Top Automotive Foreign Direct Investment Companies

RELEASE DATE: Jun 2024 Author: Spherical Insights Request Free Sample

Top Automotive Foreign Direct Investment Companies

Top Automotive Foreign Direct Investment Companies

 

The report provides a summary of the global top automotive foreign direct investment companies based on historical data sets (current trends, industry statistics, and emerging companies shaping the automotive industry’s future, preliminary estimates from 2020-2021, 2022, and 2023), as well as projections for the global top automotive foreign direct investment companies for global regions in 2024 and 2025. This data-driven research offers users an industry-wide view of emerging technologies and innovative insights to help them make critical business decisions.    

 

List of Top Key Companies

  • Toyota Motor Corporation
  • Renault Group
  • General Motors
  • BMW Group
  • Porsche SE
  • Hyundai Motor Group
  • Others

 

  • What is Foreign Direct Investment (FDI)?

Foreign direct investment is defined as a kind of foreign investment in which an occupant of one country (the direct investor) acquires a long-term interest in an enterprise resident in another economy (the direct investment enterprise). The occurrence of long-term interest indicates a long-term association between the direct investor and the direct investment enterprise, as well as a large degree of investor voice in the enterprise's administration. A direct investment relationship is stated to be established when a direct investor purchases 10% or more of an enterprise's ordinary shares or voting power overseas.    

  • Foreign Direct Investment (FDI) in Automotive Industry.

Foreign Direct Investment, or FDI, is vital in the automobile industry and many other divisions. In the automobile industry, FDI denotes investments made by foreign firms or entities in a country's domestic automotive sector. Furthermore, foreign automakers frequently invest in establishing manufacturing units or expanding present facilities in other nations. This enables them to localize production, minimize costs, and enter new markets. Additionally, foreign automobile industries might find that investing in additional countries allows them easier access to that country's market, refining sales, and market share. This is especially important in huge, expanding automotive markets such as China, India, and Brazil. Furthermore, FDI in the automotive industry frequently includes the transfer of innovative technology and production methods from the investment company to the host country. This can lead to increased local industry capabilities and competitiveness. Moreover, many governments actively encourage FDI in their automobile industry by providing advantages such as tax cuts, subsidies, and simplified regulatory processes. These policies are designed to attract foreign investment, promote economic development, and improve technological capabilities. In addition, FDI in the automotive industry often generates employment opportunities both directly in manufacturing and indirectly in associated industries such as logistics, services, and retail. It can also boost economic growth by increasing tax revenues and improving infrastructure.

 

List of Top Automotive Foreign Direct Investment Companies

  • Daimler AG
  • Toyota Motor Corporation
  • Renault Group
  • General Motors
  • BMW Group
  • Porsche SE
  • Hyundai Motor Group
  • Nissan Motor Corporation
  • Honda Motor Co., Ltd.
  • Ford Motor Company

 

  1. Daimler AG

Daimler AG (DMLRY) is a multinational automobile manufacturer located in Stuttgart, Baden-Wurttemberg, Germany. The corporation was founded in 1926 through the amalgamation of Benz & Cie and Daimler Motoren Gesellschaft. Daimler AG, based in Germany, is one of the world's major manufacturers of luxury automobiles as well as commercial vehicles. Mercedes-Benz Bank is the company's financing unit, in addition to its multiple brands.

  • In December 2023, Mercedes-Benz Group China Ltd. and BMW Brilliance Automotive Ltd. announced that they have agreed to form a 50:50 joint venture in China to run a high-power charging network and offer premium charging services to Chinese customers.

 

  1. Toyota Motor Corporation

Toyota Motor Corporation is the Japanese parent corporation of the Toyota Group. In 2008, it surpassed General Motors to become the world's largest vehicle brand and manufacturer. Many of its over 1,000 subsidiary and associate firms manufacture automobiles, automobile parts, as well as commercial and industrial vehicles. Toyota City, a manufacturing city east of Nagoya, Japan, houses the company's headquarters. Toyota Motor Corporation has made large FDI investments in several countries, notably the United States, where it has multiple manufacturing locations. According to the United Nations Conference on Trade and Development (UNCTAD), Toyota's FDI has helped to create jobs and promote economic development in the host nations, demonstrating the benefits of FDI on local economies.

  • In April 2023, Toyota announced to invest USD 315.2 million in its Sorocaba plant in São Paulo, according to state governor Tarcísio de Freitas. The investment builds a new hybrid-flex small vehicle.

 

  1. Renault Group

Renault Group is a French multinational vehicle manufacturer founded in 1899. The company manufactures a variety of cars and vans and has previously produced trucks, tractors, tanks, buses/coaches, airplanes and aviation engines, and autorail vehicles. Renault Group is at the forefront of a swiftly evolving mobility landscape. Renault Group is strengthened by its alliance with Nissan and Mitsubishi Motors, as well as its unique competence in electrification. It consists of four complementing brands: Renault, Dacia, Alpine, and Mobilize, which provide customers with sustainable and innovative mobility solutions.

  • In July 2023, Renault Group and Geely announced a joint venture agreement, with each having a 50% ownership in the new firm, which intends to be the leader in next-generation hybrid and highly efficient powertrain solutions to fulfill global demand in the years ahead.

 

  1. General Motors

General Motors is an American multinational automobile manufacturer based in Detroit, Michigan. The firm is best known for owning and manufacturing four automotive brands: Chevrolet, GMC, Cadillac, and Buick. General Motors has manufacturing units in eight countries. In addition to its four core brands, GM owns shares in the Chinese brands Baojun and Wuling through SAIC-GM-Wuling Automobile.

  • In January 2024, General Motors (GM) announced intentions to invest USD 1.42 billion in Brazil between 2024 and 2028 to increase electric vehicle (EV) production. This includes modernizing GM's vehicle lineup, developing new technologies for the local market, and establishing new enterprises in the country. Furthermore, the technology utilized in GM's Brazilian facilities will be upgraded to compete with other automobile manufacturers on the market.

 

  1. BMW Group

BMW Group is a German multinational company that manufactures luxury vehicles and motorbikes. Its headquarters are in Munich, Bavaria. The BMW Group is the world's largest manufacturer of premium automobiles and motorbikes, as well as a provider of premium financial and mobility services. BMW Group has over 30 production facilities worldwide and a global sales network. As a multinational corporation, the BMW Group operates in a wide range of industries and provides a diverse array of products and services.

  • In April 2024, BMW Group's announced proposal to invest an additional USD 2.76 billion in its production base in Shenyang, the capital of Liaoning province, will enhance its earnings potential and benefit upstream and downstream firms in China.

 

  1. Porsche SE

Porsche SE is a German multinational corporation primarily known as a holding company of the Volkswagen Group with investments in the automotive industry. Porsche SE is headquartered in Zuffenhausen, a city district of Stuttgart, Baden-Württemberg, and is majority owned by the Austrian-German Porsche-Piëch family.

  • In February 2024, Volkswagen launched a new tab and announced plans to invest an additional USD 1.83 billion in its Brazilian company over the next five years, as well as debut 16 new models, including hybrid and electric vehicles. The extra investments would more than double Volkswagen's 2022-2028 Brazil investment plan to 16 billion reais, allowing the company to construct four more models than previously anticipated, including its first Brazil-made hybrids, a fully electric model, and a pickup truck.

 

  1. Hyundai Motor Group

Hyundai Motor Company has been a forerunner in Korea's vehicle business since introducing the Pony, which was designed using its proprietary technology. Hyundai Motor Company has become a worldwide recognized automobile manufacturer, exporting its branded automobiles to more than 200 countries. It has a global production base. Hyundai Motor's global best-sellers, such as the Azera, Sonata, Elantra, Tucson, and Santa Fe models, as well as its regionally specialized models adapted for various markets such as China, Europe, and Russia, have received exceptionally excellent feedback from customers. Refusing to rest on its laurels and instead responding quickly to the rapidly changing auto industry to lead the future mobility market.

  • In February 2024, Hyundai Motor Group intends to expand its operations in Brazil through e-mobility and environmental innovation. The Hyundai Motor Group will strive to solidify its position as a leading EV brand in the Brazilian market, where competition for eco-friendly mobility will heat up, while actively pursuing growth measures for a new leap forward in the Brazilian market, such as seeking business opportunities with the Group's advanced hydrogen technology.

 

  1. Nissan Motor Corporation

Nissan Motor Corporation is a Japanese multinational vehicle manufacturer based in Yokohama, Kanagawa, Japan. The firm distributes its vehicles under the Nissan and Infiniti brands, as well as the old Datsun brand, and produces in-house performance tuning items (including cars) under the Nismo and Autech brands. The corporation began in the early twentieth century as the Nissan Zaibatsu, which is now known as the Nissan Group.

  • In November 2023, Nissan Motor Corporation, the Japanese automaker, announced that its plans for electric versions of the Qashqai and Juke, which are manufactured in Sunderland, northeast England, would require a total investment of up to USD 2.5 billion, including a third battery plant in Britain and infrastructure projects that its partners would help finance.

 

  1. Honda Motor Co., Ltd.

Honda Motor Co., Ltd. is a Japanese public multinational company that manufactures automobiles, motorbikes, and battery-powered equipment. Its headquarters are in Minato, Tokyo, Japan. While Honda is the world leader in motorcycle production, the majority of the company's annual sales come from automobiles, which it began making in 1963. Honda is a major Japanese exporter in the United States and other parts of the world. It also has assembly factories in numerous other nations and has entered into joint ventures and technology licensing arrangements with a number of overseas corporations.

  • In April 2024, Honda, a Japanese multinational company, announced that it would invest $15 billion in Ontario to establish four new electric vehicle production units.

 

  1. Ford Motor Company

Ford Motor Company is an American multinational vehicle manufacturer located in Dearborn, Michigan, USA. Henry Ford formed and incorporated the company in 1903. Ford sells automobiles and commercial vehicles, whereas Lincoln sells premium cars. Based on 2022 car production, Ford is the second-largest automaker in the United States (after General Motors) and the sixth-largest globally (after Toyota, Volkswagen Group, Hyundai Motor Group, Stellantis, and General Motors).

  • In February 2023, Ford Motor Company is investing USD 3.5 billion in an electric-vehicle battery plant in southwest Michigan, which can be operated with technology and backing from a Chinese battery manufacturer that has sparked political debate. The American automaker will contract battery expertise from China's Contemporary Amperex Technology Co. Ltd (CATL), which can assist set up the factory and staffing it. Ford stated that it would own and operate the factory through a completely owned subsidiary.

 

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

 

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