Topic > Outlook for the automotive industry - 1383

IntroductionThere are numerous automotive manufacturers around the world. Appendix A is a list of 215 that can be found on the Wikipedia website titled List of Current Automobile Manufacturers (in alphabetical order). (List of current automobile manufacturers (in alphabetical order)) Due to the limited amount of time available for manufacturer information and the limited time available for this document, the search was limited to only the manufacturers listed below for the most part part of the sector's prospects. [replace with your chosen company] has been chosen for an in-depth review of this report.• Ford Motor Co.• General Motors• Honda Motor Co.• Toyota Motor Corp Ltd.• Nissan Motor Co.• Fiat Group• Volkswagen AG• Hyundai Motor Co.• Bayerische Motoren Werke AG (BMW)• Daimler AG (Mercedes-Benz)• SubaruIndustrial/Market AnalysisOutlook for the Automotive IndustryIn 2013, Frost & Sullivan, a growing partnership firm, established five forecasts for the 'year. Some of these predictions included China selling twenty million vehicles, at least one brand consolidation, the possibility of the Volkswagen Group becoming the number one group and there being one billion vehicles in operation (Singh, Surender and Kelly ). Over the course of the year, many of these predictions were met or were close to being met, which means that Frost & Sullivan makes fairly accurate predictions for next year. For 2014, forecasts include that China will sell approximately twenty-three million vehicles and that the United States will surpass the sixteen million sales mark, that two major original equipment manufacturers (OEMs) will surpass ten million sales, that cars luxury the market will increase, possibly growing by double digits, and future automotive retailing will evolve and be... middle of paper... F. Slatter. “A fresh look at industry and market analysis.” Business Horizons (2002): 15-22. Picciotto, Dan and Nishit K Madlani. “The global automotive industry shifts its focus to overseas and emerging markets.” Credit Week (2013): 26. Online. May 21, 2014. Porter, Michael E. “From Competitive Advantage to Business Strategy.” Harvard Business Review (1987): 43-59. Press. May 2014.Rhett Dornbach-Bender, Bill Slade, Joe Thorpe. "Strategic Report for Ford Motor Company." Oasis Consulting (2009): 28. online. May 20, 2014. .Sedgwick, David. “Pricing power shifts to suppliers.” Automotive News (2012): 2. online. May 20th 2014. .