How to Become the World Top Auto Manufacturer: Development Experiences of GM, Toyota and Hyundai for Chinese Auto Enterprises

Author

Xue-hong, Ji ; Yong-lin, Wu

Author_Institution

Sch. of Econ. & Manage., North China Technol. Univ., Beijing, China

Volume

3

fYear

2011

fDate

26-27 Nov. 2011

Firstpage

573

Lastpage

578

Abstract

The paper researches on the auto manufacturers´ course of forming the core competitiveness advantages by analyzing the history of GM, Toyota and Hyundai. It is found that an auto manufacturer to become the world top one should have the following capabilities: R&D innovation, management innovation, attracting and keeping the talented persons, large-scale operation, and exploration of the global market. The paper offer three strategies for Chinese Auto Enterprises that include following the successful path step by step, taking localized innovation and making different strategies based on the company´s condition.

Keywords

automobile industry; innovation management; Chinese auto enterprises; GM; Hyundai; R&D innovation; Toyota; global market exploration; large-scale operation; localized innovation; management innovation; world top auto manufacturer; Biological system modeling; Companies; Economics; Industries; Production; Technological innovation; Vehicles; Auto enterprises; Developing course; Development strategies; Organizing capabilities;

fLanguage

English

Publisher

ieee

Conference_Titel

Information Management, Innovation Management and Industrial Engineering (ICIII), 2011 International Conference on

Conference_Location

Shenzhen

Print_ISBN

978-1-61284-450-3

Type

conf

DOI

10.1109/ICIII.2011.435

Filename

6116951