Conquerors of Global Automotive Industry

Audi, Skoda, Lamborghini, SEAT, Bentley, Bugatti, Porsche, Ducati, Scania, MAN, Volkswagen, and Volkswagen Commercial Vehicles are the brands you must have heard about. But, what if I tell you that all these brands are owned by a single brand or an Automotive giant, yes you got it right these brands might seem like an individual brand in fact they are but are owned or governed by a single brand named Volkswagen group. Today in this post, you're going to know about 8 Automotive giants and their brief history who all dominates the globe. 

1. Volkswagen group:

After Hitler's defeat in WW1 to improve Germany's economy, the German Labour Front the labor organization under the nazi party in the year, 1933 gave rise to the Volkswagen group coming up with a whole new concept of compact family cars that the middle class could afford during the rapid industrialization in Europe launching its first-ever car the legendary VW Beetle which was a huge hit at that time and still alive in the hearts of enthusiasts further they also launched many other legendary vehicles like the VW Bus. Today the company owns almost every single European auto brand like Audi, Skoda, and even Bugatti and has an estimated net worth of $47.02 billion. 

2. General Motors Company:

Talking about General Motors, an American Brand established in 1908 in Detroit "The Motor City" helping to increase the American economy by that time, till the early 21st century the company was the biggest auto manufacturer, the company owns a majority of American brands including GMC, Buick, Chevrolet, and Cadilac. And has an estimated net worth of $139.1B. 

3. TATA MOTORS:

Established in 1945 in Mumbai, India, growing an indigenous brand makes commercial and personal vehicles at a fair price. The company played an important role in the upliftment of the Indian auto market and it also acquired JLR group or Jaguar Land Rover group from Ford Motors UK in 2008. The company has an estimated net worth of $470 million.

4. Toyota Motor Corporation:

The Japanese company was earlier in the textile industry but gradually made its entry into the auto industry, today Toyota is the biggest player in the industry having an estimated net worth of $59.47B. Lexus a luxury vehicle brand is also owned by Toyota.

5. Fiat Chrysler Automobiles FCA:

The company is a mega merge between two brands Fiat an Italian brand that acquired Chrysler from General Motors an American brand, the company has an estimated net worth of $97.8B. The company owns some of the exotic car brands in the world like Jeep, Maserati, Abarth, Alfa Romeo, and even Ferrari.

6. Ford Motor Company:

Now everyone knows that Ford was established by Henry Ford on June 16, 1903, with a vision to create mass-market cars that normal people could afford and as a result, the first mass-produced car Model T was launched and history was created in Detroit giving it the title " Motor City ". The American company has an estimated net worth of $128B. The company also owns some of the premium car brands like Lincoln and Troller. 

7. Tesla Motors:

Tesla is one of the popular brands of this decade and the trendsetter of the whole EV revolution. Although the brand won't have any subsidiary but still have the title of biggest EV brand and an estimated net worth of $450B, it makes it the richest car brand in the world. Making its way to this list. 

8. Daimler:

Everyone knows about Mercedes-Benz, but very few know that back in the days when Karl-Benz made rather invented the world's the first car in 1886, Benz, Mercedes and, Daimler merged to form the existing brand you know. Now, if you wanna know more about auto heritage then I would suggest you to visit the Mercedes Museum in Germany. Anyways, back to the topic presently Daimler has an estimated net worth of $347B. The brand also owns Smart, AMG including Indian truck brand BharatBenz.

So, that's the list of eight popular brands still a few left and will cover in the next blogs.