Towards A New Order In The Global Automotive Industry How Asian Companies Catch Up To Their Western Peers

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Towards a new order in the global automotive industry: How Asian companies catch up to their western peers

Author : Daniel Wäldchen
Publisher : Anchor Academic Publishing (aap_verlag)
ISBN 13 : 3954896087
Total Pages : 132 pages
Book Rating : 4.9/5 (548 download)

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Book Synopsis Towards a new order in the global automotive industry: How Asian companies catch up to their western peers by : Daniel Wäldchen

Download or read book Towards a new order in the global automotive industry: How Asian companies catch up to their western peers written by Daniel Wäldchen and published by Anchor Academic Publishing (aap_verlag). This book was released on 2014-02-01 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global automotive industry faces the most influential changes since the revolutionary introduction of mass production a century ago. Latecomer firms from Asia are challenging the western incumbents. They can change the rules of the game in the industry by leapfrogging several steps in their development process. This study seeks to contribute to the discussion of latecomer firms by gaining insights into the catch up processes of five automotive companies in the passenger car segment, namely BYD (PRC), Chery (PRC), Geely (PRC), Tata Motors (India) and Mahindra & Mahindra (India). Based on learning theories and the core processes of car manufacturers, the author develops a catch up framework in order to compare automotive latecomers. The Korean manufacturer Hyundai serves as an example for a successful catch up, and provides a contextual framing for catch up processes in the automotive sector. An analysis of empirical data provides evidence for the evaluation of the catch up status of the five challenger firms. The author emphasizes the influence of institutional settings in China and India and the role of business groups that can act as facilitators for the catch up process. Finally, the study clusters the catch up strategies of the five observed companies in order to compare their approach.

Globalization or Regionalization of the American and Asian Car Industry?

Author : M. Freyssenet
Publisher : Springer
ISBN 13 : 0230554814
Total Pages : 260 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis Globalization or Regionalization of the American and Asian Car Industry? by : M. Freyssenet

Download or read book Globalization or Regionalization of the American and Asian Car Industry? written by M. Freyssenet and published by Springer. This book was released on 2003-04-15 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: The automobile sector is one of the most archetypal global industries and is seen by many as one of the main drivers behind the homogenisation of world markets due to firms' internationalization strategies and the social practices that firms impose. This book argues that this is not entirely the case due to the heterogeneity of firms and the diversity of strategies pursued. It highlights the diversity and forms of internationalization and the preference for regionalization rather than globalization that has occurred over the past decade. This book looks specifically at the American and Asian car industry.

Designated Drivers

Author : G. E. Anderson
Publisher : John Wiley & Sons
ISBN 13 : 1118328884
Total Pages : 308 pages
Book Rating : 4.1/5 (183 download)

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Book Synopsis Designated Drivers by : G. E. Anderson

Download or read book Designated Drivers written by G. E. Anderson and published by John Wiley & Sons. This book was released on 2012-04-02 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: An in-depth look at the Chinese car industry that sheds new light on the delicate nature of China's planned economy China's unprecedented growth over the last three decades, along with the recent financial crisis in the West, has raised questions about the superiority of state-led capitalism. In Designated Drivers: How China Plans to Dominate the Global Auto Industry, G.E. Anderson, a specialist in finance and Chinese political economics, uses the auto industry to examine how China's industrial planning works, and explores whether state involvement in the economy really is a winning formula for sustainable growth. Bringing to light the strengths and weaknesses that define the Chinese economy, Anderson finds that in some ways the government has become its own worst enemy, unable to choose between industrial competitiveness and social stability. While the economy is booming now, evidence suggests that long-term success is far from assured. Tracing the evolution of the post-Mao auto industry through thirteen case studies, Designated Drivers raises the difficult questions about the future of China that few people have dared to ask. Offers a unique insight into the Chinese economy through the lens of the auto industry Explores how successful the central government has been in spurring economic growth and the long-terms costs of intervention Uses case studies to illustrate China's explosive growth over the last three decades A painstakingly researched analysis of the Chinese automobile industry, Designated Drivers explains the risks and rewards inherent in doing business in China that anyone interested in, or already working there need to understand.

Geely Drives Out: The Rise Of The New Chinese Automaker In The Global Landscape

Author : Hua Wang
Publisher : World Scientific
ISBN 13 : 9811234442
Total Pages : 316 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Geely Drives Out: The Rise Of The New Chinese Automaker In The Global Landscape by : Hua Wang

Download or read book Geely Drives Out: The Rise Of The New Chinese Automaker In The Global Landscape written by Hua Wang and published by World Scientific. This book was released on 2021-07-13 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 2008, while the global automotive manufacturing has been faltering, the Chinese auto industry has been swiftly transformed into the largest producer in the world. The growth of the Chinese automakers is a close reflection of China's powerful manufacturing economy, and Geely Auto is one such best example. This book closely examines the rise of Geely as a privately-owned automaker in China. From its humble beginning as a refrigerator component maker and motorcycle manufacturer in the late twentieth century, Geely has grown to become not only a top selling national brand in China, the largest auto market in the world, but also a significant player in the global automotive industry. The book studies Geely's successful acquisition of Volvo, within a long-term framework of asset-seeking foreign direct investment, and then further investigates its recent strategic initiatives with Daimler, London Taxi, PROTON and Lotus. The book reveals how the little-known carmaker is worth close examination, via its product development, organizational dynamics, corporate culture, brand development, talent and cross-cultural management strategies, as well as the entrepreneurship of its visionary founder Shufu Li. From catching up in technology to a leader in product, service and business model innovations, Geely has driven out as a new Chinese automaker on the world stage. Facing challenges in clean energy and Internet of Things, artificial intelligence, new user's experience towards smart and mobility solution, Geely will continue to play an increasingly important role in the globalization age of the twenty-first century.

Japan and the Global Automotive Industry

Author : Koichi Shimokawa
Publisher : Cambridge University Press
ISBN 13 : 113948933X
Total Pages : pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Japan and the Global Automotive Industry by : Koichi Shimokawa

Download or read book Japan and the Global Automotive Industry written by Koichi Shimokawa and published by Cambridge University Press. This book was released on 2010-06-03 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Japanese automotive industry enjoyed spectacular success in the 1980s. This was largely due to the so-called 'Lean Production System' - the combination of an efficient production system, an effective supplier system, and a product development system. In the 1990s the industry fell on hard times because of the Japanese asset price bubble and extreme currency appreciation. In this book, eminent industry specialist Koichi Shimokawa draws on his thirty years of research and fieldwork with Japanese and American firms, to show how the Japanese automotive industry has managed to recover from this difficult period. He shows how firms like Toyota were able to transfer Japanese systems to overseas plants and how they have changed in order to compete in increasingly globalized markets. In addition, the book also addresses the two major challenges to the current industry model: the rise of China and the environmental and energy supply situation.

Cars, Automobility and Development in Asia

Author : Arve Hansen
Publisher : Taylor & Francis
ISBN 13 : 1317396723
Total Pages : 213 pages
Book Rating : 4.3/5 (173 download)

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Book Synopsis Cars, Automobility and Development in Asia by : Arve Hansen

Download or read book Cars, Automobility and Development in Asia written by Arve Hansen and published by Taylor & Francis. This book was released on 2016-09-13 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cars, Automobility and Development in Asia explores the nexus between automobility and development in a pan-Asian comparative perspective. The book seeks to integrate the policies, production forms, consumption preferences and symbolism implicated in emerging Asian automobilities. Using empirically rich and grounded analyses of both comparative and single-country case studies, the authors chart new approaches to studying automobility and development in emerging Asia.

The Political Economy of Automotive Industrialization in East Asia

Author : Richard F. Doner
Publisher : Oxford University Press
ISBN 13 : 0197520251
Total Pages : 425 pages
Book Rating : 4.1/5 (975 download)

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Book Synopsis The Political Economy of Automotive Industrialization in East Asia by : Richard F. Doner

Download or read book The Political Economy of Automotive Industrialization in East Asia written by Richard F. Doner and published by Oxford University Press. This book was released on 2021 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction -- The Lure and Challenges of the Automobile Industry -- Institutions, Politics and Developmental Divergence -- Thailand: Early opening and Export success -- The Philippines and Indonesia: Extensive Development Arrested and Delayed -- Korea: Successful Intensive Industrialization -- Malaysia: How Intensive Development Strategies Fail in the Absence of Appropriate Institutions -- China: Revamping socialist institutions for a market economy -- Taiwan: Balancing independent assembly, MNCs, and parts promotion in a small market -- Conclusion.

Globalization of the Automobile Industry

Author : Xiaohua Yang
Publisher : Praeger
ISBN 13 :
Total Pages : 248 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Globalization of the Automobile Industry by : Xiaohua Yang

Download or read book Globalization of the Automobile Industry written by Xiaohua Yang and published by Praeger. This book was released on 1995-06-30 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deals, in particular, with relations between automobile manufacturers and suppliers of component parts.

Internationalization of Chinese Automobile Companies

Author : Garnet Kasperk
Publisher : Lulu.com
ISBN 13 : 1447839544
Total Pages : 276 pages
Book Rating : 4.4/5 (478 download)

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Book Synopsis Internationalization of Chinese Automobile Companies by : Garnet Kasperk

Download or read book Internationalization of Chinese Automobile Companies written by Garnet Kasperk and published by Lulu.com. This book was released on 2011 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Agile Against Lean

Author : Hyung Je Jo
Publisher : Springer Nature
ISBN 13 : 9819920426
Total Pages : 282 pages
Book Rating : 4.8/5 (199 download)

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Book Synopsis Agile Against Lean by : Hyung Je Jo

Download or read book Agile Against Lean written by Hyung Je Jo and published by Springer Nature. This book was released on 2023-07-05 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: “This is a remarkable book. Focusing upon Korea’s Hyundai Motor Company, it provides an original account of the success of this company in the global automobile industry. Theoretically informed, cognisant of the academic literature, and insightful at every turn, this book will appeal to scholars across the social sciences including economics, economic geography, and economic sociology. The authors have key insights that will resonate with scholars interested in the global industrial champions of the 21st century. A wonderful achievement.” —Emeritus Professor Gordon L Clark, Oxford University, the UK “’Agile against lean’ is a highly inspiring book for researchers and practitioners. It provides unique insights into the rise of Korean automotive companies, their production systems, and the political economy in which they are embedded. And it develops thought-provoking arguments about how authoritarian experimentalism shaped the agile production systems in the Korean automotive sector.” — Professor Dr. Martin Krzywdzinski, WZB (Berlin Social Science Center), Germany This book attempts to pry open the ‘black box’ of compressed growth for Hyundai Motor since the 1997 Asian Financial Crisis, with the company’s being on the verge of falling in the ‘middle-ranked carmaker’s trap in the 1990s, and critically examines the dual and contradictory nature of this leapfrogging catch-up instead of simply focusing on the company’s success story. This book presents the novel theoretical and empirical characteristics of Hyundai Motor’s ‘agile’ production system based on ‘authoritarian experimentalism’ characterized by the ability of engineers to solve problems in an improvisational manner, skill-saving work organization and segmented labor, and extended quasi-vertical suppliers’ relationships under the chaebol corporate governance. Hyung Je Jo is an emeritus professor of social science at the University of Ulsan, South Korea. Jun Ho Jeong is a professor in the college of social sciences at Kangwon National University, South Korea. Chulsik Kim is an assistant professor in the division of social science at the Academy of Korean Studies, South Korea

Market Entry Concepts of Chinese Automotive Companies into the European Market

Author : Ramona Blietz
Publisher : GRIN Verlag
ISBN 13 : 3668336547
Total Pages : 96 pages
Book Rating : 4.6/5 (683 download)

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Book Synopsis Market Entry Concepts of Chinese Automotive Companies into the European Market by : Ramona Blietz

Download or read book Market Entry Concepts of Chinese Automotive Companies into the European Market written by Ramona Blietz and published by GRIN Verlag. This book was released on 2016-11-08 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2015 in the subject Economics - International Economic Relations, grade: 1,3, Berlin School of Economics and Law (IMB), language: English, abstract: This paper investigates Chinese automotive companies’ internationalisation activities into the European market. They are still short on experience and young in history. Since the Chinese economy has only gradually liberalised after 1978, the industry has been highly influenced by joint venture activities with foreign automobile companies in China.12 years ago, Chinese automotive companies started to internationalise. Dunning’s eclectic paradigm is utilized as academic foundation and related motives and entry modes are aligned to current Chinese activities. In early attempts to enter Europe there was a predominant resource-seeking motive, while later market-seeking reasons became more obvious and have dominated the activities since. So far, ownership-specific advantages do not play a major role in terms of valuable intangible assets like patents, whereas location specific determinants are significant, especially in terms of governmental impact. Additional home market advantages in labour endowment, resources, legal environment and strong finan- cial resources give Chinese automakers an edge and prepare them to further internationalise. However, regarding all OLI forces, there are still no outweighing advantages over European competitors. The interviewed experts do not expect a noticeable market entry with significant sales volume within the next ten years. To date, Chinese exports and FDI in Europe are the most relevant modes even though visibility is marginal. According to industry experts, companies like Qoros, BYD and Geely are possible candidates to succeed on the European market in the future. Other brands, which failed to enter Europe, e.g. due to lacking safety standards, are yet still opinion-forming. It is concluded, that if China’s automotive industry consolidates and advances technologically, it will be prepared to successfully compete on global markets, in particular Europe. The acquisition of European car manufacturers represent – in this context – a feasible possibility to speed up the process and offset technological deficiencies.

Automotive Industrialisation

Author : Kaoru Natsuda
Publisher : Routledge
ISBN 13 : 0429817843
Total Pages : 252 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis Automotive Industrialisation by : Kaoru Natsuda

Download or read book Automotive Industrialisation written by Kaoru Natsuda and published by Routledge. This book was released on 2020-10-14 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the industrial policies of Southeast Asian economies in their motor vehicle industries from early import substitution to policy-making under the more liberalised WTO policy regime. The book examines how inward automotive investment, especially from Japan, has been affected by policies, and how such investment has promoted industrial development in the late-industrialising economies within ASEAN (Association of Southeast Asian Nations). It provides insights into the automotive industry of Southeast Asia in terms of production volumes, sales volumes, market structure, and trade. Through country case studies, the book is a useful reference and illustrates how industrial policies in Southeast Asia have affected the spread of automotive development in the region. It will appeal to policy-makers and researchers interested in the automobile industry, industrial policies in the industry and the spread of development from foreign investors to local firms.

Multinationals, Technology and Localization in Automotive Firms in Asia

Author : Rajah Rasiah
Publisher : Routledge
ISBN 13 : 1317969464
Total Pages : 207 pages
Book Rating : 4.3/5 (179 download)

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Book Synopsis Multinationals, Technology and Localization in Automotive Firms in Asia by : Rajah Rasiah

Download or read book Multinationals, Technology and Localization in Automotive Firms in Asia written by Rajah Rasiah and published by Routledge. This book was released on 2013-10-18 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: East Asia has led rapid economic growth in the last few decades with India joining them over the last five years. Automotive parts manufacturers have been an important component of domestic production in all these economies. Experts with several years of multi-disciplinary research experience on the field examine the actual and potential technological and localization implications of MNC operations in East Asia and India. The rich collection of country experiences are both original and incisive. This volume includes: Case studies from China, Japan, India, Thailand and Malaysia A study of the role of multinationals in Asian technology building An examination of the growing Chinese automobile sector Featuring leading academics from across Asia, this title is essential reading for those studying industrial growth in the continent's major economies.

The Motor Vehicle Industry in Asia

Author : Kōnosuke Odaka
Publisher : NUS Press
ISBN 13 : 9789971690571
Total Pages : 460 pages
Book Rating : 4.6/5 (95 download)

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Book Synopsis The Motor Vehicle Industry in Asia by : Kōnosuke Odaka

Download or read book The Motor Vehicle Industry in Asia written by Kōnosuke Odaka and published by NUS Press. This book was released on 1983 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Technological Innovation and Public Policy

Author : H. Miyoshi
Publisher : Springer
ISBN 13 : 0230308295
Total Pages : 221 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis Technological Innovation and Public Policy by : H. Miyoshi

Download or read book Technological Innovation and Public Policy written by H. Miyoshi and published by Springer. This book was released on 2011-10-03 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on safety and environmental protection issues, this book provides incisive, cutting-edge theoretical analysis that evaluates the impact of new automotive technologies, and the associated public policies, on social welfare.

American Wheels, Chinese Roads

Author : Michael J. Dunne
Publisher : John Wiley & Sons
ISBN 13 : 047082865X
Total Pages : 211 pages
Book Rating : 4.4/5 (78 download)

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Book Synopsis American Wheels, Chinese Roads by : Michael J. Dunne

Download or read book American Wheels, Chinese Roads written by Michael J. Dunne and published by John Wiley & Sons. This book was released on 2011-07-20 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: How could one company—General Motors—meet disaster on one continent and achieve explosive growth on another at the very same time? While General Motors was hurtling towards bankruptcy in 2009, GM’s subsidiary in China was setting new sales and profit records. This book reveals how extraordinary people, remarkable decisions and surprising breaks made triumph in China possible for General Motors. It also shows just how vulnerable that winning track record remains. No small part of GM’s success in China springs from its management of shifting business and political relationships. In China, the government makes the rules for—and competes in—the auto industry. GM’s business partner, the City of Shanghai, is both an ally and a competitor. How does such an unnatural relationship work on a day-to-day basis? Where will it go on the future? General Motors also engages in constant battles with other global and Chinese car makers for the hearts of demanding Chinese consumers. Dunne gives us rare glimpses into the mindsets and behavior of this new moneyed set, the worlds newest class of wealthy consumers. China is already the number one car market in the world. During the next ten years, China will export millions of cars and trucks globally, including to the United States. American Wheels, Chinese Roads presents readers with fascinating illustrations of what to expect when Chinese cars, companies, and business people arrive on our shores.

Industrial Competitiveness of the Auto Parts Industries in Four Large Asian Countries

Author : Richard F. Doner
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4./5 ( download)

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Book Synopsis Industrial Competitiveness of the Auto Parts Industries in Four Large Asian Countries by : Richard F. Doner

Download or read book Industrial Competitiveness of the Auto Parts Industries in Four Large Asian Countries written by Richard F. Doner and published by World Bank Publications. This book was released on 2006 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Rationalization and stabilization following the Asian financial crisis of the late 1990s combined with the expansion and liberalization of regional and global trade to create significant parts industries in China, Indonesia, and the Republic of Korea. Conventional policies of stabilization and liberalization, however, cannot fully explain growth patterns. Japan and Korea grew into major players before liberalizing trade and investment, while even after extensive liberalization Indonesia has yet to move from extensive to intensive growth. These anomalies suggest that to explain success in the auto parts industry we need to move beyond liberalization to look at policies and institutions promoting economies of scale, skill formation, quality upgrading, supplier-linkage cooperation, and innovation. In Japan, the regional and global leader, innovative assemblers led industrial development and supported key suppliers, but the government also supported diffusion of quality control techniques and new technology to small and medium enterprises, and encouraged stable employment among core employees. Korea remains weaker on both small and medium enterprise and employment fronts, but government-encouraged consolidation around a small number of business groups, an extended period of protection, and support for export promotion led to economies of scale. Liberalization of foreign investment after the financial crisis helped ameliorate the excessive statism of earlier policies and strengthened the parts industry. In China, liberalization for WTO entry, rapid expansion in demand, and strong support by local governments encouraged a wave of foreign investment in both assembly and parts. In contrast, institutional weaknesses continue to constrain development opportunities in Indonesia.