What are the world's five major automotive groups?
2 Answers
For passenger vehicles, they are often referred to as the top ten automobile manufacturers. These are General Motors, Ford, Daimler-Chrysler, Toyota, Volkswagen, Honda, Nissan, Peugeot-Citroën, Fiat, and BMW. The five major heavy-duty vehicle manufacturing companies are: Scania, Daimler Group, PACCAR Inc., Volvo, and MAN. Extended content as follows: 1. Scania: Established in 1891 in Malmö, southern Sweden, it enjoys the reputation as the 'King of the Road.' The company possesses the world's most advanced chassis technology and supplies engines with displacements of 9L, 11L, 12L, and 16L, among which the most outstanding is the 16L V8 turbocharged engine. Scania heavy-duty vehicles also feature high safety standards. 2. Daimler Group: In addition to being the parent company of Mercedes-Benz cars, Daimler Group is also the world's second-largest truck manufacturer. 3. PACCAR Inc.: The largest truck manufacturing company in the United States, its heavy-duty vehicle brands include: Kenworth, Peterbilt, DAF, and Foden. 4. Volvo Group: The original parent company of Volvo Cars, besides its car business, the group also has businesses in trucks, buses, construction equipment, yachts, and industrial engines. At the end of 2017, Geely Holding increased its stake in Volvo Group, becoming the group's single largest shareholder. 5. MAN: A German heavy-duty vehicle manufacturing group, the Trucknology-Generation heavy truck series is the group's flagship model.
Last time we talked about this, I specifically looked up the data. Currently, the world's top five automotive groups by sales are basically Toyota, Volkswagen, Hyundai-Kia, Stellantis, and General Motors. Toyota not only has its own brand but also holds luxury brands like Lexus, focusing on durability and fuel efficiency. The Volkswagen Group has an even larger portfolio, managing Porsche and Audi, though it's become much more cautious after the dieselgate scandal. Hyundai-Kia has been really impressive in recent years, with stylish designs and stable quality, catching up in global sales. Stellantis might sound like a fresh name, but it's actually the merger of Fiat Chrysler and PSA, with brands like Jeep, Dodge, and Peugeot under its umbrella, performing particularly well in the European and American markets. As for General Motors, while its dominance in North America is undisputed, it's seen some setbacks in the Chinese and European markets, though brands like Chevrolet and Cadillac are still holding their ground.
