- 14 major global corporations control more than 60 auto brands around the world.
- As a result, they represent the bulk of the world's car making capacity.
- A few major names like McLaren, Mazda, Subaru, and Tesla are not found in our graphic because they do not belong to one these major conglomerates.
The automotive industry has experienced some incredible growth over the past couple of years. In the US alone, more than 30 automotive brands vie for the more than 17 million cars and trucks that are sold each year.
Around the world, there are even more brands selling everything from tiny economy cars to million-dollar exotics for the world's plutocracy. But the industry is highly consolidated - a handful of major corporations own nearly all of the world's major car brands.
This graphic does not include every car company and every brand. Instead, it's meant to be a visual representation of the amount of influence and market power held by a handful of very powerful companies. As a result, well-known names such as McLaren, Mazda, Subaru, and Tesla have not been included because they do not belong to a large car making conglomerate. Ferrari does not appear because it's been spun off from FCA and floated on the New York Stock Exchange.
Skye Gould/Business Insider