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Toyota holds a 16.7% stake in Subaru Corporation, parent company of Subaru. Geely Holding Group holds an 8.3% stake and a 15.9% exercisable voting rights in Volvo. Dongfeng Motor holds a 12.23% stake and a 19.94% exercisable voting rights in PSA Groupe.
BMW owns a 50% stake, Brilliance owns a 40.5% stake, and the Shenyang municipal government owns a 9.5% stake. Beijing Automotive Group has a joint venture with Daimler called Beijing Benz, both companies hold a 50-50% stake. Both companies also have a joint venture called Beijing Foton Daimler Automobile. The OICA counts over 50 countries which assemble, manufacture or disseminate automobiles. Of that figure, only 14 countries currently possess the capability to design original production automobiles from the ground up. Generally speaking, many people think autonomous vehicle or self-driving vehicle can be used directly by consumers on public roads.…