Europe is also home to many prestigious car companies such as BMW , Ferrari , Jaguar , Land Rover , Maserati , Mercedes , Porsche , as well as volume manufacturers such as Fiat , PSA group , Renault and Volkswagen .
Prestigious car companies such as Aston Martin , Lamborghini and Mercedes-Benz , and other volume manufacturers such as Dacia , Citroen , Opel , Peugeot , Seat and Volvo have their headquarters in Europe .