The Hyundai Motor Company, is a South Korean multinational automotive manufacturer headquartered in Seoul. Hyundai Motor Company was founded in 1967. Currently, the company owns 33.88 percent of Kia Corporation, and also fully owns two marque including its luxury cars subsidiary, Genesis Motor, and electric vehicle subsidiary, Ioniq. Those three brands altogether comprise the Hyundai Motor Group.
Kia Corporation, commonly known as Kia, formerly known as Kia Motors Corporation, is a South Korean multinational automotive manufacturer headquartered in Seoul. It is South Korea's second-largest automobile manufacturer after parent company Hyundai Motor Company, with sales of over 2.8 million vehicles in 2019. As of December 2015, the Kia Corporation is minority owned by Hyundai, which holds a 33.88% stake valued at just over US$6 billion. Kia in turn is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% up to 45.37%, totaling more than US$8.3 billion.
BYD Auto Co., Ltd. is the automotive subsidiary of the Chinese multinational BYD Co Ltd, which is based in Xi'an, Shaanxi Province. It was founded in January 2003, following BYD Company's acquisition of Tsinchuan Automobile Company in 2002. The company produces automobiles, buses, electric bicycles, forklifts, rechargeable batteries and trucks. The current model range of automobiles includes electric vehicles, plug-in hybrids and petrol-engined vehicles.
Hyundai Motor Manufacturing Alabama is an automobile factory in Montgomery, Alabama.
Chang'an Automobile (Group) Co., Ltd. is a Chinese state-owned automobile manufacturer headquartered in Chongqing, China. Its principal activity is the production of passenger cars, microvans, commercial vans and light trucks.
Great Wall Motors Company Limited is a Chinese automobile manufacturer headquartered in Baoding, Hebei. The company is named after the Great Wall of China and was formed in 1984. It is China's largest sport utility vehicle (SUV) and pick-up truck producer. It sells passenger cars and trucks under the Great Wall brand and SUVs under the Haval and WEY brands.
Note: this article adopts the U.S. Department of Transportation's definition of a passenger vehicle, to mean a car or truck, used for passengers, excluding buses, planes and trains.
GAC Group is a Chinese automobile maker headquartered in Guangzhou, Guangdong, and a subsidiary of Guangzhou Automobile Industry Group.
JAC Motors is a Chinese state-owned automobile and commercial vehicle manufacturer. The company is based in Hefei, Anhui Province, China.
The automotive industry crisis of 2008–2010 was a part of the financial crisis of 2007–2008 and the resulting Great Recession. The crisis affected European and Asian automobile manufacturers, but it was primarily felt in the American automobile manufacturing industry. The downturn also affected Canada by virtue of the Automotive Products Trade Agreement.
The automotive industry in Pakistan is the one of the fastest-growing industries of the country, accounting for 4% of Pakistan's GDP and employing a workforce of over 1.8 million people. Currently, there are 3,200 automotive manufacturing plants in the country, with an investment of ₨92 billion (US$570 million) producing 1.8 million motorcycles and 200,000 vehicles annually. Its contribution to the national exchequer is nearly ₨50 billion (US$310 million) . The sector, as a whole, provides employment to 3.5 million people and plays a pivotal role in promoting the growth of the vendor industry. Pakistan's auto market is considered among the smallest, but fastest-growing in Asia. Over 180,000 cars were sold in the fiscal year 2014–15, rising to 206,777 units fiscal year 2015–16. At present, the auto market is dominated by Honda, Toyota and Suzuki. However, on 19 March 2016, Pakistan passed the "Auto Policy 2016-21", which offers tax incentives to new automakers to establish manufacturing plants in the country. In response, Renault, Nissan, Proton Holdings, Kia, SsangYong, Volkswagen, FAW and Hyundai have expressed interest in entering the Pakistani market. MG JW Automobile Pakistan has signed Memorandum of Understanding (MoU) with Morris Garages (MG) Motor UK Limited, owned by SAIC Motor to bring electric vehicles in Pakistan. NLC signed an agreement with Mercedes Benz for the manufacturing of Mercedes Actros trucks in Pakistan. Pakistan has not enforced any automotive safety standards or model upgrade policies. A few old models of vehicles including the Bolan and Ravi continue to be sold by Suzuki.
This article provides an overview of the automotive industry in countries around the world.
Dongfeng Motor Corporation is a Chinese state-owned automobile manufacturer headquartered in Wuhan, Hubei, China. Traditionally one of the "Big Four" Chinese automakers, Dongfeng is currently in the top four in terms of output along with Changan Automobile, FAW Group, and SAIC Motor.
Hyundai Nishat is a Pakistani automobile manufacturer and joint venture between Hyundai and Nishat Mills, based in Lahore, Pakistan.
Borgward Group AG is a German-based automobile brand established in May, 2008 with headquarter in Stuttgart, Germany. The company carries the name and logo of the former German brand Borgward. Design and engineering is located in Germany, but the cars are produced in China by Foton Motor.
Automotive industry in Vietnam is a fast growing sector, mainly reliant on domestic sales. All currently produced models are designed abroad by foreign brands, and many rely on knock-down kit production. Due to high import taxes on automobiles, the Vietnamese government protects domestic manufacturing. Although Vietnam is a member of the ASEAN Free Trade Area, automobile imports fall under an exception. Since January 1, 2018, the 30% import tax has been discontinued as part of ASEAN agreements. Currently, the Vietnamese motor industry is not deemed competitive enough to make exports feasible. As of April 2018, 85% of car sales in Vietnam were produced domestically from CKD kits.
The Kia Seltos is a subcompact crossover SUV built by Kia. Introduced in mid-2019, the Seltos fits between the Stonic and Sportage in Kia's global lineup.
The automotive industry in the Philippines is the 9th largest in the Asia-Pacific region, with approximately 273.4 thousand vehicles sold in 2019. Most of the vehicles sold and built in the Philippines are from foreign brands, for the most part, the Philippines is dominated by Japanese automobile manufacturers like most of its ASEAN neighbors. The automobile production in the country is covered under the Philippine Motor Vehicle Development Program being implemented by the Board of Investments. In addition, there are also a small number of independent firms who assemble and fabricate jeepneys and other similar vehicles, using surplus engines and drivetrain parts mostly from Japan.
MG JW Automobile is a Pakistani automobile manufacturer and joint venture between JW-SEZ Group and SAIC motors.
