Automotive OEMs (e.g., Toyota, Volkswagen)
Vehicle manufacturers whose brand appears on the finished vehicle.
Automotive Original Equipment Manufacturers (OEMs) are the primary vehicle manufacturers, including companies such as Toyota, Volkswagen Group, GM, Ford, Stellantis, Hyundai-Kia, BYD, and Tesla. They integrate parts and systems from Tier 1 suppliers, such as Bosch and Denso, into final vehicles. Toyota currently stands as the world's largest automaker by sales, with approximately 10.4 million vehicles sold in 2024.
The industry is currently navigating a transition toward electrification and software-defined vehicles, with battery electric vehicles (BEVs) projected to make up approximately 41% of global light-vehicle sales by 2030. This shift is moving value from hardware toward electronics and services, increasing the importance of software partnerships and deep supplier ecosystems.
Market dynamics in 2025 show moderate revenue growth coupled with margin pressure. Global new light-vehicle sales are forecast to reach between 89.6 million and 94 million units in 2025.