Who Owns What In The Auto Industry?
Who owns what in the auto industry? A graphic illustrating which company owns which other car company. Some like Mistubishi and Isuzu are independent. However, Daimler AG owns Mitsubishi鈥檚 trucks and bus division. In terms of numbers, Volkswagen Group leads with 10 automobile companies. The automobile industry is a multi-billion dollar affair with many major companies posting profits as well as losses. Although we like our cars, we may not know who the actual owners of the businesses are. Knowing helps you learn how 鈥渉ealthy鈥?the parent company is. Some companies such as the Volkswagen Group have several other car companies under them. Mustafa Ziraba looks at the major companies鈥?earnings and history. The auto industry has an amazingly interesting and quite surprising and at times confusing family tree. The past few years have seen conglomerates, sales, partings, bankruptcies, and entire departments closed, making it difficult to keep up with who owns which car brands. Everyone is trying to meet shareholder demands and become more profitable while being maximally efficient.
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