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 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 2020, the annualized growth rate of industry value added is expected to be 7.6%, higher than China's annual GDP growth of about 6.5% during the same period.
In order to expand market share and meet diversified market demand, automobile manufacturers have been launching new types of automobiles. These new products also used new technologies... purchase to read more