June 13, 2017

Passenger Car Manufacturer’s Market Share

   June 13, 2017

Passenger Car Manufacturer’s Market Share

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Editor’s Remarks:
German automaker Volkswagen is well and truly still the “people’s car” with nearly 23% of all passenger car sales across the globe. In second place, with less than half of VW’s sales is the PSA Group, the French conglomerate that sells vehicles under the Peugeot, Citroën and DS Automobiles brands. PSA is expecting to purchase Opel and Vauxhall from General Motors later this year. Opel received 6.4% of the market share and will likely assist PSA in climbing to the top. Meanwhile, BMW remains just slightly ahead of Daimler, although the two companies are currently trading at similar valuations and are both engaged in developing their electric vehicles businesses. Unsurprisingly, Tesla is nowhere to be found on this list although its market capitalisation has recently surpassed that of General Motors, Ford, and most recently BMW, to become the world’s fourth most valuable automaker.

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