High-speed collision: Production has slowed in response to depressed vehicle sales

The Car and Automobile Manufacturing industry has experienced strong growth over the five years to 2018. General improvements to the economy and heavy buying activity from integral downstream markets are expected to bolster revenue. Moreover, declining prices of oil and crude oil have helped bolster demand for industry products such as sedans, and compact cars, although not as much as it has aided purchases of trucks. Automakers have also done well to respond to shifts in consumer preference. In line with increasing environmental concerns, automakers have altered operations, expanding production of hybrid and compact vehicles which is nearly set to surpass midsize sedans as the industry's largest product...purchase to read more.

Industry Statistics & Market Size
Revenue
$138bn
Annual Growth 13-18
2.1%
Forecast Growth 18-23
Profit
Employment
84,149
Businesses
190

Industry Threats & Opportunities

  • As demand has increased, industry operators have focused more on product innovation to capitalize on shifting consumer tastes
  • Operators have made a concerted effort to reduce wages and improve efficiency
  • Rising fuel prices are set to hurt the industry moving forward
  • Industry Report - Industry Analysis Chapter

    Companies in the Car and Automobile Manufacturing industry produce midsize and large sedans, compact and subcompact passenger cars as well as luxury vehicles. Over the five years to 2018, industry performance has been strong, largely due to upward trends of key macroeconomic indicators. Since 2013, rises in employment, disposable income and the stock market have helped foster positive general perception about the strength of the US economy. This perception has also been boosted by falling fuel prices over the five years to 2018. As a result, the Consumer Confidence Index has been strong throughout the period.Increased consumer sentiment was further assisted by historically low interest rates. Wit...purchase to read more.

    Additional Insights for the Car & Automobile Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Car & Automobile Manufacturing Industry are

  • Strong supply chain links
  • Establishment of export markets
  • Use of most efficient work practices
  • IBISWorld analysts also discuss how external factors such as New car sales and Consumer Confidence Index in the Car & Automobile Manufacturing industry impact industry performance..

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    What's in this report

    What is the Car & Automobile Manufacturing Industry?

    Companies in the Car and Automobile Manufacturing industry manufacture cars and automobile chassis. These operators, which are referred to as automakers, typically produce cars, including electric cars, in assembly plants. The manufacturing of light trucks (e.g. vans, pickups and SUVs), heavy trucks and motorcycles is excluded from this industry.

    Industry Products
  • Compact and subcompact cars
  • Midsize sedans
  • Large cars
  • Luxury cars
  • Industry Activities
  • Automobile assembling
  • Automobile chassis
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • New car sales
  • Consumer Confidence Index
  • Trade-weighted index
  • World price of crude oil
  • Yield on 10-year Treasury note

  • Current Performance
  • Economic conditions and fuel prices
  • Greater efficiency
  • Global landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Fuel prices and regulations
  • Costs and capacity
  • Trade and threats
  • Table: Car & Automobile Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Car & Automobile Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Automobile Wholesaling
  • New Car Dealers
  • Car Rental

  • Key Selling Industries
  • Automobile Brakes Manufacturing
  • Automobile Electronics Manufacturing
  • Automobile Engine & Parts Manufacturing
  • Automobile Interior Manufacturing
  • Automobile Metal Stamping
  • Automobile Steering & Suspension Manufacturing
  • Automobile Transmission Manufacturing
  • Battery Manufacturing
  • Iron & Steel Manufacturing
  • Paint Manufacturing

  • Products & Services
  • Midsize sedans
  • Compact and subcompact cars
  • Large cars
  • Luxury cars
  • Chart: Car & Automobile Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Wholesalers
  • Exports
  • Automobile Dealerships
  • Leasing companies
  • Government
  • Chart: Major Market Segmentation for the Car & Automobile Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Car & Automobile Manufacturing

  • Basis of Competition
    InternalExternal
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Car & Automobile Manufacturing Industry

  • Industry Globalization
    Toyota Motor Corporation, Ford Motor Company, General Motors Company, Fiat Chrysler Automobiles NV,
  • Table: Toyota Motor Corporation - financial performance
  • Table: Ford Motor Company - financial performance
  • Table: General Motors Company - financial performance
  • Table: Fiat Chrysler Automobiles NV - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Car & Automobile Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Car & Automobile Manufacturing Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • New car sales (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Domestic Internationals
  • The Japan-based automakers operating in the United States: Toyota, Nissan and Honda.
  • Hybrid
  • A car that runs on an electric battery combined with a gasoline engine to be more fuel efficient than a standard car.
  • Sport-Utility Vehicle (Suv)
  • A rugged automotive vehicle similar to a station wagon but built on a light-truck chassis.
  • The Big Three
  • The three biggest domestic automakers: General Motors, Ford and Chrysler.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Car & Automobile Manufacturing provides up-to-date sales and market data, allowing you to identify the product and customer segments driving revenue growth. The report identifies the leading companies in the industry, and offers strategic analysis of the key factors influencing the market. Our data forecasts are accompanied by full analysis to illustrate how the market is responding to dominant and emerging trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Car & Automobile Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Car & Automobile Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Car & Automobile Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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