OEM Plants - Netherlands and Belgium - MarkLines Automotive Industry Portal (2024)

FAQs

What is the biggest OEM in Europe? ›

Tesla is the best selling brand in Europe, but Volkswagen Group is the #1 OEM | European Alternative Fuels Observatory.

OEMs (Original Equipment Manufacturers) are companies that produce parts and components specifically for use in new vehicles. They play a critical role in the automotive industry, as the parts they create are designed to meet the exact specifications and requirements of specific vehicle makes and models.

They employed a total of 2,436,733 people in 2021. Germany-based Volkswagen AG is the leading automotive OEM in the world (by revenue).

Original Equipment Manufacturer (OEM) parts are made by the vehicle's manufacturer, whereas aftermarket parts are often produced by a different company than the vehicle manufacturer. At first glance, it sounds very simple, but it gets more complicated on further inspection.

Six EU Member States generated 74 % of the EU's value of sold production. Germany recorded the highest value of sold production, equivalent to 26 % of the EU total, followed by Italy (19 %), France (11 %), Spain (8 %), Poland (6 %) and the Netherlands (4 %).

BASF SE, Robert Bosch GmbH, Continental AG, ThyssenKrupp AG, and ZF Friedrichshafen AG are the top 5 automotive suppliers' companies of Europe in 2021 by revenues.

When we talk about automotive manufacturers, we mean the 14 major so-called OEMs (Original Equipment Manufacturers), which today have more than 5 dozen automotive brands under their umbrella. These include Volkswagen, Ford, Stellantis, Toyota, Honda, BMW, Mercedes, GM, Nissan, Geely, Hyunday, Tata, etc.

Spend any amount of time in manufacturing, and you're certain to hear the term 'OEM' thrown around. In simple terms, OEM – shorthand for original equipment manufacturer – traditionally refers to businesses that build and produce specific parts for other companies.

General Motors, the Ford Motor Company and Chrysler are often referred to as the Big Three, although Chrysler has been surpassed as the third-largest U.S. automaker by Toyota of America.

The Big Three in the automotive industry is a reference to the three largest car manufacturers in the United States: General Motors Company (GM), Stellantis (STLA), formerly known as Fiat Chrysler, and Ford Motor Company (F).

What are the top automotive OEM companies? ›

Volkswagen AG, Toyota Motor Corp, BYD Co Ltd, Stellantis NV, SAIC Motor Corp Ltd, Honda Motor Co Ltd, Ford Motor Co, Mercedes-Benz Group AG, General Motors Co, and Renault SA are the major 10 automotive OEMs in the world in 2021 by number of employees.

That's an increase of 7.2 percent year-over-year, which makes Toyota the best-selling automaker for the fourth year in a row. A closer look at the numbers shows that Toyota and Lexus brands delivered 10,307,395 cars in 2023, or 7.7 percent more than the prior year – and a new record.

The United States of America-based Tesla Inc is the leading automotive OEM in the world (by market cap).

A drawback of OEMs is the amount of resources needed to produce a unique product. This can include research and development costs, as well as the time it takes to create the design before it's ready for manufacturing. These investments can be quite high and introduce a certain level of risk to a business.

Original Equipment Manufacturer (OEM) parts are made by the car manufacturer, in this case, Genuine Toyota Parts and are the exact parts that your Toyota vehicle was built with.

They employed a total of 1,712,768 people in 2021. The Germany-based Volkswagen AG is the leading automotive OEM in Europe (by revenue).

The NHS is the biggest employer in Europe and the world's largest employer of highly skilled professionals. 1.3 million people across the health service in England are devoting their working lives to caring for others. That is one in every 25 working age adults, three quarters of whom are women.