Automotive Aftermarket Analysis Industry Definition The automotive aftermarket is a large contributor to the U.S. economy employing nearly 4.6 million people. New replacement automotive parts such as alternators‚ brakes‚ lights‚ bumpers‚ fenders‚ and so on‚ are parts referred to as “aftermarket” or “functionally equivalent” parts when made by a company other than the original car manufacturer (Ford‚ Chrysler‚ Chevrolet‚ and others). This industry sells automotive parts and other products used
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Aftermarket parts are known as IAM (Independent Aftermarket Manufacturer). These parts are produced by independent producers‚ who meet quality standards for these items. Aftermarket segment is also‚ like any industry‚ constantly changing and adapting to customer requests. Studies on the European market trends‚ industry associations made in the past two years reveals that the average age of the fleet of commercial vehicles is about 8.5 years‚ and is expected to grow faster over the next five years
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CHANGES IN THE AFTERMARKET BUSINESS TREND AND THE EFFECT ON CUSTOMER CRDEIT MAGAGEMENT -VINEETA SUMAN LUCKY BHAVINI ACKNOWLEDGEMENT This project has been carried out at the Sales Office of Bosch Ltd.‚ Patna which looks after Bihar aftermarket operation. We are really very glad that we got an opportunity to get an exposure of a real corporate environment at Bosch Ltd.‚ Patna. We are very grateful to Mr. Ashish Ranjan Sharma‚ Business Manager and for
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z Automotive Suppliers - World Market Analysis – 2014-2019 Trends – Corporate Strategies Report code: 3XMTR04 Analyst: Kathryn MCFARLAND Publication date: February 2014 Global Markets And Competition The 5 phases of Xerfi Global’s Global Markets And Competition reports Identification of the playing field At Xerfi Global‚ we believe that international classifications are not the only valid definition of a market. It is the companies that make the sector and not vice-versa. During our first
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Kimbell 3/25/13 MK 4900 Jolson Automotive Hoist‚ Inc. Case I. Situation Analysis Industry Size of Industry - Sales Dollars/Units About 49‚000 hoists are sold each year in North America The price of a single hoist ranges from $3‚000 to $15‚000 making the purchase a capital investment o Using these price ranges‚ total industry sales can be estimated at $147‚000‚000 (if each hoist is $3‚000) to $735‚000‚000 (if each hoist is $15‚000) Hoists are purchased by automotive outlets that service and repair
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AUTOMOTIVE INDUSTRY ANALYSIS Submitted by Team A Donald Bradley Morgan Bruns Adam Fleming Jay Ling Lauren Margolin Felipe Roman Presented to: Prof. Alan Flury December 5‚ 2005 ME 6753: Principles of Management for Engineers Team A ii Executive Summary Chosen industry: This analysis focuses on the automotive industry‚ specifically‚ large-scale manufacturers of automobiles. The automotive industry is inherently interesting: it is massive‚ it is competitive‚ and it is expected to undergo
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External Analysis of The Automobile Industry The automobile industry is an extremely large and complex industry that is made up of many different businesses that all share a part in the manufacturing‚ sale‚ service and financing of automobiles. This industry makes up a large part of the United States economy as well as the world economy‚ and therefore is important to understand. To understand the automotive industry it is best to look at the industry‚ market‚ and competition that shapes it.
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Financial Analysis of General Motors and Ford Motor Company FNCE442 Advanced Finance (FN) Professor: Due date: June 01‚ 2009 Table of Contents Executive Summary 3 Introduction 4 Porter Five Forces Analysis Model 5 Competitive rivalry within the industry 5 Barriers to Entry 6 Threats of Substitutes and Complements 6 Bargaining Power of Customers 6 Bargaining Power of Suppliers 7 SWOT Analysis 7 GM SWOT Analysis 7 Strengths 7 Weaknesses
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The 12th goal‚ which is ensuring sustainable consumption and production patterns (United Nations [UN]‚ 1945)‚ is something that Kongsberg Automotive is thinking about. They are not only dedicated to decreasing the use of resources and materials that are hazardous‚ but their employees are also invested to reformat point of views for the company’s actions to condense resources like water‚ electricity‚ and fuel. By that‚ the staffs are applying new concepts to minimize operation costs and create directions
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Introduction Toyota Corporation is an organization that manufactures quality vehicles at a low price; together with marketing skills and brand recognition to utilize premium-pricing policies. Yet‚ Toyota is not without its share of corporate weaknesses and threats‚ which continually risk its competitive advantage. Weaknesses Toyota is a massive enterprise‚ and being this large comes with even larger problems. Currently the global automobile market‚ due to the recession‚ is in a state of oversupply;
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