Our Industry Is Automobile: 1. Give A Half Page Brief Profile of That Industry
Our Industry Is Automobile: 1. Give A Half Page Brief Profile of That Industry
Our Industry Is Automobile: 1. Give A Half Page Brief Profile of That Industry
1
Reference: Plunkett Research,® Ltd.”, https://en.wikipedia.org/wiki/History_of_the_automobile.
Industry Statistics2
i. New Vehicle Sales by Vehicle Type: 2009-2017, Business and Industry Statistics:
ii. New Car & Truck Market Shares by Company: 2012-2016, Business and Industry Statistics:
iii. Personal Transportation Expenditures, U.S.: 2009-2016, Business and Industry Statistics:
2
These are roughly surveyed statics, secondary data, reference is: “Plunkett Research,® Ltd.”
Industry Trends3
In
2016,
the top
10 OEMs returned an anemic 4 percent, about
half of the industry’s cost of capital. The
leading 100 suppliers have done a little better,
just beating their costs of capital to enjoy a
small positive return, after many years of
negative net returns.
Conclusion: This assessment suggests that
there will be relatively few winners in the auto industry during the next five years and beyond.
Those that do stand out will be the companies that harness their limited capital resources in
creative ways, to navigate a still-unfolding and unfamiliar landscape.
3
Reference: 2017 Automotive Trends
By Rich Parkin, Reid Wilk, Evan Hirsh, and Akshay Singh