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Industry Report Card: Global Automakers Buckle Up For Tougher Competition In 2007 Mar 07 Product Image

Industry Report Card: Global Automakers Buckle Up For Tougher Competition In 2007 Mar 07

  • Published: March 2007
  • Region: Global
  • Standard & Poors

FEATURED COMPANIES

  • AB Volvo
  • Fiat SpA
  • Hyundai Motor Co.
  • Mitsubishi Motors Corp.
  • Peugeot S.A.
  • Suzuki Motor Corp.
  • MORE

Abstract
Competitive pressures in the global automotive industry look set to intensify in 2007. In the key, but saturated North American, European, and Japanese markets, sales could be softer than 2006, further fueling competition for market share. Industry growth prospects are much more favorable in the emerging Asian markets of China and India, but with competition in the region also heating up, this will not offset the long-term problems many international automakers are experiencing in mature markets. Standard & Poor's Ratings Services expects automakers to face no reprieve from the most pressing issues facing the industry globally: Competition and overcapacity, relentless pricing and cost pressures, volatile raw-material and fuel prices, largely unfavorable foreign exchange rates for export-oriented OEMs, and the ongoing...

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- Ford Motor Co.
- Motors Liquidation Co. (fka General Motors Corp.)
- PACCAR Inc.
- AB Volvo
- Renault S.A.
- Nissan Motor Co. Ltd.
- Daimler AG
- Navistar International Corp.
- Honda Motor Co. Ltd.
- Toyota Motor Corp.
- Fiat SpA
- Peugeot S.A.
- Volkswagen AG
- BMW AG
- Tata Motors Ltd.
- Hyundai Motor Co.
- Mitsubishi Motors Corp.
- Suzuki Motor Corp.
- Kia Motors Corp.
- Scania (publ.) AB
- Fuji Heavy Industries Ltd.
- Mazda Motor Corp.

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