List Of Automotive Companies In Germany – Europe has the most diverse mix of car brands in the world – a potential challenge and opportunity for suppliers competing to meet all make and model benchmarks in the aftermarket.
The automotive aftermarket is one of the tributaries of the automotive industry. The aftermarket deals with the manufacture, distribution, retail and installation of automotive components, equipment and accessories for consumers. OEMs cannot manufacture these parts, accessories etc. thus giving an opportunity to other manufacturers.
List Of Automotive Companies In Germany
The European automotive aftermarket consists of various sub-sectors including training institutes, repairers, parts manufacturers, roadside patrols, parts wholesalers, rebuilders and equipment manufacturers.
List Of Car Manufacturers
The service business (vehicle maintenance and repair) accounts for around 45% of the total aftermarket revenue in Europe, while the retail and wholesale of vehicle parts accounts for the remaining around 55%.
The European automotive parts aftermarket is currently estimated at EUR 123 billion (2017 parts retail market value). Towards 2025, the European aftermarket is forecast to grow at an annual rate of 2.4% in Western Europe and 5.0% in Eastern Europe and is expected to reach €161 billion by 2025, driven by growing European parking and sales new, longer vehicle life. and, finally, new digital products and services. (Source: Quartz)
In 2018, Bosch saw positive business development in Europe, with sales rising to 41 billion euros. This equates to an increase of 2.1 per cent or 3.7 per cent after adjusting for exchange rate effects. Much of this growth came from Germany and Austria. Bosch is the world’s largest automotive supplier and is active in various sub-segments. The business segment includes the following segments: Powertrain Solutions, Chassis System Management, Starter Motors & Generators, and Others. According to preliminary figures, the technology and services provider generated sales from operations of 77.9 billion euros last year. Sales results were hit hard by exchange rate effects of 2.1 billion euros. Adjusted for exchange rate effects, revenue rose 4.3 percent The mobility solution contributed around 47 billion euros in 2018.
Apart from the parent company Continental AG, Continental Corporation has 572 companies including non-controlled companies. The Continental team consists of 243,226 employees in a total of 544 locations in 60 countries and markets. The postal addresses of companies under our control are defined as locations The company’s 2018 corporate sales were €44,404 million in the financial year 2018. Automotive sales account for €26.9 billion.
Countries That Produce The Most Cars
ZF is a global technology company and provides systems for passenger cars, commercial vehicles and industrial technology, enabling the next generation of mobility. with. The company’s financial base remains strong with sales growth of €36.9 billion in 2018. The group invested €2.5 billion in research and development and €1.6 billion in property, plant and equipment and intangible assets. ZF managed to achieve sales growth in all regions which were, however, affected by negative effects on exchange rates. Due to stable market development in Europe, sales across all segments in 2018 were €17,390 million.
Magna International Inc. is a mobility technology company helping to pave the way for the future through innovative products and processes. The company has more than 174,000 entrepreneurial employees and 348 manufacturing operations and 91 product development, engineering and sales centers in 28 countries. Magna had record sales of $40.8 billion in the year ended December 31, 2018, a 12% increase compared to the year ended December 31, 2017. Seating systems sales increased 10% or $130 million to $1.44 billion compared to the fourth quarter of 2018 compared to $1.31 billion for the fourth quarter of 2017.
All the financial targets for 2018 were achieved despite the headwinds in the second half of the year. Furesia’s ability to meet its 2018 financial targets despite the headwinds in the second half demonstrates the resilience of its business model and its ability to adapt to changing market conditions. Furesia’s global sales in 2018 were €17,525 million, with sales in Europe totaling €8,858 million in 2018 versus €8,503 million in 2017. North American sales totaled €4,474 million in 2018 compared to € 4,473 million in 2017.
Valeo is a global automotive supplier and partner to all automotive manufacturers worldwide. Valeo’s 2018 sales were 19.3 billion euros, up 6% from 2017. Valeo is firmly positioned in the electric, autonomous and connected vehicle segments in a rapidly changing automotive market.
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Lear Corporation is a leading Tier 1 supplier to the global automotive industry. We supply seats, electrical distribution systems and electronic modules, as well as associated subsystems, components and software, to all the world’s major automotive manufacturers. Lear Corporation’s global sales in 2018 were USD 21.14 billion. Lear is a recognized world leader in complete automotive seating systems and key individual seating components. The Seating segment includes the design, development, engineering, assembly and just-in-time delivery of complete seating systems, as well as the design, development, engineering and manufacture of all major seating components, including seat covers and surface materials. Leather and fabric, seat structures and mechanisms, seat foam and headrest, as well as electrical and electronic equipment (including software products) associated with seats.
Thyssenkrupp AG’s business operations are organized into five business areas: Component Technology, Elevator Technology, Industrial Solutions, Materials Services and the decommissioning operation Steel Europe. Business areas are divided into business units and operating units. The Materials Technology division produces high-tech components for the automotive industry, wind turbines and engineering sectors worldwide. The company’s total revenue from component technology in 2018 was €7.9 billion.
MAHLE manufactures filters, pump systems, and oil coolers for engine and transmission applications – all designed to increase engine performance and service life and reduce emissions. MAHLE achieved sales of 12.6 billion euros in 2018. With an investment of 751 million euros, the company has maintained its group-wide research and development activities at a high level.
Gestamp, the international company specializing in the design, development and production of highly engineered metal components for the automotive industry, presented its 2018 results with revenues of 8,548m, representing a growth rate of 4.2%. By region, Western Europe experienced a growth rate of 2.2% to €4,101m in revenue. Eastern Europe increased by 13.7% to €1,187m. NAFTA reached €1,659m with a growth rate of 11.9%.
German Business Name Ideas List Generator (2022)
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Top Automotive Aftermarket Companies In Europe
If you are looking for a market research solution for your research needs, start your search using the search box at the top of this page or use our chat system to speak to our market research consultants or write to us directly. German car companies stand out for their excellence, safety and popularity. The country is the third largest car manufacturer (after China and Japan).
In 2016, the country’s car industry produced 10 million copies of German cars. The most popular brands known as BMW, Volkswagen, Mercedes-Benz and Audi AG present their production throughout Europe, Asia, the Middle East and even the USA.
Germany’s dedication to detail and punctuality, to say the least, has become the calling card of all nations and is reflected in the automobile industry – one of the most developed and advanced manufacturing sectors. Let’s consider the history of the list of German car brands from the beginning to modern times.
The history of German made cars began at a time when humanity was just entering a new era and the explosion engine was the invention of the century. In 1886, Karl Benz resumed serial production of cars with gasoline engines. Little did he know then that his last name would become part of the popular car brand more than 100 years later.
Pdf) Understanding The Automotive Industry: German Oem Behaviour During The Last 20 Years And Its Implications
The most important period in the development of the German car industry was the years 1916-1960, when major concerns entered the world market: BMW, Volkswagen, Audi AG. It should be noted that this manufacturing sector has developed in a strengthening way, small industries have joined big concerns, they have cooperated and transformed. For example, German car company Audi is the result of a business merger between DKW, Horch, Audi and Wanderer.
The history of each German automobile manufacturer is a topic for another story, as all business mergers and acquisitions are always full of political intrigue, fraud, partners and removing colleagues from leadership. The German car industry is no exception, all large corporations were formed as a result of the struggle for power and influence over market territory.
The Second World War was a severe test for all manufacturers
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