World Bus & Coach Manufacturing Industry 2006

Aug. 22, 2007 - PRLog -- Purpose: The Report – “The World Bus & Coach Manufacturing Industry 2006” – provides factual information and statistics about the world bus and coach manufacturing industry. Its purpose is to give the reader a clear picture of where we are today in the global bus manufacturing industry and to give an indication as to what might happen in the future.

Readership: The Report is aimed at a readership consisting of bus and coach manufacturers and their component suppliers, public transport operators, investment, sales and marketing consultants, market analysts and research institutions.

Content: This year’s Report again contains market reviews and forecasts for all world markets. The Report has been broadened to include one additional chapter – the results from interviews with CEOs of the leading Western European bus manufacturers. It includes reports on their recent performance and their views on the key issues affecting the global bus industry. The Report also provides the latest update of who owns whom in the bus, coach, chassis and body building industry and who owns whom in components manufacture.

Overview: Western European manufacturers continue to be the powerhouse of the global bus industry, yet Western Europe, can no longer claim to be the biggest base (in numerical terms) of bus and coach making; this now centres on China, but with India becoming an increasing force.

Acquisitions and mergers by manufacturers continue, but the real emphasis in the past two years has been on the negotiation of joint ventures and establishment of wholly-owned subsidiaries around the globe, particularly in the component supply sector.

Future challenges remain numerous. Raw materials’ prices, notably steel and aluminium have risen inexorably and the process of oil and gas, which have hit their highest levels ever, have added devastatingly to manufacturers costs. The tendering process in many parts of the world remains complex and costly and proposed future legislation on safety, exhaust emissions, noise and on manufacturing processes, continue to add substantially to each manufacturer’s research, development and production costs.

Inevitably, manufacturers are looking to reduce production costs and this has meant investigation into moving facilities to low cost (particularly low labour cost) countries. This has resulted in an increasing shift of facilities in Europe from the West to Central and Eastern European countries – and in some instances to other regions, notably to the Far East.

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