Australian Car Manufacturing Industry Comes to an End

The purpose of this report is to become familiar with research tools, to introduce a framework for secondary industry research and gain to practical experience in creating an executive summary. This research paper looks at a broad set of indicators on the Canadian new vehicle industries. The Canadian automotive industry produces light duty vehicles — cars, vans, pickup trucks; heavy duty vehicles—trucks, transit buses, school buses, military vehicles; and a wide range of parts, components, and systems used in vehicles of this nature. To complement its manufacturing activities, the industry boasts a well-developed vehicle dealer network, plus an aftermarket organization which has grown into a world-class distribution system and service provider (Canadian automotive industry, 2014). Canada accounts for a small amount of 4.6% of the Americas new cars market value (New Cars in Canada, 2016). Throughout the project I became more aware of how much the industry is worth. The worlds automotive industry accounts for around $1 trillion in annual sales. (Canada’s Auto and Auto Parts Industry Industrial Outlook, 2006). However, in 2015 the Canadian new cars market had total revenues of $15.0 billion. The market is expected to grow substantially by 18% in 2020 (New Cars in Canada, 2016).

With the upcoming Presidential election, there is a very real possibility of big political challenges; as well as, major changes to international trade policies facing the American Automotive Companies. Political changes, locally and abroad, are having an effect on the automotive industry. Britain recently voted to exit the European Union; this event, which is being called Brexit, is having a ripple effect across the world. The full result of Brexit won’t be known for two years or more, but with the automotive industry having such a large presence in the U.K, an anticipated change is in full effect. In general, for the next two years, global automakers will need to pay attention to the market; be prepared for unanticipated changes; and ready for the possible need of contingency plans. This is especially crucial as negotiations take place between Britain and the EU. Ian

This individual contemporary economic analysis is based on the article “South Australia stunned as GM announces Holden’s closure in Adelaide in 2017” published by news.com.au on 12 December 2013. The article reported that because of the significant after-tax operating loss, consumers’ performances shift and high production cost, the Productivity Commission that GM in Detroit decided to close operations in Australia.

Recently on 11 December 2013, Holden announced that it would stop production of Holden vehicles in Australia. The decision by the auto transnational signals a massive escalation in the assault on the living standards and social rights of the employed class across Australia. The entire Australian car industry aspects the potential of being liquidated, with hundreds of thousands of jobs destroyed.

With a GDP of over $1 trillion USD, the Australian economy is among the largest in the world (Cornett and Saunders, 2014). Australia is trading partners with the United States, China, and Japan, but their economic ties are mainly centered in the Pacific Rim. Exports are crucial to the country’s GDP and this has created problems regarding sustainability in the Australian economy.

Many Australian businesses are now outsourcing, or shifting their production or services offshore where there is cheap

In many ways, the automotive industry has huge impacts on Canada. The impact it has creates jobs, and services. It also boosts economy and contributes to its success. Over the last two decades, the automotive industry has been a leading contributor to Canada’s economy and is a primary factor as to whether or not the economy will be successful. There are many contributing branches of the sector that allow it to be successful. This is shown through the production and manufacturing of vehicles, as well as the sale of the vehicles. The automotive industry has had a significant impact on Canada’s economy over the last 10 years. If the production and sale of domestic vehicles were to decline, Canada’s economy to be severely crippled and fall

The purpose of this paper will be to explain how the supply and demand as well as the elasticity of demand exists for the automobiles produced by the Ford Motor Company. The early history of the company through the present will be highlighted in an effort to show how the firm became a global leaders in the production of automobiles.

Holden is a totally had right hand of General Motors (GM), the world 's most paramount vehicle creator. Holden uses around 9,200 people far reaching and has made more than six million vehicles. The connection 's valid working workplaces are arranged at Fisherman 's Bend (particular center, alliance, and engine accumulating plant), Dandenong (affiliation parts operation) and Lang (showing ground) in Victoria; and what 's more at Elizabeth (vehicle social event plant) in South Australia. With a particular finished objective to sustain wishes for improvement, Holden must add to the movements and limits that will be required to fight in the general business focus. The test for connection is to be versatile and expense centered in things and procedures, while going on mechanically impelled things in volumes that may change by and large after some time. As a piece of this test, a key issue for Holden to consider is giving versatile working courses of action to delegates in an exceedingly managed and focused assembling environment, while ensuring future sensibility and general forcefulness. The general auto industry is encountering quick change with recommendations for Holden 's business. Holden is always considering developments in the outside environment that may affect the future suitability of its business and as an indispensable bit of this activity, is at present undertaking. Holden defying the weaknesses due the slant need in the business now Holden is endeavoring to address

Business 's are the most crucial factor to the Australian economy. Without them, the economy would not be. Their core purpose is to meet the ever-growing demands of consumers, both nationally and internationally, through the production of goods and services. The business this report will be focusing on, which not only operates in Australia but in various countries around the world, most notably; New Zealand, however, also with a slowly expanding market-share in both Asia and the Middle East is the Holden/General Motors group, a well established Australian car manufacturing company, in which holds one of the top market shares for the car industry in Australia.

According to the case, Brazil’s first step toward developing their automobile industry was the creation of a “target plan” in 1956, which in theory gave automobile companies an ultimatum: produce their vehicles in Brazil with 90% to 95% local content in five years and have financial incentives included or leave the Brazilian market all together. Brazil’s motive behind this enforcing this plan was most likely in an effort to have the country entitled to the financial incentives that would arise from these multinational automobile companies producing their vehicles in Brazil.

In 1913, Henry Ford revolutionized product manufacturing by introducing the first assembly line to the automotive industry. Ford’s hallmark of achievement proved to be a key competence for the motor company as the low cost of the Model T attracted a broader, new range of prospective car-owners. However, after many decades of success, customers have become harder to find. Due to relatively new threats to the industry, increasing numbers of cars and trucks are parked in dealer lots and showrooms creating an alarming trend of stagnation and profit erosion. Foreign-based automakers, such as Toyota and Honda, have expanded operations onto domestic shores and, in turn, have wrestled

The United States Automotive industry has been dominated by five major auto manufacturers: GM, Toyota, Ford, Chrysler, and Honda. As globalization increases the domestic automotive market (GM, Ford, Chrysler) suffers from foreign competitors. Although with high entrance barriers the market suffers little to none from new entries. There are several reasons for this the largest being capital. It takes a lot of capital to obtain manufacturing plants, raw materials, as well as to hire and train employees. PASTEL Analysis

The invention of automobiles had been dated long back in history. From that day till now, it had not only made our lives easier but also simpler. From times back then till now many big automobile companies had came into existence, some of them were successful and some were not, thus going out of market and competition. Among them, Porsche and Volkswagen Group(VW) have emerged as one of the world leaders in automobile industry. Through years of hardwork and sheer use of technology and engineering developments, both of these companies have carved a name for themselves in their respective markets. But sometimes, bad management and several areas of conflict arise between two companies that can lead to its downfall. In this case too the CEO of Porsche, just wanted to administer each and everything according to his own ways and rules, but on the other hand the CEO of Volkswagen, even after facing huge loses wanted to continue on with his strategy because he was quite confident about his strategy and clearly had a broader outlook of the scenario. Therefore, due to having different mindsets, there was a conflict between the ideas of two which led to the decline of one of them. These conflicts can be summed up in the following couple of questions:

Such difficulties could not have come a worse time, when Lars was already concerned by the world-wide trend of major manufacturers in the automobile industry to rely on fewer suppliers. He knew that Toyota, which industry observers continually cited for its productivity gains, relied on only 320 suppliers, while Volvo had over 600. Headlines such as “Volvo will reduce number of suppliers; pressure on sub-contractors” in Dagens-Nyheter, one of Sweden’s major daily newspapers, did not help his peace of mind.