Econ0602-Lecture-8(car)

Econ0602-Lecture-8(car) - ECON 0602 Lecture 8 Outline The...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
ECON 0602: Lecture 8 How Does FDI Shape Domestic Competition: The Car Industry 2/91 HKU ECON 0602 ® LARRY QIU Outline ± The world automotive industry ± History of China s auto industry ± Demand: What affect it? ± Entry: Is it still possible? ± Competition: Is the profit very thin? ± Future: Driving abroad? 3/91 HKU ECON 0602 ® LARRY QIU ± The industry of industries ± 60m cars and trucks a year ± Half of the world’s oil consumption ± Half of the world’s annual output of rubber ± 25% of glass ± 15% of steel ± 10% of GDP in rich countries. The World Automotive Industry 4/91 HKU ECON 0602 ® LARRY QIU The world’s top ten car manufacturers, 2007 Units produced (million) Units produced (million) GM 9.35 PSA-Peugeot Citroen 3.46 Toyota 8.53 Nissan 3.43 Volkswagen 6.27 FIAT 2.68 Ford 6.25 RENAULT 2.67 Honda 3.91 Hyundai 2.62 Sales revenue? Market capital?
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
5/91 HKU ECON 0602 ® LARRY QIU 6/91 HKU ECON 0602 ® LARRY QIU The No. 1, battle switching to China The price to be No. 1 China market: GM 876,747 Toyota 400,000 WSJ April 25, 2007 7/91 HKU ECON 0602 ® LARRY QIU 2005 Motor Vehicle Production Classified by County 18% 16% 9% 5% 9% 6% 4% 4% 4% 25% The U.S. Japan Germany France China Korea Spain Canada Brazil Other 8/91 HKU ECON 0602 ® LARRY QIU 2007 Motor Vehicle Production Classified by County 16% 16% 8% 5% 11% 6% 4% 4% 4% 26% The U.S. Japan Germany France China Korea Spain Canada Brazil Other
Background image of page 2
9/91 HKU ECON 0602 ® LARRY QIU Sedan production in 2005 0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 8,000,000 9,000,000 10,000,000 Jap Germany US China Korea France Spain Brazil UK 10/91 HKU ECON 0602 ® LARRY QIU Sedan production in 2007 0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 8,000,000 9,000,000 10,000,000 Jap China Germany US Korea France Brazil Spain UK 11/91 HKU ECON 0602 ® LARRY QIU 1980 2005 30 25 20 15 10 5 Number of big independent OEMs Number of brands per OEM 12/91 HKU ECON 0602 ® LARRY QIU American car market in 2004 ± Carmakers units sold market share General Motors 4,655,459 27.5% Ford Motor Co. 3,319,636 19.6% DaimlerChrysler 2,427,589 14.4% Toyota 2,060,048 12.2% Honda 1,394,398 8.2% CR-3: 61.5%
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
13/91 HKU ECON 0602 ® LARRY QIU American car market in Feb 2009 ± Carmakers units sold market share General Motors 126,170 18.31% Toyota 109,583 15.9% Ford 99,050 14.38% Chrysler LLC 84,050 12.2% Honda 71,575 10.39% 14/91 HKU ECON 0602 ® LARRY QIU Outline ± The world automotive industry ± History of China s auto industry ± Demand: What affect it? ± Entry: Is it still possible? ± Competition: Is the profit very thin? ± Future: Driving abroad? 15/91
Background image of page 4
Image of page 5
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 09/06/2010 for the course ECON ECON0602 taught by Professor Qiu during the Fall '09 term at HKU.

Page1 / 23

Econ0602-Lecture-8(car) - ECON 0602 Lecture 8 Outline The...

This preview shows document pages 1 - 5. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online