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

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)
Total Pages: 132
Release: 2014-02-01
Genre: Technology & Engineering
ISBN: 3954896087

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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?

Globalization or Regionalization of the American and Asian Car Industry?
Author: M. Freyssenet
Publisher: Springer
Total Pages: 260
Release: 2003-04-15
Genre: Business & Economics
ISBN: 0230554814

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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

Designated Drivers
Author: G. E. Anderson
Publisher: John Wiley & Sons
Total Pages: 308
Release: 2012-04-02
Genre: Political Science
ISBN: 1118328884

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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

Geely Drives Out: The Rise Of The New Chinese Automaker In The Global Landscape
Author: Hua Wang
Publisher: World Scientific
Total Pages: 316
Release: 2021-07-13
Genre: Business & Economics
ISBN: 9811234442

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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

Japan and the Global Automotive Industry
Author: Koichi Shimokawa
Publisher: Cambridge University Press
Total Pages:
Release: 2010-06-03
Genre: Business & Economics
ISBN: 113948933X

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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

Cars, Automobility and Development in Asia
Author: Arve Hansen
Publisher: Taylor & Francis
Total Pages: 213
Release: 2016-09-13
Genre: Business & Economics
ISBN: 1317396723

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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

The Political Economy of Automotive Industrialization in East Asia
Author: Richard F. Doner
Publisher: Oxford University Press
Total Pages: 425
Release: 2021
Genre: Business & Economics
ISBN: 0197520251

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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

Globalization of the Automobile Industry
Author: Xiaohua Yang
Publisher: Praeger
Total Pages: 248
Release: 1995-06-30
Genre: Business & Economics
ISBN:

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Deals, in particular, with relations between automobile manufacturers and suppliers of component parts.

Agile Against Lean

Agile Against Lean
Author: Hyung Je Jo
Publisher: Springer Nature
Total Pages: 282
Release: 2023-07-05
Genre: Business & Economics
ISBN: 9819920426

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“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