Analysis of Cost Structure of China’s Passenger Cars Manufacturing Industries

DOI

10.2991/iccese-18.2018.216How to use a DOI?

Keywords

passenger cars manufacturing industries; cost structure; research and development investments

Abstract

The manufacturing capacity of passenger cars represents one country’s overall manufacturing ability. Recently, passenger cars manufacturing industries (PCMI) of China were faced with some challenges including rising production costs, declining productivity, and unreasonable cost structure. In this article we analyzed the cost structure of 12 Chinese listed passenger cars manufacturers and compared them with those of Ford Motor, Toyota Motor, and Volkswagen Motor, the most representative passenger cars manufacturers from the United States, Japan and Germany. The results indicated that there existed much potential for reducing the materials costs, taxes costs, and financing costs in the cost structure of China's PCMI. At the same time the investments in research and development should be enhanced further, which would be generally low at present. And we found that the rising labor costs were not the main reason in profit decline of China's PCMI.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Kun Liu
PY  - 2018/03
DA  - 2018/03
TI  - Analysis of Cost Structure of China’s Passenger Cars Manufacturing Industries
BT  - Proceedings of the 2nd International Conference on Culture, Education and Economic Development of Modern Society (ICCESE 2018)
PB  - Atlantis Press
SP  - 957
EP  - 961
SN  - 2352-5398
UR  - https://doi.org/10.2991/iccese-18.2018.216
DO  - 10.2991/iccese-18.2018.216
ID  - Liu2018/03
ER  -