Luxury & Ultra-Premium Passenger Car OEMs

Two things this figure is not. It is not passenger cars alone. The classification merges cars with light trucks, SUVs and crossovers, which are roughly two-thirds of it and the part that is actually growing. And it is not a firm count waiting to be found: no business count exists for vehicle assembly in any vintage, because the population is small enough that publishing it would identify individual companies. Assembly is a closed set of global manufacturers; the investable opportunity in this vertical is upstream in components and downstream in bodies and service.