Famous automobile manufacturer Ford Motor Company (F) in Dearborn, Mich., designs, manufactures, markets, and services a range of cars, trucks, sports utility vehicles, and electric vehicles worldwide. It operates through the Automotive; Mobility; and Ford Credit segments. In comparison, Netherlands-based Stellantis N.V. (STLA) designs, engineers, manufactures, distributes, and sells automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, and production systems worldwide. It offers its products under the brand names Abarth, Alfa Romeo, Chrysler, DS, Dodge, Fiat, Jeep, Maserati, and others.
Automobile manufacturing has taken a hit since the COVID-19 pandemic due to a global semiconductor shortage and raw materials supply chain disruptions. However, as the supply crunch eases, automobile manufacturing is expected to rebound to pre-pandemic levels as demand surges. Governments worldwide have been focusing on achieving net carbon neutral status and are pushing electric vehicle (EV) adoption through subsidies and friendly policies. This should enable auto manufacturers to ramp up production.
