Top Automotive OEM Companies

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Volkswagen Group

The Volkswagen Group is a German multinational automobile manufacturing company headquartered in Wolfsburg, Lower Saxony, Germany. The company was founded in 1937 by Ferdinand Porsche and his son-in-law, Anton Piëch, as Gesellschaft zur Vorbereitung und Durchführung des Volkswagens mit beschränkter Haftung (Society for the Preparation and Execution of the Peoples Car with Limited Liability). The company produced the iconic Volkswagen Beetle, which is the worlds best-selling car of all time. Today, the Volkswagen Group is one of the largest automakers in the world, and it owns a number of well-known brands, including Audi, Bentley, Porsche, Škoda, SEAT, and Volkswagen.

General Motors

General Motors Company (GM) is an American multinational corporation that designs, manufactures, markets, and distributes vehicles and vehicle parts. The companys headquarters is located in Detroit, Michigan. GM was founded in 1908 by William C. Durant and is one of the worlds largest automakers. The company produces a wide range of vehicles, including the Chevrolet Silverado, GMC Sierra, and Cadillac Escalade.

Honda Motor Company

Honda Motor Company, Ltd. is a Japanese public multinational conglomerate manufacturer of automobiles, motorcycles, bicycles, power equipment, and aircraft. Founded in 1948 by Soichiro Honda, Honda is one of the worlds largest automobile manufacturers, with joint ventures in 40 countries and factories in 30 countries.

Ford Motor Company

Ford Motor Company is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. The company was founded in 1903 by Henry Ford and is one of the worlds largest automakers. Ford produces a wide range of vehicles, including the Ford F-Series pickup trucks, Ford Mustang, and Ford Explorer.

Stellantis

Stellantis is a Dutch multinational automotive manufacturing company headquartered in Amsterdam, Netherlands. The company was formed in 2021 through the merger of Fiat Chrysler Automobiles and PSA Group. Stellantis is one of the worlds largest automakers, and it owns a number of well-known brands, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, and Ram Trucks.

Hyundai Motor Group

Hyundai Motor Group is a South Korean multinational conglomerate headquartered in Seoul, South Korea. The group was founded in 1947 by Chung Ju-yung and is one of the worlds largest automakers. Hyundai Motor Group owns a number of well-known brands, including Hyundai, Kia, and Genesis.

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SAIC Motor

SAIC Motor Corporation Limited is a Chinese state-owned automotive manufacturing company headquartered in Shanghai, China. The company was founded in 1951 and is one of the largest automakers in China. SAIC Motor produces a wide range of vehicles, including the Buick GL8, Chevrolet Sail, and Roewe RX5.

Nissan Motor Company

Nissan Motor Company, Ltd. is a Japanese multinational automobile manufacturer headquartered in Yokohama, Japan. The company was founded in 1933 and is one of the worlds largest automakers. Nissan produces a

Groupe Renault

Groupe Renault is a French multinational automobile manufacturer headquartered in Boulogne-Billancourt, France. It is the worlds ninth-largest automaker by production and revenue. Groupe Renault was founded in 1899 by Louis Renault and his brothers, Marcel and Fernand.

Conclusion

The automotive OEM market is a complex and ever-changing industry. The companies listed above are just a few of the many companies that are competing for market share. The Verified Market Reports website is a valuable resource for anyone who is interested in learning more about the automotive OEM market. The website provides a wealth of information on the market, including market size, trends, and forecasts.

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Top 9 Automotive OEMs in the US in 2021 by Revenue

Ford Motor Co, General Motors Co, Tesla Inc, PACCAR Inc, and Navistar International Corp are the top 5 automotive OEMs in the US in 2021 by revenue. Collectively, the top 9 automotive OEMs in the US in 2021 generated revenue of $348,275 million, with average revenue growth of 124.3%, where the highest revenue was registered by Ford Motor Co ($136,341 million), while the lowest revenue was registered by Workhorse Group Inc ($0.9 million). The highest revenue growth was registered by Lucid Group Inc (582%), followed by Tesla Inc (70.7%), and the lowest revenue growth was registered by General Motors Co (7.2%). Workhorse Group Inc posted a revenue decline of 161.2% in 2021. The United States of America-based Ford Motor Co is the leading automotive OEM in the US (by revenue). Ford reported revenues of $136,341 million for the fiscal year ended June 2021 (FY2021), an increase of 7.2% over FY2020, which was driven by higher net pricing, a favorable mix, and stronger currencies. The company is an automotive company, which designs, manufactures, markets, and services a full line of cars, trucks, sport utility vehicles, and electrified vehicles. The company provides vehicle-related financing and leasing services. It serves customers across South America, the Middle East, Europe, North America, Africa, and Asia Pacific. As of December 2021, they had 9,955 dealerships including 8,900 Ford, 654 of Ford-Lincoln, and 401 Lincoln, and sold approximately 3,942,000 vehicles across the world. The company has eight regional engineering, research, and development centers, 48 manufacturing and assembly plants across the world, and employs 183,000 people. General Motors Co (GM) is one of the leading companies in automotive OEM in the US (by revenue). The company reported revenues of $127,004 million for the year ended December 2021 (FY2021), the revenue which grew 7.0% YoY (2021 vs 2020) and recorded negative growth of 97.1% during 2019-21. The company is an automotive manufacturing company, which designs, develops, manufactures, and sells cars, trucks, and spare parts, along with its partners. It also offers maintenance, collision repairs, vehicle accessories, light repairs, and an extended service warranty. It also operates manufacturing, assembly, distribution, office, or warehousing operations in 29 countries, and employs 157,000 people.

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