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Auto manufacturer family tree: Who owns what?

whichcar.com.au

91–100 of 171 posts

Re: Auto manufacturer family tree: Who owns what?

#91

Tesla is mistakenly listed as having been founded by Elon Musk. (See e.g. Wikipedia for accurate information.)

He's LEGALLY a founder (as per the lawsuit)... but I get your meaning.

He can call himself however he wants (he’s also completely unqualified to be called an engineer), but money cannot buy facts.

Re: Auto manufacturer family tree: Who owns what?

#92

Earlier quoted context omitted.

https://www.factorywarrantylist.com/car-sales-by-manufacture... places Stellantis with 30% lower production than VW in 2021. But the thing that's super stark is how many marquees Stellantis have; I can't help but think that some consolidation and focusing of resources would be beneficial (and I'm well aware that plenty is shared already).

Stellantis is where all the brands with slipping or already low quality go, so having a lot of different brands at various price points is their thing.

Peugeot seem to be doing ok in terms of quality in the last decade. It seems to me that they do a lot of horizontal segmentation, having the same cars sold under different brands in different markets.

Re: Auto manufacturer family tree: Who owns what?

#93
post #23

Wow, somehow I was unaware that Hyundai now owns the majority of Kia.

They don't the majority. Hyundai owns 1/3 of Kia and Kia actually is a partial owner in several Hyundai subsidiaries.

I stand corrected: they owned 51% back in 1998 but more like a third now.

Re: Auto manufacturer family tree: Who owns what?

#96
post #16

I always wanted something like this but for all companies. I feel like it would be a great tool to help people understand how giant conglomerates are actually a big part of what we consume. My favorite are outdoor clothing companies which almost all tie-in to the same Chinese investment fund. Or how glasses companies all belong to that one French conglomerate.

Ideally, in a democracy, it should be open and transparent who owns what, up to the individual. That should be the basic principle of a free market.

good direction but impractical.. a tech lead at Starbucks quipped "we don't actually know how many people work at Starbucks right now" .. huh? because, though they do have modern cloudy tech, there is meat-space time involved in edge transition from state of employed to not-employed, etc. So it is true, even with "perfect" observation of events, the leaders have ranges, not hard numbers.

So it is with markets. There are indistinct conditions that may exist for some time, and decay, and financial privacy, etc. So even given "perfect" observation of events, it is not fully transparent.

Nor would you want it, I argue. Once you as an individual are involved with markets and partners and committed relationships, some faceless bureacracy is tracking your parking spending? or more to the point, your ownership stakes? So we must re-invent public markets. Too much to change at once, and imperfect cooperation, so.. set a direction. "messy"

Re: Auto manufacturer family tree: Who owns what?

#97
Stellantis is like the new Step parent to a bunch of step children that were given up for adoption by their biological parents. Some premier brands but also a lot of second tier brands and smaller brands overall. I wonder if they can keep so many brands afloat. Over the last 20 years or so the larger MFGs have shed brands and consolidated.

Re: Auto manufacturer family tree: Who owns what?

#98
post #60

Even though Volkswagen (VW) owns cars like Porsche and others, it should be mentioned that Porsche SE controls and owns majority in VW.

Porsche SE is a holding company though - it doesn't directly make cars. Porsche cars are made by Porsche AG which is a subsidiary of Volkswagen AG - Porsche SE then holding a controlling stake in Volkswagen AG.

Correct, but they do pull the strings (the Porsche family).

Re: Auto manufacturer family tree: Who owns what?

#99

Tesla is mistakenly listed as having been founded by Elon Musk. (See e.g. Wikipedia for accurate information.)

He's LEGALLY a founder (as per the lawsuit)... but I get your meaning.

IANAL, but it more like the company has a legal obligation to tell that story and let him call himself a founder, but it's an out-of-court settlement, so we're free to call him an early investor and leave it at that. Now if Tesla to make a libel claim against the sources saying Eberhard and Tarpenning were the real founders, it can.

Re: Auto manufacturer family tree: Who owns what?

#100

Earlier quoted context omitted.

He's LEGALLY a founder (as per the lawsuit)... but I get your meaning.

This is absurd, and as bad as him being listed as the "Chief Engineer" at SpaceX

They're different. Rewriting history to say you're a founder is delusional. Giving yourself the title of "chief engineer" is akin to being the mascot of the company.
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