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 Key Buyers Chapter
The Automotive industry has a low level of concentration as it covers the entire automotive supply chain, which spans from parts manufacturers to the car dealer. As a result, there is a wide range of companies operating at various level of the automotive supply chain. Concentration differs across different levels of the supply chain.
Most companies in the industry are small or medium-sized enterprises that only account for a small percentage of revenue. The smallest ones are mechanics, which are often owner-operators. At the other end of the scale, there are only three motor vehicle manufacturers in Australia and they each account for a large part of the Motor Vehicle Manufacturing industry... purchase to read more