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  • Parent Car Companies That Own Most Car Brands

    Parent Car Companies That Own Most Car Brands

    For instance, automakers shrink to become more profitable and efficient, historic names like Mercury, Oldsmobile, and Pontiac are fading from history. Names like Chrysler, Jaguar, and Volvo are looking for new parent companies outside their home countries. And new companies have sprung up, like Rivian and Tesla.

    Everywhere you look, a seemingly independent company is owned by someone else. Many liked car companies are owned by someone else.

    Car Brand Guide

    List of some car brands and their proprietors:

    1. Acura by Honda Motor Company
    2. Alfa Romeo by Stellantis
    3. Audi by Volkswagen Group
    4. BMW by BMW Group
    5. Bentley by Volkswagen Group
    6. Buick by General Motors
    7. Cadillac by General Motors
    8. Chevrolet by General Motors
    9. Chrysler by Stellantis
    10. Dodge by Stellantis
    11. Fiat by Stellantis
    12. Ford by Ford Motor Co.
    13. GMC by General Motors
    14. Genesis by Hyundai Motor Group
    15. Honda by Honda Motor Co.
    16. Hyundai by Hyundai Motor Group
    17. Infiniti by Renault-Nissan-Mitsubishi Alliance
    18. Jaguar by Tata Motors
    19. Jeep by Stellantis
    20. Kia by Hyundai Motor Group
    21. Land Rover by Tata Motors
    22. Lexus by Toyota Motor Corp.
    23. Lincoln by Ford Motor Co.
    24. Lotus by Zhejiang Geely Holding Group
    25. Lucid by Lucid Motors
    26. Maserati by Stellantis
    27. Mazda by Mazda Motor Corp.
    28. Mercedes-Benz by Daimler AG
    29. Mercury by Ford Motor Co.
    30. Mini by BMW Group
    31. Mitsubishi and Nissan by Renault-Nissan-Mitsubishi Alliance
    32. Polestar by Zhejiang Geely Holding Group
    33. Pontiac by General Motors
    34. Porsche by Volkswagen Group
    35. Ram by Stellantis
    36. Rivian by Rivian Automotive
    37. Rolls-Royce by BMW Group
    38. Saab owned by Saab AB
    39. Saturn by General Motors
    40. Scion by Toyota Motor Corp.
    41. Smart by Daimler AG
    42. Subaru by Subaru Corp.
    43. Suzuki by Suzuki Motor Corp.
    44. Tesla by Tesla Inc.
    45. Toyota by Toyota Motor Corp.
    46. Volkswagen by Volkswagen AG.
    47. Volvo by Zhejiang Geely Holding Group

    Know About Car Brands and their Owners

    BMW

    • Mini Cooper is owned and manufactured by the German luxury car company BMW.
    • The BMW Group has a simple structure, and it owns- BMW, BMW Motorrad, Mini, and Rolls-Royce.

    Volkswagen Group

    • Volkswagen Group, the German car giant, owns many famous car brands.
    • The Volkswagen Group sensibly chooses its car brands as they own some of the best and most recognized car brands globally.
    • It owns- Volkswagen, Audi, Porsche, SEAT,Bentley, Lamborghini, Skoda, Bugatti, MAN, Scania, and Ducati

    Daimler AG

    • Daimlerwas founded in 1899, merged with Benz etCie in 1926 to become the name we know today as DaimlerBenz AG.
    • The famous Mercedes brand has been around since 1900.
    • Daimler AG now controls: Mercedes-Benz, Western Star,  Smart Freightliner, Fuso, Bharat Benz, Setra, and Thomas Built

    General Motors Company

    • William C Durant founded General Motors in 1908, who then owned Buick.
    • It was later acquired from other automakers such as Cadillac and Oldsmobile.
    • This brand used to own many popular models in the US before going bankrupt in 2009, forcing famous brands such as Saturn, Hummer, Pontiac, and Oldsmobile to close.
    • General Motors at present is controlling: Aubobaoijun, Buick, Cadillac, Chevrolet, GMC, Holden, OpelJiefang, and Wuling.

    Hyundai Motor Company

    • In 1947, Hyundai started as a construction company that quickly grew and entered the auto industry in 1967.
    • They first started building a licensed and economical version of the Ford Cortina
    • Hyundai Motor Company, at this time, owns Hyundai, Genesis, and Kia.

    Honda Motor Company

    • Honda Motor Company was established in 1948 by Takeo Fujisawa and Soichiro Honda.
    • In 1963, the company entered the automotive industry officially with an S500 sports car and T360 pickup truck.
    • Honda Motor Company’s headquarter is situated in Tokyo, Japan.
    • The brand currently owns Honda Powersports, Acura and Honda.

    Fiat Chrysler Automobiles (FCA)

    • As Italy’s largest automaker, there’s no contradicting that Fiat has an incredible variety of brands.
    • The Italian automaker can be proud of its offspring with Alfa Romeo, Ferrari, Chrysler, and Lancia among its subsidiaries.

    The Solo Wanderers

    While many companies control other vehicle brands in the automotive sector, some prefer to remain independent and isolated. Among those vehicles are:

    • Suzuki and Mazda mainly flying alone;
    • And Mitsubishi is a singleton.

    It becomes simpler for potential car buyers to see which brands and companies they can trust by knowing the car brands and their parent companies based on their previous knowledge of their vehicles.

  • Honda Cars India To Hike Prices Across Range From August 2021

    Honda Cars India To Hike Prices Across Range From August 2021

    Honda Cars India plans to increase the prices of its entire model range effective from August 2021. As reported by PTI, the Japanese automaker has cited an increase in input cost as the primary reason for the price hike. The carmaker looks to offset the impact of a sharp increase in the procurement cost of various essential commodities like steel and precious metals. However, the company hasn’t revealed the quantum of the hike, which is expected to vary from model to model.

    This will be the third price hike this year as the company had earlier increased prices in April because of rising input costs. In January 2021, prices of Honda cars were hiked as the company cited a rise in input costs to hike prices. The carmaker has four models in its product line-up for the Indian market, including the City and the Amaze sedan.

    Rajesh Goel, Senior VP and Director, Marketing and Sales, Honda Cars India today PTI, “The prices for raw materials like steel, aluminium and precious metals have increased sharply and many of them are at an all-time high, impacting our input costs significantly.”

    He further added that the carmaker is presently working out the details of the price hike which could be implemented from next month.

    “Our endeavour is to keep the cost of acquisition lower, so we are currently deliberating on how much of the additional cost we can absorb and how much will be inevitable to be passed on to our customers. The revised prices will be implemented from next month,” Goel noted.

    With input costs going up, Maruti Suzuki India last month announced that it would increase prices of its entire product portfolio in the second quarter of the financial year 2022. The Indo-Japanese auto major has already effected a price increase in April 2021.

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  • EV Owners Shifting Back To Gas Power In The U

    EV Owners Shifting Back To Gas Power In The U

    A study by the University of California, Davis, which has been published by the Nature Energy Journal has shown some disturbing signs for EVs. While the world makes this tectonic shift away from gasoline-powered vehicles, between 2015-2019, 18 percent of EV owners in California shifted back to gasoline while 20 percent of the plug-in hybrid owners also did the same. The study reveals the primary culprit for the switch was the lack of reliable level 2 charging, particularly at home. While EVs, despite being more expensive than gasoline-powered vehicles, are considered more affordable because of the more affordable nature of charging and almost no after-sale cost which makes these vehicles more reliable, the limitations of range and the time that it takes to charge a vehicle offset these benefits.

    According to the research paper, almost half of the respondents who bought an EV had access to level 2 charging. 30 percent of them also had proper plugin charging at home and they still dumped their EVs. Interestingly, 54 percent of the respondents were less likely to buy an EV if they didn’t have access to convenient at-home charging.

    In the US particularly, things have moved along quite a bit in the last two years. EVs have become more ubiquitous because of the Tesla Model 3 which has become the best selling executive sedan in the world. Tesla also has a rather affordable SUV in the Tesla Model Y and there is a legion of new vehicles coming to the US mostly from traditional automakers.

    While all of this has happened, the charging technology has moved along. Tesla’s supercharger network has grown while also Volkswagen’s Electrify America has become the biggest charging network in North America. But more players are entering the space like Rivian which is highly capitalized and also pouring its cash into developing its charging network. GM has now partnered with 7 networks via a super app for charging its vehicles.

    The government has also changed in the US. Under Biden, EVs are getting a huge push and if tax credits come back, then things will be even more lucrative for EV adoption. The data from the report is also likely skewed slightly from the current trends because it takes broad 4 year period when EVs and their infrastructure weren’t as developed or refined.

  • Mercedes-Benz Global Sales Up By 22.3% In Q1 2021

    Mercedes-Benz Global Sales Up By 22.3% In Q1 2021

    Mercedes-Benz cars sold 590,999 passenger cars globally in the first quarter of 2021 driven by China and US retail sales as well as strong demand for plug-in hybrids and all-electric vehicles. This marks a jump of 22.3 percent in sales globally compared to the same period last year. In Europe, one in four cars sold by Mercedes-Benz and smart was an xEV.

    Globally, plug-in hybrids and all-electric cars made up about 10 percent of overall sales, with approximately 59,000 units and thereof more than 16,000 all-electric vehicles sold. The EQA too has been well received after it was launched in January this year. The company already has 20,000 orders for the EQA. Given the strong start, the company is looking to bring in 3 new models the EQS, EQB, and the EQE this year.

    The current worldwide shortage of supply in certain semiconductor components affected deliveries in the first quarter and will continue to affect sales in Q2. The company monitors the situation closely and is in constant contact with the suppliers.

    Sales of Mercedes-Benz in the Asia-Pacific region rose 46.6 percent due to the continuing strong sales development in China: where a new record was achieved with 222,520 cars delivered in Q1. In January, sales in China almost reached the milestone of 100,000 vehicles within a single month. In the Europe region, brand deliveries were despite ongoing lockdown measures in many markets at the beginning of the year slightly above Q1 2020. In Germany, Mercedes-Benz sold a total of 54,446 cars down by 15.4 percent while sales in the North America region totaled 88,318 units showing strong growth of 12.5 percent.

    In India, the company recorded a growth of 34 percent over Q1 202

  • Mercedes-Benz To Increase Its Share In Aston Martin

    Mercedes-Benz To Increase Its Share In Aston Martin

    Aston Martin is a celebrated British car manufacturer and the company is not in great shape financially. But in order to make the going easier, Aston Martin has announced that Mercedes-Benz will increase its stake in the company to 20 percent. In return, Mercedes-Benz will grant Aston Martin access to its latest technologies. These also include Mercedes’ technology for plug-in hybrid and fully electric vehicles. What this essentially means is that Aston Martin will reduce the cost and risk of developing its own technology for electrified vehicles and will focus on investment in other areas and expand its model portfolio.

    Lawrence Stroll, Executive Chairman of Aston Martin Lagonda, said “Today, we take another major step forward as our long-term partnership with Mercedes-Benz AG moves to another level with them becoming one of the Company’s largest shareholders. Through this newly expanded agreement, we secure access to world-class technologies to support our long-term product expansion plans, including electric and hybrid powertrains and this partnership underpins our confidence in the future.”

    Mercedes-Benz will provide technology (including powertrain architecture for a conventional, plug-in hybrid, and electric vehicles) for all product launches through 2027. Aston Martin has plans to reach 10,000 unit sales per annum by 2024/25 although there is still a long way to go, with the British company delivering just 2,752 cars so far in 2020, which is a drop of 39 percent over 2019. But a part of that can be attributed to the global corona pandemic as well. Aston Martin’s operating losses for 2020 so far stands at £229m. The company aims to have a net income of £500m with interest, taxes, depreciation, and amortization added back by the mid part of the decade.

    In its recently released financial statement, Aston Martin says that the company has a plan to update its entire front-engined sports car line-up, introduce a new SUV model which will sit along-side the DBX, and launch a new range of mid-engine cars.

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