The automotive industry comprises a wide range of
companies
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared go ...
and
organization
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose.
The word is derived from ...
s involved in the
design
A design is a plan or specification for the construction of an object or system or for the implementation of an activity or process or the result of that plan or specification in the form of a prototype, product, or process. The verb ''to design'' ...
,
development
Development or developing may refer to:
Arts
*Development hell, when a project is stuck in development
*Filmmaking, development phase, including finance and budgeting
*Development (music), the process thematic material is reshaped
*Photographi ...
,
manufacturing
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a r ...
,
marketing
Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emph ...
, and
selling
Sales are activities related to selling or the number of goods sold in a given targeted time period. The delivery of a service for a cost is also considered a sale.
The seller, or the provider of the Goods and services, goods or services, c ...
of
motor vehicle
A motor vehicle, also known as motorized vehicle or automotive vehicle, is a self-propelled land vehicle, commonly wheeled, that does not operate on Track (rail transport), rails (such as trains or trams) and is used for the transportation of pe ...
s.
It is one of the world's largest
industries by
revenue
In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business.
Commercial revenue may also be referred to as sales or as turnover. Some companies receive reven ...
(from 16 % such as in France up to 40 % to countries like Slovakia). It is also the industry with the highest spending on research & development per firm.
The word ''automotive'' comes from the
Greek
Greek may refer to:
Greece
Anything of, from, or related to Greece, a country in Southern Europe:
*Greeks, an ethnic group.
*Greek language, a branch of the Indo-European language family.
**Proto-Greek language, the assumed last common ancestor ...
''autos'' (self), and
Latin
Latin (, or , ) is a classical language belonging to the Italic branch of the Indo-European languages. Latin was originally a dialect spoken in the lower Tiber area (then known as Latium) around present-day Rome, but through the power of the ...
''motivus'' (of
motion
In physics, motion is the phenomenon in which an object changes its position with respect to time. Motion is mathematically described in terms of displacement, distance, velocity, acceleration, speed and frame of reference to an observer and mea ...
), referring to any form of self-powered vehicle. This term, as proposed by
Elmer Sperry
Elmer Ambrose Sperry Sr. (October 12, 1860 – June 16, 1930) was an American inventor and entrepreneur, most famous for construction, two years after Hermann Anschütz-Kaempfe, of the gyrocompass and as founder of the Sperry Gyroscope Company. H ...
[
]
(1860-1930), first came into use with reference to automobiles in 1898.
History
![Workers in Fiat factories, Turin](https://upload.wikimedia.org/wikipedia/commons/a/a1/Workers_in_Fiat_factories%2C_Turin.jpg)
The automotive industry began in the 1860s with hundreds of manufacturers that pioneered the
horseless carriage
Horseless carriage is an early name for the car, motor car or automobile. Prior to the invention of the motor car, carriages were usually pulled by animals, typically horses. The term can be compared to other transitional terms, such as mobile ph ...
. For many decades, the
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
led the world in total automobile production. In 1929, before the
Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagio ...
, the world had 32,028,500 automobiles in use, and the U.S. automobile industry produced over 90% of them. At that time, the U.S. had one car per 4.87 persons. After 1945, the U.S. produced about 75 percent of world's auto production. In 1980, the U.S. was overtaken by Japan and then became a world leader again in 1994. In 2006, Japan narrowly passed the U.S. in production and held this rank until 2009, when China took the top spot with 13.8 million units. With 19.3 million units manufactured in 2012, China almost doubled the U.S. production of 10.3 million units, while Japan was in third place with 9.9 million units.
From 1970 (140 models) over 1998 (260 models) to 2012 (684 models), the number of automobile models in the U.S. has grown exponentially.
Early car manufacturing involved manual assembly by a human worker. The process evolved from engineers working on a stationary car, to a conveyor belt system where the car passed through multiple stations of more specialized engineers. Starting in the 1960s, robotic equipment was introduced to the process, and today most cars are produced largely with automated machinery.
Safety
Safety is a state that implies being protected from any risk, danger, damage, or cause of injury. In the automotive industry, safety means that users, operators, or
manufacturers
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range ...
do not face any risk or danger coming from the motor vehicle or its spare parts. Safety for the automobiles themselves implies that there is no risk of damage.
Safety in the automotive industry is particularly important and therefore highly regulated.
Automobiles
A car or automobile is a motor vehicle with wheels. Most definitions of ''cars'' say that they run primarily on roads, seat one to eight people, have four wheels, and mainly transport people instead of goods.
The year 1886 is regarded as ...
and other
motor vehicles
A motor vehicle, also known as motorized vehicle or automotive vehicle, is a self-propelled land vehicle, commonly wheeled, that does not operate on Track (rail transport), rails (such as trains or trams) and is used for the transportation of pe ...
have to comply with a certain number of regulations, whether local or international, in order to be accepted on the market. The standard
ISO 26262
ISO 26262, titled "Road vehicles – Functional safety", is an international standard for functional safety of electrical and/or electronic systems that are installed in serial production road vehicles (excluding mopeds), defined by the Interna ...
, is considered one of the best practice frameworks for achieving automotive
functional safety Functional safety is the part of the overall safety of a system or piece of equipment that depends on automatic protection operating correctly in response to its inputs or failure in a predictable manner (fail-safe). The automatic protection system ...
.
In case of safety issues, danger,
product defect A product defect is any characteristic of a product which hinders its usability for the purpose for which it was designed and manufactured.
Product defects arise most prominently in legal contexts regarding product safety, where the term is applie ...
, or faulty procedure during the manufacturing of the motor vehicle, the maker can request to return either a batch or the entire production run. This procedure is called
product recall
A product recall is a request from a manufacturer to return a product after the discovery of safety issues or product defects that might endanger the consumer or put the maker/seller at risk of legal action.
The recall is an effort to limit ruin ...
. Product recalls happen in every industry and can be production-related or stem from raw materials.
Product and operation tests and inspections at different stages of the
value chain
A value chain is a progression of activities that a firm operating in a specific industry performs in order to deliver a valuable product (i.e., good and/or service) to the end customer. The concept comes through business management and was firs ...
are made to avoid these product recalls by ensuring end-user security and safety and compliance with the automotive industry requirements. However, the automotive industry is still particularly concerned about product recalls, which cause considerable financial consequences.
Economy
In 2007, there were about 806 million cars and light trucks on the road, consuming over of
gasoline
Gasoline (; ) or petrol (; ) (see ) is a transparent, petroleum-derived flammable liquid that is used primarily as a fuel in most spark-ignited internal combustion engines (also known as petrol engines). It consists mostly of organic co ...
and
diesel fuel
Diesel fuel , also called diesel oil, is any liquid fuel specifically designed for use in a diesel engine, a type of internal combustion engine in which fuel ignition takes place without a spark as a result of compression of the inlet air and t ...
yearly. The automobile is a primary mode of
transport
Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, an ...
ation for many developed economies. The Detroit branch of
Boston Consulting Group
Boston Consulting Group, Inc. (BCG) is an American global management consulting firm founded in 1963 and headquartered in Boston, Massachusetts. It is one of the Big Three (or MBB, the world’s three largest management consulting firms by rev ...
predicted that, by 2014, one-third of world demand would be in the four
BRIC
BRIC is a grouping acronym referring to the developing countries of Brazil, Russia, India, and China, which are identified as rising economic powers. It is typically rendered as "the BRIC," "the BRIC countries," "the BRIC economies," or alte ...
markets (Brazil, Russia, India, and China). Meanwhile, in developed countries, the automotive industry has slowed.
It is also expected that this trend will continue, especially as the younger generations of people (in highly urbanized countries) no longer want to own a car anymore, and prefer other modes of transport. Other potentially powerful automotive markets are
Iran
Iran, officially the Islamic Republic of Iran, and also called Persia, is a country located in Western Asia. It is bordered by Iraq and Turkey to the west, by Azerbaijan and Armenia to the northwest, by the Caspian Sea and Turkmeni ...
and
Indonesia
Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guine ...
.
Emerging automobile markets already buy more cars than established markets.
According to a J.D. Power study, emerging markets accounted for 51 percent of the global
light-vehicle sales in 2010. The study, performed in 2010 expected this trend to accelerate. However, more recent reports (2012) confirmed the opposite; namely that the automotive industry was slowing down even in BRIC countries.
In the United States, vehicle sales peaked in 2000, at 17.8 million units.
In July 2021, the European Commission released its "
Fit for 55
Fit for 55 is a package by the European Union designed to reduce the European Union's greenhouse gas emissions by 55% by 2030. The package was proposed in July 2021 by the European Commission. Under an accelerated legislative process, the plans m ...
" legislation package, which contains important guidelines for the future of the automotive industry; all new cars on the European market must be
zero-emission vehicles Zero emission refers to an engine, electric motor, motor, process, or other energy source, that emits no waste products that pollute the environment or disrupt the climate.
Zero emission engines
Vehicles and other mobile machinery used for transpor ...
from 2035.
The governments of 24 developed countries and a group of major car manufacturers including
GM,
Ford
Ford commonly refers to:
* Ford Motor Company, an automobile manufacturer founded by Henry Ford
* Ford (crossing), a shallow crossing on a river
Ford may also refer to:
Ford Motor Company
* Henry Ford, founder of the Ford Motor Company
* Ford F ...
,
Volvo
The Volvo Group ( sv, Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distributio ...
,
BYD Auto
BYD Auto Co., Ltd. ("Build Your Dreams") is the automotive subsidiary of the publicly-listed Chinese multinational manufacturer BYD Company, headquartered in Xi'an, Shaanxi Province, China. It was founded in January 2003, following BYD Compa ...
,
Jaguar Land Rover
Jaguar Land Rover Automotive PLC is the holding company of Jaguar Land Rover Limited (also known as JLR), and is a British multinational automobile manufacturer which produces luxury vehicles and sport utility vehicles. Jaguar Land Rover is a ...
and
Mercedes-Benz
Mercedes-Benz (), commonly referred to as Mercedes and sometimes as Benz, is a German luxury and commercial vehicle automotive brand established in 1926. Mercedes-Benz AG (a Mercedes-Benz Group subsidiary established in 2019) is headquartere ...
committed to "work towards all sales of new cars and vans being zero emission globally by 2040, and by no later than 2035 in leading markets". Major car manufacturing nations like the US, Germany, China, Japan and South Korea, as well as
Volkswagen
Volkswagen (),English: , . abbreviated as VW (), is a German Automotive industry, motor vehicle manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. Founded in 1937 by the German Labour Front under the Nazi Party and revived into a ...
,
Toyota
is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on . Toyota is one of the largest automobile manufacturers in the world, producing about 10 ...
,
Peugeot
Peugeot (, , ) is a French brand of automobiles owned by Stellantis.
The family business that preceded the current Peugeot companies was founded in 1810, with a steel foundry that soon started making hand tools and kitchen equipment, and the ...
,
Honda
is a Japanese public multinational conglomerate manufacturer of automobiles, motorcycles, and power equipment, headquartered in Minato, Tokyo, Japan.
Honda has been the world's largest motorcycle manufacturer since 1959, reaching a product ...
,
Nissan
, trade name, trading as Nissan Motor Corporation and often shortened to Nissan, is a Japanese multinational corporation, multinational Automotive industry, automobile manufacturer headquartered in Nishi-ku, Yokohama, Japan. The company sells ...
and
Hyundai Hyundai is a South Korean industrial conglomerate ("chaebol"), which was restructured into the following groups:
* Hyundai Group, parts of the former conglomerate which have not been divested
** Hyundai Mobis, Korean car parts company
** Hyundai ...
, did not pledge.
Environmental impacts
The global automotive industry is a major consumer of water. Some estimates surpass of water per car manufactured, depending on whether tyre production is included. Production processes that use a significant volume of water include surface treatment, painting, coating, washing, cooling, air-conditioning, and boilers, not counting component manufacturing. Paintshop operations consume especially large amounts of water because equipment running on water-based products must also be cleaned with water.
In 2022, Tesla's
Gigafactory Berlin-Brandenburg
Gigafactory Berlin-Brandenburg (also known as Giga Berlin or Gigafactory 4) is a manufacturing plant for Tesla, Inc. in Grünheide, Brandenburg, Germany.
The campus is located south-east of central Berlin and some southeast of the Berlin ...
ran into legal challenges due to droughts and falling groundwater levels in the region. Brandenburg's Economy Minister Joerg Steinbach said that while water supply was sufficient during the first stage, more would be needed once Tesla expands the site. The factory would nearly double the water consumption in the Gruenheide area, with 1.4 million cubic meters being contracted from local authorities per year — enough for a city of around 40,000 people. Steinbach said that the authorities would like to drill for more water there and outsource any additional supply if necessary.
World motor vehicle production
By year
[
]
fro
Harvard Atlas of Economic Complexity
By country
The OICA
The International Organization of Motor Vehicle Manufacturers (OICA; french: Organisation internationale des constructeurs automobiles), founded 1919 in Paris, is an international trade association whose members are 39 national automotive industry ...
counts over 50 countries that assemble, manufacture, or disseminate automobiles. Of those, only 14 countries (boldfaced in the list below) currently possess the capability to design original production automobiles from the ground up.
By manufacturer
These were the 15 largest manufacturers by production volume in 2017, according to OICA.[OICA: World Ranking of Manufacturers]
/ref>
Notable company relationships
Stake holding
It is common for automobile manufacturers to hold stakes in other automobile manufacturers. These ownerships can be explored under the detail for the individual companies.
Notable current relationships include:
*Daihatsu
, commonly known as Daihatsu, is a Japanese automobile manufacturer and one of the oldest surviving Japanese internal combustion engine manufacturers. The company's headquarters are located in Ikeda, Osaka Prefecture.
Historically, Daihatsu was ...
holds a 25% stake in Perodua
The (''Second Automobile Manufacturer Private Limited''), usually abbreviated to Perodua (), is Malaysia's largest car manufacturer,
followed by PROTON Holdings, Proton.
History
It was established in 1992 and launched its first car, the Pe ...
.
*Daimler
Daimler is a German surname. It may refer to:
People
* Gottlieb Daimler (1834–1900), German inventor, industrialist and namesake of a series of automobile companies
* Adolf Daimler (1871–1913), engineer and son of Gottlieb Daimler
* Paul Da ...
holds a 10.0% stake in KAMAZ.
* Daimler holds an 89.29% stake in .
* Daimler holds a 3.1% in the Renault-Nissan Alliance, while Renault-Nissan Alliance holds a 3.1% share in Daimler AG
The Mercedes-Benz Group AG (previously named Daimler-Benz, DaimlerChrysler and Daimler) is a German multinational automotive corporation headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacture ...
.
* Daimler holds a 12% stake in BAIC Group
Beijing Automotive Group Co., Ltd. (BAIC) is a Chinese state-owned automobile manufacturer headquartered in Shunyi, Beijing. Founded in 1958, it is the sixth largest automobile manufacturer in China, with 1.723 million sales in 2021.
The com ...
, while BAIC Group
Beijing Automotive Group Co., Ltd. (BAIC) is a Chinese state-owned automobile manufacturer headquartered in Shunyi, Beijing. Founded in 1958, it is the sixth largest automobile manufacturer in China, with 1.723 million sales in 2021.
The com ...
holds 5% stake in Daimler.
* Daimler holds an 85% stake in Master Motors
Master Motors ( ur, ) is a Pakistani bus and truck manufacturer, based in Karachi, Pakistan since 2002. Master Motors is the authorized assembler and manufacturer of Changan, Daimler Fuso, Foton, Iveco Trucks & Yutong vehicles in Pakistan.
Ma ...
.
* Dongfeng Motor
Dongfeng Motor Corporation Ltd. is a Chinese state-owned automobile manufacturer headquartered in Wuhan, Hubei. Founded in 1969, it is currently the third largest of the " Big Four" state-owned car manufacturers of China, namely: SAIC Motor, FAW ...
holds a 12.23% stake and a 19.94% exercisable voting rights in PSA Groupe.
* FAW Group
China FAW Group Corp., Ltd. (First Automobile Works) is a Chinese state-owned automobile manufacturer headquartered in Changchun, Jilin. owns 49% of Haima Automobile
FAW Haima Automobile Co., Ltd., doing business as, trading as Haima, is a Chinese Automotive industry, automotive manufacturing company based in Haikou, Hainan and a subsidiary of FAW Group. Its principal activity is production of passenger cars f ...
.
* FCA FCA may refer to:
Arts
* Federation of Canadian Artists
* Foundation for Contemporary Art, in Ghana
* Foundation for Contemporary Arts, in the United States
Business and economics
* False Claims Act, a United States federal law
* Federal Cus ...
holds a 10% stake in Ferrari
Ferrari S.p.A. (; ) is an Italian luxury sports car manufacturer based in Maranello, Italy. Founded by Enzo Ferrari (1898–1988) in 1939 from the Alfa Romeo racing division as ''Auto Avio Costruzioni'', the company built its first car in ...
.
* FCA holds a 67% stake in Fiat Automobili Srbija
Fiat Serbia., name=FS — formerly "FIAT Automobiles Serbia"., name=FAS (FAS) from 2008 to 2014, then
"FCA Serbia"., name=FCAS (FCAS) until 2021 — is a Serbian automotive manufacturing company based in Kragujevac, Serbia. It is a joint v ...
.
* FCA holds 37.8% of Tofaş
Tofaş (acronym for ''Türk Otomobil Fabrikası Anonim Şirketi''; ''Turkish Automobile Factory Joint-Stock Company'' pronounced ) is a Turkish automobile manufacturer which was established in 1968 by Vehbi Koç, who was the founder of Koç Hold ...
with another 37.8% owned by Koç Holding
Koç Holding A.Ş. () is the largest industrial conglomerate in Turkey, and the only company in the country to be listed on the Fortune Global 500 as of 2016. The company, headquartered in Nakkaştepe, Istanbul, is controlled by the Koç family, ...
.
* Fiat Automobili Srbija
Fiat Serbia., name=FS — formerly "FIAT Automobiles Serbia"., name=FAS (FAS) from 2008 to 2014, then
"FCA Serbia"., name=FCAS (FCAS) until 2021 — is a Serbian automotive manufacturing company based in Kragujevac, Serbia. It is a joint v ...
owns a 54% stake in Zastava Trucks
Zastava Trucks ( sr, Застава Камиони ) is a Serbian truck manufacturer based in the city of Kragujevac, Serbia. It is a subsidiary of Group Zastava Vehicles which declared bankruptcy in May 2017. In September 2017, the Government of ...
.
* Fiat Industrial
CNH Industrial N.V. is an Italian-American multinational corporation with global headquarters in Basildon, United Kingdom, but controlled and mostly owned by the multinational investment company Exor, which in turn is controlled by the Agnelli ...
owns a 46% stake in Zastava Trucks
Zastava Trucks ( sr, Застава Камиони ) is a Serbian truck manufacturer based in the city of Kragujevac, Serbia. It is a subsidiary of Group Zastava Vehicles which declared bankruptcy in May 2017. In September 2017, the Government of ...
.
* Fujian Motors Group
The Fujian Motors Group is based in the Fujian Province, China and was founded in 1992.
Group companies include Fujian Benz (50% joint venture with Daimler AG), Soueast Motors (50%), King Long (a bus manufacturer) (15%) and Higer Bus.
Brands Fu ...
holds a 15% stake in King Long
King Long United Automotive Industry Co., Ltd () or commonly known as King Long (, literally, ''Golden Dragon'') is a Chinese bus manufacturer headquartered in Xiamen, Fujian. Founded in December 1988, it is focused mainly on developing, manufac ...
. FMG, Beijing Automotive Group, China Motor, and Daimler has a joint venture called Fujian Benz
Fujian Benz Automotive Co., Ltd., formerly Fujian Daimler Automotive Co., Ltd., is a light commercial vehicle manufacturing company based in Fuzhou, and a joint venture between Daimler Vans Hong Kong Limited (a joint venture of the Mercedes-Benz Gr ...
. FMG, China Motor, and Mitsubishi Motors has a joint venture called Soueast
South East (Fujian) Motor Co., Ltd., trading as Soueast, is a Chinese automobile manufacturer based in Fuzhou, Fujian, and a joint venture between China Motor Corporation (25%), Fujian Motor Industry Group (50%) and Mitsubishi Motors (25%). , FMG holds a 50% stake, and both China Motor and Mitsubishi Motors holds an equal 25% stake.
* Geely Automobile
Geely Auto is the primary car marque of Chinese group Geely. Listed as Geely Automobile Holdings Ltd. on the Hong Kong Stock Exchange and controlled through holdings in Zhejiang Geely Holding Group, Geely Auto is ZGH's mainstream brand primarily s ...
holds a 23% stake in The London Taxi Company
The London Taxi Company was a taxi design and manufacturing company based in Coventry, England. It formerly traded as London Taxis International and Carbodies.
It operated a coachbuilding business on Holyhead Road, Coventry. After half a c ...
.
* Geely Automobile holds a 49.9% stake in PROTON Holdings
Proton Holdings Berhad (PHB; informally Proton) is a Malaysian automotive company and automobile corporation active in automobile design, manufacturing, distribution and sales. Proton was established in 1985 as Malaysia's sole national badged ...
and a 51% stake in Lotus Cars
Lotus Cars Limited is a British automotive company headquartered in Norfolk, England which manufactures sports cars and racing cars noted for their light weight and fine handling characteristics.
Lotus was previously involved in Formula One r ...
.
* Geely Holding Group
Zhejiang Geely Holding Group Co., Ltd (ZGH), commonly known as Geely (吉利 "auspicious"), is a Chinese multinational automotive company headquartered in Hangzhou, Zhejiang. The company is privately held by Chinese billionaire entrepreneur ...
holds a 9.69% stake in Daimler AG
The Mercedes-Benz Group AG (previously named Daimler-Benz, DaimlerChrysler and Daimler) is a German multinational automotive corporation headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacture ...
.
* Geely Holding Group holds an 8.3% stake and a 15.9% exercisable voting rights in Volvo
The Volvo Group ( sv, Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distributio ...
.
*General Motors
The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and ...
holds a 93% stake in GM India and SAIC Group
SAIC Motor Corp., Ltd. (formerly Shanghai Automotive Industry Corporation) is a Chinese state-owned automobile manufacturer headquartered in Anting, Shanghai. Founded in 1955, it is currently the largest of the " Big Four" state-owned car manu ...
holds a 7% stake.
* General Motors
The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and ...
holds a 48.19% stake in GM Korea
GM Korea Company ( ko, 한국지엠주식회사) is the South Korean subsidiary of multinational corporation General Motors. GMK is also the third largest automobile manufacturer in South Korea. GM Korea's roots go back to the former Daewoo Motors ...
.
* General Motors holds a 20% stake in Industries Mécaniques Maghrébines
The Industries Mécaniques Maghrébines S.A. (IMM) are a Tunisian car manufacturer headquartered in the city of Kairouan. The company was founded in 1982 by GM and other investors and closed for the first time in 1988; the plant was reopened in 199 ...
.
* Isuzu owns 10% of Industries Mécaniques Maghrébines.
* Marcopolo
Thor (previously known as Marcopolo) is a family of satellites designed, launched and tested by Hughes Space and Communications (now part of Boeing Satellite Systems) for British Satellite Broadcasting (BSB), and were used for Britain's Direct ...
owns 19% of New Flyer Industries
New Flyer is a Canadian multinational bus manufacturer, specializing in the production of transit buses. New Flyer is owned by the NFI Group, a holding company for several bus manufacturers. New Flyer has several manufacturing facilities in Cana ...
.
* Mitsubishi Group
The is a group of autonomous Japanese multinational companies in a variety of industries.
Founded by Yatarō Iwasaki in 1870, the Mitsubishi Group historically descended from the Mitsubishi zaibatsu, a unified company which existed from 1870 ...
holds 20% of Mitsubishi Motors
is a Japanese multinational automobile manufacturer headquartered in Minato, Tokyo, Japan.[Nissan
, trade name, trading as Nissan Motor Corporation and often shortened to Nissan, is a Japanese multinational corporation, multinational Automotive industry, automobile manufacturer headquartered in Nishi-ku, Yokohama, Japan. The company sells ...](_blank)
owns 34% of Mitsubishi Motors
is a Japanese multinational automobile manufacturer headquartered in Minato, Tokyo, Japan.[Nissan Shatai
Nissan Shatai Co., Ltd. is a Japanese automobile contract manufacturer for Nissan that is headquartered in Hiratsuka, Kanagawa. Its direct history began in 1949. , Nissan owns 45.8% of the company stock.
It has offices around Japan and assemb ...](_blank)
.
* Porsche Automobil Holding SE
Porsche Automobil Holding SE, usually shortened to Porsche SE (), is a German multinational corporation primarily known as a holding company of Volkswagen Group with investments in the automotive industry. Porsche SE is headquartered in Zuffenh ...
has a 50.74% voting stake in Volkswagen Group
Volkswagen AG (), known internationally as the Volkswagen Group, is a German multinational automotive manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. The company designs, manufactures and distributes passenger and commercial ...
. The Porsche automotive business is fully owned by the Volkswagen Group.
* Renault
Groupe Renault ( , , , also known as the Renault Group in English; legally Renault S.A.) is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans, and in the past has manufactured ...
and Nissan Motors
, trading as Nissan Motor Corporation and often shortened to Nissan, is a Japanese multinational automobile manufacturer headquartered in Nishi-ku, Yokohama, Japan. The company sells its vehicles under the Nissan, Infiniti, and Datsun brands, ...
have an alliance ( Renault-Nissan Alliance) involving two global companies linked by cross-shareholding, with Renault holding 43.4% of Nissan shares, and Nissan holding 15% of (non-voting) Renault shares.
* Renault holds a 25% stake in AvtoVAZ
AvtoVAZ ( rus, АвтоВАЗ, p=ɐftoˈvas) is a Russian automobile manufacturing company owned by the state. It was formerly named as VAZ ( rus, ВАЗ), an acronym for Volga Automotive Plant in Russian (russian: Во́лжский автомо ...
* Renault holds an 80.1% stake in Renault Samsung
Renault Korea Motors ( ko, 르노코리아자동차), is a South Korean car manufacturer headquartered in Busan where its single assembly site is also located, with additional facilities at Seoul (administration), Giheung (research and develop ...
.
* SAIPA
SAIPA ( fa, سایپا, ''SAIPA'') is an Iranian automaker headquartered in Tehran. The SAIPAC (an acronym for the French ''Société anonyme iranienne de production des automobiles Citroën'') was established in 1965 as with 75% Iranian ownersh ...
holds a 51% stake in Pars Khodro
Pars Khodro ( fa, Pārs Xodro) is an Iranian automobile manufacturer. It was the first manufacturer of sport utility vehicles (SUVs) in Iran.
History
Formerly, Pars Khodro built American Motors' Rambler and General Motors (GM) products under licen ...
.
*Tata Motors
Tata Motors Limited is an Indian multinational automotive manufacturing company, headquartered in Mumbai, India, which is part of the Tata Group. The company produces passenger cars, trucks, vans, coaches, buses.
Formerly known as Tata En ...
holds a 100% stake in Jaguar Land Rover
Jaguar Land Rover Automotive PLC is the holding company of Jaguar Land Rover Limited (also known as JLR), and is a British multinational automobile manufacturer which produces luxury vehicles and sport utility vehicles. Jaguar Land Rover is a ...
.
* Toyota
is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on . Toyota is one of the largest automobile manufacturers in the world, producing about 10 ...
holds a 100% stake in Daihatsu
, commonly known as Daihatsu, is a Japanese automobile manufacturer and one of the oldest surviving Japanese internal combustion engine manufacturers. The company's headquarters are located in Ikeda, Osaka Prefecture.
Historically, Daihatsu was ...
.
* Toyota holds a 100% stake in Hino
Hino may refer to:
Places Estonia
* Hino, Põlva County
* Hino, Võru County
** Lake Hino
Japan
* Hino, Shiga
* Hino, Tokyo
* Hino, Tottori
** Hino District, Tottori
** Hino River
Transportation
* Hino Motors, a Japanese truck manufacturer o ...
.
*Toyota holds a 4.6% stake in Isuzu.
*Toyota holds a 5.05% stake in Mazda
, commonly referred to as simply Mazda, is a Japanese multinational automotive manufacturer headquartered in Fuchū, Hiroshima, Japan.
In 2015, Mazda produced 1.5 million vehicles for global sales, the majority of which (nearly one m ...
, while Mazda holds 0.25% stake in Toyota.
* Toyota holds a 16.7% stake in Subaru Corporation
is a Japanese multinational corporation and conglomerate primarily involved in both terrestrial and aerospace transportation manufacturing. It is best known for its line of Subaru automobiles. Founded in 1953, the company was formerly named ( ...
, parent company of Subaru
( or ; ) is the automaker, automobile manufacturing division of Japanese transportation conglomerate (company), conglomerate Subaru Corporation (formerly known as Fuji Heavy Industries), the Automotive industry#By manufacturer, twenty-first ...
.
* Toyota holds a 4.94% stake in Suzuki
is a Japan, Japanese multinational corporation headquartered in Minami-ku, Hamamatsu, Japan. Suzuki manufactures automobiles, motorcycles, All-terrain vehicle, all-terrain vehicles (ATVs), outboard motor, outboard marine engines, wheelchairs ...
, while Suzuki holds 0.2% stake in Toyota.
* Volkswagen Group
Volkswagen AG (), known internationally as the Volkswagen Group, is a German multinational automotive manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. The company designs, manufactures and distributes passenger and commercial ...
holds a 99.55% stake in the Audi Group.
* Volkswagen Group holds a 37.73% stake in Scania
Scania, also known by its native name of Skåne (, ), is the southernmost of the historical provinces of Sweden, provinces (''landskap'') of Sweden. Located in the south tip of the geographical region of Götaland, the province is roughly conte ...
(68.6% voting rights), a 53.7% stake in MAN SE
MAN SE (abbreviation of ''Maschinenfabrik Augsburg-Nürnberg'', ) was a manufacturing and engineering company based in Munich, Germany. Its primary output was commercial vehicles and diesel engines through its MAN Truck & Bus and MAN Latin Ame ...
(55.9% voting rights). Volkswagen is integrating Scania, MAN, and its own truck division into one division.
* Paccar
Paccar Inc is an American ''Fortune'' 500 company and counts among the largest manufacturers of medium- and heavy-duty trucks in the world, and has substantial manufacturing in light and medium vehicles through its various subsidiaries. It was o ...
has a 19% stake in Tatra.
* ZAP holds a 51% stake in Zhejiang Jonway.
Joint ventures
China joint venture
* Beijing Automotive Group
Beijing Automotive Group Co., Ltd. (BAIC) is a Chinese state-owned automobile manufacturer headquartered in Shunyi, Beijing. Founded in 1958, it is the sixth largest automobile manufacturer in China, with 1.723 million sales in 2021.
The comp ...
has a joint venture with Daimler
Daimler is a German surname. It may refer to:
People
* Gottlieb Daimler (1834–1900), German inventor, industrialist and namesake of a series of automobile companies
* Adolf Daimler (1871–1913), engineer and son of Gottlieb Daimler
* Paul Da ...
called Beijing Benz
Beijing Benz (officially Beijing Benz Automotive Co., Ltd) is an automotive manufacturing company headquartered in Beijing, China, and a joint venture between BAIC Motor and Mercedes-Benz Group.
It was originally established in January 1984 as ...
, both companies hold a 50-50% stake. both companies also have a joint venture called Beijing Foton Daimler Automobile.
* Beijing Automotive Group also has a joint venture with Hyundai Hyundai is a South Korean industrial conglomerate ("chaebol"), which was restructured into the following groups:
* Hyundai Group, parts of the former conglomerate which have not been divested
** Hyundai Mobis, Korean car parts company
** Hyundai ...
called Beijing Hyundai
Beijing Hyundai Motor Co., Ltd. is an automobile manufacturing company headquartered in Shunyi, Beijing, China, and a joint-venture between BAIC Motor and Hyundai Motor Company. Established in 2002, it manufactures in Shunyi District, a satelli ...
, both companies hold a 50-50% stake.
* BMW and Brilliance have a joint venture called BMW Brilliance
BMW Brilliance (officially BMW Brilliance Automotive Ltd.) is an automobile manufacturing company headquartered in Shenyang, China and a joint venture between BMW (as majority holder) and Brilliance Auto. Its principal activity is the production ...
. BMW owns a 50% stake, Brilliance owns a 40.5% stake, and the Shenyang municipal government owns a 9.5% stake.
* Changan Automobile
Chang'an Automobile Co., Ltd. is a Chinese state-owned automobile manufacturer headquartered in Jiangbei, Chongqing.[Groupe PSA
The PSA Group (), legally known as Peugeot S.A. (Peugeot Société Anonyme, trading as Groupe PSA; formerly known as PSA Peugeot Citroën from 1991 to 2016) was a French multinational automotive manufacturing company which produced automobiles ...]
(Changan PSA
Changan PSA (officially Changan PSA Automobiles Co., Ltd., informally CAPSA) was an automobile company headquartered in Shenzhen, China, a 50:50 joint venture between Changan Automobile and Groupe PSA. Its principal activity was the manufacture and ...
), and both hold a 50-50% stake.
* Changan Automobile has a joint venture with Suzuki
is a Japan, Japanese multinational corporation headquartered in Minami-ku, Hamamatsu, Japan. Suzuki manufactures automobiles, motorcycles, All-terrain vehicle, all-terrain vehicles (ATVs), outboard motor, outboard marine engines, wheelchairs ...
(Changan Suzuki
Changan Suzuki (officially Changan Suzuki Automobile Co., Ltd.) was an automobile manufacturing company headquartered in Chongqing, China and a joint-venture between Chang'an Automobile Group and Suzuki. Chang'an began assembling subcompact commerc ...
), and both hold a 50-50% stake.
* Changan Automobile has a 50-50% joint venture with Mazda
, commonly referred to as simply Mazda, is a Japanese multinational automotive manufacturer headquartered in Fuchū, Hiroshima, Japan.
In 2015, Mazda produced 1.5 million vehicles for global sales, the majority of which (nearly one m ...
(Changan Mazda
Changan Mazda (officially Changan Mazda Automobile Co., Ltd.) is an automotive manufacturing company headquartered in Nanjing, China and a 50:50 joint venture between Changan Automobile and Mazda. The company's principal activity is the manufactur ...
).
* Changan Automobile and Ford
Ford commonly refers to:
* Ford Motor Company, an automobile manufacturer founded by Henry Ford
* Ford (crossing), a shallow crossing on a river
Ford may also refer to:
Ford Motor Company
* Henry Ford, founder of the Ford Motor Company
* Ford F ...
have a 50-50% joint venture called Changan Ford
Changan Ford (; full name Changan Ford Automobile Co., Ltd.) is a Chinese automotive manufacturing company headquartered in Chongqing. It is a 50/50 joint venture between local Changan Automobile and US-based Ford Motor Company. The company's pri ...
.
* Changan Automobile and JMCG
Jiangling Motors Corporation Group Co., Ltd. (JMCG) is a Chinese state-owned holding mostly operating in the automotive industry. It was established in 1947 and is headquartered in Nanchang, Jiangxi.
JMCG has various production facilities and, ...
have a joint venture called Jiangling Motor Holding
Jiangling Holdings, also translated as Jiangling Motor Holding (JMH), is the name of two successive Jiangxi-based Chinese joint ventures focused on the automotive industry. The present Jiangling Holdings, established in June 2019 as a successor of ...
.
* Chery
Chery Automobile Co. Ltd., trading as Chery and sometimes known by the pinyin transcription of its Chinese name, ''Qirui'' (), is a Chinese state-owned automobile manufacturer headquartered in Wuhu, Anhui, China. Founded in 1997, it is curre ...
has a joint venture with Jaguar Land Rover
Jaguar Land Rover Automotive PLC is the holding company of Jaguar Land Rover Limited (also known as JLR), and is a British multinational automobile manufacturer which produces luxury vehicles and sport utility vehicles. Jaguar Land Rover is a ...
called Chery Jaguar Land Rover
Chery Jaguar Land Rover (officially Chery Jaguar Land Rover Automotive Company Ltd.) is an automotive manufacturing company headquartered in Changshu, China.
A 50:50 joint venture between UK-headquartered Jaguar Land Rover, itself a subsidiar ...
, both companies hold a 50-50% stake.
* Chery and Israel Corporation
Israel Corporation ( he, החברה לישראל) (also Israel Corp) is Israel's largest holding company. It was founded in 1968 by the Government of the State of Israel.
50% of its manufacturing activities and 70% of its consolidated revenues ...
have a joint venture called Qoros
Qoros Auto Co., Ltd. was a Chinese automotive manufacturing company headquartered in Shanghai, China. Its principal activity was the design, development, production and sale of passenger cars sold under the Qoros marque.
It was founded as a jo ...
, and both companies hold a 50-50% stake.
* Dongfeng Motor
Dongfeng Motor Corporation Ltd. is a Chinese state-owned automobile manufacturer headquartered in Wuhan, Hubei. Founded in 1969, it is currently the third largest of the " Big Four" state-owned car manufacturers of China, namely: SAIC Motor, FAW ...
and Nissan
, trade name, trading as Nissan Motor Corporation and often shortened to Nissan, is a Japanese multinational corporation, multinational Automotive industry, automobile manufacturer headquartered in Nishi-ku, Yokohama, Japan. The company sells ...
have a 50-50% joint venture called Dongfeng Motor Company
Dongfeng Motor Company Limited (abb. DFL), most commonly known in English-language sources as Dongfeng Nissan,In Chinese sources, () most commonly refers to Dongfeng Nissan Passenger Vehicle Company, a DFL subsidiary. is a Chinese automobile m ...
.
* Daimler AG
The Mercedes-Benz Group AG (previously named Daimler-Benz, DaimlerChrysler and Daimler) is a German multinational automotive corporation headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacture ...
and BYD Auto
BYD Auto Co., Ltd. ("Build Your Dreams") is the automotive subsidiary of the publicly-listed Chinese multinational manufacturer BYD Company, headquartered in Xi'an, Shaanxi Province, China. It was founded in January 2003, following BYD Compa ...
have a joint venture called Denza
Shenzhen BYD New Energy Co., Ltd., trading as Denza, is an automobile manufacturing company headquartered in Shenzhen, China, specialising in luxury electric cars and an equally owned joint venture between BYD and the Mercedes-Benz Group. Found ...
, both companies hold a 50-50% stake.
* Daimler AG and Geely Holding Group
Zhejiang Geely Holding Group Co., Ltd (ZGH), commonly known as Geely (吉利 "auspicious"), is a Chinese multinational automotive company headquartered in Hangzhou, Zhejiang. The company is privately held by Chinese billionaire entrepreneur ...
have a joint venture called smart Automobile
Smart (stylized as smart) is a German automotive brand, marque. Smart Automobile Co., Ltd. is a joint venture established by Mercedes-Benz AG and Geely, Zhejiang Geely Holding Group in 2019 and aimed at producing Smart-badged cars in China to be ...
, both companies hold a 50-50% stake.
* Dongfeng Motor and PSA Group
The PSA Group (), legally known as Peugeot S.A. (Peugeot Société Anonyme, trading as Groupe PSA; formerly known as PSA Peugeot Citroën from 1991 to 2016) was a French multinational automotive manufacturing company which produced automobiles ...
have a 50-50% joint venture called Dongfeng Peugeot-Citroën
Dongfeng Peugeot-Citroën, formerly Dongfeng Peugeot-Citroën Automobile Co., Ltd. (DPCA) from 1992 to 2021, is an equally owned Chinese joint venture between the automobile manufacturers Dongfeng Motor Corporation and Stellantis (known as PSA P ...
.
* Dongfeng Motor has a 50-50% joint venture with Honda
is a Japanese public multinational conglomerate manufacturer of automobiles, motorcycles, and power equipment, headquartered in Minato, Tokyo, Japan.
Honda has been the world's largest motorcycle manufacturer since 1959, reaching a product ...
called Dongfeng Honda
Dongfeng Honda Automobile Co., Ltd. is an automobile manufacturing company headquartered in Wuhan, China, and a 50:50 joint-venture between Dongfeng Motor Group and Honda Motor Company. It currently produces a variety of Honda models also ava ...
.
* Dongfeng Motor has a joint venture with AB Volvo
The Volvo Group ( sv, Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distributi ...
called Dongfeng Nissan-Diesel.
* Dongfeng Motor has a 50-50% joint venture with Renault
Groupe Renault ( , , , also known as the Renault Group in English; legally Renault S.A.) is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans, and in the past has manufactured ...
named Dongfeng Renault
Dongfeng Renault Automobile Company (DRAC) or Dongfeng Renault was an equally owned Chinese joint venture between car manufacturers Dongfeng Motor Group and Renault aimed to produce and sell Renault-badged vehicles, established in 2013. The joint ...
in Wuhan
Wuhan (, ; ; ) is the capital of Hubei, Hubei Province in the China, People's Republic of China. It is the largest city in Hubei and the most populous city in Central China, with a population of over eleven million, the List of cities in China ...
, which was founded in the end of 2013
* FAW Group
China FAW Group Corp., Ltd. (First Automobile Works) is a Chinese state-owned automobile manufacturer headquartered in Changchun, Jilin. and General Motors
The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and ...
has a 50-50 joint venture called FAW-GM
FAW-GM Light Duty Commercial Vehicle (FAW-GM) is a commercial vehicle manufacturing company headquartered in Changchun, China, and a 50:50 joint venture between FAW Group and General Motors. It was founded in 2009 and its activities include the Har ...
.
* FAW Group has a 50-50 joint venture with Volkswagen Group
Volkswagen AG (), known internationally as the Volkswagen Group, is a German multinational automotive manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. The company designs, manufactures and distributes passenger and commercial ...
called FAW-Volkswagen
FAW-Volkswagen Automobile Co., Ltd. is a joint venture between FAW Group and Volkswagen Group which manufactures Audi and Volkswagen marque passenger cars for sale in China. It was founded on 6 February 1991.
FAW-VW is headquartered in the so ...
.
* FAW Group has a 50-50 joint venture with Toyota
is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on . Toyota is one of the largest automobile manufacturers in the world, producing about 10 ...
called Sichuan FAW Toyota Motor
Tianjin FAW Toyota Motor Co., Ltd. (TFTM) () is an automobile manufacturing company based in Xiqing District, Tianjin, China. It is a manufacturing and supervising affiliate of the joint venture between Toyota Motor Company and First Automobile ...
and both companies also have another joint venture called Ranz
Ranz is an automotive marque owned by Tianjin FAW Toyota Motor Co., Ltd. which specialises in electric cars. It was launched in April 2013.
History
The Ranz marque was unveiled in March 2013.
The first Ranz concept car was unveiled to the pub ...
.
* General Motors
The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and ...
and SAIC Motor
SAIC Motor Corp., Ltd. (formerly Shanghai Automotive Industry Corporation) is a Chinese state-owned automobile manufacturer headquartered in Anting, Shanghai. Founded in 1955, it is currently the largest of the " Big Four" state-owned car manu ...
, both have two joint ventures in SAIC-GM
SAIC General Motors Corporation Limited (More commonly known as SAIC-GM; ; formerly known as "Shanghai General Motors Company Ltd", "Shanghai GM"; ) is a joint venture between General Motors, General Motors Company and SAIC Motor that manufacture ...
and SAIC-GM-Wuling
SAIC-GM-Wuling Automobile ( zh, 上汽通用五菱汽车股份有限公司, abbreviated as SGMW) is a joint venture between SAIC Motor, General Motors, and Liuzhou Wuling Motors Co Ltd. Based in Liuzhou, Guangxi Zhuang Autonomous Region, in sout ...
.
* Navistar International
Navistar, Inc is an American holding company created in 1986 as the successor to International Harvester. Navistar operates as the owner of International-branded trucks and diesel engines. The company also produces buses under the IC Bus br ...
and JAC has a joint venture called Anhui Jianghuai Navistar.
Outside China
* Ford
Ford commonly refers to:
* Ford Motor Company, an automobile manufacturer founded by Henry Ford
* Ford (crossing), a shallow crossing on a river
Ford may also refer to:
Ford Motor Company
* Henry Ford, founder of the Ford Motor Company
* Ford F ...
and Navistar International
Navistar, Inc is an American holding company created in 1986 as the successor to International Harvester. Navistar operates as the owner of International-branded trucks and diesel engines. The company also produces buses under the IC Bus br ...
have a 50-50 joint venture called Blue Diamond Truck
Blue is one of the three primary colours in the RYB colour model (traditional colour theory), as well as in the RGB (additive) colour model. It lies between violet and cyan on the spectrum of visible light. The eye perceives blue when ob ...
.
* Ford and Sollers JSC
Sollers, formerly known as OAO Severstal-Auto, is a Russian company holding controlling blocks of shares of OAO Ulyanovsk Automobile Works (UAZ), Zavolzhye Motor Works (ZMZ) and OAO ZMA. The enterprises of Severstal-Auto are well-known automobi ...
have a 50-50 joint venture called Ford Sollers
Ford Sollers was a joint venture between the American car manufacturer Ford and the Russian Sollers established in 2011, and dissolved in 2022. Ford Sollers was responsible for the production, import, and distribution of all Ford brand products, ...
.
* Ford and Koç Holding
Koç Holding A.Ş. () is the largest industrial conglomerate in Turkey, and the only company in the country to be listed on the Fortune Global 500 as of 2016. The company, headquartered in Nakkaştepe, Istanbul, is controlled by the Koç family, ...
have a 50-50 joint venture called Ford Otosan
Ford Otomotiv Sanayi A.Ş. (''Ford Automotive Industry'') is an automotive manufacturing company based in Turkey that is equally owned by Ford Motor Company and Koç Holding. It was established in its current form in 1977, with original relations ...
.
* Ford and Lio Ho Group have a joint venture called Ford Lio Ho
Ford Lio Ho Motor () is a Taiwanese-based automaker and the primary dealer of Ford vehicles in Taiwan, formed in 1972. It is 70 percent owned by Ford Motor Company. The remaining 30 per cent is owned by investors in the former Lio Ho Automotive ...
, Ford owns 70% and Lio Ho Group owns 30%.
* General Motors and UzAvtosanoat have a joint venture called GM Uzbekistan
UzAuto Motors (formerly GM Uzbekistan) is an automotive industry, automotive manufacturer owned by the Government of Uzbekistan. It is based in Asaka, Uzbekistan. It manufactures vehicles under the brand, marques Chevrolet and Ravon, which is Uzbe ...
, UzAvtosanoat owns 75% and General Motors owns 25%.
* General Motors, AvtoVAZ
AvtoVAZ ( rus, АвтоВАЗ, p=ɐftoˈvas) is a Russian automobile manufacturing company owned by the state. It was formerly named as VAZ ( rus, ВАЗ), an acronym for Volga Automotive Plant in Russian (russian: Во́лжский автомо ...
, and EBRD
The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially foc ...
have a joint venture called GM-AvtoVAZ
GM-AvtoVAZ was a Russian joint venture between General Motors and AvtoVAZ set up in 2001. In 2002, it started producing the Chevrolet Niva, based on the Lada Niva, at its Tolyatti plant. Though both companies had an equal share of ownership, the ...
, Both GM and AvtoVAZ owns 41.61% and EBRD owns 16.76%.
* Hyundai Motor Company
Hyundai Motor Company, often abbreviated to Hyundai Motors ( )
and commonly known as Hyundai (, ; ), is a South Korean multinational automotive manufacturer headquartered in Seoul, South Korea, and founded in 1967. Currently, the company o ...
and Kibar Holding
Kibar is a Turkish name. Notable people with this name include:
* Kibar Khalvashi (born 1963), Georgian businessman
* Kibar Tatar (born 1968), Turkish boxer
* Melih Kibar
Melih Kibar (6 September 1951 – 7 April 2005) was a Turkish composer.
...
has a joint venture called Hyundai Assan Otomotiv
The Hyundai Assan Otomotiv San ve Tic. A.Ş. is an automotive company based in Kozyatagi, Istanbul, Turkey, established at the end of 1994, as a joint venture between the Hyundai Motor Company of South Korea and the Kibar Holding of Turkey. It i ...
, Hyundai Hyundai is a South Korean industrial conglomerate ("chaebol"), which was restructured into the following groups:
* Hyundai Group, parts of the former conglomerate which have not been divested
** Hyundai Mobis, Korean car parts company
** Hyundai ...
owns 70% and Kibar Holding
Kibar is a Turkish name. Notable people with this name include:
* Kibar Khalvashi (born 1963), Georgian businessman
* Kibar Tatar (born 1968), Turkish boxer
* Melih Kibar
Melih Kibar (6 September 1951 – 7 April 2005) was a Turkish composer.
...
owns 30%.
* Isuzu and Anadolu Group have a 50-50% joint venture called Anadolu Isuzu
Anadolu Isuzu (officially Anadolu Isuzu Automotive Industry & Trading A.Ş.) is a joint venture company based in Istanbul, Turkey. It is the collaboration between Anadolu Group, Isuzu Motors Co., Ltd., Itochu Co. and HICOM. Its main fields of o ...
.
* Isuzu and General Motors
The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and ...
has a 50-50% joint venture called Isuzu Truck South Africa
Isuzu Motors South Africa (Pty.) Ltd. is an automobile manufacturer with headquarters in Sandton (Johannesburg), South Africa.
Isuzu Truck South Africa was founded in November 2006 with a total investment of 80 million Rand as a joint venture betw ...
.
* Isuzu, Sollers JSC
Sollers, formerly known as OAO Severstal-Auto, is a Russian company holding controlling blocks of shares of OAO Ulyanovsk Automobile Works (UAZ), Zavolzhye Motor Works (ZMZ) and OAO ZMA. The enterprises of Severstal-Auto are well-known automobi ...
, and Imperial Sojitz have a joint venture called Sollers-Isuzu
JSC "ISUZU RUS" (АО ИСУЗУ РУС) is a commercial vehicle manufacturer with headquarters in Ulyanovsk, Russia. The company was founded in 2006 as a joint venture between OAO Sollers, which contributed with a share of 66%, Isuzu, which part ...
, Sollers JSC owns 66%, Isuzu owns 29%, and Imperial Sojitz owns 5%.
* Mahindra & Mahindra
Mahindra & Mahindra Limited (M&M) is an Indian multinational automotive manufacturing corporation headquartered in Mumbai. It was established in 1945 as Mahindra & Mohammed and later renamed as Mahindra & Mahindra. Part of the Mahindra Group, ...
and Navistar International
Navistar, Inc is an American holding company created in 1986 as the successor to International Harvester. Navistar operates as the owner of International-branded trucks and diesel engines. The company also produces buses under the IC Bus br ...
have a joint venture called Mahindra Trucks and Buses Limited. Mahindra & Mahindra owns 51% and Navistar International owns 49%.
* MAN SE
MAN SE (abbreviation of ''Maschinenfabrik Augsburg-Nürnberg'', ) was a manufacturing and engineering company based in Munich, Germany. Its primary output was commercial vehicles and diesel engines through its MAN Truck & Bus and MAN Latin Ame ...
and UzAvtosanoat have a joint venture called MAN Auto-Uzbekistan
The MAN AUTO-Uzbekistan Company is a joint venture between the German MAN Nutzfahrzeuge AG and the Uzbek OJSC UzAvtosanoat. The joint venture was founded in August 2009. Subsequently, the employees at the plant were trained by the MAN staff to e ...
, UzAvtosanoat owns 51% and MAN SE owns 49%.
* PSA
PSA, PsA, Psa, or psa may refer to:
Biology and medicine
* Posterior spinal artery
* Primary systemic amyloidosis, a disease caused by the accumulation of abnormal proteins
* Prostate-specific antigen, an enzyme used as a blood tracer for pros ...
and Toyota
is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on . Toyota is one of the largest automobile manufacturers in the world, producing about 10 ...
have a 50-50% joint venture called Toyota Peugeot Citroën Automobile Czech
Toyota Motor Manufacturing Czech Republic s.r.o., also known by its initials TMMCZ, is a Czech automobile manufacturer headquartered in Kolín, Czech Republic. It was originally established in 2002 by the Toyota Motor Corporation and the PSA Gro ...
.
*PSA and CK Birla Group
CK Birla Group, is an Indian multinational conglomerate named after Chandra Kant Birla, headquartered in the Birla Tower in Barakhamba road, New Delhi, India. Earlier the group was led by industrialists - BM Birla and GD Birla (Padma Vibhu ...
(AVTEC) have a 50-50% joint venture called PSA AVTEC Powertrain Pvt. Ltd.
* Sollers JSC
Sollers, formerly known as OAO Severstal-Auto, is a Russian company holding controlling blocks of shares of OAO Ulyanovsk Automobile Works (UAZ), Zavolzhye Motor Works (ZMZ) and OAO ZMA. The enterprises of Severstal-Auto are well-known automobi ...
is involved in joint ventures with Ford
Ford commonly refers to:
* Ford Motor Company, an automobile manufacturer founded by Henry Ford
* Ford (crossing), a shallow crossing on a river
Ford may also refer to:
Ford Motor Company
* Henry Ford, founder of the Ford Motor Company
* Ford F ...
(Ford Sollers
Ford Sollers was a joint venture between the American car manufacturer Ford and the Russian Sollers established in 2011, and dissolved in 2022. Ford Sollers was responsible for the production, import, and distribution of all Ford brand products, ...
) and Mazda
, commonly referred to as simply Mazda, is a Japanese multinational automotive manufacturer headquartered in Fuchū, Hiroshima, Japan.
In 2015, Mazda produced 1.5 million vehicles for global sales, the majority of which (nearly one m ...
to produce cars.
* Tata Motors
Tata Motors Limited is an Indian multinational automotive manufacturing company, headquartered in Mumbai, India, which is part of the Tata Group. The company produces passenger cars, trucks, vans, coaches, buses.
Formerly known as Tata En ...
also formed a joint venture in India with Fiat
Fiat Automobiles S.p.A. (, , ; originally FIAT, it, Fabbrica Italiana Automobili di Torino, lit=Italian Automobiles Factory of Turin) is an Italian automobile manufacturer, formerly part of Fiat Chrysler Automobiles, and since 2021 a subsidiary ...
and gained access to Fiat's diesel engine technology.
* Tata Motors and Marcopolo
Thor (previously known as Marcopolo) is a family of satellites designed, launched and tested by Hughes Space and Communications (now part of Boeing Satellite Systems) for British Satellite Broadcasting (BSB), and were used for Britain's Direct ...
have a joint venture called Tata Marcopolo
Tata Marcopolo (officially Tata Marcopolo Motors Ltd.) is a bus and coach manufacturing company headquartered in Karnataka, India and a joint venture between Tata Motors and Marcopolo S.A.
Tata Motors will buy the 49 percent stake held by it ...
, where Tata owns 51% and Marcopolo owns 49%.
* Volvo Group
The Volvo Group ( sv, Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distributio ...
and Eicher Motors
Eicher Motors Limited is an Indian multinational automotive company that manufactures motorcycles and commercial vehicles, headquartered in New Delhi. Eicher is the parent company of Royal Enfield, a manufacturer of middleweight motorcycles.
...
have a 50-50% joint venture called VE Commercial Vehicles.
See also
* Alliance of Automobile Manufacturers
The Auto Alliance (AAM) is a defunct trade group of automobile manufacturers that operated in the United States. It was the leading advocacy group for the auto industry, representing 77% of all car and light truck sales in the United States. The ...
* Automotive industry by country
This article provides an overview of the automotive industry in countries around the world.
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 ...
* Automotive industry crisis of 2008–2010
The automotive industry crisis of 2008–2010 formed part of the financial crisis of 2007–2008 and the resulting Great Recession. The crisis affected European and Asian automobile manufacturers, but it was primarily felt in the American automoti ...
* Automotive industry in the United States
The automotive industry in the United States began in the 1890s and, as a result of the size of the domestic market and the use of mass production, rapidly evolved into the largest in the world. The United States was the first country in the w ...
* Big Three (automobile manufacturers)
In the automotive industry, the term Big Three is used for a country's three largest motor vehicle manufacturers, especially indicating companies that sell under multiple brand names.
The term originated in the United States, where General Moto ...
*
* List of countries by motor vehicle production
List of countries by motor vehicle production
This is a list of countries by motor vehicle production based on Organisation Internationale des Constructeurs d'Automobiles (OICA) and other data from 2016 and earlier.Figures include passenger cars ...
* Motocycle
]
''Motocycle'' was a word used in the United States in the later 19th century for a horseless carriage, the type of vehicle now known as a car or automobile. The word caught on initially as it was short and easier to understand than other p ...
* List of largest automotive companies by revenue
This list comprises the world's largest companies by consolidated revenue, according to the ''Fortune'' Global 500 2022 rankings. American retail corporation Walmart has been the world's largest company by revenue since 2014.
The list is limite ...
Notes
These figures were before the merger of both Fiat Chrysler Automobiles and Groupe PSA; the latter of which has merged into Stellantis
Stellantis N.V. is a multinational automotive manufacturing corporation formed in 2021 on the basis of a 50–50 cross-border merger between the Italian-American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group. The comp ...
as of January 2021.
References
Further reading
* Ajitha, P. V., and Ankita Nagra. "An Overview of Artificial Intelligence in Automobile Industry–A Case Study on Tesla Cars." ''Solid State Technology'' 64.2 (2021): 503-512
online
* Banerjee, Preeta M., and Micaela Preskill. "The role of government in shifting firm innovation focus in the automobile industry" in ''Entrepreneurship, Innovation and Sustainability'' (Routledge, 2017) pp. 108-129.
* Bohnsack, René, et al. "Driving the electric bandwagon: The dynamics of incumbents' sustainable innovation." ''Business Strategy and the Environment'' 29.2 (2020): 727-74
online
* Bungsche, Holger. "Regional economic integration and the automobile industry: automobile policies, division of labour, production network formation and market development in the EU and ASEAN." ''International Journal of Automotive Technology and Management'' 18.4 (2018): 345-370.
* Chen, Yuan, C-Y. Cynthia Lin Lawell, and Yunshi Wang. "The Chinese automobile industry and government policy." ''Research in Transportation Economics'' 84 (2020): 100849
online
* Clark, Kim B., et al. "Product development in the world auto industry." ''Brookings Papers on economic activity'' 1987.3 (1987): 729-781
online
* Guzik, Robert, Bolesław Domański, and Krzysztof Gwosdz. "Automotive industry dynamics in Central Europe." in ''New Frontiers of the Automobile Industry'' (Palgrave Macmillan, Cham, 2020) pp. 377-397.
* Imran, Muhammad, and Jawad Abbas. "The role of strategic orientation in export performance of China automobile industry." in ''Handbook of Research on Managerial Practices and Disruptive Innovation in Asia'' (2020): 249-263.
* Jetin, Bruno. "Who will control the electric vehicle market?" ''International Journal of Automotive Technology and Management'' 20.2 (2020): 156-177
online
* Kawahara, Akira. ''The origin of competitive strength: fifty years of the auto industry in Japan and the US'' (Springer Science & Business Media, 2012).
* Kuboniwa, Masaaki. "Present and future problems of developments of the Russian auto-industry." ''RRC Working Paper'' Series 15 (2009): 1-12
online
* Lee, Euna, and Jai S. Mah. "Industrial policy and the development of the electric vehicles industry: The case of Korea." ''Journal of technology management & innovation'' 15.4 (2020): 71-80
online
* Link, Stefan J. ''Forging Global Fordism: Nazi Germany, Soviet Russia, and the Contest over the Industrial Order'' (2020
excerpt
influential overview
* Liu, Shiyong. "Competition and Valuation: A Case Study of Tesla Motors." ''IOP Conference Series: Earth and Environmental Science'' . Vol. 692. No. 2. (IOP Publishing, 2021
online
* Miglani, Smita. "The growth of the Indian automobile industry: Analysis of the roles of government policy and other enabling factors." in ''Innovation, economic development, and intellectual property in India and China'' (Springer, Singapore, 2019) pp. 439-463.
* Qin, Yujie, Yuqing Xiao, and Jiawei Yuan. "The Comprehensive Competitiveness of Tesla Based on Financial Analysis: A Case Study." in ''2021 International Conference on Financial Management and Economic Transition'' (FMET 2021). (Atlantis Press, 2021)
online
* Rawlinson, Michael, and Peter Wells. ''The new European automobile industry'' (Springer, 2016).
* Rubenstein, James M. ''The changing US auto industry: a geographical analysis'' (Routledge, 2002).
* Seo, Dae-Sung. "EV Energy Convergence Plan for Reshaping the European Automobile Industry According to the Green Deal Policy." ''Journal of Convergence for Information Technology'' 11.6 (2021): 40-48
online
* Shigeta, Naoya, and Seyed Ehsan Hosseini. "Sustainable Development of the Automobile Industry in the United States, Europe, and Japan with Special Focus on the Vehicles’ Power Sources." ''Energies'' 14.1 (2021): 78
online
* Ueno, Hiroya, and Hiromichi Muto. "The automobile industry of Japan." on ''Industry and Business in Japan'' (Routledge, 2017) pp. 139-190.
* Verma, Shrey, Gaurav Dwivedi, and Puneet Verma. "Life cycle assessment of electric vehicles in comparison to combustion engine vehicles: A review." ''Materials Today: Proceedings'' (2021
online
* Vošta, M. I. L. A. N., and A. L. E. Š. Kocourek. "Competitiveness of the European automobile industry in the global context." ''Politics in Central Europe'' 13.1 (2017): 69-89
online
* Zhu, Xiaoxi, et al. "Promoting new energy vehicles consumption: The effect of implementing carbon regulation on automobile industry in China." ''Computers & Industrial Engineering'' 135 (2019): 211-226
online
External links
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