Industry Analysis & Industry Trends
The Automotive industry encompasses a range of smaller industries that have performed variably over the past five years. A recovery in new car sales following the global financial crisis has defined the five years through 2014-15. Consumer sentiment and business confidence have strengthened, stimulating demand for new cars. Demand grew, especially for imported vehicles. Wholesalers and retailers benefited from growth in imported vehicle sales, but this was to the detriment of domestic motor vehicle manufacturers and upstream parts manufacturers. Industry revenue is forecast to rise by a compound annual 1.5% over the five years through 2014-15, to be worth $170.8 billion... purchase to read more
Industry Report - Industry Products Chapter
The Automotive industry sells three types of products or services down the supply chain: ready-made motor vehicles, parts and accessories, and repair and maintenance services. Motor vehicles include locally manufactured vehicles and imported vehicles.
Locally manufactured motor vehicles
This segment includes motor vehicles manufactured within Australia, by companies like Toyota, GM Holden and Ford. Locally manufactured motor vehicles are supplied by the manufacturers to motor vehicle dealers, and thus generating revenue at multiple levels of the supply chain. Over the next five years, sales of locally manufactured motor vehicles are expected to decrease substantially as Toyota, GM Holden and Ford wind up their local manufacturing operations... purchase to read more