StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

The analysis of international competitiveness of China's auto manufacturing industry - Dissertation Example

Cite this document
Summary
THE ANALYSIS OF INTERNATIONAL COMPETATIVENESS OF CHINA’S AUTO MANUFACTURING INDUSTRY Introduction: The auto manufacturing industry is a liberating and expanding technology for the people around the world with the economic development all around the world the demand for the personal automobile for each individual is also increasing…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.8% of users find it useful
The analysis of international competitiveness of Chinas auto manufacturing industry
Read Text Preview

Extract of sample "The analysis of international competitiveness of China's auto manufacturing industry"

Download file to see previous pages

With the boost in expansion of the industry the international auto industry has become a key sector of the economical growth for each and every country in the world. The auto manufacturing industry has shown a great development and registered a growth rate of thirty percent increase in the last few decades in-between 1995-2005. The world’s auto manufacturing industry has produced and accounted for a sixty six billion cars, trucks, vans and buses during 2005. The auto manufacturing industry has been the single vast engine of the economic growth in the world.

With the deepening development of the economic globalization the auto manufacturing industry has obtained rapid and robust development in the recent years and has gradually established itself as the pillar of the nation’s economy. The auto manufacturing industry has contributed immensely towards the nation’s economy by means of production and job creation in the economy. As per the reports, a production of the sixty million vehicles paved the way for an employment of about nine million people directly in the production and the manufacturing of the automobile parts.

This accounted for over the five percent of the total manufacturing employment worldwide. It was approximated that each direct auto manufacturing job sustained that least five percent of the circuitous jobs in the society resulting in more than a fifty million jobs in the in the auto manufacturing industry. The actual results also meet the approximated figures in terms of the jobs opportunity provided by the auto manufacturing industry globally. In addition the auto manufacturing industry also provided employment opportunities for the in the manufacturing of the related goods and the service industry.

The vehicles produced by the auto manufacturer are essential in the functioning of the global economy and to the welfare of the world’s citizen. The global auto manufacturing industry also accounts for the chief innovator. The industry has developed through a constant research and development process of the technology which in turn facilitated for the cost effectiveness in production. This assures that the technological development in the auto manufacturing industry provides the backbone of a strong economy through the cost effective advantage.

Studies showed that the greatest auto manufacturing producing countries had invested in lump sum over their technological research and development wing for a smooth operation in the auto manufacturing sector. The entire world accounted for an investment of €84 billion on the research and development wing in the auto manufacturing sector. Auto manufacturing also accounted for a major contributor of revenue in the government sector all around the world making a contribution of more than €400 billion (OICA is the Voice Speaking on Automotive Issues in World Forums, 2007).

Growing environmental concerns amongst the consumers and the hike in the fuel prices are inspiring the auto manufacturing manufacturer to expand the portfolio of the small cars and this make a shift in the production of the automobiles for the future industry growth. This accounted for one of the competitive advantage of the automobile industry. For competing in the international auto manufacturing industry a nation needs to diversify into a new manufacturing model that will

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The analysis of international competitiveness of China's auto Dissertation”, n.d.)
The analysis of international competitiveness of China's auto Dissertation. Retrieved from https://studentshare.org/management/1484024-the-analysis-of-international-competitiveness-of
(The Analysis of International Competitiveness of China'S Auto Dissertation)
The Analysis of International Competitiveness of China'S Auto Dissertation. https://studentshare.org/management/1484024-the-analysis-of-international-competitiveness-of.
“The Analysis of International Competitiveness of China'S Auto Dissertation”, n.d. https://studentshare.org/management/1484024-the-analysis-of-international-competitiveness-of.
  • Cited: 0 times

CHECK THESE SAMPLES OF The analysis of international competitiveness of China's auto manufacturing industry

Porters Diamond Model in China Auto Industry

Toyota the largest manufacturing company in the world has adopted the hybrid strategy.... The following paper comprises several issues of the management process.... Notably, declining profits and falling market share often suggest many factors for which the organization might be facing such a problem and is of a huge concern for any organization....
8 Pages (2000 words) Assignment

International and Domestic Marketing Environment Analysis

The paper discusses demand-supply, expected sales & market share analysis, analysis of market entry mode, & strategies and estimated budget.... All the analysis has base on extensive literature, case studies, theoretical modes and sales tables and curves.... However, China's current cost of labor is significantly low and the government has referred to the situation as a pillar industry one with high growth potential.... The car industry in China continues to be attractive because the tariffs reduction in the industry intends to continue too much lower in the next few years....
12 Pages (3000 words) Essay

Economic Competitiveness of the EU in the Light of Growing Trade Expansion from China

This paper talks about the challenges that further economic development of China poses to the economic competitiveness of the leading European countries.... (Source: Eurostat, 2012) Although the trade deficit between for EU has been decreased from 75 billion euro to 67 billion euro in the first six month of 2012 but still the amount of deficit is large enough to impact the competitiveness of EU.... Although the trade deficit between for EU has been decreased from 75 billion euro to 67 billion euro in the first six month of 2012 but the amount of deficit is large enough to impact the competitiveness of EU....
12 Pages (3000 words) Essay

Foreign Direct Investment in China by Opening a Second Filter Factory in China

To get the right sense of Chinese economic production scale and the fact that the nation remains to be the world's manufacturing powerhouse, it is worth looking at the output levels of china's core industrial products.... china's economy rose spectacularly since the onset of its reform in 1978 growing at an average rate of 9.... However, china's economic growth of 2009 remained 9% and increased to 10% in 2010 after government injection of massive stimulus package; therefore, China economy quickly bounced back in high growth and was at the forefront in global economic recovery....
16 Pages (4000 words) Assignment

The Impact on the Automobile Industry in China

Negotiations over China's accession into the WTO immediately provoked a debate between "pessimists who believed that opening the economy would lead to a flood of imports and a de-nationalization of manufacturing industry, and those who believed that it would spur rationalization of state-owned enterprises, lock in domestic reforms, attract foreign investment, and open the way for trade expansion.... There were great expectations and tense presumptions in the matter of china's entry into the WTO....
14 Pages (3500 words) Essay

Textile Industry in USA

The US textile industry has a long history date back to the start of the American Industrial Revolution.... In spite of struggle from textile manufacturers in South America and Asia, which have reduced overheads as well as reduced wages, textile industry remains one of the largest, most varied, and most dynamic sections of the U.... textile industry of these days has altered significantly over the past couple of decades.... has the worlds most up to date and dynamic textile industry. At present, there are over 6,000 textile companies in the USA....
19 Pages (4750 words) Essay

The Impact on the Automobile Industry in China after Joining the WTO

Negotiations over China's accession into the WTO immediately provoked a debate between “…pessimists who believed that opening the economy would lead to a flood of imports and a de-nationalization of manufacturing industry, and those who believed that it would spur rationalization of state-owned enterprises, lock in domestic reforms, attract foreign investment, and open the way for trade expansion.... The long and arduous process of solidifying accession into the WTO was intense and many of the end results were surprising and particularly unexpected. The automobile industry in… China was relevantly included in the changes which took place as a result of china's entry into the WTO; economic figures and the overall alterations which took place on the automobile industry are extremely necessary in order to gain a full and proper view on the entire In the end, the entry of China into the WTO was considered a positive thing by most, although there are certainly those with contradictory opinions....
14 Pages (3500 words) Essay

Relationship between Job Satisfaction and Employee Job Performance: An Automobilecompany in China

Currently, there are more than 20 models of Chery available on Chery has accomplished a sustainable way of development by doing research and preparation while producing autos at the same time, which supports Chery updating its auto-making technology and making its products always follow the trend....
12 Pages (3000 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us