Will the "Airbus of batteries" be able to encourage OEMs to get involved in the industry?

Airbus as the one stop shop reference...

The debate sparked by the Competition Commissioner rejecting the merger of Alstom and Siemens has had the merit of reviving an idea of the EU that has been somewhat forgotten since the Single Act more than 30 years ago: that creating the single market could also make it possible to conduct industrial and research policies that are equal to those designed and implemented elsewhere in the world.

This may mean that instead of considering that the short-term interest of consumers should be the only compass of European policies, there are cases where, for geostrategic reasons, it may be appropriate to protect themselves and hold industrial firms accountable for their responsibilities to the territories, employees and economies to which they belong. read more

Pièces de rechange protégées : les problèmes de pouvoir d’achat sont-ils solubles dans la concurrence ?

Gilets jaunes et pièces détachées
Le 5 mars dernier, après s’être référé au pape du libéralisme Friedrich HayekEdouard Philippe a, dans le cadre de la célébration du dixième anniversaire de l’Autorité de la concurrence poursuivi son discours ainsi "La concurrence n’est évidemment pas la solution à tous les problèmes. Mais elle est une des solutions au problème de pouvoir d’achat auquel notre société fait face. Si l’Etat dispose bien sûr des leviers fiscaux et budgétaires pour répondre à ce défi, nous devons également nous attaquer à un autre aspect : celui des dépenses ‘contraintes’. Ces dépenses dont on ne peut pas se passer et dont chaque hausse injustifiée s’apparente à un impôt caché. Le temps est venu de résorber quelques-uns de ces  ‘angles-morts du pouvoir d’achat ‘."  
 
C’est dans ce cadre qu’il a remis en selle une vieille marotte de l’ADLC : la remise en cause de la protection du monopole des constructeurs sur les pièces visibles par les dessins et modèles. 
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Valeo or the narrow door between long-term industrial strategy and shareholder impatience

Your money or your life!

Last week's exercise by Jacques Aschenbroich, Valeo's CEO, was quite emblematic of the difficulty that top managers in the automotive industry will face in the coming months. With a stagnant market at best and strong regulatory pressures, financial results will almost inevitably fall short of the promises made in the major strategic plans that each had developed. Analysts and financial markets will not appreciate and will drive down share prices.
 
CEOs will then have to stand firm and defend their long-term strategies and the investments that embody them against strong shareholder pressure.
 
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Despite their good results, French automakers are imposing wage moderation

French automakers now imposing wage moderation...

February in corporate France is both the month of the presentation of financial results and the month in which management and trade union organisations must close the so-called Négociations Annuelles Obligatoires ("mandatory annual negotiations").
 
Led in the midst of the "yellow vests" social movement in a context where PSA is doing very well and Renault is doing well, one might have expected that after having imposed years of hardship, manufacturers would have given up a little in France and granted the wage increases requested by the unions for 2019.
Indeed, while management is quite happy to grant bonuses that have the great merit of being able to be awarded or not from one year to the next depending on the company's results, and are also exempt from social security contributions, they are reluctant to accept general salary increases.
Conversely, trade unions would like to obtain wage increases that are irreversible and involve an increase in contributions and, therefore, in unemployment or pension rights later.
 
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De quoi le renoncement de Koolicar à poursuivre l’aventure de la location entre particuliers est-il le signe ?

Stop the train I'm leaving

Le Landerneau des "nouvelles mobilités" a du faire face  mi-2018 à la fin d’Autolib’ qui a montré combien il reste difficile de développer de manière rentable un service d’auto-partage utilisant une flotte dédiée. read more

Fin 2018, on apprenait qu’une des start-ups pionnières de l’auto-partage entre particuliers, Koolicar, fermait sa plateforme dédiée pour se recentrer sur leur autre activité, Open Fleet qui offre à des gestionnaires de divers types de flottes les outils qui leur permettent d’en optimiser les usages en les partageant.
 

CfP - "managing new mobilities", R&D Management conference 2019, X HEC

Date: 
01/03/2019
Emission / Séminaire / Colloque: 

"manager les nouvelles mobilités", colloque R&D Management 2019, X HEC

We would like to invite you to submit a 500–1000 word abstract to the upcoming R&DManagement 2019 Conference organized in Paris by École Polytechnique and HEC Paris. The conference entitled  TheInnovationChallenge: BridgingResearch, IndustryandSociety" will takes place from 17-21 June, 2019. A specific track is dedicated to new mobility transition issues :
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2019: a year of fundamental decisions for carmakers

Disruptive profit strategy : could Detroit mix oil and vinegar ?

The weekly column of Bernard Jullien , former director of Gerpisa, lecturer in economics (University of Bordeaux) and scientific advisor to the Essca Group's Chair of Network Management.

The season of financial results is on this February and most of the world's major automakers are indicating, one after the other, that 2019, as we reckon the years to come, will disappoint shareholders.
 
Only a handful of automakers, such as FCA or GM, have succeeded in improving their results over the year 2018.
FCA nevertheless expects a less promising 2019 financial year. GM has already undertaken a plan to maintain its profit rate in the United States in November, cutting 11,000 jobs. Most of the car manufacturers, like Daimler or Ford, have already seen their results drop in 2018. Ford hopes to do better in 2019 thanks to a fairly drastic restructuring plan for all its activities.
Daimler announced this week that achieving a margin target in the 8 to 10% bracket could not be expected until 2021.
 
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Hard Brexit and the car industry

Hard Brexit, take your bets : 7 weeks to go...

The weekly column of Bernard Jullien , former director of Gerpisa, lecturer in economics (University of Bordeaux) and scientific advisor to the Essca Group's Chair of Network Management.

No one had wanted to believe in Brexit and it came. No one wanted to believe in a "no deal" and this is the scenario that is now emerging.
 
It was clear that it was politically important for Brussels to flex muscles and to indicate that opting out would have a cost. 
It was clear that Brexit supporters, on the other hand, were keen on showing that they did not intend to let themselves be reimposed on Brussels standards as part of a deal.
However, it was thought on both sides that reason would eventually prevail and that well-understood interests on both sides of the Channel would lead to a Norwegian-style free-trade agreement. 
The anti-Theresa May vote on 15 January shattered these hopes, which were a reason not to be very actively preparing for a "no-deal". In the automotive industry, as elsewhere, we must take up our calculatoragain and try to understand very quickly what is likely to happen.
 
To this end, a number of statistical realities should be recalled with respect to British motor vehicle foreign trade. 
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Appel à communication / Call for Papers - Revue Flux - ''Déclin et survie des mobilités automobiles ?''

Date: 
17 December, 2018 - 12:00

Revue FLUX

Type of event: 
Call for paper
Deadline: 
18 December, 2018 - 17:00

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Renault face aux instabilités des marchés et des taux de change ou les aléas de l’intercontinentalisation

Marché émergent pour amateurs de sensations fortes
 
Renault a annoncé le 22 octobre un chiffre d’affaires trimestriel global en recul de 6% (de 12,2 à 11,5 milliards d’euros) avec une légère augmentation du côté du financement (+ 190 millions) qui ne parvient pas à compenser les 917 millions perdus du côté des ventes d’automobiles. Ces 917 millions de baisse (- 8,4%) sont associés à une légère augmentation (2,9%) du nombre de véhicules vendus si l’on intègre les utilitaires chinois Jinbei & Huasong comme Renault le fait désormais et à une légère baisse (- 1,7%) si l’on s’en tient au périmètre qui était celui de 2017. Comme la traditionnelle "analyse de la variance" proposée aux analystes le montre, les trois variables explicatives qui ont pesé les plus lourd sont, par ordre d’importance croissante, les volumes perdus, la baisse des ventes aux partenaires et surtout les variations de taux de change. Ces dernières ont fait perdre au groupe 444 millions soit 48,4% des 917 millions.
 
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