Within the early 1900's, there were over 2000 producers making cars, over 1500 of these within the USA alone. Now, there are only 39 manufacturers of auto which you can buy. Of these, 30 of them are controlled by just 9 players. Six companies maintain some type of independence: Honda, Hyundai-Kia, Rover-MG, Proton-Lotus, Porsche and Morgan. Honda and Hyundai promote hundreds of thousands of units, the others are accountable for a comparative handful of sales. Therefore, we have now just 12 companies who are responsible for the feel and appear of all the world automotive industry. No marvel my car appears the identical as 100 others!
The good American Ford empire now controls the European Volvo and British Jaguar; Normal Motors Holden has hyperlinks with Fiat, Subaru and Saab; Fiat in turn, controls Ferrari, Lancia and Maserati; Mercedes & (Daimler)Chrysler now personal Mitsubishi; The 'previous commoner' Volkswagon now controls the more prestigious Audi, Bentley and Lamborghini; BMW owns the virtually reverse ends of the spectrum, Mini and Rolls Royce. Toyota has invested closely into Daihatsu; Nissan has merged with Renault.
Within the subsequent few years, it's expected that further mergers and buyouts will happen, leaving maybe five or six mega-firms to determine what the world will drive. For those who suppose that it's confusing now that we are able to purchase Lexus, Lexcens and Nexus, or drive Barinas, Berlinas and Berninas… In case you already assume that it is getting exhausting to tell whether or not a car is a Falcon, a Commodore or a Toyota… just wait, things might get even more uniform…
In just a few years, it may be doable to have everyone in your loved ones driving a car with a distinct badge on it, (for example, Jaguar, GM, VW, Mercedes, Subaru and Mini) and but discover that the money you pay out all goes to the one ultimate recipient company. (See Make investments Information 33 "Who's Taking Your Money", issued December 2004 for much more jaw-dropping revelations.
Who drives the automobiles that drive us?
In the early days of motoring within the US, the Rockefellers controlled the Commonplace Oil trust. A few different firms, including Texaco and Gulf, have been backed by the Mellons, Morgans and Vanderbilts. European capitalists rushed to develop their very own oil trade, out of which got here Royal Dutch, Shell, British Petroleum (BP), and the Petroleum Company of France (CFP), which finally became Total.
Dozens of oil corporations battled it out for a lot of the century; one after the other they were defeated or absorbed by bigger ones. The five tremendous majors which at this time dominate the oil trade are the results of mergers that swept the oil industry starting only a few years ago.
In 1998, 12 already enormous oil corporations combined to form five. Exxon (who owned Esso, Rockefeller's "SO" or "Standard Oil") merged with Mobil; then Chevron, which had already purchased up Gulf and Caltex, merged with Texaco; Shell & Royal Dutch combined, BP bought out Amoco, Marathon and Arc; Total merged with Elf and Fina.
Watch the 5, give attention to one or
Even if you solely own shares in Telstra, it is smart to keep an eye on what Optus, Vodafone or Virgin are doing. Are their offers better? Are their earnings greater? Will their new advertising and marketing campaign mean that Telstra sales will suffer? Will unhealthy publicity about the Nationwide Bank make my Commonwealth shares price extra? Take into consideration it. Now, back to oils and vehicles…
Exxon/Mobil Exxon is the largest firm of any variety on the planet as measured by gross sales, which totalled US$242 billion in 2003. That is more than the finances revenue of 185 nations, together with Brazil, Canada, Spain, Sweden and the Netherlands. In 2003, the 5 greatest oil corporations working within the U.S. (ExxonMobil, Chevron-Texaco, ConocoPhillips, BP and Royal Dutch/Shell) made US$53 billion in net profits. Virtually half of this profit was made by Exxon alone. Final year, Exxon produced US$21.5 billion in profits.
The five biggest auto companies on this planet (GM, Chrysler, Ford, Toyota and Volkswagen) produced solely US$15 billion in income - combined. Twenty one billion… hmmm, that's a lot of money… That's a variety of profit. How do they spend all of it? Feeding the world? Saving the whales? Or diversifying into other areas to make yet extra income?
Exxon has been granted over 10 000 US patents for brand spanking new inventions within the final ten years alone. They also own the chain of "On The Run" convenience shops, and 'good-card' technology based mostly "Speedpass", a system which enables you to pay for meals and gas by waving your key-ring in front of a service station scanner. You possibly can really fill your belly, fill your tank and pay for the purchases, with one company creating wealth on all three transactions.
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