Major Global Automobile Companies

Major Global Automobile Companies
Major Global Automobile Companies Image link: https://en.wikipedia.org/wiki/List_of_automobile_manufacturers_of_Germany
C O N T E N T S:

KEY TOPICS

  • The top 10 automobile companies in the world constitute for more than three-fifths of the global automobile market.(More…)
  • Eventual tariffs on autos could hit companies including Korea’s Hyundai Motor Co, Japan’s Toyota Motor Corp and Germany’s BMW, as well as global factories for U.S. brands General Motors Co, Ford Motor Co, and Fiat Chrysler Automobiles NV. (More…)

POSSIBLY USEFUL

  • This ranking is a snapshot of Statista’s toplist “Top 200 Companies: Automotive & Automotive Parts”, which includes revenue and other key figures for the leading 200 car makers and parts suppliers worldwide.(More…)

RANKED SELECTED SOURCES

KEY TOPICS

The top 10 automobile companies in the world constitute for more than three-fifths of the global automobile market. [1] BMW is another top 10 automobile companies in the world with a global presence in all continents in the world. [1]

The global automobile market was valued at around $1,400 billion in 2017 and is estimated to expand at a CAGR of more 3% for the next five years to surpass $1,650 billion by the end of 2022. [1]

The top 10 automobile companies in the world are increasingly focusing on investments on R&D to upgrade their manufacturing technology so that their cars offer better fuel efficiency on the road and enhance the driving experience for the passengers. [1] Volkswagen Group is one of top 10 automobile companies in the world with various brands of top-class cars such as Audi, Bugatti, Bentley, Lamborghini, Porsche, SEAT, Skoda, and VW. Volkswagen Group was formed in 1937 at Wolfsburg, Germany by the German Labor Front. [1] Among all the top 10 automobile companies in the world in 2018, BMW has four best-selling car brands that are BMW M, BMW-i, Rolls Royce, and Mini. [1] Although the prices of raw materials and fuel have been on the rise, these market challenges are going to be overcome by the top 10 automobile companies in the world as the demand for passenger cars is likely to keep growing across the world, predominantly in the Asia Pacific region. [1] General Motors (GM) has been ranked among top 10 automobile companies in the world in 2018 and is a very trusted name in the automobile manufacturing industry across the world. [1] Overall, the top 10 automobile companies are poised to witness a massive surge in demand and production of the best automobiles in the next five years. [1] Toyota is one of the top 10 automobile companies in the world both in terms of revenue and production. [1] Honda is another Japanese name among the top 10 automobile companies in the world with an annual revenue of over $60 billion at the end of 2017. [1] Ford is a leading top 10 automobile companies in the world and was established in 1903 by Henry Ford at Dearborn, Michigan, United States. [1] The largest market in the Asia Pacific region for the top 10 automobile companies in the world in 2018 is China, followed closely by the other BRIC nations. [1]

Foreign vehicles manufacturers have been assemebling vehicles here for the past 30 years as well and now several automobile companies are in discussion to build automobile factories in the country. [2] Many other global automobile giants such as PSA Peugeot Citro”n, Volvo, Kia are setting up their plants and Lexus, Infiniti are also in the process of setting up their manufacturing plants in this country. [2] President Donald Trump?s threat to slap 25% tariffs on imported cars and car parts would be a credit negative, and not just for the U.S. but for every segment of the global automobile industry, from car makers to parts suppliers, dealers and transportation companies. [3] “China is reshaping the global automobile industry at the highest level,” Geely president An Conghui said at the launch. [4]

Eventual tariffs on autos could hit companies including Korea’s Hyundai Motor Co, Japan’s Toyota Motor Corp and Germany’s BMW, as well as global factories for U.S. brands General Motors Co, Ford Motor Co, and Fiat Chrysler Automobiles NV. [5] On June 5th, the 9th Global Automobile Forum was grandly opened in Chongqing, China. [6]

POSSIBLY USEFUL

This ranking is a snapshot of Statista’s toplist “Top 200 Companies: Automotive & Automotive Parts”, which includes revenue and other key figures for the leading 200 car makers and parts suppliers worldwide. [7] This statistic shows the revenues of the leading global companies in the automotive sector in 2017. [7]

In that year German car maker Volkswagen, recently under attack for evading emissions regulations in the U.S., narrowly beat Japanese rival Toyota to second place with global revenues of almost 260 billion U.S. dollars. [7] The demand for hybrid and electric automobiles will also gain significant traction in the next few years due to rising levels of pollution and global warming across many regions. [1] According to automobile manufacturing industry sources, there is intense competition between the leading automobile manufacturers of passenger cars and the market is expected to intensify in the coming years with the advent of electric and hybrid future generation cars. [1] With the ever-changing consumer preferences and evolving demographics of the automobile manufacturing industry, the top 10 car companies in the world are investing heavily on expanding their production capacities and focusing on R&D to use the latest technology in manufacturing their fleet of vehicles. [1] The top 10 car companies in the world are geared to step up their production capacities as it is forecasted that the sales volume of passenger cars will grow significantly from the 78 million units in 2017 to cross past the 100 million units mark within the next few years. [1] Toyota was the first among the top 10 car companies in the world to reach an annual production capacity of 10 million cars in 2012, the same year Toyota also manufactured it?s 200th million cars. [1]

Honda was incorporated in 1948 at Hamamatsu, Japan by Soichiro Honda and Takeo Fujisawa while the headquarters of this top 10 car companies in the world is located at Tokyo, Japan. [1] The top car companies in the world are expected to develop new kinds of futuristic cars that will have the latest technology in terms of safety, comfort, mileage, and lower levels of carbon emission. [1]

Daimler manufactures around 3.3 million cars every year and has more than 289,000 employees working for this top automobile company. [1] This top automobile company in 2018 has an annual production capacity of around 6.7 million cars and employs more than 200,000 personnel. [1] This top automobile company has over 129,000 professionals employed globally and is one of the best luxury car manufacturers in the world. [1] This top 10 automobile company in the world in 2018 with five top-selling car brands Toyota, Hino, Lexus, Ranz, and Daihatsu was estimated to have an annual revenue of around $240 billion and employs more than 365,000 professionals. [1] This top automobile company in the world has top-selling car brands like Mercedes-Benz, Mercedes-AMG, Maybach, and Smart. [1]

Ford had an estimated annual revenue of almost $150 billion with a net income of around $8 billion in 2017 and owns more than 90 automobile manufacturing plants across the world. [1] This leading automobile manufacturing company was founded in 2003 by Martin Eberhard, Marc Tarpenning, Elon Musk, Ian Wright, and JB Straubel at Palo Alto, California, United States. [1] Nissan is a Japanese automobile manufacturing company and is headquartered at Yokohama, Japan. [1] After the Great Depression and World War II, these companies continued to prosper and the U.S. produced near 3/4 of all automobiles in the world at 1950. 20 21 However, after record of production near 15 millions in some 1970s years, at the beginning and middle of that decade, a combination of high oil prices, increased competition from foreign auto manufacturers, and increasing government regulation severely affected the companies. [2]

Companies in this industry manufacture chassis for automobiles and light-duty motor vehicles and assemble final automobiles and light-duty motor vehicles. [8] The Largest automotive companies in India are Maruti Suzuki, Hyundai Motor India, Mahindra & Mahindra and Tata Motors (In 2008, it launched Tata Nano, the cheapest car in the world at $1,500). 25 Foreign auto companies with plants in India include, General Motors, Ford, Hyundai, Honda, Suzuki, Nissan Motors, Toyota, Volkswagen, Audi, Skoda, BMW, Renault, Mitsubishi, Jaguar Land Rover, Fiat and Mercedes Benz. [2] Some global companies are present in Argentina such as BYD, Fiat, Volkswagen Group, Ford, Iveco, General Motors, Nissan Motors, Toyota, Scania, Mercedes-Benz, Renault, Honda, PSA (Peugeot-Citroen), etc., and also some national companies such as Materfer, 84 TAT S.A., 85 Helvica, 86 Crespi, PurSang, 87 etc. The last have produced replicas of classic cars equipped with modern technology. [2] Most large global automakers have a presence in Brazil, including BYD, Fiat, Volkswagen Group, Ford, General Motors, Nissan Motors, Toyota, MAN SE, Mitsubishi, Mercedes-Benz, Renault, Honda, Hyundai etc. Brazil also has a number of emerging national companies such as Troller, Marcopolo S.A., Agrale, Randon S.A., Excalibur etc., some of which have produced replicas of classic cars upgraded with modern technology. [2]

Global car manufacturers with production plants include Mercedes-Benz, Fiat / Tofa?, Oyak-Renault, Hyundai, Toyota, Honda and Ford / Otosan. [2] Since 2015, China is the world?s leading car producing country with nearly 25-percent share of the total global vehicle production. [9] With a cluster of car-makers and parts suppliers, the Turkish automotive sector has become an integral part of the global network of production bases, exporting over $22,944,000,000 worth of motor vehicles and components in 2008. [2] German automotive consulting group Roland Berger recently said it expects global “green” vehicle sales to exceed 23 million units by 2025, up from 2.35m units last year. [10] China overtook the USA in 2010 as the world’s largest vehicle market and has not looked back since.Total vehicle sales are expected to be in the region of 29 million units this year – or approaching one-third of global sales. [10]

Global sales of passenger cars are forecast to hit 78.6 million vehicles in 2017. [11] Some of this slowdown is a result of the industry-wide shift in sales from cars to SUVs. However, a closer analysis shows that not all manufacturers invest equally to reduce global warming emissions from the vehicles they sell, regardless of the fleet mix. [12]

Over the five years to 2017, revenue for the Global Car and Automobile Manufacturing industry is expected to trend higher, bolstered by improving economic conditions, particularly at the consumer level. [8] By contrast, the overall car market leaders Volkswagen (Germany) and General Motors (GM; US) sell around 4m cars a year in China, and practically no NEVs. Moreover, the Chinese government may be keen to keep it that wayits NEV programme is intended to build up China’s global dominance in EV technologies. [13] The numbers are in, and the trend is clear: While the industry is making the cleanest cars on record, major automakers have slowed the reduction of global warming emissions despite having the technology to go much further. [12] The industry is deemed to have a low level of concentration and the largest four automakers are estimated to account for nearly 30.0% of global revenue. [8]

Due to the global financial crisis in 2009 the industry produced 600 thousands vehicles only, down from 1.5 million in 2008 after post-Soviet restoration. [2] Passenger vehicles In 2018 the global automotive industry will have to face up to major changes in its two biggest markets, the U.S. and China, argues our Industries in 2018 report. [13]

It has Soviet origins, evident in the subsequent practice of cloning foreign specimens, though in one recent automobile joint-venture, North Korea developed a wide-range automotive industry with production of all types of vehicles (an urban and off-road mini, luxury, SUV cars, a small, midi, heavy and super-heavy cargo, haulage, construction and off-road trucks, a mini buses, a usual and articulated buses, trolleybuses and trams). [2] The other car manufacturers, such as the Bahman Group, Kerman Motors, Kish Khodro, Raniran, Traktorsazi, Shahab Khodro, and others together produced only 6%. 28 These automakers produce a wide range of automobiles including motorbikes, passenger cars such as Saipa’s Tiba, vans, mini trucks, medium-sized trucks, heavy duty trucks, minibuses, large size buses and other heavy automobiles used in commercial and private activities in the country. [2] Now, annual production of more than 18 million automobiles exceeds that of the United States and Japan combined, or that of the EU. 20 21 Moreover, with total sales of 13.64 million, China became the largest automobile market in the world for the full year 2009, overtaking the United States. [2]

In 2009, 13.83 million motor vehicles were manufactured in China, surpassing Japan as the world’s largest automobile producer. [2] “Developing new-energy vehicles is the only way for China to move from a big automobile country to a powerful automobile hub,” he said when visiting SAIC Motor Corp., a Shanghai government-owned company that partners with GM and Volkswagen in China. [14] Henry M. Leland, founder of the Cadillac Motor Car Company and the man responsible for this feat of showmanship, later enlisted the aid of a noted electrical engineer, Charles F. Kettering, in developing the electric starter, a significant innovation in promoting the acceptability of the gasoline-powered automobile. [15] Auto manufacturers in the Slovakia currently include 3 OEM automobile production plants: Volkswagen’s in Bratislava, PSA Peugeot Citro”n’s in Trnava and Kia Motors ‘ ?ilina Plant. [2] After the Second World War this factory was renamed Zastava Automobiles and the production of motor vehicles started again under license to FIAT. [2] The Algerian representative of the Japanese giant, in collaboration with Toyota Motor Corporation, account and conduct a study on the Algerian automobile market “to identify patterns that could be assembled locally.” 10 Toyota Algeria also announced the launch of a production unit of brake pads and brake shoes, with a medium-term capacity of 200,000 units to 300,000 units respectively. [2] In terms of revenue, Toyota, Volkswagen, and Daimler topped the list of major automobile makers in 2016, while the automotive supplier industry was dominated by Bosch, Continental, Denso and Magna. [11] The Argentinian industry is regulated by the Asociaci De Fabricantes de Automotores (Adefa), 83 created in 1960, which includes makers of automobiles, light vehicles, trucks and buses. [2] The Brazilian industry is regulated by the Associao Nacional dos Fabricantes de Ve’culos Automotores (Anfavea), created in 1956, which includes makers of automobiles, light vehicles, trucks and buses, and agriculture machines with factories in Brazil. [2]

Ford recently announced plans to introduce 15 new electric vehicle models in China by 2025 through a new joint venture with Anhui Zotye Automobile, while Volkswagen Group also said it will invest more than EUR10bn with its Chinese partners by 2025 to develop and produce up to 40 NEV models in China. [10] Automakers such as Geely, Chery Automobile Co.  and BYD started talking a decade ago about cracking the U.S. auto market with an array of low-cost passenger vehicles. [14] The design of modern automotive vehicles is discussed in the articles automobile, truck, bus, and motorcycle ; automotive engines are described in gasoline engine and diesel engine. [15]

Although the automobile originated in Europe in the late 19th century, the United States completely dominated the world industry for the first half of the 20th century through the invention of mass production techniques. [15] Along with China, the United States is counted among the largest automobile markets worldwide, both in terms of production and sales. [11] The Rootes Group, based on Hillman and Humber, was a combine formed by a family that had built a large automobile sales concern and then moved from sales to production. [15] That’s the master plan of billionaire Li Shufu, who has catapulted from founding Geely Group as a refrigerator maker in the 1980s to owning Volvo Cars, British sports carmaker Lotus, London Black Cabs and the largest stake in Daimler AG —the inventor of the automobile. [14] The kind of interchangeability achieved by the “American system” was dramatically demonstrated in 1908 at the British Royal Automobile Club in London: three Cadillac cars were disassembled, the parts were mixed together, 89 parts were removed at random and replaced from dealer?s stock, and the cars were reassembled and driven 800 km (500 miles) without trouble. [15] Japanese zaibatsu (business conglomerates) began building their first automobiles in the middle to late 1910s, while designing their own trucks and producing European cars in Japan under license. [2] The United States was the world’s largest automobile producer by volume from the early years of the 20th century until the 1980s, when it was overtaken by Japan. [2] Now that production is more than 200 thousand per year, Uzbekistan exports automobiles to Russia and other CIS countries. [2] Except for Rolls-Royce, whose automobile production was only a very small part of the company?s business, British automobile output was then largely controlled by four firms: British Leyland, Ford, Vauxhall, and Rootes, which came under Chrysler control in 1967 but was sold off to France?s Peugeot-Citro”n in 1978. [15] Russia has inherited a main part of automotive industry of the Soviet Union with near 1.8 million annual production of all types of automobiles in RSFSR. [2] South Africa is traditionally the leader in Africa of the automotive industry and now produces more than half a million annually of all types of automobiles. [2]

The project is in partnership with the Chinese Jianghuaa Automobile Corporation JAC Motors and Emin Auto. [2] The most promising, Kaiser-Frazer Corporation, lasted some 10 years but lacked the financial, technical, and sales resources to compete when the automobile market returned to normal. [15] This month, China said it would levy an additional 25 percent levy on about $50 billion of U.S. imports, including automobiles and aircraft. [14] In the United States the preparation for industrial mobilization was negligible until 1940; in fact, there was no serious effort even to restrict civilian automobile production until after the attack on Pearl Harbor in December 1941. [15] The South Korean automobile industry is today the sixth largest in the World in terms of production volume (concedes to China, United States, Japan, Germany and India only) and the sixth largest in terms of export volume, achieved more than 4.6 million vehicles produced in 2011. [2] The automobile industry has been an active and growing field in Pakistan for a long time, however not as much established to figure in the prominent list of the top automotive industries, having a stable annual production of between 100,000-170,000 vehicles. [2]

Ukraine was one of two only Soviet republics having production of all types of automobiles and was second by volume in the automotive industry of the Soviet Union with more than 200,000 annual production. [2] Croatia is a fairly new player in the automotive industry and its primary focus has been on the development of luxury grade electric automobiles and supercars. [2]

The major developments of the 1920s were the merger of Daimler and Benz in 1926, after the founders of those firms had died (their bitter rivalry for the distinction of being the inventor of the gasoline automobile made any such union during their lifetimes unthinkable), and the entry of General Motors onto the German scene through the acquisition of the Adam Opel company in 1929. [15]

Swedish automobile manufacturing is widely known in European and U.S. markets due to advanced and safe cars including Saab and Volvo brands, although their production (150-200 thousand per year) is not among the largest in Europe and the world. [2] Italian automobile manufacturers gained a reputation for highly engineered sports cars and racing cars, but Italy had no mass market and therefore achieved only small-scale production at that time. [15] In the United States there was a legal battle between Ford and the Association of Licensed Automobile Manufacturers over the Selden patent, which the association claimed as a basic patent on the gasoline-powered car. [15]

The Irish industry in Ireland has a varied history and despite the small size of the island, a punitive tax on imported cars encouraged a wide range of companies to assemble their cars locally including Fiat, Ford and Renault. [2] The industry began with hundreds of manufacturers, but by the end of the 1920s it became dominated by three large companies – General Motors, Ford and Chrysler. [2] The result has been the loss of all Spanish car brands manufacturers, which are now in hands of foreign companies. [2] Some of the Malaysian companies produce some models in collaboration with Japanese, Chinese- BYD, South Korean or European manufacturers, while also developing fully indigenous Malaysian made cars. [2] After dissollution of the federation, new car assembly plants were built by foreign companies in Slovakia as in other countries in central Europe. [2] The largest companies are light vehicle producers AvtoVAZ and GAZ, while KAMAZ is the leading heavy vehicle producer. 11 foreign carmakers have production operations or are constructing plants in Russia. [2] The Chinese Government in September announced revised policies that target in excess of two million NEV sales by 2020, based on an energy scoring system mandatory for companies with more than 30,000 annual vehicle sales. [10] A few producers of specialized vehicles remained, along with an assortment of companies that made automotive parts and components. [15] Automotive industry, all those companies and activities involved in the manufacture of motor vehicles, including most components, such as engines and bodies, but excluding tires, batteries, and fuel. [15] In the 1980s-1990s U.S. auto power was overtaken by rapidly growing Japanese auto industry but in the 21st century both of them are balanced and now are the second largest in the World (after China) with annual production of 8-10 millions. 20 In the ensuing years, the companies periodically bounced back, but by 2008 the industry was in turmoil. [2] Chinese companies have announced at least $31 billion in overseas deals during the past five years, buying stakes in carmakers and parts producers, according to data compiled by Bloomberg. [14] Currently most companies have downsized or have paralyzed operations due to the difficulty in obtaining foreign currency to import necessary auto parts. [2] Magna Steyr is now a contract manufacture that has built a number of cars for foreign companies, most recently for Aston Martin and Mini. [2] During the 1930s British automotive production continued to increase steadily, in contrast to American production, and so the smaller companies were not forced to compete for a shrinking market. [15] Currently some of the major world automakers have set up assembly plants or are in joint ventures with local companies, including Toyota, General Motors, Honda, Suzuki, and Nissan Motors. [2] These companies as well as Mitsubishi, Isuzu, Fuji, and Suzuki later opened manufacturing plants in major markets outside Japan to ease trade tensions and increase their competitiveness as the value of Japan?s currency soared. [15]

The automotive industry in Croatia employs about 10,000 people in over 130 companies and generates profit of about US$600 million. [2] Carmakers may get better visibility of their futures, and those Chinese companies that fear losing sales at home may sense a greater impetus to go abroad. [14] To juice those batteries, Chinese companies are leading the way in securing necessary raw materials like cobalt and lithium. [14]

Rights to many currently dormant brands, including Austin, Riley, Rover and Triumph, are also owned by foreign companies. [2]

Besides DAF Trucks and VDL buses, present Dutch auto production consists primarily of contract manufacturing for BMW and Mini by VDL Nedcar (formerly producing DAF, Volvo, smart and Mitsubishi 66 ), plus a few small sports car companies: Spyker Cars and Donkervoort. [2]

The vehicles brands Volvo group will be assembled in this unit, This plant has the potential to become an important element in the global network of Iveco. [2] Our analysis shows that the Q2 annualised sales rate for the global light vehicle market was up 3.8% on last year’s pace at just over 97m units. [16] The indirect feedback loop is via lower global economic growth and lower sales of cars and trucks as a result. [16] Global sales of full EVs could top 1.3m in 2018, up from 774,000 in 2016 and an estimated 1m in 2017. [13]

Automakers around the world have stepped up their efforts to expand into the new-energy vehicle (NEV) segment, in what is being described as the most far-reaching overhaul of the global automotive industry in many decades. [10] In the last few months most global vehicle manufacturers have rushed through new global product plans in response to these new regulations. [10] Global demand for Skoda models continues to rise: In August, the Czech brand delivered 91,800 vehicles to customers, exceeding the previous year’s result by 6.6% (August 2017: 86,100 vehicles). [16]

The creeping global influence of China’s industry isn’t limited to getting their wheels on U.S. and European roads. [14] The global market for autonomous driving hardware components is expected to grow from 400 million U.S. dollars in 2015 to 40 billion U.S. dollars in 2030. [11]

Holden (part of the global General Motors group), Ford Toyota and Mitsubishi Motors. [2] “NEVs can help China to become a global leader in the auto industry,” Hu said. [14] Despite the impact of low commodity prices in regions such as Latin America, the past few years have been fairly calm for the global automotive industry. [13] The automotive industry, with its complex products and global supply chains, is particularly vulnerable to additional costs applying to international trade. [16]

With such an important market, it was inevitable that domestic Chinese policies would begin to influence the development the global auto industry. [10]

Now Romanian automobile manufacturing produces near 350 thousand vehicles per year and includes Dacia, Grivi?a, Igero, Roman and Ford (the former Daewoo and Oltcit manufacturing facility). [2] Ukraine automobile manufacturers produces 100-200 thousand per year now and includes UkrAvto ( ZAZ, MeMZ ), Bogdan ( Bogdan Motors ), KrAZ, KrASZ, BAZ, ChAZ, Electron, Eurocar, Etalon-Avto, HalAZ, Anto-Rus and LAZ. [2] In less than 10 years the number of automobile manufacturers in the United States dropped from 108 to 44. [15]

In terms of output–nearly 3.8 million cars a year, according to the most recent figures –India now nearly matches South Korea, an automobile powerhouse, and is on track to catch up with Germany. [17] If automobiles, and by extension manufacturing more broadly, take off in India, the country may be able to generate many of the jobs required to employ the 12 million new entrants to the labor market each year. [17]

Dongfeng Motor Group Co. Ltd. 0489, +5.03%, Beijing Automotive Group Co. Ltd. 002662, +1.70% and Geely Automobile Holdings Ltd. 0175, +1.73% export less than 5% of their unit sales, mainly to emerging markets. [3] Fiat Chrysler Automobiles NV FCA, +0.29% produces about half its vehicles in the U.S., with the remaining units imported mainly from Mexico and Canada.” [3]

Industry 4.0 has transformed every aspect of automobile production, from design and operation to the servicing of physical systems. [18]

Non-U.S. car manufacturers will be hit harder than their U.S. rivals, particularly those companies that do not have plants in the U.S. Jaguar Land Rover Automotive PLC, for example, has no U.S. production, while Volvo AB VOLVB, +0.68% VOLVA, +0.52% is planning to start U.S. production next year. [3] In 2018, only 16 women (8%) were executives in the top 20 motor vehicles and parts companies in the Fortune Global 500. [19] In a global economy, which is what the U.S. operates in and dominates, along with China, companies build and assemble products where they sell them when they can. [20]

While India?s car market is still a far cry from China and the U.S., it will likely be the single brightest spot in the global car industry over the next three to five years. [21] The global car industry has hit a peak after five to seven years of breakneck growth. [21] This third volume of the report, released every five years, with the German Association of the Automotive Industry (VDA), found global automotive value creation to rise by 30 percent by 2030 with global passenger car production also growing by 30 percent to 123 million units. [22] By the early 2000s, supplying to global car manufacturers for their local as well as global supply chains had helped India emerge as a high-quality global source for auto components. (Think radiator caps and the like.) [17] The report identifies the trends impacting global manufacturers and suppliers as: connected vehicle, autonomous vehicles, e-mobility, digital industry, new pay-per-use distribution channels, changing customer structure and the human-machine interface. [22] That?s the view of Moody?s Investors Service in a report published Monday, that highlights the pressure tariffs would place on an industry that relies on a complex, global supply chain and is facing major technological changes as self-driving and electric vehicle development continues apace. [3] As the case of Maruti Suzuki illustrates, the involvement of foreign manufacturers has provided technology that can bring Indian parts and vehicles up to global standards, and therefore make them export-ready, another major benefit. [17] While Toyota Motor Co. 7203, +0.96%, Nissan Motor Co. Ltd. 7201, +1.39% and Honda Motor Co. 7267, +1.23% manufacture a sizable proportion of their global production in the U.S., exports to the U.S. from Japan make up a noteworthy part of their domestic production. [3] Rodrik attributes this in part to the effects of trade and globalization–competition from China and other major manufacturers on the global market–which suggests that India (and sub-Saharan Africa for that matter) would have a hard time patterning its growth on China?s labor-intensive strategy. [17] India had not yet emerged as a global auto hub in the way that Thailand and South Korea had become, and lagged far behind China. [17] The same year, McKinsey Global Institute issued a set of recommendations that included “Manufacturing for India, in India” in its top five “opportunities for growth and transformation.” [17] Manufacturing in India still faces problems, including poor infrastructure, red tape, disconnectedness from global supply chains, and restrictive labor laws that have stymied the growth of business and limited economic dynamism. [17] Shortly after his 2014 election, Prime Minister Narendra Modi launched the “Make in India” campaign with the avowed goal of transforming India “into a global design and manufacturing hub.” [17]

“However, these imports represent only about 12% of BMW?s total annual unit sales, about 8% of Daimler?s global light vehicle sales, and around 3% of VW group sales (figures include sales from Chinese joint ventures),” said Clark. [3] With China?s government leading a global push to electric vehicles, Mr. Li is positioning Volvo to ride the wave. [4] That is one reason why many of the electric vehicle start-ups carry rather un-Chinese global names. [23] If smaller and medium suppliers do not adapt to new business models or embed digital integrators, they may be left behind, while existing global large-scale suppliers find their role expanded by offering even more complex systems, such as complete chassis “skateboards” for electric cars or entire systems for driverless cars. [22] Revolutionary changes coming in the global automotive arena: Electrics. [23]

It also reflects a more pressing concern: About 50 percent of India?s employed depend on agriculture for a living, but, according to the World Bank, the country?s small and unproductive farms contribute only 17.4 percent of GDP. With 12 million Indians coming of working age each year, the country needs to ensure there are enough jobs to employ its fast-growing and youthful (by global standards) workforce. [17] The move takes Hangzhou-based Zhejiang Geely Holding Group Co. one step closer to becoming China?s first global auto maker. [4] Then came the global financial crisis, and Ford, desperate to raise cash, remembered the Chinese businessman who?d come calling and unloaded loss-making Volvo to Geely, Mr. Yang said. [4] As Chinese automakers prepare to go global, they realize that clunky names will not do. [23]

Trump’s apparent ignorance about the basics of the global auto industry was in play this week when he gave a speech targeting BMW for tariff punishment while stumping in South Carolina. [20]

Railroad companies could also take a hit if crossborder transportation of autos and car parts shrinks, said the analyst. [3] That imbalance reflects the market shares gained by foreign-owned auto companies in the U.S. through savvy product development and marketing. [20] “The companies are likely to reduce exports from the U.S. to Canada or other regions if tariffs are imposed,” said Clark. [3] For every one manufacturing job saved or created, for example, for steel and aluminum companies as a result of Trump tariffs, economists estimate that ten are lost elsewhere in the economy as a result of retaliatory tariffs from China, Canada and the European Union. [20]

“These companies have minimal U.S.-produced vehicle penetration to offset reduced sales from price increases on imported vehicles,” said the report. [3] BMW has invested billions in its Greer, S.C., plant, plus the state has benefited hugely from the supplier companies that have located there, and flanker economy brought to the state-everything from hotels to restaurants- by the Munich-based automaker. [20]

Against this backdrop of patchy industrialization, the relative success of India?s car industry reveals how a once-closed sector gradually–and without receiving much attention–became the world?s sixth-largest automobile manufacturer. [17] It was not until the mid-1990s, after liberalization, that India opened the automobile industry to major investment by foreign manufacturers. [17]

“I can?t find a single company that is calling for protection from international competition,” said John Bozzella, president and CEO of Global Automakers, a D.C. -based lobbying group. [20]

The data on global car production displayed on the Worldometers’ counter is based on the latest statistics on worldwide car production issued by the International Organization of Motor Vehicle Manufacturers ( OICA ). [24] This is a true auto industry ETF, tracking the Nasdaq OMX Global Auto Index, which includes only companies classified as car manufacturers. [25] CDP analysis ranked 16 of the world?s largest publicly-listed automotive companies on business readiness for a low carbon transition with a total market capitalization of USD 790 billion, representing over 75% of the global passenger vehicle market. [26] Even with first-mover advantage in the electric vehicle space, direct access to the thriving Chinese consumer marketplace, and deep links to the Chinese supply chain, Tesla would be operating at a 25 percent cost disadvantage to Volvo in China due to current global trade rules that favor locally-owned companies. [27] Responding to the shifts in global automotive industry and consumer trends, traditional car companies are increasingly investing – over USD 11 billion since 2015 – in autonomous and shared vehicle companies such as Lyft, and setting aggressive electric and autonomous vehicle targets. [26] Just how vast and deep the changes will become is difficult to grasp because there are so many interconnected pieces to the global automotive industry, not to mention scores of companies entering this market. [28]

The industry would still lose tens or hundreds of thousands of jobs over all as tariffs reduced employment at auto parts companies and higher prices discouraged consumers from buying cars, leading to lost jobs at dealerships. [29] Auto companies have warned that erecting barriers to trade could be devastating for what is a highly globalized industry, in which cars and their parts are manufactured and shipped around the world. [29]

Suffice to say that the car industry has come a long way since then, but some old companies have stood the test of time. [30]

Half of companies listed in the Dow Jones Industrial Average depend on automobiles for revenue. [28]

Volvo?s battery-powered vehicles will be produced initially in China, where its owner, Geely Automobile Holdings of China, already produces battery-powered cars for the Chinese market, currently the largest market for electric vehicles. [27] Cars (or automobiles) make up approximately 74% of the total motor vehicle annual production in the world. [24] The move to self-driving vehicles over the next decade or so will result in a massive restructuring of entire segments of the global economy that have evolved to create and support automobiles and the people who drive them. [28] The General Motors Lansing Delta Township Assembly Plant in Lansing, Mich. The Trump administration is considering tariffs on foreign automobiles and parts, but even cars made in America contain many parts from abroad. [29] Like many in the auto industry, Mr. Smallwood, the president of the tire company Sumitomo Rubber North America, has been puzzled and dismayed by the president?s proposal to impose tariffs on foreign automobiles and their parts. [29] While the Trump administration has imposed tariffs on around $48 billion of steel and aluminum imports, the new tariffs could be levied on up to $351 billion of automobile and auto part imports. [29] The study, which was commissioned by the National Automobile Dealers Association, found that tariffs would increase American vehicle production. [29]

In 1897, Tetra?s technical director Hugo Fischer von Roeslerstamm purchased a Benz automobile from himself and used it as inspiration to make the company?s very first car, called the Prident, later that year. [30] Cadillac was the first American car company to win the Royal Automobile Club of the United Kingdom’s Dewar Trophy in 1908 and did so again in 1912. [30]

Part 1 of 2: How do you trade off cost and safety within an automobile? Plus, a look at some of the challenges the chip industry is facing. [28] Opel officially debuted an automobile at the 1902 Hamburg Motor Show but did not shift its focus to only automobiles until their factory burned down a few years later. [30] Family differences caused Peugeot to leave and found Socides Automobiles Peugeot in 1896, two years before he would begin manufacturing motorcycles, too. [30]

OICA – (Organisation Internationale des Constructeurs d’Automobiles) – The International Organization of Motor Vehicle Manufacturers comprising 43 national trade associations around the world, including all major automobile manufacturing countries, thereby covering virtually the entire motor vehicle industry all over the world. [24] PwC’s Strategy& has extensive experience in the global automotive industry, helping senior executives at vehicle manufacturers and suppliers address the critical strategic, operational, and systems issues required to succeed in today’s rapidly evolving marketplace. [31] China key to auto sector disruption : the largest vehicle market in the world has aggressive targets for new energy vehicles such as EVs. This is significant as China accounts for 29% of global passenger vehicle sales. [26]

At PwC’s Strategy&, we leverage our years of experience and global expertise in the automotive sector to help our clients navigate an industry in transition, grow stronger, and create value for their shareholders. [31] Mergers and acquisitions among automotive suppliers are running hot, according to the ninth annual “Consolidation in the global. [31] Mergers and acquisitions in the global automotive supplier sector occurred at an unprecedented level in 2015, according to the Strategy&. [31]

It will also be played out in an incredibly competitive global trade landscape that is constantly in flux as different countries, manufacturers, and suppliers vie for a competitive edge. [27]

Efforts to accelerate the deployment of low emissions and electric vehicles is crucial for reducing carbon emissions and achieving the central goal of the Paris Climate Change Agreement, which is to keep the global average temperature well below 2 degrees Celsius and as close as possible to 1.5 degrees above pre-industrial levels. [26] Because the auto industry is an important sector of the global economy, numerous analysis of sales data and future outlook are issued by financial and economic institutes worldwide. [24]

“Every aspect of the U.S. automotive value chain is united in its concern on this issue,” said John Bozzella, the chief executive of Global Automakers, which represents international car companies. [29] This is particularly evident in the automotive sector, where the number of companies competing for a piece of the market has grown significantly over the past year. [28] In the EU alone, emissions must be reduced by up to a fifth over the next 5 years, meaning that some companies will need to increase their share of sales from EVs to 20% in order to meet the EU?s 2021 targets. [26] Some of the major auto players are in Asia right now, and if you want exposure to these industry titans as well as some of the most actively traded large-cap companies on the Asian market, this might be the fund for you. [25] When auto companies invest in new plants, the public takes notice. [32] “We’re tracking 330 companies focusing on electric vehicles, and 107 on autonomous vehicles,” said Wally Rhines, president and CEO of Mentor, a Siemens Business. [28]

Mr. Smallwood appeared at a government hearing on the sweeping tariffs the administration is now considering, along with other suppliers, and representatives from car companies and foreign countries. [29]

Since it began producing cars in 1905, the company quickly rose to becoming the biggest automobile manufacturer in all of Austria-Hungary. [30] This famous car brand technically wasn?t officially founded until 1926, but it is the result of a combination of two other automobile manufacturers that have been around for much longer. [30]

“We would argue that the supply chain allows us to remain competitive in this global market,” Jennifer Thomas, the vice president of federal government affairs at the Alliance of Automobile Manufacturers, which represents Ford, General Motors, Toyota and other global automakers, said at the hearing Thursday morning. [29] In 1901, Henry Ford founded the Henry Ford Company, which was his second attempt at creating an automobile manufacturer. [30]

A survey of more than 200 executives from more than 75 automobile manufacturers, suppliers, and dealers finds that surging sales and. [31]

On the June 5th in 2018, on the plenary meeting of opening ceremony of the 9th Global Auto Forum, the CEO of Chongqing Changan Automobile Zhu Huarong?vice president of BAIC Group Cai Suping, and executive vice president of Toyota (China) investment limited corporation Dong Changzhen, had a heated discussion based on the above issues. [6] The Trump administration has come under heavy criticism from automakers, foreign governments and others as it considers tariffs of up to 25 percent, a levy critics warn will hike vehicle costs, hurting auto sales and global industry jobs. [5] The IEA also states global electric car stock currently corresponds to just 0.2% of the total number of passenger light-duty vehicles (PLDVs). [33] Our latest Global Automotive Consumer Study continues to examine consumer interest in advanced automotive technologies, including autonomous vehicles, and also delves into consumer expectations surrounding the purchase funnel, the dealer experience, and the digital shopping experience. [34] Joe is the U.S. and Global Automotive Sector Leader within Deloitte’s Consumer & Industrial Products industry business. [34] On the afternoon of June 8th, at the closing ceremony of the 2017 Global Automotive Forum, industry leaders discussed how the future auto industry will evolve from the perspective of OEMs, policy makers, dealers and parts suppliers. [6] In the last Global Automotive Forum, many automobile business managers confessed frankly that the real hard times for the automobile industry have not yet to come, and today’s market will be missed five years from now. [6] Today the great event in of automobile industry, the Global Automotive Forum, welcomes its 9th annual meeting. [6]

After rapid growth for 15 years, China?s annual auto production is more than 29 million, accounting for one third of global auto annual output. [6] The Global Automotive Forum has been held in Chongqing for four years in a row. [6] Technavio has announced the top five leading vendors in their recent global automotive catalyst market report. [35]

Global car exports by country were valued at US$740.1 billion for 2017. [36]

Such as the legal problems of car sharing and driverless car, the access administration and energy policy adjustment issues of new energy automobile enterprises, the coordinated development issues of new energy automobile enterprises and traditional automobile enterprises, the coordinated management issues of cross-domain and cross-industry, etc. When the boundary of the industry is broken, the boundary of management also needs to be reconstructed. [6] Automotive catalyst companies are investing in R&D in order to meet the consumer demand and at the same time help automobile manufacturing companies to design and manufacture cars according to various government regulations. [35] Under the auspices of Zhao Yang, vice chairman of the Automotive Committee of the China Council for the Promotion of International Trade, a new status quo and new expectations of Chinese auto companies have attracted countless audiences. [6]

Tech companies, by contrast, spend 35% to 60% of cashflow on production, with 10% to 15% devoted to R&D. There?s little room for carmakers to maneuver with profit margins hovering around 10% compared to 20% to 30% in the tech industry. [37] Our list of 10 distinguished Tier 1 companies you?ll meet at Car HMI Europe 2018 includes established players in the automotive industry as well as promising, disruptive startups. [38] “Tech companies want to own the “brains? of the vehicle because they know that?s where the biggest profit pools will be,” wrote Kevin Rivette, managing partner at Sherpa Technology Group, by email. [37] Sixteen of the world?s top twenty automakers have a combined enterprise value of $978 billion, putting them well within reach of the $1.1 trillion held in cash and equivalents by the world?s top twenty tech companies. [37]

In the second 100 years, automobiles are being upgraded to the smart synthesis of travel tools, entertainment vehicles and fashion pioneers. [6] “The meeting is meant to bring together major auto producing nations so we can discuss our concerns over the U.S. Department of Commerce’s Section 232 investigation of automobiles and parts,” said the Canadian government official. [5] Whether new-energy automobiles can succeed in reforming depends on whether or not its technological improvements in battery, electric motor and electronic control can bring people with better experience than fuel automobiles; whether or not automatic driving can practically work depends on if sensor technology and data processing technology can truly surpass human eyes and brain. [6]

The forum was established by the China Council for the Promotion of International Trade Automobile Industry Committee eight years ago with the mission of discussing the structural changes and challenges of the automotive industry worldwide. [6]

McKinsey?s Advanced Industries report “The road to 2020 and beyond: What?s driving the global automotive industry?? predicts “()the global automotive industry is about to enter a period of wide-ranging and transformative change, as sales continue to shift and environmental regulations tighten. [33] This company is among the leading global providers of UI design software and HMI services for the automotive industry. [38]

RANKED SELECTED SOURCES(38 source documents arranged by frequency of occurrence in the above report)

1. (46) Automotive industry by country – Wikipedia

2. (28) Top 10 Automobile Companies in World: 2018 Overview

3. (16) automotive industry | History, Developments, & Facts | Britannica.com

4. (12) India’s Quest to Become a Manufacturing Powerhouse – The Atlantic

5. (12) Welcome to Global Automotive Forum

6. (10) Trump tariffs would be bad for the entire global auto industry, says Moody?s – MarketWatch

7. (9) China?s Carmakers Want to Dominate World?s Next Era of Driving – Bloomberg

8. (9) On Trump?s Car Tariffs, Companies Are United in Dissent – The New York Times

9. (8) 9 Oldest Car Companies in the World | Oldest.org

10. (7) Global automakers in major new-energy overhaul – ANALYSIS | Automotive Industry Analysis | just-auto

11. (6) Auto Industry To Trump: Keep Your Tariffs . Please

12. (6) Semiconductor Engineering .:. Giant Auto Industry Disruption Ahead

13. (5) Global Car Industry Must Shift to Low Carbon to Survive – CDP | UNFCCC

14. (5) Automotive | PwCs Strategy&

15. (4) Statistics & Facts on the Global Automotive Industry | Statista

16. (4) Double challenge: Automotive in 2018

17. (4) Global automotive market report – Q2 2018 | Automotive Industry Analysis | just-auto

18. (4) Cars produced in the world – Worldometers

19. (4) How China?s Geely Turned a Disassembled Mercedes Into a Global Car Company – WSJ

20. (3) Turbulent Times Ahead for Global Automotive Industry According to New Oliver Wyman Report

21. (3) A Quick and Simple (Or Not) Guide To Chinese Car Company Names

22. (3) Is the U.S. at risk of losing its auto industry to China?

23. (3) Tech companies have enough in the bank to buy the entire auto industry in cash — Quartz

24. (3) Global auto powers plotting response to Trump auto tariff threats | Reuters

25. (3) • Global leading automotive companies by revenue in 2017 | Statistic

26. (3) Global Car & Automobile Manufacturing. Industry Market Research Reports, Trends, Statistics, Data, Forecasts

27. (2) Automaker Rankings (2018) | Union of Concerned Scientists

28. (2) This Is The Fastest-Growing Car Market In The World Today | Seeking Alpha

29. (2) Top 3 Auto Industry ETFs in 2017 (CARZ, ADRA) | Investopedia

30. (2) Mobility as a Service – a challenge for the automotive industry? – SkedGo

31. (2) 2018 Global Automotive Consumer Study | Deloitte US

32. (2) Top 5 Vendors in the Global Automotive Catalyst Market from 2017 to 2021 | Technavio

33. (2) Top 10 Tier 1 Companies to Watch at Car HMI Europe 2018 | Intellias Blog

34. (1) Top 10 Automotive Industry Trends to Watch in 2018 | Technavio

35. (1) Women in the Automotive Industry | Catalyst

36. (1) Guide to Economic Development in the Global Auto Industry

37. (1) Car Exports by Country

38. (1) See Which Are The Biggest Automakers In China By Sales