Since its invention in the 20th century, the passenger car has transformed the way people move and impacted societies and economies all over the world. Today, the private car is a staple of modern societies, providing independence and freedom of mobility to the masses. China and the United States make up approximately 50% of the total global revenue generated by the Passenger Cars market, with Europe being just slightly behind the two. Sales numbers for passenger cars peaked in 2017. This was followed by a decline that was accelerated by the COVID-19 pandemic. Currently, sales numbers are rather stagnant, and we expect this trend to continue for the foreseeable future.
industries
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Transportation
Passenger Cars
— Statista
Revenue
Select Advertising M&A Transactions
Exitwise has catalogued the most relevant M&A transactions that our industry specialized, M&A experts have completed. Feel free to search through our transaction catalogue, or better yet,Contact Usto request a list of the most relevant exits from your industry.
sold
Accu-Trade Group
transportation — Passenger Cars
The Accu-Trade Group includes real-time, VIN-specific appraisal and valuation data, instant guaranteed offer capabilities and logistics technology.
Acquired by CARS
sold
Alan Jay Automotive Network
transportation — Passenger Cars
LMP Automotive Holdings, Inc. is an e-commerce and facilities-based automotive retailer in the United States and acquired an 85% interest in the Alan Jay Automotive Network, a 12-dealership group in Florida, along with the associated real estate.
Acquired by LMP Automotive Holdings
sold
Jacobs Vehicle Systems
transportation — Passenger Cars
For over 60 years, they have been a partner in the trucking industry’s quest for safe, reliable, and efficient commercial vehicles. They design their customer relationships to foster a team environment where collaboration, at every step of the engineering and manufacturing process, results in solutions that meet clients' specific business and performance priorities.
Acquired by Cummins