Industry Analysis & Industry Trends
Revenue for the Automobile Manufacturing industry is expected to total $559.8 billion in 2014, up 11.3% from 2013. Industry revenue has been increasing at an annualized rate of 14.2% 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 is estimated at 10.8% of revenue in 2014.... purchase to read more
Industry Report - Industry Key Buyers Chapter
Industry concentration measures the extent to which major players dominate an industry. The top four industry participants (Shanghai Automotive, FAW, Dongfeng and ChangAn) are forecast to account for a combined market share of 46.4% of industry revenue in 2014.
In the passenger vehicle segment, the top ten participants, which includes SAIC-GM-Wuling, Shanghai GM, Shanghai Volkswagen, and FAW Volkswagen, accounted for about 84.0% of the entire passenger vehicle sales volume in 2013. In the commercial vehicle segment, the figure was about 72%. This represents a high level of industry concentration, with no one firm totally dominating the industry... purchase to read more