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oldtimer
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Posted - 01 Jan 2020 :  09:51:39  Show Profile Send oldtimer a Private Message  Reply with Quote
The Renault-Nissan- Mitsubishi Alliance is cited as a top two or top three automaker.

Elsewhere Renault and Mitsubishi do not even make the top 10, because the three companies are considered different.

quote:
Below are the top 10 car brands in World:

1st Place : Volkswagen

2nd Place : Toyota

3rd Place : Daimler

4th Place : Ford Motor

5th Place : General Motors

6th Place : Honda Motors

7th Place : SAIC

8th Place : Fiat Chrysler

9th Place : BMW

10th Place : Nissan Motor


https://www.mbaskool.com/fun-corner/top-brand-lists/17621-top-10-car-brands-in-the-world.html

https://largest.org/technology/automakers/

Look at the illustration for FORD in this article. It is the Johnson-Perkins Mustang sporting the number 47.

Back to the Alliance. Nissan was in trouble and Renault's boss Gnosn took over at Nissan and rescued it to the point where it outsells Renault.

https://www.ig.com/au/news-and-trade-ideas/shares-news/renault-nissan-mitsubishi-alliance--what-you-need-to-know-190404
quote:
Renault now owns 43.4% of Nissan while Nissan holds 15% of Renault. In 2016, Mitsubishi joined the alliance when Nissan bought a 34% stake in the company. The alliance was
managed through Renault-Nissan B.V., a jointly owned Renault and Nissan company based in
Amsterdam, the Netherlands


Number 1: the VW group is credited with Global Sales:10,830,625

Number 2: the Toyota Group is credited with Global Sales:10,520,655

So Toyota has a deficit of around 320,000.

But: Toyota has purchased 20% voting rights in Subaru through extra shares swapped to Subaru to the same value.

With Subaru as an affiliated company, Toyota are clearly gunning for number 1 over VW.

quote:
Specifically, Toyota will increase its voting rights in Subaru by 3.17 per cent, to 20 per cent, by acquiring about 24 million more shares, while the former will purchase shares in the latter equivalent to the same monetary amount, up to 80 billion ($A1.1b).

As a result of the first transaction, Subaru will become an affiliated company of Toyota, pending the approval of the relevant competition authorities.


quote:
Toyota announced it entered into a similar alliance with Suzuki Motor Corporation a month ago and has an existing financial relationship with Mazda Motor Corporation.


https://www.goauto.com.au/news/toyota/toyota-subaru-expand-alliance-confirm-new-86-brz/2019-09-30/80161.html

............................
All that withstanding, I was watching the ABC News Finance report tonight and was surprised at the car company values. In particular it was looking at Tesla, which has been down and is now back up.
'
I could not find the ABC reference, but did find this article from September which gives company value ranking, not sales ranking.

1. Toyota.........................$211 billion
2. VW.............................,$80 b
3. GM..............................$52 b
4. Daimler AZG.....................$49 b
5. Honda...........................$42 b
6. BMW.............................$42 b
7. Tesla...........................$39 b
8. Ford............................$36 b
9. Ferrari.........................$29 b
10.Hyundai.........................$25 b

Clearly some companies sell less cars but make more profit and therefore are marked up in value by the Stock Market.

https://money.usnews.com/investing/slideshows/the-10-most-valuable-auto-companies-in-the-world?slide=6

Edited by - oldtimer on 05 Feb 2020 21:12:00
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