South Africa’s automotive industry is a global, turbo-charged engine for the manufacture and export of vehicles and components. Gore provides the technological acumen, deep commitment to quality and wide range of products that help Tier-1, -2 and -3 manufacturers succeed in the auto industry. If you are interested in following up on this, do a Google or Bing news search using the names of big automakers and the following cities: Monterrey, Saltillo, Celeya, Guanajuato. The problem is that the used car market is dominated by unorganised players and a large chunk of its sales come from non-metro consumers.
Success in 2030 will require automotive players to shift to a continuous process of anticipating new market trends, exploring alternatives and complements to the traditional business model, and exploring new mobility business models and their economic and consumer viability.
For automotive marketers, it is critical to understand your market—both current and future—inside and out. If you are an executive at an OEM or an auto equipment supplier, your strategic acumen — your ability to place your company in the vanguard of product trends without running afoul of ever more stringent environmental rules — will surely be tested. Sales in the domestic market stood at 55,843 units as against 40,312 units in the same month last year, up 39 per cent.
It already exhibited significant growth under the Motor Industry Development Programme (MIDP), doubling in size since 1994. The sharing economy can just as easily be seen as a market response to people trying to retain a semblance of the services and conveniences that are fast becoming unaffordable for them. Automotive cyber security is a critical concern for vehicle manufacturers and their customers. Diverging markets will open opportunities for new players, which will initially focus on a few selected steps along the value chain and target only specific, economically attractive market segments—and then expand from there. The global automotive manufacturing industry grew by 21% in 2010 to reach a value of $1,184.6 billion. AISAP provides labour adjustment funding for training and assistance to displaced automotive workers. To remain competitive in today’s automotive industry, car manufacturers must react quickly to evolving pricing and incentives.
Even as the industry weathered downturns in the early 1980s, Canada’s sector maintained a strong share, buoyed by a low Canadian dollar, better health care for auto workers and high productivity. So suppliers may achieve greater scale by taking on more of what auto manufacturers outsource for multiple carmaker customers, or new suppliers may leverage scale from outside the auto industry. Although Sweden was a relatively small producer, Swedish builders Saab and Volvo became important factors in the world market during the 1960s and ’70s. Small fuel-efficient cars from foreign automakers took a sharply higher share of the U.S. auto sales market.