Industry Analysis & Industry Trends
Revenue for the Automobile Manufacturing industry was estimated to total $600.4 billion in 2015, up 5.3% from 2014. Industry revenue has been increasing at an annualized rate of 9.9% during the past five years, driven by rising domestic demand across urban and rural areas and increasing exports.
Industry profitability was relatively low in 2008 at 6.2% of revenue, due to weaker local demand, falling prices, rising production costs and increased sales of low-priced and low-profit cars. Since then, however, profit margins have been widening as the industry benefited from booming automobile sales growth. Profit was estimated at 10.8% of revenue in 2015.... purchase to read more
Industry Report - Industry Locations Chapter
Automobile manufacturing is concentrated in six major areas: Jilin, Guangdong, Shanghai, Shandong, Hubei and Beijing, which are expected to hold a joint market share of 59.8% in 2015.
FAW Group is located in Jilin; Guangzhou Automobile Industry Group is located in Guangdong; SAIC Group in Shanghai; Dongfeng Motor, Hubei; and Beijing Auto is located in its namesake Beijing. These large automobile manufacturers contribute to the large revenue shares of the areas.
Shandong province has several medium-sized automobile manufacturers such as China National Heavy Duty Truck Group, Shifeng Group, Zhong Tong Bus and KAMA Automobile... purchase to read more