Market Share of High-Performance IC Engine Vehicle Industry
The High-Performance IC Engine Vehicle Market is consolidating with existing players such as Honda, Toyota, Volkswagen, Hyundai, and General Motors hold the most significant shares. To have the edge over its competitors' companies is making joint-ventures, partnerships, launching new products with advanced technology. For instance,
In 2019, VW was one of the world's largest manufacturer for IC engines and shipped over 10 million units in 2018. It is more commonly known for relatively small engines for optimal usage. VW adopted towards the less powerful 1.4-liter engine for the 2019 variant VW Golf while taking into consideration of its upgraded IC engine that will ensure a stable power output.
High-Performance IC Engine Vehicle Market Leaders
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Honda Motors
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Volkswagen AG
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Toyota Motors
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Hyundai Motors
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General Motors
*Disclaimer: Major Players sorted in no particular order