Situation in China
The automotive industry in the People's Republic of China has been the largest in the world measured by automobile unit production since 2008. Since 2009 annual production of automobiles in China exceeds that of the European Union or that of the United States and Japan combined.
http://www.bloomberg.com/news/2013-02-22/china-is-10-years-from-having-
global-automaker-bernstein-says.html
Compare to the automaker from US, Europe, Japan and Korea, the Chinese is still a decade away from being competitive. But still, at the same time, it has a lot of room for improvement and it may have more impact to the car industry in the future far more than we thought. One of the reason instantly came from my mind was that china's home market will provide a lot of profit to the national car maker and that is going to contributed to bring a lot of research and development money to the car maker. Soon, the Chinese may be chasing after with a impressive speed.
Situation in Japan
The automotive industry in the People's Republic of China has been the largest in the world measured by automobile unit production since 2008. Since 2009 annual production of automobiles in China exceeds that of the European Union or that of the United States and Japan combined.
Of the automobiles produced, 44.3% were local brands (including BYD, Lifan, Chang'an (Chana), Geely, Chery, Hafei, Jianghuai (JAC), Great Wall and Roewe), and the rest were produced by joint ventures with foreign car makers such as Volkswagen, General Motors,Hyundai, Nissan, Honda, Toyota, Mitsubishi etc. While most of the cars manufactured in China are sold within China, exports reached 814,300 units in 2011. China's home market provides its automakers a solid base and Chinese economic planners hope to build globally competitive auto companies.
For more:
For more:
http://en.wikipedia.org/wiki/Automotive_industry_in_the_People's_Republic_of_China
China Decade From Having Global Carmaker, Bernstein Says
China Decade From Having Global Carmaker, Bernstein Says
http://www.bloomberg.com/news/2013-02-22/china-is-10-years-from-having-
global-automaker-bernstein-says.html
Compare to the automaker from US, Europe, Japan and Korea, the Chinese is still a decade away from being competitive. But still, at the same time, it has a lot of room for improvement and it may have more impact to the car industry in the future far more than we thought. One of the reason instantly came from my mind was that china's home market will provide a lot of profit to the national car maker and that is going to contributed to bring a lot of research and development money to the car maker. Soon, the Chinese may be chasing after with a impressive speed.
Situation in Japan
The companies went about this by either designing their own trucks (the market for passenger vehicles in Japan at the time was small), or partnering with a European brand to produce and sell their cars in Japan under license. The demand for domestic trucks was greatly increased by the Japanese military buildup before World War II, causing many Japanese manufacturers to break out of their shells and design their own vehicles.
http://en.wikipedia.org/wiki/Automotive_industry_in_Japan
Things were pretty similar with China right now, big company comes in and invest, some of the people gain the experience and the way the big companies work and eventually found their own company, started developing their own model, times flies, good enough to fight against the giant. China is experiencing the "times flies" stage. But with the help of the foreign car maker investment, the times flies stage is going to be much shorter. However, the copyright is also another important problem for the Chinese to tackle, since the Chinese were found to steal technology from foreign company and sell it to China, at the same time being found that some of their car look quite simular to other manufacturer's car. It is the top priority to tackle otherwise it will slow down Chinese carmaker future development.
http://www.autoblog.com/2013/05/04/couple-found-guilty-of-trying-to-sell-gm-hybrid-tech-to-china-se/
http://en.wikipedia.org/wiki/Automotive_industry_in_Japan
Things were pretty similar with China right now, big company comes in and invest, some of the people gain the experience and the way the big companies work and eventually found their own company, started developing their own model, times flies, good enough to fight against the giant. China is experiencing the "times flies" stage. But with the help of the foreign car maker investment, the times flies stage is going to be much shorter. However, the copyright is also another important problem for the Chinese to tackle, since the Chinese were found to steal technology from foreign company and sell it to China, at the same time being found that some of their car look quite simular to other manufacturer's car. It is the top priority to tackle otherwise it will slow down Chinese carmaker future development.
http://www.autoblog.com/2013/05/04/couple-found-guilty-of-trying-to-sell-gm-hybrid-tech-to-china-se/
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