National Policy, Global Giants: How Australia Built and Lost its Automotive Industry

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John Wormald Kim Rennick

National Policy, Global Giants

How Australia Built and Lost its Automotive Industry

John Wormald, Kim Rennick

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English

Cambridge University Press
02 January 2020

Business strategy; Road vehicle manufacturing industry; Industrial relations

What can we tell about the future of automobiles and the industries that make them by examining their past? Wormald and Rennick trace the history of powered land transport, the rise and fall of the railways, the spectacular rise of the automobile, and what might come next. Delving into the mighty and complex automotive industry, following the growth of the markets and production, this book illustrates the globalization of vehicle manufacturers and component suppliers, giving form to the development of the industry's business model. A key factor in an auto-industry's successes and failures is the often-difficult relationship it has with government, which varies in nature from country to country. As an illustrative case, Wormald and Rennick present and analyse the entire lifecycle of Australia's automotive history – including its birth, growth, functioning and death - and its shifting relationship with the government that supported it.

By: John Wormald, Kim Rennick
Imprint: Cambridge University Press
Country of Publication: United Kingdom
Dimensions: Height: 235mm, Width: 156mm, Spine: 22mm
Weight: 670g
ISBN: 9781108486064
ISBN 10: 1108486061
Pages: 350
Publication Date: 02 January 2020
Audience: Professional and scholarly , Undergraduate
Format: Hardback
Publisher's Status: Active

1. The triumph of the automobile – and its incipient decline; 2. From revolution to revolution: a changing automotive industry; 3. The vehicle manufacturers: a controlling global semi-oligarchy; 4. A highly-disciplined global partnership: the components suppliers; 5. Tense relationships: the automotive industry and government; 6. Enthusiastic adopters: growth and change in the Australian car market; 7. The end of a life cycle: the rise and fall of the Australian light vehicle industry; 8. Distant children: Australian vehicle manufacturers and their foreign parents; 9. The Australian component suppliers: doomed by being so sub-scale; 10. From consistency to contradiction: Australian government automotive policy; 11. Government support policy and sectoral analysis: lessons learned.

John Wormald is Managing Partner and co-founder of Autopolis, which specializes in strategic assignments for actors in and around the global automotive industry, critically analysing the industry in order to understand its structures, relationships, influencing factors and dynamics. He is co-author of two major books about the automotive industry. Kim Rennick is Autopolis's partner resident in Australia. He also provides consulting services to business owners in the fields of governance, directorship and leadership. He has co-authored submissions and papers for the Australian Productivity Commission, the Australian Competition and Consumer Commission and various State and Federal Government Inquiries.

Reviews for National Policy, Global Giants: How Australia Built and Lost its Automotive Industry

'Australia is a large country that relies on motor vehicles, to keep us all connected, working and living across this vast landscape. Wormald and Rennick have captured this Australian automotive vehicle dependent context, with evidence-based research. It is posited within the politics of government policies and reviews, that sought to support, but eventually lead to its demise. Our industrial and manufacturing sectors are in transition. Wormald and Rennick's detailed chronicle of the automotive industry provides lessons for other sectors to learn from as we build new organisational capabilities to support our value-adding exports and sustain our sovereign security.' Michael W. McLean, FAICD, FIMC-CMC, FAOQ, JM 'A formidable command of the industry, its makeup and its history born of the authors' having lived and breathed it for decades. I discovered things I didn't know about the period I wrote a Ph.D. about.' Nicholas Gruen, CEO of Lateral Economics and architect of the Button Plan