company‚ Bajaj Auto‚ is ranked as the world’s fourth largest two- and three- wheeler manufacturer and the Bajaj brand is well-known across several countries in Latin America‚ Africa‚ Middle East‚ South and South East Asia. Founded in 1926‚ at the height of India’s movement for independence from the British‚ the group has an illustrious history. The present Chairman of the group‚ Rahul Bajaj‚ took charge of the business in 1965. Under his leadership‚ the turnover of the Bajaj Auto the flagship
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Assignment # 1 http://in.reuters.com/article/2013/09/14/autos-gm-union-idINL2N0HA0JF20130914 The autoworkers union and General Motors Canada have reached a tentative agreement that would extend their existing contract for production and skilled trade workers at its assembly plant in Ingersoll‚ Ontario for an additional four years. With the tentative deal in place workers can somewhat be assured that their jobs are secured for at least four years‚ with job security may bring a sense of Job Satisfaction
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(API) started manufacturing scooters in the country. Bikes are a major segment of Indian two wheeler industry‚ the other two being scooters and mopeds. Indian companies are among the largest two-wheeler manufacturers in the world. Hero Honda and Bajaj Auto are two of the Indian companies that top the list of world companies manufacturing two-wheelers. The two-wheeler market was opened to foreign companies in the mid 1980s. The openness of Indian market to foreign companies lead to the arrival of new
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Introduction To start my introduction I would like to begin with the mission statement of Penske. "Unique in its heritage and formidable in its national and international scope‚ Penske Corporation is a closely held transportation services company that encompasses retail automotive sales and services‚ truck leasing‚ supply chain logistics management‚ transportation components manufacturing‚ and high-performance racing‚"(Penske.com). In my evaluation of Penske I ’ve gained a lot of new information
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India has a glorious history. Bajaj Group is one of the top 10 commercial establishments in India. Its footprint across a wide range of industry sectors‚ including automobiles (two-wheelers and three-wheelers). The Group’s flagship company‚ Bajaj Auto‚ is listed as the world’s fourth largest two-and three-wheeled motorcycle manufacturer Bajaj brand is well-known in several countries of Latin America‚ Africa‚ Middle East‚ South Asia and Southeast Asia. http://www.bajajauto.com/bajaj_corporate.asp
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places where industry trends promise to hold the greatest significance as either opportunities or threats. • Rivalry among existing firms – High. The two-wheeler industry is categorized by intense competition mainly between the three majors – Bajaj Auto‚ Hero Honda & T V S Motor Co. There are also some small players who are gaining market share such as LML & Kinetic. The industry is constantly witnessing price-cuts‚ freebies & product launches. • Threat of Substitute Product – High. The two-wheeler
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Czechoslovakia. Four years after‚ the company began to use motorcycle parts in producing motorcycle vehicles. The company used in diversification strategies specifically the related diversification which means adding new but related products or services. Skoda auto first produced bicycles and then motor vehicles until they produce cars which has been made then motor vehicles until they produce cars which has been made them won numerous awards for producing quality automobile products and made them ‚as the largest
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This bike has virtually redefined biking in this country. Pulsar launched in 2001 is the market leader in the 150 cc + performance bike segment. More than that‚ this brand changed the fortune of Bajaj Auto Ltd. Brand owned by Bajaj Auto IndiaDeveloped by- •Product engineering division of Bajaj Auto •Japanese design house Tokyo R&D Before the introduction of thePulsar‚ Indianmotorcycle market trend was- •Fuel efficient •Small capacity motorcycles •80-125 cc classexcept forEnfield Bullet‚bigger
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India that are awaiting a launch in the near future 3. Big Players This section provides detailed information on every bike manufacturer in India‚ features of motorcycles‚ motorcycle parts‚ and cheap motorcycles. 3.1 Bajaj Auto Established in 1945‚ Bajaj Auto Ltd. was incorporated as a trading company. Till 1959‚ they imported scooters and three-wheelers from Italy and sold them in India. The company got a production license in the year 1959 and fastened a technical
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Contents Executive summary: 2 Company Analysis: 2 Introduction: 2 Vision 3 Mission: 3 Market Situational Analysis: 3 Strengths: 3 Weakness: 4 Opportunities: 5 Threats and the COMPETITION : 5 Competitors: 6 Peugeot: 6 Renault: 6 Implementation and control: 6 Market mix strategies: 6 Evaluation and Control 7 Financial Reviews: 8 Consolidated Balance sheet (CZK million) 8 Sales /Financial Projection Based on the facts of Past years 8 Reccomendations 9 References
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