GearCity: December 2021 Update for October 15, 2026

Mergers

In 2020, only 11 automotive corporations posted profits. This set the stage for the shift in the automotive world, resulting in Urza rising to the number-one spot. Urza's purchase of Bakas for $6.9 billion prompted the shift, and NowDrive and Cayalili followed suit, settling for $20.7 and $17.2 billion, respectively.

These moves shift power from Germany to Iran. This marks the first time in history that a Middle Eastern automaker, through this move, not only shifted power from a manufacturing perspective but also expanded into Japan, France, Greece, Italy, Sweden, and Germany.

This shift is a result of BW, Gusboard, and Emerson Motors operating with negative profits for most of 2019 and 2020. This prompted Emerson Motors to reorganize products and pricing to stay relevant moving into 2021 while BW and Gusboard continue to struggle to control costs. The previously mentioned has taken a page from Urza in the purchase of a longtime strategic alliance partner, Motorback, to gain a better position in the China, South Korea, and Japan auto markets.

With gas prices at $4.19, many automakers are shifting towards smaller, more fuel-efficient vehicles as a result of the fuel rate rising to $1.99 per gallon. This long-term high rate has put pressure on Emerson Motors, which is currently the only automaker producing fully electric vehicles, to reduce its costs in order to produce more of these battery-powered vehicles.

Car of the Year

Hinduman won the car of the year with its 2021-designed subcompact vehicle, which offers customers 113 horsepower and 79 foot-pounds of torque from its 1-4 engine. It sends power to the front wheels through a 4-speed automatic transmission with double wishbone suspension at all 4 corners.

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