The major automakers with present presences in the United States are listed below, along with the brands they sell.
BMW, Mini, and Rolls-Royce are all owned by BMW Group. Smart and Mercedes-Benz are owned by Daimler AG. Lincoln and Ford are owned by Ford Motor Co. Chevrolet, GMC, Buick, and Cadillac all belong to General Motors. Hummer is back as a GMC subsidiary brand. In order to co-develop EVs, GM and Honda have an official collaboration. Acura and Honda are owned by Honda Motor Co. It collaborates with GM. Sony Honda Mobility is the name of the electric vehicle firm they founded with Sony. Genesis, Hyundai, and Kia are all owned by Hyundai Motor Group. Mazda is owned by Mazda Motor Corp. Mitsubishi, Nissan, and Infiniti are all owned by the Renault-Nissan-Mitsubishi Alliance. Following the merger of Fiat Chrysler Automobiles and Peugeot S.A., a new company called Stellantis was created. According to the explanation, the word is derived from the Latin verb “stello,” which means “to dazzle with stars.” Alfa Romeo, Chrysler, Dodge, Fiat, Jeep, Maserati, and Ram are now under Stellantis and are FCA brands that are offered in the United States. Other Stellantis automobile brands include Citroen, DS Automobiles, Opel, Peugeot, and Vauxhall. Subaru is owned by Subaru Corp. Jaguar and Land Rover are owned by Tata Motors. Owned by Tesla. Lexus and Toyota are owned by Toyota Motor Corp. Additionally, it owns stock in Suzuki and Subaru. The automotive brand VinFast, along with VinHomes, VinBigData, VinBioCare, and VinBrain, are all owned by VinGroup. Audi, Bentley, Bugatti, Lamborghini, Porsche, and Volkswagen are all brands owned by Volkswagen AG. Volvo, Polestar, and Lotus are all brands owned by Zhejiang Geely Holding Group (ZGH).
In This Article...
Who is the owner of Audi?
Ten brands from five different European nations make up the Group: Audi, Lamborghini, Bentley, Porsche, Ducati, KODA, SEAT, and Volkswagen Commercial Vehicles. The Volkswagen Group also has a large number of additional brands and business divisions, including financial services. Volkswagen Financial Services includes leasing, leasing for customers and dealers, banking, insurance, and fleet management services.
The Volkswagen Group is laying the groundwork for the biggest change process in its history with its NEW AUTO – Mobility for Generations to Come Group strategy and future program: the realignment of one of the best automakers to become a leading provider of sustainable mobility on a global scale. To do so, the Group will change its core automotive business, which will include, among other things, the introduction of another 30 or more fully electric vehicles by 2025 and the expansion of battery technology and autonomous driving as new key businesses.
Which businesses does Ford own?
As of 2020, the automotive division of Ford Motor Company is home to three car brands. Ford, Lincoln, and Troller are these.
Ford Of course, Ford is the company’s original automobile brand. In 1903, when Henry Ford created the Ford Motor Company, he was 39 years old. Currently, Ford is the second-largest carmaker in the United States and produces a wide variety of cars, trucks, SUVs, and commercial vehicles.
The luxury car branch of Ford Motor Company is called Lincoln. Henry M. Leland established the corporation, which bears the name Abraham Lincoln, in 1917. Ford bought the company shortly after in 1922. Today, Lincoln produces a wide range of American-made luxury crossovers and SUVs. The company is renowned for producing high-end limos, several of which have served as the official state limousines for US presidents.
Rogrio Farias established the Brazilian off-road vehicle manufacturer Troller in 1995.
Ford Motor Company bought the company in 2007. The Troller T4, the company’s flagship vehicle, is most recognized for its appearances in various international rally competitions.
Ford is a member of whom?
William Clay Ford Jr., Mark Field, and Joseph R. Hinrichs are the three people that own the most shares of Ford Motor Company. For additional information on each of these fascinating people, see (immediately) below.
William Clay Ford Jr.
William “Bill Clay Ford Jr., the great-grandson of Henry Ford, is the executive chairman of Ford Motor Company at the moment. Bill had 6.8 million common shares of Ford Motor Company as of March 2018.
Mark Field
Mark Field spent 28 years working for Ford Motor Company before being forced out of his CEO post in 2017. Fields was the second-largest stakeholder of Ford as of his March 2017 SEC filing, holding 1.78 shares of ordinary stock.
Joseph R. Hinrichs
Joseph R. Hinrichs holds 645,155 Ford shares, making him the third-largest shareholder as per his March 2018 SEC filing. Since June 1, 2017, this guy has served as Ford Motor Company’s executive vice president and head of global operations.
Does VW own Ford?
Your 2019 Guide To The Owners Of Each Car Brand Audi, Bentley, Bugatti, Lamborghini, Porsche, Seat, Skoda, and Volkswagen all belong to the Volkswagen Group. Toyota: Lexus, Daihatsu, and Toyota. Ford Motor Company: Troller, Lincoln, and Ford.
Who manufactures BMWs?
Did you know that BMW, which stands for Bayerische Motoren Werke Aktiengesellschaft and means Bavarian Motor Works, is an acronym? According to the AG, it is a corporation with shareholder ownership. More than 120,000 people are employed by the BMW Group, which currently runs 31 production and assembly plants across 15 nations.
Ford owns Volvo, right?
Volvo Cars, renowned for their years of innovation in automobile safety, was acquired by Ford Motor Company in 1999 and remained one of their Premier Automotive brands until 2010. Geely Automobile, a significant Chinese carmaker, now owns the manufacturer.
Ford owns Ferrari, right?
No, to put it simply. Ferrari is not owned by Ford. However, it turns out that there is a very good reason why you could have believed they do. The New York Times claims that Ford actually made an attempt to buy Ferrari in the past. Sadly, the Ford-Ferrari merger didn’t go as well as the carmaker had intended.
Instead, according to The New York Times, Enzo Ferrari finally rejected Henry Ford II’s attempt to purchase Ferrari in 1963. Ford apparently felt embarrassed by the incident, which prompted Ford to put together a racing squad under the direction of Carroll Shelby, a former racer turned designer. At the 1966 French 24 Hours of Le Mans, the team was instructed to compete against Ferrari. If you’ve ever seen the movie “Ford v Ferrari,” there’s a good chance that you already have some knowledge of Ford’s propensity for getting back at Ferrari.
Aston Martin is Ford’s?
The return of the fictitious British secret agent James Bond to Aston Martin was negotiated by Gauntlett in 1986. To bring the Bond brand back to a more Sean Connery-like feel, Cubby Broccoli decided to recast the role using actor Timothy Dalton. In addition to selling Broccoli a Volante for use at his residence in America, Gauntlett provided his own pre-production Vantage for use during the filming of The Living Daylights. Despite his desire to play the KGB colonel, Gauntlett declined the part because he “simply could not afford the time.” [54]
: Ford Motor Company
Ford acquired a 75 percent ownership in Aston Martin in 1987 and the remaining 25 percent subsequently since the company required capital to continue operating over the long term. [55] Victor Gauntlett and Prince Michael of Kent watched the revived race in May of that same year while staying at the residence of Contessa Maggi, the original Mille Miglia’s creator. Walter Hayes, vice-president of Ford of Europe, was another visitor at the home. Despite issues with the previous purchase of AC Cars, Hayes recognized the brand’s potential, and after some deliberation, Ford decided to purchase a share in September 1987. [56] Following the successful sales of 52 Volante Zagato coups priced at $86,000 each, a limited edition Vantage, and 5,000 cars produced over the course of 20 years, Aston Martin ultimately removed the outdated V8 in 1988 and unveiled the Virage line. [57]
Despite having a two-year term limit on his chairmanship, Gauntlett returned the firm to sports car racing in 1989 with very little success in Europe. Ford sponsored the Jaguar automobiles racing team with a small number of Cosworth engines, but due to changes in engine regulations for the 1990 season and the introduction of the new Volante model, this supply was limited. Ford decided to acquire full ownership of Aston Martin since the entry-level DB7 would need a significant amount of engineering expertise. In 1991, Gauntlett passed over the presidency of Aston Martin to Hayes. [58] The high-performance Virage variation known as the Vantage was introduced in 1992, and the DB7 was unveiled the following year, revitalizing the DB line. [59]
Ford built a stake in the company in 1987 and by 1993 had entirely bought it.
[60] Ford added Aston Martin to the Premier Automotive Group, made new manufacturing investments, and increased output. Ford began producing the DB7 at a new plant at Banbury Road in Bloxham in 1994. Aston Martin produced a record 700 vehicles in 1995. Before the Ford period, automobiles were made using manual coachbuilding craft techniques like the English wheel. The 2,000th and 6,000th DB7s were constructed in 1998 and 2002, respectively, outpacing the production of all earlier DB series models. In 1999, the more potent V12 Vantage models were added to the DB7 lineup, and in 2001, Aston Martin debuted the Vanquish, its V12-powered flagship model that replaced the venerable Virage (now called the V8 Coup). [61]
The V8 Vantage concept car was unveiled by Aston Martin in 2003 at the North American International Auto Show in Detroit, Michigan. The Vantage, which debuted in 2005 with little changes anticipated, brought back the traditional V8 engine to help Aston Martin compete in a wider market. The Gaydon facility, the first purpose-built factory in Aston Martin’s history, debuted in 2003 as well. A 35,000 square meter (380,000 square foot) production building and an 8,000 square meter (86,000 square foot) front building for offices, meeting spaces, and client reception make up the facility’s 22 hectare (55-acre) location. [9] [62] The DB9 coup, which succeeded the ten-year-old DB7, was also unveiled in 2003. At the 2004 Detroit car show, the DB9 Volante, a convertible variant of the DB9, made its debut. [63]
The dedicated 12,500 square meter (135,000 square foot) Aston Martin Engine Facility (AMEP) was established by Aston Martin in the Ford GermanyNiehl, Cologne plant in October 2004. The assembly of each unit was delegated to a single technician from a pool of 30, with V8 and V12 variants assembled in under 20 hours, similar to traditional Aston Martin engine production from Newport Pagnell, which has the capacity to produce up to 5,000 engines a year by 100 specially trained personnel. The idea was that Aston Martin will be able to build limited batches of engines for higher performance variations by moving engine production back in-house. [64] [65] The entry-level V8 Vantage sports vehicle was able to join the DB9 and DB9 Volante in Gaydon factory production in 2006 thanks to this increased engine capacity. [66]
Aston Martin declared in December 2003 that it would make a comeback to racing in 2005. The DBR9 program’s design, development, and management were transferred to Prodrive and a newly formed entity known as Aston Martin Racing. The DBR9 competes in sports car competitions, such as the renowned 24 Hours of Le Mans, in the GT class. [67]
A 2006 internal audit prompted Ford to think about selling off some of its Premier Automotive Group. After considering the pros and cons of selling Jaguar, Land Rover, or Volvo, Ford declared in August 2006 that it has hired UBS AG to sell all or a portion of Aston Martin at auction. [68]
: Private Limited Company
For 475 million (US$848 million) on March 12, 2007, a group headed by Prodrive chairman David Richards acquired Aston Martin. [69] [70] The firm was made up of two Kuwaiti businesses, Investment Dar and Adeem Investment, as well as American investment banker John Sinders. [71] [72] Prodrive had no financial stake in the transaction. [73] Ford retained a 70 million dollar ($40 million) interest in Aston Martin. [74]
The first east-west crossing of the Asian Highway was made between June and August 2007 in order to show the V8 Vantage’s toughness in challenging terrain and advertise the vehicle in China. A pair of Britons traveled 12,089 kilometres (7,512 miles) by car from Tokyo to Istanbul before continuing their journey 3,259 km (2,025 miles) across the European road network to London. Aston Martin opened dealerships in Shanghai and Beijing within three months of the promotion’s success. [75]
A Vanquish S was the final vehicle produced at the Newport Pagnell facility since 1955 on July 19, 2007. The Aston Martin Works historic car section, which specializes in heritage sales, servicing, spare parts, and restoration activities, relocated to the Tickford Street factory after being renovated. [76] [77] The 22 hectare (55 acre) Gaydon plant, which is located on the old RAFV Bomberairbase, is now the primary location for UK production. [78] With the reassuring words, “The continuing growth and success of Aston Martin is based upon Gaydon as the focal point and heart of the business, with the design and engineering of all Aston Martin products continuing to be carried out there,” Aston Martin announced in March 2008 a partnership with Magna Steyr to outsource the manufacture of more than 2,000 cars each year to Graz, Austria. [79]
There are now 120 dealers across 28 nations, with additional dealers in Europe and the new pair in China.
[80] Aston Martin announced the rebirth of the Lagonda brand on September 1st, 2008, and suggested a concept car be unveiled in 2009 to commemorate the brand’s 100th birthday. The first vehicles for mass production were planned to be made in 2012. [81] Due to the economic downturn, Aston Martin announced in December 2008 that it would reduce its staff from 1,850 to 1,250. [82] [83]
2010 saw the release of the first four-door Rapide grand tourers from the Magna Steyr facility in Graz, Austria.
[84] To guarantee adherence to the rigorous standards of Aston Martin and other marques, like Mercedes-Benz, the contract manufacturer offers dedicated facilities. Dr. Ulrich Bez, the company’s former CEO, had openly discussed the possibility of outsourcing all but marketing-related aspects of Aston Martin’s business. [85] It was reported in September 2011 that Gaydon would once again serve as the company’s sole automotive manufacturing location in the second half of 2012. [86]
On December 6, 2012, Italian private equity firm Investindustrial agreed to pay 150 million as a capital increase to acquire a 37.5% share in Aston Martin.
[87]
[88][89]
[90] Aston Martin issued a press release on December 7, 2012, confirming this. [91] In 2013, David Richards departed Aston Martin and then came back to focus on Prodrive. [92]
It was announced in April 2013 that Dr. Ulrich Bez would step down from his position as the company’s chief executive officer to assume a more ambassadorial one.
[93] On September 2, 2014, Aston Martin made the announcement that it has chosen Andy Palmer, a Nissan executive, to be its new CEO[94], with Ulrich Bez continuing in his role as non-executive chairman. Sales had decreased since 2015, therefore Aston Martin introduced concept vehicles like the DBX SUV and track-focused vehicles like the Vulcan in an effort to attract new customers, particularly rich female shoppers. [95] [96] Palmer claims that the problems began when the DB9’s sales failed to produce enough funding for the development of next-generation models, which set off a chain reaction of diminishing sales and profitability. [97]
Palmer described the company’s six-year plan to revitalize the 100-year-old British brand and make it consistently profitable, which includes developing two new platforms, adding a crossover, updating its array of supercars, and utilizing its technological relationship with Daimler. He declared, “Seven times in the first century, we declared bankruptcy. Making sure that is not the case is the goal of the second century.” [97] The business invested 20 million ($33.4 million) to develop its Gaydon manufacturing facility in order to get ready for its upcoming line of sports vehicles. A new chassis and pilot build facility, an increase of the parts and logistics storage area, new offices, and other improvements are all part of the Gaydon plant development. Aston Martin will expand the plant by about 10,000 square meters (110,000 square feet) in total. [98] [99][100]
Aston Martin sold 3,500 vehicles in 2014, which is significantly less than the 7,300 vehicles sold in 2007 and the 4,200 vehicles sold in 2013, resulting in a pre-tax loss of 72 million, almost quadruple the amount of 2013.
[101] In addition to the 304 million senior secured notes at 9.25 percent issued in 2011, Aston Martin also issued “payment in kind” notes in the amount of US$165 million in March 2014 at 10.25 percent interest. [101] To finance the creation of new models, Aston Martin also needed to collect an additional 200 million from its shareholders. [101] Pre-tax losses for Aston Martin rose by 27% to 162.8 million in 2016, marking the company’s sixth consecutive year of losses, according to reports. [102]