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When you think about Ford, you likely think of an automobile icon, a Detroit legend, a titan of the industry, and a dozen other words that probably all work. Ever since Ford was founded in 1903, the company and its Model T laid the groundwork for an industry that would soon take on a life of its own. Key Points Ford is one of the most iconic names in the automobile industry. While Ford might be a historic giant, the auto industry has not only caught up but, in many ways, surpassed it. Brands like Tesla, Hyundai, and Toyota are all likely to surpass Ford in the next 10 years. Earn up to 3.8% on your money today (and get a cash bonus); click here to see how. (Sponsored) Ford remains one of the world’s largest automakers and one of the original “big three” members still alive and kicking. However, while Ford may have an incredibly successful backstory, the auto industry is moving at lightspeed, and in the next ten years, Ford could be in the shadow of new industry giants. 8. General Motors GM is another one of the original “big three” automakers. Vehicles sold 2024: 2.7 million Most popular models: Chevrolet Silverado, GMC Sierra, Chevy Equinox, Corvette Founded: September 1908 Market share: 17% Bitter Rivals GM and Ford are the two staple names in American automobiles. For over 100 years, Ford and General Motors have been “bitter” rivals, and in many ways, they have made each other produce better vehicles. The reality is that General Motors has already had Ford’s crown multiple times, with the F-150 outselling anything GM makes, right now, Ford is in the driver’s seat. Still, GM and its staple brands are ready to push Ford into the backseat and take over. 7. Volkswagen You can’t ignore Volkswagen’s scale and capability. Vehicles sold 2024: 379,178 Most popular models: Jetta, Tiguan Founded: May 1937 Market share: 3.6% Giant Potential If Volkswagen wanted to, they could make a run at dominating the US auto industry. While Volkswagen might seem like an unlikely opponent to take Ford’s crown in the next decade, it’s important to remember that this is the second largest vehicle manufacturer in the world. This scale and opportunity give Volkswagen all the drive it needs to try to push its market share into the double digits while taking down Ford’s at the same time. Will everyone in the United States want to drive a Jetta? Only time will tell. 6. Stellantis Stellantis is struggling now, but not out of the fight. Vehicles sold 2024: 1.3 million Most popular models: Jeep Wrangler, Dodge Charger, Jeep Cherokee Founded: January 2021 Market share: 12% A Global Giant Stellantis is now the home of staple American names like Chrysler and Jeep. With 14 different vehicle brands, including Jeep, Chrysler, Fiat, Maserati, Dodge, and Ram Trucks, Ford would be wrong to ignore this brand. Stellantis’ presence in more than 130 countries gives it a unique production advantage, and its lineup is deep enough to match everything Ford sells but for less. As a result, while it may not seem likely today, Stellantis could set its sights on Ford and quickly catch up. 5. Honda It’s hard to ignore just how strong Honda is. Vehicles sold 2024: 1.2 million Most popular models: Civic, Accord, Pilot Founded: September 24, 1948 Market share: 7.3% Better Resale Value Honda vehicles have very strong resale value, better than Ford. Compared to Ford models, Honda vehicles tend to have higher resale value, which has been increasingly crucial to vehicle buyers who want to capitalize on this value down the road. In addition, Honda’s reputation for reliability is second-to-none, and Ford, once known for being an acronym for Found On Road Dead, will have a hard time winning customers over from a brand that offers far more reliability. 4. Toyota Toyota’s reputation for quality can’t be ignored. Vehicles sold 2024: 2.3 million Most popular models: Camry, Corolla, Highlander Founded: August 1937 Market share: 15% Reliability Above All Else When it comes to reliability, Toyota vastly outperforms Ford. Even if you only look at the auto industry once in a blue moon, you should know that Toyota has been coming for Ford’s crown for years. Offering better reliability, durability, and a more overall value than Ford, Toyota’s models like the Camry and Corolla are some of the United States’ best-selling cars year-over-year for a reason. Since its introduction in 1966, the Corolla has sold over 50 million vehicles, a number even the F-150 can’t match. 3. Hyundai Motor Group Hyundai has come a long way in the last two decades. Vehicles sold 2024: 988,000 Most popular models: Tucson, Santa Fe, Elanta Founded: December 1967 Market share: 11% From Good to Great There is no question Hyundai’s market share will continue to grow. If you turn back the clock a decade ago, Hyundai (and by extension Kia) was a good car company that held its own and had the best warranty in America. Fast forward to today, and Hyundai and Kia can do no wrong. The Tucson, Santa Fe, and the K5 are selling out as fast as the company can make them. Hyundai’s emphasis on making many features standard compared to luxury auto brands is winning customers over en masse, a lesson Ford should be taking note of. 2. Mazda Mazda isn’t just the “Zoom Zoom” brand anymore. Vehicles sold 2024: 424,382 Most popular models: CX-5, CX-30, CX-9 Founded: January 1920 Market share: 3.6% Growing Fast Buying a Mazda is a good balance between fun and luxury. Mazda must be doing something right for a car company to see a 16% change in annual sales year over year between 2023 and 2024. With a lineup that appeals to all types of customers of all budgets, the company has positioned itself somewhere between luxury vehicles and budget-friendly, and it’s working in a big way. Mazda’s emphasis on affordability without compromise, including its wildly popular CX-30, is paying off and Ford should watch out as Mazda will only keep growing. 1. Tesla Tesla is now the largest market cap in the US auto industry. Vehicles sold 2024: 634,000 Most popular models: Model 3, Model Y Founded: 2003 Market share: 4% The EV King The Tesla brand shows no signs of slowing down its growth. With a 50% market share of the electric vehicle market in the United States, Tesla has already overtaken Ford for its crown in some ways. Along with having a (much) larger market cap, Tesla is well on its way to dominating the US market and pushing it toward an electric future whether other car companies want to acknowledge this reality or not. Ford may not stand a chance if Tesla figures out how to make supercharger stations as numerous as gas stations. The post 8 Auto Companies That Could Take Ford’s Crown in America Within the Next 10 Years appeared first on 24/7 Wall St..» Mehr auf 247wallst.com

Mazda Motor Corp plans to invest 5 billion baht ($150 million) in Thailand to produce electric compact sport utility vehicles, Thailand's Board of Investment said on Thursday.» Mehr auf reuters.com

Mazda (MZDAY) North American Operations President & CEO Tom Donnelly joined Catalysts with Yahoo Finance autos reporter Pras Subramanian to discuss the company's outlook for 2025, following what he describes as their "best year ever" in 2024. "We're sitting right in a sweet spot in terms of the market," Donnelly explains, noting that while the company adjusted its strategy regarding product mix, programs, and incentives, they have "maintained pricing overall.» Mehr auf youtube.com