What is a takeover in cars?

A takeover in cars refers to an acquisition of one car company by another. This can happen for various reasons, such as to gain a competitive advantage, access new markets, or increase market share.

Takeovers in the automotive industry are common and can significantly impact the industry landscape. Some well-known examples of takeovers in the car industry include Ford's acquisition of Jaguar and Volvo, Volkswagen's acquisition of Porsche, and General Motors' acquisition of Saab.

Takeovers in the car industry can be complicated and often require approval from regulators and shareholders. They can also lead to changes in management, product offerings, and brand positioning. Overall, takeovers in the car industry are important strategic moves that can shape the future of automotive companies.