The Chinese Automotive Industry Competitiveness In Comparison With Global Competitors

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The Chinese Automotive Industry. Competitiveness in Comparison with Global Competitors

Author : Joshua Karcher
Publisher : GRIN Verlag
Page : 56 pages
File Size : 46,8 Mb
Release : 2019-09-04
Category : Business & Economics
ISBN : 9783346008862

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The Chinese Automotive Industry. Competitiveness in Comparison with Global Competitors by Joshua Karcher Pdf

Bachelor Thesis from the year 2018 in the subject Economics - Industrial Economics, grade: 1,0, University of Mannheim, language: English, abstract: The following thesis will answer the question: Did China develop a competitive domestic automotive industry? Therefore, the rest of the bachelor thesis is structured as follows: The next section will give an overview of the history and the current market structure of the Chinese automotive industry. The second section contains a literature review of the theory and the empiricism of spillover effects originating from Joint Ventures with foreign enterprises and Foreign Direct Investment. Subsequently, in the third section, the related literature is applied on the case of the Chinese automotive industry. The fourth section presents an application of the infant industry protection argument on the Chinese automotive industry. The fifth section includes an analysis of trade data in order to access the competitiveness of the Chinese automotive industry. Afterwards, there will be a conclusion and an outlook of the possible future developments of the Chinese automotive industry. Since the beginning of economic reforms in China, protection, Joint Ventures, and Foreign Direct Investment played a significant role in the Chinese economic policy to promote industrial development. This is also the case for one of the global most important industries; the automotive industry. The automotive industry is a pillar industry with a vast number of linkages throughout the economy and plays a major role in driving China's economic growth and in ensuring employment. The Chinese government followed the idea of an infant industry protection argument and imposed tariffs and quotas on automobiles and automobile components to promote the development of the automotive industry. Further, the policymakers strived for spillovers originating from foreign Joint Venture partners and Foreign Direct Investment. Like other Chinese industries, the automotive industry experienced massive growth over the last four decades, making China, since 2008, the economy with the largest automobile output globally, surpassing Germany, the US, and Japan. However, there does not exist a single Chinese automobile brand, which can sell more than a few of its Chinese branded cars in the markets of developed countries. This situation raises some questions about the real strength and competitiveness of the Chinese automotive industry.

Comparison study in a car industry between China and Germany

Author : Anonim
Publisher : GRIN Verlag
Page : 10 pages
File Size : 53,7 Mb
Release : 2007-02-07
Category : Business & Economics
ISBN : 9783638606936

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Comparison study in a car industry between China and Germany by Anonim Pdf

Seminar paper from the year 2006 in the subject Business economics - Investment and Finance, grade: 2,0, Ocean University of China, 6 entries in the bibliography, language: English, abstract: In Germany as well as in China, the automobile industry is one of the dominating sectors. Many economic activities like tire industry, plastics industry, metal processing rely on automobile. With changing technologies, production concepts, strategies and products, the car industry is often an initiator of innovations in other industries. Its success has been due to the technological competencies of manufacturers, suppliers and their respective employees. In this essay, I am going to describe the differences or similarities in a car industry between China and Germany, focusing on history, current facts, figures and other economic issues.

Market Entry Concepts of Chinese Automotive Companies into the European Market

Author : Ramona Blietz
Publisher : GRIN Verlag
Page : 90 pages
File Size : 45,7 Mb
Release : 2016-11-08
Category : Business & Economics
ISBN : 9783668336544

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Market Entry Concepts of Chinese Automotive Companies into the European Market by Ramona Blietz Pdf

Master's Thesis from the year 2015 in the subject Economics - International Economic Relations, grade: 1,3, Berlin School of Economics and Law (IMB), language: English, abstract: This paper investigates Chinese automotive companies’ internationalisation activities into the European market. They are still short on experience and young in history. Since the Chinese economy has only gradually liberalised after 1978, the industry has been highly influenced by joint venture activities with foreign automobile companies in China.12 years ago, Chinese automotive companies started to internationalise. Dunning’s eclectic paradigm is utilized as academic foundation and related motives and entry modes are aligned to current Chinese activities. In early attempts to enter Europe there was a predominant resource-seeking motive, while later market-seeking reasons became more obvious and have dominated the activities since. So far, ownership-specific advantages do not play a major role in terms of valuable intangible assets like patents, whereas location specific determinants are significant, especially in terms of governmental impact. Additional home market advantages in labour endowment, resources, legal environment and strong finan- cial resources give Chinese automakers an edge and prepare them to further internationalise. However, regarding all OLI forces, there are still no outweighing advantages over European competitors. The interviewed experts do not expect a noticeable market entry with significant sales volume within the next ten years. To date, Chinese exports and FDI in Europe are the most relevant modes even though visibility is marginal. According to industry experts, companies like Qoros, BYD and Geely are possible candidates to succeed on the European market in the future. Other brands, which failed to enter Europe, e.g. due to lacking safety standards, are yet still opinion-forming. It is concluded, that if China’s automotive industry consolidates and advances technologically, it will be prepared to successfully compete on global markets, in particular Europe. The acquisition of European car manufacturers represent – in this context – a feasible possibility to speed up the process and offset technological deficiencies.

Automotive Industry: the Competitive Challenge to U.S. Companies. Statement of Allan I. Mendelowitz, Director, International Trade, Energy, and Finance Issues, National Security and International Affairs Division

Author : Anonim
Publisher : Unknown
Page : 28 pages
File Size : 49,8 Mb
Release : 1992
Category : Electronic
ISBN : UOM:39015075407950

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Automotive Industry: the Competitive Challenge to U.S. Companies. Statement of Allan I. Mendelowitz, Director, International Trade, Energy, and Finance Issues, National Security and International Affairs Division by Anonim Pdf

Industrial Competitiveness of the Auto Parts Industries in Four Large Asian Countries

Author : Richard F. Doner,Gregory W. Noble,John Ravenhill
Publisher : World Bank Publications
Page : 76 pages
File Size : 50,5 Mb
Release : 2006
Category : Auto Industry
ISBN : 8210379456XXX

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Industrial Competitiveness of the Auto Parts Industries in Four Large Asian Countries by Richard F. Doner,Gregory W. Noble,John Ravenhill Pdf

Abstract: Rationalization and stabilization following the Asian financial crisis of the late 1990s combined with the expansion and liberalization of regional and global trade to create significant parts industries in China, Indonesia, and the Republic of Korea. Conventional policies of stabilization and liberalization, however, cannot fully explain growth patterns. Japan and Korea grew into major players before liberalizing trade and investment, while even after extensive liberalization Indonesia has yet to move from extensive to intensive growth. These anomalies suggest that to explain success in the auto parts industry we need to move beyond liberalization to look at policies and institutions promoting economies of scale, skill formation, quality upgrading, supplier-linkage cooperation, and innovation. In Japan, the regional and global leader, innovative assemblers led industrial development and supported key suppliers, but the government also supported diffusion of quality control techniques and new technology to small and medium enterprises, and encouraged stable employment among core employees. Korea remains weaker on both small and medium enterprise and employment fronts, but government-encouraged consolidation around a small number of business groups, an extended period of protection, and support for export promotion led to economies of scale. Liberalization of foreign investment after the financial crisis helped ameliorate the excessive statism of earlier policies and strengthened the parts industry. In China, liberalization for WTO entry, rapid expansion in demand, and strong support by local governments encouraged a wave of foreign investment in both assembly and parts. In contrast, institutional weaknesses continue to constrain development opportunities in Indonesia.

Designated Drivers

Author : G. E. Anderson
Publisher : John Wiley & Sons
Page : 337 pages
File Size : 45,5 Mb
Release : 2012-06-19
Category : Business & Economics
ISBN : 9781118328859

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Designated Drivers by G. E. Anderson Pdf

Offers insight into the Chinese economy through the lens of the auto industry, uses case studies to illustrate China's explosive growth over the last three decades, and explores the strengths and weaknesses of the Chinese economy.

China's Impact on the U. S. Automotive Industry

Author : Stephen Cooney
Publisher : DIANE Publishing
Page : 26 pages
File Size : 45,8 Mb
Release : 2011
Category : Business & Economics
ISBN : 9781437939293

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China's Impact on the U. S. Automotive Industry by Stephen Cooney Pdf

This is a print on demand edition of a hard to find publication. China is both the fastest growing motor vehicle market and the fastest growing vehicle producer. Contents of this report: (1) Introduction; (2) China Becomes a Major Motor Vehicle Producer; (3) Foreign Investors in Chinese Motor Vehicle Industry: General Motors Now the Market Leader; Independent Production vs. Foreign Cooperation; (4) Impact of China on the U.S. Automotive Market: Chinese-Made Vehicles Not Imminent Factor; Major Chinese Impact in Automotive Parts; Competitive Labor Costs; (5) U.S. Policy Issues in Economic Relations with China; Administration Focus on Chinese Auto Sector Commitments; Congressional Concerns with Competition from China; (6) Conclusion. Charts and tables.

Internationalization of Chinese Automobile Companies

Author : Garnet Kasperk,RWTH Aachen University. Center for International Automobile Management. CIAM
Publisher : Lulu.com
Page : 276 pages
File Size : 52,6 Mb
Release : 2011
Category : Biler
ISBN : 9781447839545

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Internationalization of Chinese Automobile Companies by Garnet Kasperk,RWTH Aachen University. Center for International Automobile Management. CIAM Pdf

Sustaining Industrial Competitiveness after the Crisis

Author : L. Ciravegna
Publisher : Springer
Page : 177 pages
File Size : 49,7 Mb
Release : 2012-05-22
Category : Business & Economics
ISBN : 9781137010988

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Sustaining Industrial Competitiveness after the Crisis by L. Ciravegna Pdf

Adopting a multi-disciplinary approach and using the case of the automotive industry as a starting point this volume discusses how industrial companies can remain competitive in spite of the current economic downturn.

Geely Drives Out: The Rise Of The New Chinese Automaker In The Global Landscape

Author : Hua Wang,Giovanni Balcet,Wenxian Zhang
Publisher : World Scientific
Page : 316 pages
File Size : 46,6 Mb
Release : 2021-07-13
Category : Business & Economics
ISBN : 9789811234446

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Geely Drives Out: The Rise Of The New Chinese Automaker In The Global Landscape by Hua Wang,Giovanni Balcet,Wenxian Zhang Pdf

Since 2008, while the global automotive manufacturing has been faltering, the Chinese auto industry has been swiftly transformed into the largest producer in the world. The growth of the Chinese automakers is a close reflection of China's powerful manufacturing economy, and Geely Auto is one such best example. This book closely examines the rise of Geely as a privately-owned automaker in China. From its humble beginning as a refrigerator component maker and motorcycle manufacturer in the late twentieth century, Geely has grown to become not only a top selling national brand in China, the largest auto market in the world, but also a significant player in the global automotive industry. The book studies Geely's successful acquisition of Volvo, within a long-term framework of asset-seeking foreign direct investment, and then further investigates its recent strategic initiatives with Daimler, London Taxi, PROTON and Lotus. The book reveals how the little-known carmaker is worth close examination, via its product development, organizational dynamics, corporate culture, brand development, talent and cross-cultural management strategies, as well as the entrepreneurship of its visionary founder Shufu Li. From catching up in technology to a leader in product, service and business model innovations, Geely has driven out as a new Chinese automaker on the world stage. Facing challenges in clean energy and Internet of Things, artificial intelligence, new user's experience towards smart and mobility solution, Geely will continue to play an increasingly important role in the globalization age of the twenty-first century.

Decoding China's Car Industry: 40 Years

Author : Anding Li
Publisher : World Scientific
Page : 392 pages
File Size : 41,8 Mb
Release : 2021-12-02
Category : Business & Economics
ISBN : 9789811241123

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Decoding China's Car Industry: 40 Years by Anding Li Pdf

This book is an authentic multidimensional history of the car industry in China. 40 years, attempts were made to change the status quo, such as breaking the 220% tariff barrier and setting limits when opening up to international car companies. It was not until the beginning of the 21st century that ordinary people in China started to own cars. This led to rapid growth of the Chinese car industry since the 21st century. However, the industry is facing its biggest challenge due to conflict between China's economic and social values. The author, as a media person chronicling cars in China, has witnessed, experienced, and even participated in the development process of the industry. Weaving in juicy tales, interesting details, and rare pictures, the readers are taken on an exhilarating ride through the story of cars in China.

Personal Cars and China

Author : Chinese Academy of Engineering,National Academy of Engineering,National Research Council,Policy and Global Affairs,Development, Security, and Cooperation
Publisher : National Academies Press
Page : 281 pages
File Size : 46,9 Mb
Release : 2003-02-05
Category : Science
ISBN : 9780309169103

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Personal Cars and China by Chinese Academy of Engineering,National Academy of Engineering,National Research Council,Policy and Global Affairs,Development, Security, and Cooperation Pdf

This collaborative study between the NRC and the Chinese Academy of Engineering (CAE) addresses the problems facing China in the next twenty years as it attempts to provide personal transport desired by millions of Chinese, while preserving the environment and the livability of its cities. According to Song Jian, president of the CAE, the decision has already been taken to produce a moderate cost family car in China, which will greatly increase the number of vehicles on the roads. This study explores the issues confronting the country, including health issues, the challenge to urban areas, particularly the growing number of megacities, environmental protection, infrastructure requirements, and technological options for Chinese vehicles. It draws on the experience of the United States and other countries and review model approaches to urban transportation and land use planning. Recommendations and policy choices for China are described in detail.

China's Automotive Modernization

Author : Gregory T. Chin
Publisher : International Political Economy Series
Page : 334 pages
File Size : 40,9 Mb
Release : 2010-01-29
Category : History
ISBN : NWU:35556039332259

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China's Automotive Modernization by Gregory T. Chin Pdf

As a window for understanding the relationship between globalization and the state's pursuit of national industrial development, this book examines how and why the Chinese government succeeded in leveraging China's international competitive advantages to modernize the country's automotive industry from 1978 to 2001.

Japan and the Global Automotive Industry

Author : Koichi Shimokawa
Publisher : Cambridge University Press
Page : 128 pages
File Size : 40,5 Mb
Release : 2010-06-03
Category : Business & Economics
ISBN : 9781139489331

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Japan and the Global Automotive Industry by Koichi Shimokawa Pdf

The Japanese automotive industry enjoyed spectacular success in the 1980s. This was largely due to the so-called 'Lean Production System' - the combination of an efficient production system, an effective supplier system, and a product development system. In the 1990s the industry fell on hard times because of the Japanese asset price bubble and extreme currency appreciation. In this book, eminent industry specialist Koichi Shimokawa draws on his thirty years of research and fieldwork with Japanese and American firms, to show how the Japanese automotive industry has managed to recover from this difficult period. He shows how firms like Toyota were able to transfer Japanese systems to overseas plants and how they have changed in order to compete in increasingly globalized markets. In addition, the book also addresses the two major challenges to the current industry model: the rise of China and the environmental and energy supply situation.

Consumer behavior analysis of Chinese Auto Industry against foreign giant companies

Author : Alex Ngumbi
Publisher : GRIN Verlag
Page : 13 pages
File Size : 47,7 Mb
Release : 2013-12-04
Category : Business & Economics
ISBN : 9783656554745

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Consumer behavior analysis of Chinese Auto Industry against foreign giant companies by Alex Ngumbi Pdf

Seminar paper from the year 2012 in the subject Business economics - Business Management, Corporate Governance, grade: A, University of Cambridge, language: English, abstract: This research study aims at making great contribution to the existing literature on country of origin concept from the viewpoint of the Chinese customers. This study will specifically investigate two key points. Firstly, the significance of the manufacturing nation of the product compared to the attributes of the choice of the Chinese consumers and secondly, the relative significance of the country image aspect of the consumer’s preference of the foreign goods. It is important to conduct a systematic investigation regarding the concept of country of origin in the developing countries as it has its effects on the exporters, foreign manufacturers, domestic manufacturers, marketers, and various channel intermediaries wishing or doing business in such countries. It also has its effect on the policy makers and government of the developing nations trying to develop domestic manufacturing competencies during intense competition from the foreign brands and also for the academics that are interested in comprehending the behavior of the consumers in the developing countries (Barbosa, 2010).