Introduction An automobile or motor car is a wheeled motor vehicle for transporting passengers; which also carries its own engine or motor. Most definitions of the term specify automobiles are designed to run primarily on roads‚ to have . seating for one to eight people‚ to typically have four wheels‚ and to be constructed principally for the transport of people rather than goods. Automobile comes via the French language‚ from the Greek auto [self] and mobiles [moving]; meaning a vehicle that
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Ford’s liquidity has improved over the past 3 years. From 2007 to 2008‚ liquidity went down‚ but improved in 2009 better than 2007. Ford has the ability to pay for its current liabilities 1.39 times and without assets‚ Ford has the ability to pay for its current liabilities 1.28 times‚ which means they do not have to rely on sales of inventory. For 2009‚ Ford’s quick ratio was 1.28 and their current ratio was 1.39 which both we better than the industry average which was .90 and 1.17‚ respectively
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in India. TATA has created its brand value not only in India but even outside India it has created its brand by acquiring Jaguar-Land Rover‚ Corus Steel during 2007-08. TATA has been named among top 10 brand companies by Fortune Magazine in the year 2008. It has got into top 100 companies in the survey of Standard & Poor Mody’s research in the year 2008. Being into most valued brand in world the consumer satisfaction to its customers is very important for TATAS and thus they are continuously
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Hyundai-motor-company-report PART 1: HYUNDAI MOTOR COMPANY REPORT Business Description Products and Brand: Hyundai Motor Company (hereafter‚ HMC) formed in 1967‚ was a part of the South Korean Chaebol - the Hyundai Group. In the last four decades‚ HMC managed to establish itself as a most prominent automaker producing reliable‚ technically sound and stylish automobiles and commercial vehicles. Headquartered in Seoul‚ South Korea‚ HMC opened a new chapter in the history of the
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The Ford Edsel Failure The Ford Edsel was a $400 million investment from the Ford Motor Company in the 1950’s intended to be an “entirely new and original kind of car” that could compete with General Motors (AskMen.com). This was a great intention from the company and their development was on the right track‚ but they made some crucial mistakes that made the Ford Edsel “one of the worst cars of all time” (content.time.com). According to the article‚ Top 10: Failed Product Launches‚ the Ford Edsel
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Ford Pinto Case Study The Ford pinto lasted from the 1960’s to the late 1970s and was highly controversial. This poorly made automobile came from a production race between the USA and Japan‚ where the United States promised an affordable‚ fuel efficient‚ and reliable car. Because of the hasty production‚ it left Ford with a flawed‚ dangerous‚ and untested product. The outrage over the obvious safety flaws of the Ford Pinto caused leaders to call upon their values‚ mission statement‚ and ethics
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“something out of nothing” whereas it actually is “the radical and effective change of something understood deeply” (Robinson and Hackett 1997). General Motors is certainly trying to appreciate this‚ and the company is always seeking to bring new products - or improvements to their current products - to market. COMPANY BACKGROUND General Motors Corporation‚ also known as GM‚ is the world ’s largest automaker and has been the global industry sales leader for 75 years. Founded in 1908‚ GM today employs
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Tata Motors The Indian Automobile industry The automotive sector is one of the core industries of the Indian economy‚ Continuous economic liberalization over the years by the government of India has resulted in making India as one of the prime business destination for many global automotive players. The automotive sector in India is growing at around 18 per cent per annum. The cumulative annual growth rate of production of the automotive industry from the year 2000-2001 to 2005-2006 was 17 per
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Strategy is the key to success. Tesla Motors has separated from the competition in the automobile industry. The question is how and why It all comes to the type of strategy the company has implemented and what makes them different form their competitors. In todays global economy having a unique strategy on how to market to customers is very important. The customer needs will always change due to changes in their environment. This is why it is important to develop a strategy that fits the needs of
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Strengths Ford Motor Company is a Multi international Company with 90 plant and facilities selling vehicles in 200 markets. It is the second biggest plant in the world‚ with approximately 345‚000 employees The Ford Motor Company is the Fifth largest vehicle manufacturer in the world and the second in the U.S. with a total (Sales 2010) of 4‚988‚031 vehicles manufactured including Cars‚ land craft vehicles (LCV)‚ Heavy Commercial Vehicles (HCV) and Heavy Buses. Ford Motor merges with Hertz Rent-A-Car
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