Industry Analysis & Industry Trends
The Automotive industry encompasses a range of smaller industries that have performed variably over the past five years. New car sales have remained relatively strong since pent-up demand after the global financial crisis led to a spike in 2009-10. The strength of new car sales has resulted in growth for motor vehicle dealerships, motor vehicle wholesalers and service agents that are servicing a greater number of vehicles on the road. However, growth for dealerships and wholesalers was often to the detriment of motor vehicle manufacturers, as consumers looked to more affordable, fuel-efficient imported vehicles rather than petrol-guzzling locally manufactured cars. Due to these contrasting effects, industry revenue is expected to rise by a compound annual 0.3%... purchase to read more
Industry Report - Industry Locations Chapter
Companies in the Automotive industry are located in population hubs. This is particularly true for car repairers and retailers, because they need to be close to their market. As a result, the majority of establishments are located in Victoria and New South Wales.
A significant over-representation compared with the population occurs in Victoria as many parts manufacturers are located close to their largest markets, as Toyota and Ford's manufacturing facilities are located in Victoria. A similar situation occurs in South Australia, due to GM Holden's manufacturing plant being located in the state. Many parts suppliers are located in South Australia in order to be close to GM Holden's manufacturing facilities... purchase to read more