South Africa’s CEOs are contending with similar issues as their global counterparts, with the majority viewing Government response to the fiscal deficit and debt burden, social instability and high employment as barriers to business growth. Working within the automotive industry is fast-paced and an exciting career choice, with over 17 million cars and motorcycles registered in Australia that all need to be serviced and repaired. The automotive industry holds opportunities for MBAs, if they have previous automotive experience! This year they are placing particular emphasis on data mining and analysis (83%), mobile technologies for engaging with customers (77%) and tools for boosting cybersecurity (77%). Forward-looking indicators suggest there is plenty of opportunity for additional growth in the future. The automotive industry comprises companies involved in the design, manufacture and selling of motor vehicles. For Automotive Mechanics working full-time, average weekly hours are 40.3 compared to 40.9 for other occupations and unemployment for Automotive Mechanics is below average. “There is definitely a huge opportunity for South African manufacturers to increase the localisation of components,” concludes Minie. The Egyptian new light vehicle market is up a healthy 9.8%, bringing the year-to-date total to 140,431 registrations. © 2010 - 2021 PwC. The automotive aftermarket is a vast and diversified industry globally. These companies are more than often engaged in the design, research, development, manufacture, sale and maintenance of motor vehicles and parts. Car care businesses will continue to grow at a faster rate than the overall economy. The automobile can be a materialistic trifle, they can be a vital vehicle, they can be for the game and so forth. The demand for highly skilled technicians in all sectors of the industry will continue to grow as the government subsidises the long anticipated green-car revolution. Career Opportunities. Taxi / Cab Services; When it comes to starting a transportation related business, one of the easy to start businesses that readily come to mind is the taxi services business.With just a car, an entrepreneur can successfully launch is tax business. offer an opportunity to automotive industry participants to use digitalisation as an enabler to create a unique competitive advantage across the value chain. A career as an automotive mechanic over the next four years to November 2019 is expected to be above average (between 25,001 and 50,000). “The buying power of the consumer is declining and this will have an effect on the sales of new motor vehicles,” adds Minie. “South Africa is a production hub for the global automotive industry and therefore trade relations are important,” says Kobus Minie, PwC Automotive Industry Leader for Southern Africa. In particular, the Algerian market is under considerable pressure with sales down 15.7% to 157,057 units over the last 25 months. Automotive CEOs surveyed by PwC as part of its 18th Annual Global CEO survey, are less concerned about new rivals from adjacent industries invading their space. Currently, there are a number of pressing issues affecting the global automotive industry. Now that Iran has reached a historic deal with world powers, assembly is expected to increase even further to catch up with high pent-up demand. Careers in the sector are wide-ranging and continually evolving with the development of new technologies. The drop in the oil price has helped pushed the demand for pickups and SUVs globally. The $118 bn Automobile industry is expected to reach $300 bn by 2026. The other three markets – South Africa, Morocco and Algeria – are down. The automotive industry is a low-margin, capital-intensive industry. A career opportunity in the automotive industry that is expanding is a body and paint specialist. Looking forward employment for Automotive Mechanics to November 2019 is expected to remain steady. Opportunities And Challenges In China's Automotive Industry Automotive ... As China’s automotive market enters its next stage of development, both challenges and opportunities await. The automotive industry is facing huge transformations, set to affect not only manufacturers and subcontractors. Automotive industry, all those companies and activities involved in the manufacture of motor vehicles, including most components, such as engines and bodies, but excluding tires, batteries, and fuel.The industry’s principal products are passenger automobiles and light trucks, including pickups, vans, and sport utility vehicles. Overall, the Indian automotive industry is a major employment creator, GDP contributor, and FDI earner. Whether you’re a grease monkey or a salesman, odds are there’s an automotive job that suits you. In this global environment, it is of interest to determine if company executives and independent analysts agree on ways to address such opportunities and threats. 16.16-18.18 trillion (US$ 251.4-282.8 billion) by 2026. New Automobile Industry jobs added daily. Despite calls for industry consolidation, particularly in China, the global automotive market is expected to remain highly diversified throughout the forecast window, with little to no merger & acquisition (M & A) activity at the automaker level. “In addition, the disruptive potential of colliding megatrends is further cause for concern. 50 Best Automotive & Car Related Business ideas and Opportunities. And just over half worry that changes in regulation will have a disruptive impact. Toyota’s success rests on the company’s ability to exploit opportunities and respond to threats in the automobile industry environment. “Despite the many challenges, the automotive industry is exploring new horizons and opportunities for growth,” says Rick Hanna, PwC Global Automotive Leader. Today’s top 679 Automobile Industry jobs in India. Leverage your professional network, and get hired. Please see www.pwc.com/structure for further details. Verified Market Research valued the connected car market at … This is a large occupation suggesting opportunities should be available in most regions. Here is the SWOT Analysis of Automobile Industry:.. Similarly, automotive CEOs worry about finding people with the right skills, how indebted government will manage their fiscal deficits and geopolitical upheavals. All rights reserved. As a very large occupation, this suggests opportunities should be available in most regions. Companies that develop the right strategies and contingent plans will be ensured continued success in … Over the next four years to November 2019, the number of job openings for Automotive Electricians is expected to remain steady. The Other Services industry includes a range of personal care services, such as hair, beauty and weight management services; death care services; administering religious events; or promoting the interests of their members. Of the four major developing markets – Brazil, Russia, India and China (BRIC) – only China is consistent in growth, June and July 2015 which declined year on year approximately 3.3% and 6.6%, respectively, aside. Parts simplification and reduced assembly requirements could have a direct impact on the supply base by reducing the size and complexity of auto supply chains. Indian automotive industry (including component manufacturing) is expected to reach Rs. If you love cars and possess strong technical skills, the auto industry … So what are the strengths, weaknesses, opportunities, and threats in the automobile industry? But they are increasingly anxious about the pace of technological change: 55% are now worried about keeping abreast of new technologies, compared to 49% last year. The lion’s share of the new assembly volume is expected to come from developing markets, and in particular developing Asia-Pacific providing nearly 65% contribution to growth from 2014 to 2021. In addition, there are other tasks related to car maintenance which are also taken care by the automotive technicians. The Other services sector employs approximately 109,300 people, with a growth of 3% over the past five years, with the largest growth in Personal and Other Services. A high proportion of companies engage with the vocational training system in response to their skill needs, influenced partly by the reasonably strong uptake of apprenticeships in the industry. The automotive industry is no exception. The opportunities to develop the automobile industry are shrinking. The automotive is a sector within the Other Services. This industry contributed $6.1 billion to Victoria’s output in 2013-14 representing 2% of the total. Those who do, point to the technology sector as the most probable source of new competition. The outlook for the South African automotive industry. The automotive industry is currently on the road to a more environmentally friendly future and technological innovation will be a crucial feature as cars continue to evolve to meet the needs of a low carbon economy. Germany is Europe’s number one automotive market, accounting for around 25 percent of all passenger cars manufactured (4.66million) and approximately 20 percent of all new car registrations (3.6million). Looking forward, employment for Automotive Electricians to November 2019 is expected to grow slightly. Regulations to reduce CO2 emissions, fluctuating exchange rates, shifts in consumer behaviour and a challenging economic climate are just some of the issues facing the global automotive industry. The automotive industry has seen significant advances in driver assist capabilities. Business opportunities. They’re focusing on adopting digital technologies to create value in new ways, developing diverse and dynamic partnerships and finding different ways of thinking and working. Employment for this occupation rose strongly in the past five years and rose moderately in the long-term (10 years). The number of job openings for Motor Vehicle Parts Technician over the next four years to November 2019 is expected to be above average (between 25,001 and 50,000). COVID-19: South African Government Resource Portal, Senior Manager, Media Relations, PwC South Africa. Here’s a look at the various job opportunities that can be found in the automobile industry. When devising strategies and business models, companies should not only consider direct product purchasers but all users and groups affected by transport issues. The UK automotive industry has had a pretty turbulent time of it lately, but as is often the case in times of change, new opportunities arise writes Luke Hampton, senior supply change manager at the SMMT. For those with the right ambition it represents an exciting time with opportunities to differentiate and stand out from the crowd. Opportunities in Paraguay’s Automotive Industry by Legal Team Paraguay | Jul 30, 2019 Paraguay is heralded as one of the fastest-growing economies in the region, with steady positive economic development over the last 6 years, and a future forecast of another 3.2% growth. Automotive Service Technicians and Mechanics Pay Global automotive industry exploring new opportunities for growth. Recent interest hike rates, as well as subdued consumer confidence, increasingly slow economic growth, household income under pressure and the weakening of the Rand is expected to further limit local sales in 2015. Automotive Electricians are mainly employed in Other Services, Manufacturing and Wholesale Trade. This also implies that there will be a rise in competition in the automobile industry like never before. As one of these specialists, you would have to repair damage that resulted from a car accident of some kind. One area that has the opportunity to deliver significant competitive advantage is analytics. Motor Vehicle Parts Technicians are employed in retail trade, wholesale trade and other services. Automotive Mechanics have a very high proportion of full-time jobs, 93.8%. According to PwC research, global automotive CEOs are exploring new ways to expand. Although the African continent has many challenges, there are a number of opportunities for giant automakers and suppliers who have already started making inroads on the continent. The automotive industry is the largest industry sector in Germany. Middle East Africa (MEA) regional outlook. 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