automotive industry in australia - mtaa · source: ibisworld, x0014 automotive industry in...

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Automotive industry in A Based on IBISWorld data, the Au components: Motor Vehicle Manufacturing Motor Vehicle Body & Trailer M Automotive Electrical Compone Manufacturing Motor Vehicle Wholesaling Motor Vehicle New Parts Retail Motor Vehicle Dismantling and Wholesaling Key Statistics Revenue: 162,018.3($m) Establishments: 75,857 Businesses: 50,181 Employment: 312,691 Employees per Establishment: 4. Average wage: $58,091.20 Source: IBISWorld, X0014 Automotive Indust 16,840 5,538 Figure 1: Number o QLD SA Australia ustralian automotive industry is comprised of the Manufacturing ent ling Used Parts Motor Vehicle Dealers Motor Vehicle parts retai Motor Vehicle Electrical S Motor Vehicle Body, Pain Repair Motor Vehicle Engine and Maintenance Market Share Toyota Motor Corporation GM Holden:2.4% Ford Australia:1.7% .1 try in Australia, Whytcross, D., April 2015. 22,530 19,875 0 8,193 1,441 759 683 of Automotive Businesses, by State and Terr NSW VIC WA TAS NT ACT e following industry iling Services nt and Interior d Parts Repair and n:5.4% 0 ritory, 2014-15

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Page 1: Automotive industry in Australia - MTAA · Source: IBISWorld, X0014 Automotive Industry in Australia, Whytcross, D., April 2015. Summary The Australian automotive industry is going

Automotive industry in Australia

Based on IBISWorld data, the Australian automotive industry

components:

Motor Vehicle Manufacturing

Motor Vehicle Body & Trailer Manufacturing

Automotive Electrical Component

Manufacturing

Motor Vehicle Wholesaling

Motor Vehicle New Parts Retailing

Motor Vehicle Dismantling and Used Parts

Wholesaling

Key Statistics

Revenue: 162,018.3($m)

Establishments: 75,857

Businesses: 50,181

Employment: 312,691

Employees per Establishment: 4.1

Average wage: $58,091.20

Source: IBISWorld, X0014 Automotive Industry in Australia, Whytcross, D., April 2015.

16,840

5,538

Figure 1: Number of Automotive Businesses, by State and Territory, 2014

QLD

SA

Automotive industry in Australia

Based on IBISWorld data, the Australian automotive industry is comprised of the following industry

Motor Vehicle Body & Trailer Manufacturing

Component

Motor Vehicle New Parts Retailing

Motor Vehicle Dismantling and Used Parts

Motor Vehicle Dealers

Motor Vehicle parts retailing

Motor Vehicle Electrical Services

Motor Vehicle Body, Paint and In

Repair

Motor Vehicle Engine and Parts Repair and

Maintenance

Market Share

Toyota Motor Corporation

GM Holden:2.4%

Ford Australia:1.7%

4.1

Source: IBISWorld, X0014 Automotive Industry in Australia, Whytcross, D., April 2015.

22,530

19,875

16,840

8,193

1,441 759 683

Figure 1: Number of Automotive Businesses, by State and Territory, 2014

NSW

VIC

WA

TAS NT ACT

comprised of the following industry

Motor Vehicle parts retailing

Motor Vehicle Electrical Services

Motor Vehicle Body, Paint and Interior

Motor Vehicle Engine and Parts Repair and

Toyota Motor Corporation:5.4%

22,530

Figure 1: Number of Automotive Businesses, by State and Territory, 2014-15

Page 2: Automotive industry in Australia - MTAA · Source: IBISWorld, X0014 Automotive Industry in Australia, Whytcross, D., April 2015. Summary The Australian automotive industry is going

Source: IBISWorld, X0014 Automotive Industry in Australia, Whytcross, D., April 2015.

Source: IBISWorld, X0014 Automotive Industry in Australia, Whytcross, D., April 2015.

Summary

The Australian automotive industry is going through a period of unprecedented change culminating

in the closure of car manufacturers Toyota, Holden and Ford, in Australia in 2017. The impact of

these closures can be seen in figure 2 with an abrupt decline in the forecast of employment and

revenue growth between 2016 and 2018. These closures will have the biggest impact on businesses

involved in manufacturing, whether it be the vehicles themselves, or parts for vehicles.

However, the industry will continue to adapt and evolve. Businesses involved in wholesale and retail

will benefit from greater access to imported vehicles and parts. There is already evidence that new

car sales are on the rise driven by a combination of low interest rates and Government incentives.

And as long as there are more vehicles on the road there will be a need for servicing and repair.So it

is forecast that the Australian automotive industry as a whole will return to a period of positive

growth sometime after 2018.

-10

-8

-6

-4

-2

0

2

4

%

C

h

a

n

g

e

Figure 2: Revenue vs Employment Growth, Australia, 2005-2020

Revenue

Employment

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

90,000

U

n

i

t

s

Figure 3: Number of Establishments vs.

Businesses, Australia, 2005 - 2020.

Establishments

Businesses