What Is The Biggest Automobile Industry

708 Words 3 Pages
The World’s Biggest Auto Companies
The automotive industry is made up of a wide range of companies involved in the designing, manufacturing, marketing and development of motor vehicles. The term automotive comes from the Greek word autos (self) and the Latin word motivus (of motion). The 1890s were the milestone following the advent of the automobile industry with hundreds of manufacturers already existing. The United States of America led the industry by remaining on top it for several decades in terms of total automobile production all over the world. In the year 1929, before the Great Depression, the world had 32,028,500 automobiles in use and over 90% of them were produced by the U.S automotive industry alone. But later, in the1980,
…show more content…
DAIMLER AG, country- Germany: This automotive manufacturing company has its headquarters in Stuttgart, Wurttemberg, Germany. Daimler owns and also has shares in a number of car, bus, truck and motorcycle brands which include big names like Wester Star, Mercedes Benz, Thomas Built Buses, Mercedes AMG, Freightliner, MV Agusta, Mitsubishi Fuso. It also has shares in Beijing Automotive Group, Renault-Nissan Alliance. As per unit sold, Daimler is the thirteenth-largest car manufacturer in the world and ranks as second in truck manufacturing worldwide. In addition to automobiles, Daimler also manufactures buses. It provides as well, different kind of financial services through Daimler Financial Services Arm.
4.BMW, country-Germany: Bayerische Motoren Werke which is better known as BMW is an engine, motor cycle and luxury vehicles manufacturing company, which was founded in 1916 and has its headquarters in Munich, Bavaria, Germany. It is the parent company of Rolls-Royce and also produces mini cars. It is one of the best-selling luxury automakers in the world. BMW sells its vehicles in China with over 440 BMW sales outlets and 100 Mini stores. The company has delivered 415,200 units to its entire network between January and November
…show more content…
HONDA MOTORS, country-Japan: This Japan based Multinational Corporation is best known for making automobiles as well as motorcycles and many other power equipment. It was founded by Soichiro Honda. Its headquarters are in Minato, Tokyo, Japan. It has been the world’s biggest motorcycle manufacturer since 1959. It also produces more than 14 million internal combustion engines, each year. Honda was the second-largest Japanese automobile manufacturer in 2001. Other than its core automobile and motorcycle businesses, Honda is also a manufacturer of garden equipment, power generators, marine engines and several other products. Since 1986, Honda has been involved with robotics research and has released its own ASIMO robot in the year 2000. The company has spread its assembly plants all around the globe being located in China, the United States, the Philippines, Pakistan, Canada, England, Taiwan, Japan, Malaysia, Belgium, Brazil, México, New Zealand, Indonesia, India, Thailand, Vietnam, Turkey, Peru and

Related Documents