Automotives AUGUST 2012 For updated information‚ please visit www.ibef.org 1 Automotives AUGUST 2012 Contents Advantage India Market overview and trends Growth drivers Success stories: Maruti‚ Tata Motors Opportunities Useful information For updated information‚ please visit www.ibef.org 2 Automotives Advantage India AUGUST 2012 Growing demand • Innovation opportunities • FY16E Market size: USD145 billion Strong demand growth
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Indian Auto industry Finance Availability Poor public transport system Improved Infrastructure Low car penetration Rising Family Income Exchange of Cars Favorable duty structure Changing lifestyle Pestel AUTO POLICY VISION TO ESTABLISH A GLOBALLY COMPETITIVE AUTOMOTIVE INDUSTRY IN INDIA AND TO DOUBLE ITS CONTRIBUTION TO THE ECONOMY BY 2010 1. POLICY OBJECTIVES This policy aims to promote integrated‚ phased‚ enduring and self-sustained growth of the Indian automotive industry. The objectives
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influx of jobs thanks to the methods implemented by Henry Ford involving his assembly line. The mass production of cars would lead to other innovations in roads‚ transportation‚ and the everyday life of the common United States’ citizen. Henry Ford did not invent the assembly line‚ but only perfected it in such a way that automobiles could be put together in large numbers by people who only had to know how to apply one part to do their job. Ford didn’t stop there‚ he changed the life of every city dwelling
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IN AUTOMOBILE INDUSTRY Success in automobile industry: General Motors and Ford Motor Co. May 8th‚ 2008 Abstract Automobile becomes a necessary of transportation. As the result‚ every automobile manufacturer is trying to share in automobile market. At beginning‚ there were only few automobile manufacturers in the world‚ especially in the United State and Europe. As time passing by‚ not only American auto brands and European auto brands in the world‚ but
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Introduction to Automobile Industry AUTOMOBILE INDUSTRY Indian automobile industry has grown leaps and bounds since 1898‚ a time when a car had touched the Indian streets for the first time. At present it holds a promising tenth position in the entire world with being # 2 in two wheelers and # 4 in commercial vehicles. Withstanding a growth rate of 18% per annum and an annual production of more than 2 million units‚ it may not be an exaggeration to say that this industry in the coming years will
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Sharon Garcia International Business management 4/13/11 The Global Automobile Industry in 2009 1To have a thriving and growing economy you have to have a strong manufacturing base that is outputting quality goods in large quantities. In the case of the United States much of the economy in the past has been built on housing sales and the automotive industry. America ’s modern automotive industry is being hurt by two things: Unionized labor and cheaper imports from Asia. Why build cars in North
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Abstract The main content of the essay concerns the German automobile industry. Combining with Porter’s diamond theory‚ the competitiveness of this sector is analyzed in detail. The essay is divided into two sections. In section one there is a brief outline for the German automobile industry regarding diverse factors in production‚ employment‚ export and innovation. In section two‚ the specific analyses for the German automobile manufacturing in terms of determinants of the diamond theory is illustrated
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You are here: Home › World Industries › Auto Industry › Auto Industry | Automobile Industry | Car Industry Auto Industry | Automobile Industry | Car Industry Automobile Industry History : In the year 1769‚ a French engineer by the name of Nicolas J. Cugnot invented the first automobile to run on roads. This automobile‚ in fact‚ was a self-powered‚ three-wheeled‚ military tractor that made the use of a steam engine. The range of the automobile‚ however‚ was very brief and at the most‚ it could
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Porter’s Five Forces of automobile industry. Globalization had indeed left its impact on the automobile industry. Now foreign auto dealers were facing lesser restrictions to operate in overseas markets. Michael E. Porter in his book “Techniques for analyzing industries and competitors” dealt with five competitive forces that shaped all industries. This helped to analyze the intensity of competition which had an impact on the profitability of an industry. The US automobile industry was considered as
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AUTOMOBILE INDUSTRY IN INDIA The automotive industry in India is one of the larger markets in the world and had previously been one of the fastest growing globally‚ but is now seeing flat or negative growth rates. India’s passenger car and commercial vehicle manufacturing industry is the sixth largest in the world‚ with an annual production of more than 3.9 million units in 2011. According to recent reports‚ India overtook Brazil and became the sixth largest passenger vehicle producer in the world (beating
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