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Business Research Automotve Essay

Automotive Industry In the U. K How has the car industry In the UK changed over time? One of the key changes in the Auk’s car industry is the change in the balance of Imported and exported goods. For example In the period of the 1 ass’s much of Britain’s car components, and Indeed the whole car, were almost entirely British. Now however this is not so much the case, with a high percentage of the cars components now being imported from abroad, despite the car being assembled and labeled as British and made in Britain.

How important is foreign ownership to the car industry? It Is essential to the progression of the growth of the car Industry In the K, introducing improved management techniques, a higher level of efficiency and the sharing of global best practice. Foreign ownership also gives the possibility of new sources of essential funds and finance for companies that simply are not available within the I-J. How important is the UK car industry to the UK? It Is very important In terms of the revenue that It brings Into the U. K. En considering the GAP. The U. K car industry actually brings in approximately Ell

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billion a year, and employs around 130,000 people. Not only this, but It Is essential for our reputation as manufacturers abroad, with 80% of our production expected to be exported by 2017. Does the ‘Made in Britain’ label make a difference to the profitability of UK businesses? Not necessarily, It depends on variables such as price and quality. If these factors are all in place, the made in Britain logo may simply be the determining actor.

What has happened to the scale of manufacturing in the I-J? Consider the Importance of niche manufacturing as opposed to mass manufacturing In the UK. The scale of manufacturing in the I-J has decreased a huge amount, with far less focus on mass manufacturing and much more focus on small scale. This Is due to a change that has lead to workers in the U. K now becoming far more skilled than those found in foreign countries such as China. What are the main constraints on UK manufacturing businesses?

Labor costs are owe very high due to the Increased number of highly skilled workers expecting to be paid a fair wage due to governmental laws and legislations that are not in place In countries such as China, or Taiwan. Is it possible to survive on UK manufactured products? T Off daily basis. What reasons have been suggested for the success of JOB? Being an expert in what they do, and targeting the whole world and not Just focusing on the U. K as their only customer base. Also remaining privately owned What problems does JOB face in sourcing its supplies from the ILK?

They simply don’t exist, they cannot source many of their materials in Britain How does UK manufacturing compare with that of Germany? There are far more companies based within Germany that are privately owned or owned by families than we see in the U. K, and not only that but their processing of materials and their high levels of engineering and such puts them head and shoulders above other countries. Is JOB capital or labor intensive? Why? What should the UK be doing to improve its manufacturing base? How does UK manufacturing impact on other areas of the economy?

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