Decline of Australian Automotive Industry | Research
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Added on 2020-03-16
Decline of Australian Automotive Industry | Research
Added on 2020-03-16
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Running head: BUSINESS RESEARCH METHODSDecline of Australian automotive industryName of the studentName of the universityAuthor Note:
2BUSINESS RESEARCH METHODSTable of ContentsTitle..................................................................................................................................................4Introduction......................................................................................................................................4Problem Statement...........................................................................................................................4Purpose of Research........................................................................................................................6Prior Work.......................................................................................................................................7Figure 1- Job Loss Statistics............................................................................................................8Figure 2- Vehicle Manufacturing and PMV Activities...................................................................9Gaps in Prior Work........................................................................................................................10Hypothesis.....................................................................................................................................11Figure 3- Car Sales in Years..........................................................................................................12Figure 4- Hourly Labor Cost in Automobile Industries................................................................13Figure 5- New Car Production.......................................................................................................13Figure 6- Imported and local cars statistics...................................................................................14Figure No 7- Car Production Statistics..........................................................................................14Probable Approach........................................................................................................................15Type of Approach..........................................................................................................................15Study..............................................................................................................................................16Sample Population.........................................................................................................................16
3BUSINESS RESEARCH METHODSSampling Methods.........................................................................................................................16Process of Study............................................................................................................................17Place of Study................................................................................................................................17Time of Study................................................................................................................................18Value of the Study.........................................................................................................................18Ethical Considerations...................................................................................................................19Conclusions....................................................................................................................................19References......................................................................................................................................20Appendix........................................................................................................................................22Questionnaire.................................................................................................................................22
4BUSINESS RESEARCH METHODSTitleDecline of Australian Automotive IndustryIntroductionAutomotive Industry is a varied range of different organizations that are involved indesigning, manufacturing, promoting and the selling of automobiles. These companies provide agreat share of economy in the country. The combined automotive industry plays a pivotal role inthe development of the country. The main topic of the research is however limited to AustralianAutomotive industry which is believed to be one of the best in the globe. Australia in the recentpast had a reputation for designing and producing of large sized commercial vehicles like cars,trucks etc. But a crisis situation led to the drastic fall in the production of the cars. In the year2009 the total production fell to around 1,75,000 units which was much lower than the earlieryears. The research will help the readers to get an idea about the different problems that havecrippled the industry since a long time and have led to the decline of the industry.Problem StatementAs mentioned earlier the Automotive Industry of the island continent had a greatreputation in the past because of its ability to use its own raw materials like aluminum and steelto produce quality goods that are exported to other countries. Though Automotive industryremains to be largest source of employment providers and the largest industry of the islandnation it has been facing a crisis situation and is slowly becoming unproductive and losing out itsefficiency which used to be its largest strength (www.swinburne.edu.au). Some of the citizens ofAustralia who graduated in the early 90’s or in the mid 90’s had no such difficulties in finding
5BUSINESS RESEARCH METHODSjobs as the Automobile industry opened up its doors to the to the professionals who were insearch of a job. The people were employed in different positions in the factories and the officesof these companies. However as time passed by the Australian car manufacturing industry slowlydeclined. Experts believe that in the coming few years the entire Automobile industry will berubbed out from the Australian industrial Scenario. Such a huge unemployment drive will driveto a negative growth in the industry. The collapse of the automobile industry in Australia willalso spell a doom for the large number of subsidiary industries in the country that provides avariety of subsidiary products for the industries. The main types of industries in this sectorinclude industries like tyre manufacturing, metal parts manufacturing and many other such otherindustries. Earlier studies have found out that car manufacturers provide transferable skills, trainingto the employees and a variety of technical support for the subsidiary industries that providesupport to the main industries. The collapse of the mentioned in industry can be harmful for thePSTS industry as it will create a vacuum in both the upstream and the downstream industries ofthe country. Though the management of the major car manufacturers are assuring the stability oftheir R&D centers in Australia but there is a fear that the total assurance does not stand itsground as because R&D centers will always be close to the manufacturing facilities of acompany. The large scale import in the Australian car manufacturing sector will also disturb theengineering expertise of the country and gradually the indigenous capability of the country willtake a back step (www.swinburne.edu.au). Apart from the above mentioned problems there lies a serious problem of politicalintervention in the automobile industry of the mentioned country. According to a research byJason Dowling, a leading journalist of Australia the car manufacturing sector of the country faces
6BUSINESS RESEARCH METHODSlots of problems due to the trade barriers, tariffs and a number of taxes. Another major problemis the policies of the new Abott Government which is moving in a hurry to implement some bigchanges in the following economic sector. The main aim of the new government is to find out theperfect ways to bring a change in the future of the car manufacturing sector of Australia. Thenew government has decided to not provide an earlier promised $500 million funds for therevival of the industry and has in turn decided to concentrate on the large scale imports of cars.The auditing of the automobile sector has been another main drawback for the industry(www.adelaidenow.com.au).Purpose of ResearchThe researcher has undertaken this research to find out both the important causes as wellas the subsidiary causes that have crippled the Australian Automobile sector (Barnes 2016).Therefore the researcher has included some necessary elements in the research which are asfollows;1.To find out the primary problems behind the loss of the Australian Automobile Industry2.To find out the secondary causes that is equally important and plays a major role behindthe steady decline of the mentioned industry3.Another major objective of the research is to determine the steady fall in the numbers ofthe employees who are involved in the Australian Automobile Manufacturing4.The reason behind the decreasing sales figure of the vehicles is also a sign of concern forthe industries which is another main topic discussed in the following research
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