Top 10 Global Original Equipment Manufacturers

Original Equipment Manufacturers (OEMs) are the backbone of the global manufacturing industry. From automotive giants to electronics leaders, OEMs provide original parts and systems that fuel innovation and maintain quality standards across industries.

The following companies represent the top 10 original equipment manufacturers globally, ranked by their market influence, innovation capacity, and 2024 revenues.

1. Volkswagen Group – Setting the OEM Benchmark

Volkswagen Group remains one of the most dominant original equipment manufacturers globally. Headquartered in Wolfsburg, Germany, the company leads in vehicle production, innovation, and global market share. In 2024, Volkswagen posted revenues of $284.21 billion, reinforcing its stronghold as an OEM powerhouse.

Volkswagen manufactures original parts for a broad portfolio, including Audi, Porsche, Lamborghini, and SEAT. The group’s investments in EV platforms and digitalization reflect its forward-thinking approach. With over 120 production plants worldwide, it supplies original parts for internal use and external partnerships.

The OEM’s vertically integrated structure enhances quality control, while strategic alliances (like those with battery suppliers and autonomous tech firms) secure its supply chain resilience. Volkswagen’s consistent innovation in mobility and engineering excellence defines it as a leader among OEMs.

2. Toyota Motor Corporation – The Original Parts Pioneer

Toyota remains synonymous with reliability and precision manufacturing. As an original equipment manufacturer, the company continues to excel across automotive sectors. In 2024, Toyota recorded $260.13 billion in revenue, bolstered by strong global demand for models like the Corolla, Camry, and RAV4.

Based in Aichi, Japan, Toyota supplies original parts not only to its subsidiaries but also to external OEMs. Its Toyota Production System (TPS) revolutionized lean manufacturing and set global quality standards.

Toyota invests heavily in original parts R&D, focusing on hybrid engines, hydrogen fuel cells, and autonomous systems. Its robust after-sales service network further reinforces its OEM credibility. Toyota’s reputation for dependable original parts keeps it ahead in both emerging and developed markets.

3. Mercedes-Benz Group AG – The Luxury OEM Leader

With $153.95 billion in 2024 revenue, Mercedes-Benz Group AG is a leading OEM for premium automotive engineering. Based in Stuttgart, Germany, the company supplies original parts for luxury vehicles and commercial trucks under the Mercedes-Benz and Daimler brands.

Mercedes-Benz OEM operations emphasize high-precision original parts production, particularly in drivetrains, electrical systems, and advanced safety features. Its push into electric mobility with the EQ series showcases its OEM adaptability.

Its original parts meet strict Euro 6 and global regulatory standards. The OEM also benefits from its in-house battery plants and tech R&D hubs, ensuring full control over key components. Mercedes’ commitment to sustainability and digital innovation strengthens its OEM position in the luxury segment.

4. Ford Motor Company – The American OEM Legacy

As one of America’s most iconic original equipment manufacturers, Ford generated $151.73 billion in revenue in 2024. From Dearborn, Michigan, Ford oversees a massive global production and supply network. It manufactures original parts for vehicles such as the F-Series, Explorer, and Mustang.

Ford’s original parts production focuses on powertrains, chassis components, and increasingly, EV battery modules. The company’s investments in the BlueOval City EV campus further expand its OEM capabilities.

Its ability to integrate original parts across combustion and electric platforms gives Ford a competitive edge. Strong partnerships with SK Innovation and Rivian enhance its component technology pipeline. As an OEM, Ford’s agility in responding to market shifts reinforces its manufacturing relevance.

5. General Motors – North America’s OEM Giant

General Motors (GM) remains a key original equipment manufacturer, with $147.21 billion in 2024 revenues. From its Detroit headquarters, GM operates a vertically integrated OEM model across brands like Chevrolet, GMC, Cadillac, and Buick.

GM’s original parts manufacturing spans engines, electronics, EV batteries, and autonomous tech. The Ultium battery platform and Cruise autonomous units demonstrate GM’s OEM innovation. Its focus on reshoring production enhances supply chain resilience.

GM’s global presence and high-quality original parts support its transition toward zero-emission mobility. With extensive dealer and service networks, GM ensures the availability of original parts long after vehicle sales, boosting OEM credibility.

6. BMW Group – Engineering Precision in Every Original Part

BMW Group, with 2024 revenues of $139.79 billion, remains a leader among original equipment manufacturers in the premium vehicle space. Based in Munich, Germany, BMW produces original parts for BMW, Mini, and Rolls-Royce vehicles.

As an OEM, BMW is known for high-performance engines, efficient modular platforms, and advanced safety systems. Its original parts support consistent performance across global markets. The company also excels in producing drivetrain components for electric and hybrid vehicles.

BMW’s global network includes over 30 production and assembly facilities in 15 countries, enabling fast, scalable distribution of original parts. Sustainability is also central to BMW’s OEM mission, with a circular approach to battery production and the reuse of raw materials.

7. Honda Motor Company – Versatility in OEM Leadership

One of Japan’s most diversified original equipment manufacturers recorded $114.00 billion in 2024 revenue. Honda is a dominant force in automobiles, motorcycles, and power equipment.

Honda’s original parts business benefits from the company’s strength in both internal combustion engines and emerging electric mobility. From VTEC engines to lithium-ion powertrains, Honda’s OEM engineering supports a broad customer base.

Its ability to scale production globally—across North America, Asia, and Europe—ensures an efficient supply of original parts. Honda also excels in R&D for robotics and aviation, making it a multifaceted OEM with future-ready solutions.

8. SAIC Motor Corporation – China’s OEM Powerhouse

SAIC Motor, headquartered in Shanghai, is China’s largest original equipment manufacturer. It generated $114.00 billion in revenue in 2024. As a key partner to Volkswagen and General Motors in China, SAIC plays a central role in supplying original parts to joint-venture vehicles.

SAIC develops and manufactures original parts, including engines, transmissions, batteries, and electronic control units. The company’s innovation in electric mobility and AI-driven manufacturing further enhances its OEM profile.

SAIC’s state-of-the-art production centers in China support the rapid development of localized components. Its strong integration with global OEM brands ensures consistent quality and regulatory compliance.

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9. Hyundai Motor Company – South Korea’s Global OEM

Hyundai, with 2024 revenues of $105.12 billion, is one of the world’s most forward-looking original equipment manufacturers. Based in Seoul, South Korea, Hyundai produces original parts for Hyundai and Kia brands.

Hyundai’s OEM strategy revolves around EVs, fuel cell technology, and autonomous systems. The company’s Electric-Global Modular Platform (E-GMP) underpins its transition to electric mobility, requiring high-performance original parts.

Its smart factories in Ulsan and global facilities in the US, Europe, and India enable localized production of original parts. Hyundai’s OEM strength lies in its vertical integration—from steel manufacturing to vehicle assembly.

10. Stellantis NV – A Global OEM Merger Masterpiece

Stellantis, formed through the merger of Fiat Chrysler Automobiles and PSA Group, brought together a powerful OEM portfolio. With $101.32 billion in 2024 revenue, Stellantis ranks among the world’s top original equipment manufacturers.

Stellantis supports more than 14 global automotive brands including Jeep, Peugeot, Citroën, Dodge, and Alfa Romeo. Its original parts production includes engines, axles, infotainment systems, and increasingly, EV platforms under the STLA architecture.

Stellantis’ global footprint—spanning Europe, North America, and Latin America—supports broad original part manufacturing and distribution. The company’s strategic focus on electrification and shared mobility positions it as a forward-facing OEM leader.

These top 10 original equipment manufacturers exemplify excellence in industrial engineering, supply chain mastery, and innovation. From traditional automakers like Toyota and Ford to tech-integrated OEMs like Hyundai and SAIC, these companies shape the global economy through their original parts and scalable platforms.

For manufacturers and suppliers looking to partner with OEMs, these firms offer reliability, innovation, and market reach. In 2025 and beyond, OEMs will continue to drive value through sustainability, electrification, and digital transformation