scholarly journals What Does the Success of Tesla Mean for the Future Dynamics in the Global Automobile Sector?

2018 ◽  
Vol 14 (3) ◽  
pp. 471-480 ◽  
Author(s):  
Greg Perkins ◽  
Johann Peter Murmann

After reading Jacobides, MacDuffie, and Tae (2016), the success of Tesla in launching a new automobile company in a crowded sector puzzled us. Jacobides, MacDuffie, and Tae (2016) had convinced us that developing the capabilities to become the manufacturer of a complete, safe automobile system would be quite difficult. Since the establishment of the dominant design for the auto in the 1920s, the industry has operated on the premise of massive economies of scale. Original equipment manufacturers’ (OEMs) role in taking responsibility for the legal liability of the whole automobile, combined with their extensive supply and marketing chains, has ensured they remained dominant in the sector despite some missteps with modularisation and outsourcing efforts (Jacobides, MacDuffie, & Tae, 2016; Schulze, MacDuffie, & Taube, 2015). No major component supplier has succeeded in forward integrating into becoming an OEM and no new entrants have challenged the dominance of the incumbent OEMs since the earliest days of the auto industry (Jacobides & MacDuffie, 2013).


Screen Bodies ◽  
2020 ◽  
Vol 5 (2) ◽  
pp. 46-62
Author(s):  
Yunying Huang

Dominant design narratives about “the future” contain many contemporary manifestations of “orientalism” and Anti-Chineseness. In US discourse, Chinese people are often characterized as a single communist mass and the primary market for which this future is designed. By investigating the construction of modern Chinese pop culture in Chinese internet and artificial intelligence, and discussing different cultural expressions across urban, rural, and queer Chinese settings, I challenge external Eurocentric and orientalist perceptions of techno-culture in China, positing instead a view of Sinofuturism centered within contemporary Chinese contexts.



2021 ◽  
Vol 199 (1) ◽  
pp. 73-85
Author(s):  
Magdalena Raftowicz ◽  
Adriana Kryk ◽  
Izabela Kurtyka-Marcak

The article aims to assess the benefits of implementing the corporate social responsibility (CRS) concept in enterprises and attempts to examine its impact on society and the environment. The analysis of the effectiveness of investments related to CSR was carried out based on literature review and own research (on-line survey) on the example of L’Oréal Polska. The conclusions from the research confirm the existence of numerous profits related to the implementation of CSR initiatives undertaken by the company. Considering own actions in a forward-looking way and taking responsibility for them shows that CSR is a bridge between the present and the future of business. Therefore, the further development of this concept can be forecasted.



Author(s):  
Rebecca J. Kinney

The third chapter examines the story of Detroit’s rebirth through both a reliance on its storied past and the possibilities of the future through an examination of a wildly successful commercial starring Eminem. It provides the connective tissue between the storied past of Detroitas as a location of workers and the contemporary narrative of a city on the rise. At its center is the mythic tale provided by the 2011 Chrysler “Born of Fire” commercial. The narrative tale of a rebirth of a city, and by extension the American auto industry, in the face of epic decline makes the story of Detroit the ultimate comeback tale—a phoenix rising from the ashes of destruction.



2006 ◽  
Vol 36 (1) ◽  
pp. 274-298 ◽  
Author(s):  
David Wood

AbstractDerrida insists that we understand the 'to-come' not as a real future 'down the road', but rather as a universal structure of immanence. But such a structure is no substitute for the hard work of taking responsibility for what are often entirely predictable and preventable disasters (9/11, the Iraq war, Katrina, global warming). Otherwise "the future can only be anticipated in the form of an absolute danger". Derrida devotes much attention to proposing, imagining, hoping for a 'future' in which im-possible possibilities are being realized. It is important to steer clear of the utopian black hole, the thought (or shape of desire) that the future would need to bring a future perfection or completion. The future may well exhibit a universal structure of immanence. But what is equally disturbing is not our inability to expect the unexpected, but the failure of our institutions to prevent the all-too-predictable.



2011 ◽  
Vol 1 (4) ◽  
pp. 1-30 ◽  
Author(s):  
Michael Roberto ◽  
Grace Chun Guo ◽  
Crystal X. Jiang

TitleChang'an Automobile and the Chinese automotive industry.Subject areaInternational businessStudy level/applicabilityUndergraduate/graduate/executive education.Case overviewChina has become the world's largest producer of automobiles, surpassing the USA and Japan. The Chinese auto industry differs quite significantly from those countries though. While the industry exhibits a substantial degree of concentration in the USA and Japan in early 2011, it remained highly fragmented in China. The Chinese Central Government had announced a desire for consolidation, yet it remained unclear whether a significant shakeout would occur in the near term.Like many Chinese automakers, Chang'an partnered with well‐known global auto makers to develop, produce, and distribute its products. In the coming years, Chang'an hoped to develop more independence from its foreign partners, including the production and distribution of self‐branded cars. However, the company grappled with how it could strive for independence while managing its existing joint ventures. Executives worried too about how to compete with foreign automakers who had achieved global economies of scale.The case provides a rich description of the evolution of the Chinese auto industry, and it documents how the Chinese industry differs from other global markets. Readers can analyze the extent to which they believe scale economies provide foreign firms an advantage over smaller Chinese rivals, and they can evaluate the conventional wisdom regarding the industry's minimum efficient scale. The case also provides a detailed account of Chang'an's rise to prominence. The case concludes by offering an in‐depth description of the firm's key rivals, and it presents the key questions being considered by Chang'an executives in 2011.Expected learning outcomesEnables students to examine how and why an industry's structure can differ substantially across geographic markets. Enables students to examine whether the need to achieve economies of scale may cause substantial consolidation in the Chinese auto industry. Provides an opportunity to evaluate the pros and cons of the joint venture strategies employed in China. Provides an opportunity to examine how a relatively small firm can position itself against large multinationals in a high‐growth emerging market.Supplementary materialsTeaching notes.



Author(s):  
Raymond Hobbs

The Integrated Energy Strategy (IES) is a systemic approach to pursue several goals by applying technologies that have not been integrated before. The concept was to maximize the use of proven technologies that reduce the risk while focusing on the key enabling developments that leverage the benefits of a systems approach. Each of the component operations illustrated in the paper will be part of the US energy infrastructure in the future. Additional economies of scale and advantages of earlier availability result from the APS-NETL approach. The future of America’s energy infrastructure must support utilities becoming leaders in transitions rather than just forced customers of risky solutions.



2014 ◽  
Vol 30 (5) ◽  
pp. 1492
Author(s):  
Charles F. Beauchamp

<p>Master limited partnerships have grown in size, number, and economic importance over the past fifteen years. They now represent a stable and healthy component of many investment portfolios. MLPs have generated impressive risk-adjusted performance compared to that of other equity investments. This performance is the result of their fee-based, low risk business structure that produces a steady cash distribution to investors. The future to these traditional MLPs and similar new entrants is quite positive. However, new entrants that potentially deviate from this successful operating structure are entering the MLP market. This raises major questions regarding the sustainability of these firms as MLPs. This study examines the future of MLP markets within the context of traditional and non-traditional new entrants. Furthermore, the emergence of institutional investors on MLP markets is discussed.</p>



Significance Low global oil prices are weighing heavily on the profitability of the Gulf Cooperation Council (GCC) banking sector. Moody's Investors Service in March downgraded 26 GCC banks. This raises questions about the future of retail banking in the region. Impacts GCC governments' commitment to developing financial hubs will support retail banking. However, lack of economic integration in the region will prevent regional Gulf banks from benefitting from economies of scale. Fragmentation in the retail market means that each country will be dominated increasingly by their largest banks.



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