Automotive Global Value Chain: The Rise of Mega Suppliers

ISBN-13: 9781138237049 / Angielski / Twarda / 2017 / 294 str.

Wilson Kia Onn Wong

Opis

In the pre-globalisation period, automakers wielded absolute power over their significantly smaller suppliers. This book reveals the upending of this relationship, with the gradual shift in the balance of power from automakers to their suppliers.

It examines how suppliers in the global tyres, seats, constant velocity joints, braking systems and automotive semiconductor industries have evolved into powerful oligopolies through a mix of acquisition and organic growth strategies. It highlights how joint ventures could be strategically deployed as springboards to acquisition, as they enable firms to familiarise themselves with their partners’ markets and operations.

O autorze

Wilson Kia Onn Wong completed his PhD at the Centre of Development Studies, University of Cambridge, under the supervision of Professor Peter Nolan, who holds the Chong Hua Chair in Chinese Development. His PhD research focused on the factors driving the formation of oligopolies in the global automotive components industry, specifically in the tyres, car seats, constant velocity joints, braking systems and automotive semiconductor subsectors. Moreover, his research interests span both quantitative and qualitative studies, with particular emphasis on the empirical analysis of the impact of corporate takeovers on acquirers’ stock returns and the economic history of the rise of key automotive manufacturers and their suppliers over the last five decades.