4 ms·
Most car brands you know of are owned by just a handful of the others. A perfect example is that Kia is owned by Hyundai Motor Group, who also own Genesis. Ther
by ehnto 4y ago
Most car brands you know of are owned by just a handful of the others. A perfect example is that Kia is owned by Hyundai Motor Group, who also own Genesis. There are definitely more than three though, I will give you that, but it is definitely a story of consolidation over the past 30 years.
https://www.whichcar.com.au/car-advice/car-manufacturer-brands-family-tree https://www.whichcar.com.au/car-advice/car-manufacturer-bran...
- lotsofpulp 4y agoAnd yet Tesla is out there with the highest market cap of them all, which contradicts the person I replied to that there is no variety or an impossibly high barrier to entry. We have numerous Korean, Japanese, German, and American vehicles on the road with many varieties of sizes and performance. And obviously you will need to have deep pockets to enter the car business, why wouldn’t you for such a complex machine? That does not mean there is excessive consolidation in the market.