what are the big 3 automakers

1 year ago 72
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The Big Three automakers refer to the three largest motor vehicle manufacturers in a country, especially those that sell under multiple brand names. In the United States, the Big Three automakers are General Motors Company (GM), Stellantis (formerly Chrysler), and Ford Motor Company. They are sometimes referred to as the "Detroit Three" because all three companies have production facilities in the Detroit area, and their performance has a significant effect on the citys economy. The Big Three have dominated the U.S. auto market for decades, but their grip is slipping fast due to poor business decisions, rising healthcare costs, and strong foreign competition. The Big Three automakers in Japan are Toyota, Nissan, and Honda, while in Germany, they are the Volkswagen Group, the Mercedes-Benz Group, and BMW.