Friday 26th September 2003

More Factories Required

170 new plants required by 2020 says research boffin

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Whilst the existing car market may not be growing at an exciting pace, industry researchers suggest that more manufacturing capacity will be required in the years to come to satisfy the demand from developing countries keen on acquiring new cars rather than Hillman Hunter derivatives.

UK forecasting expert Max Pemberton mumbled at the Frankfurt show, "The demand for cars is out there and will continue to rise, particularly in developing countries. Therefore, paradoxically, while the current spate of global capacity restructuring is unavoidable, there is a real danger that companies are left unable to expand their manufacturing capacity to cope with increasing demand over the next 20 years, thereby jeopardising their ability to maintain and grow market share."

A report penned by Pemberton forecasts that more than 1.5 billion vehicles will be sold in the next 17 years, with global annual vehicle sales running at 100 million by 2020. This means that a company sales of 5.8 million vehicles in 2000 will need to produce 10 million vehicles to maintain their market share in 2020. The extra manufacturing capacity necessary to do this on a global basis is the equivalent of 170 plants capable of turning out 300,000 units a year.

[Nacnud]

Had a look at the VX220 - The Turbo is not listed as an engine option, it's listed as a trim option!

Maybe they know something we don't

[PetrolTed]

[bor]

Nacnud said:

Had a look at the VX220 - The Turbo is not listed as an engine option, it's listed as a trim option! Maybe they know something we don't

I think you know something we don't.

??????????????????????????????????

[Nacnud]

Ooops

I pushed the wrong 'Comment' button on the page.
The comment is supposed to be about Vauxhall's new website!

[cjn]

more factories required - until oil runs out

doh!

[cjn]

more factories required - until oil runs out

doh!

[900T-R]

...or money... apparently there isn't enough to go around anyways... so what's up with all those premium car manufacturers that got swallowed by the big'uns and suddendly looked to double, triple, quadruple their outputs in the next years? To whom will they sell those cars?

as for '' emerging econimies'- yes there is some scope, provided you're more volume- than margin-oriented as a car manufacturer (why? world domination?) and can take a risk with dodgy regimes suddendly seizing and nationalizing your assets...