Industry Analysis & Industry Trends
Revenue of the Automobile Manufacturing industry is expected to total $386 billion in 2011, up 14.6% from 2010 (constant 2011 US dollars). Industry revenue has increased at an annualized rate of 23.9% during the past five years. This strong growth was mainly driven by the substantially increasing domestic demand across urban and rural areas, and increased exports.
Industry profits peaked at 8.5% in 2007 due to high domestic demand and exports, cost controls by auto manufacturers, and stable pricing levels. However, profit margins declined to 6.2% in 2008 due to weaker local demand, falling prices, rising production costs and increased sales of low-priced and low-profit cars. Industry profitability increased to 7.8%... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Automobile Manufacturing industry in China has been in the growth phase of its life cycle for over a decade. Favorable government policies boosted automobile sales in 2009, and the strong growth continued in 2010. However, as industry competition intensifies and the number of mergers and acquisitions increases, this industry is moving towards its mature phase after 2016.
In the five years to 2011, the annualized growth rate of industry value added is expected to be 22.7%, higher than China's GDP growth of about 9.5% during the same period.
From 2006 to 2009, the numbers of new passenger automobile models launched into market were 46, 117, 107 and 221, respectively... purchase to read more