Market Share of Automotive Engine Industry
The automotive engine market is fragmented due to the numerous players in the market. The companies are launching more technologically advanced products to gain a competitive edge over other players. For instance:
- In November 2021, Dongfeng Motor Company Limited announced that it had signed a cooperation agreement with Dongfeng Cummins Engine Co. Ltd. on a heavy-duty engine R&D and manufacturing project in Xiangyang National Hi-tech Industry Development Zone in Hubei Province.
Some of the key players in the market include Cummins Inc., Toyota Motor Corporation, Fiat Automobiles SpA, Volkswagen AG, MAN Energy Solutions, and General Motors.
Automotive Engine Market Leaders
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Cummins Inc.
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Toyota Motor Corporation
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General Motors
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Volkswagen AG
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Fiat Automobiles SpA
*Disclaimer: Major Players sorted in no particular order
