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 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 a mature phase.
In the ten years to 2019, the annualized growth rate of industry value added is expected to be 11.0%, higher than China's annual GDP growth of about 7.3% 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. These new products also used new technologies... purchase to read more