Looking to buy a new vehicle? You may have less choice than you might think - a total of 14 companies actually control 54 brands in the auto industry

Here are the car companies whose brands you are likeliest to come across in Europe and the Americas.

Tesla, the innovative electric car company led by Elon Musk, has once again captured the world's attention with the unveiling of its highly anticipated Cybertruck. With its futuristic design and groundbreaking features, the Cybertruck represents Tesla's bold foray into the pickup truck market, aiming to revolutionize an industry known for its tradition and toughness.

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Ford Motor Company announced last week that it would stop producing cars in India as the global auto industry continues to grapple with a shortfall in semiconductors and other components due to supply chain disruptions.

These 14 car companies control a combined 60 brands –– find out the pros and cons of having a few major players in the industry.