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

by Daniel Wäldchen
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Current price ₹17,709.00
Original price ₹20,228.00
Original price ₹20,228.00
Original price ₹20,228.00
(-12%)
₹17,709.00
Current price ₹17,709.00

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Book cover type: Paperback
  • ISBN13: 9783954891085
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Anchor Academic Publishing
  • Publisher Imprint: Anchor Academic Publishing
  • Publication Date:
  • Pages: 136
  • Original Price: GBP 159.9
  • Language: English
  • Edition: N/A
  • Item Weight: 345 grams
  • BISAC Subject(s): General

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.

Daniel Waldchen was born in Salzgitter, Germany in 1985. He completed his studies at the Ostfalia University of Applied Sciences (Wolfsburg) and the Berlin School of Economics and Law with a Master's degree in International Business and Consulting. He gained several years of practical experience in the automotive industry which has always been in the focus of his interest. Currently the author is writing a Ph.D. thesis at the Bundeswehr University Munich.

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