Chapter 3 Web exercises
Analysing Global Industries
The Global Car Industry
- 1.
- a. Identify the big global car manufacturers.
- b. Find out their market shares and calculate the share held by the 5 largest firms.
- c. Is the market perfectly competitive, monopolistically competitive, oligopolistic or a monopoly? Justify your answer.
- 2. Use Porter’s Five Forces model to:
- a. Identify which forces are most important for big car makers. Justify your choice of forces.
- b. Analyse the responses of the big manufacturers to these forces. In your analysis, explain why China is important for the big car makers.
Websites
https://www.statista.com/statistics/316786/global-market-share-of-the-leading-automakers/
http://carsalesbase.com/global-car-sales
https://www.youtube.com/watch?v=k9MF4DcD1GA
http://dwaipon.blogspot.com/2014/10/porters-five-forces-of-automotive.html
https://www.acea.be/uploads/publications/ACEA_Pocket_Guide_2018-2019.pdf