Germany’s economic strength has been based on car production to a great extent. The automobile industry is one of the dominating sectors because many economic activities rely on and are linked to automobile production (i.e. tire industry‚ plastics industry‚ metal processing). If you include suppliers‚ car services‚ garages or retailers‚ a total of about 5 million employees (1 out of every 7 jobs in Germany) depend on the success of the automobile industry. The automobile industry also involves a
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Here’s the latest twist in the auto bailout: Detroit’s Big Three aren’t the only automotive companies that want to see the government step in with some much needed financial help. Overseas automakers‚ most notably Toyota Motor‚ all endorse some form of federal aid to keep General Motors‚ Chrysler LLC and possibly Ford Motor out of bankruptcy. [source: CNN "Why Toyota wants GM to be saved"] The news seems strange. Business is a dog eat dog world. The usual response is to kick a competitor
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To fully understand why Canada is one the wealthiest nations in the world‚ we need to pay particular attention to Canada’s economic history. The economic history of our country has been marked by many important events that have paved the way for a successful economic future. A brief economic history of Canada would pay particular attention to important events such as the economic boom of the 1920s‚ the dark times of the 1930s; the Second World War during the 1940s and to also not forget the important
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General Motor’s Strategic Analysis Factors affecting the Automotive Industry (PEST Analysis) 1. Political Laws and government regulations have affected this industry since the 1960s. Almost all of the regulations come from consumers increasing concerns for the environment and the concern for safer automobiles. 2. Economic The automobile industry has a huge impact on every country’s economy. According to variousstudies this industry is the major user of computer chips‚ textiles‚ aluminum‚
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BK 3037 Strategic Marketing Question 1: PESTEL Answer: Political One of the macro-environment factors which influencing Volvo’s strategy is the large taxation toward automotive trade by the government. Government is putting in place taxation structures that penalize large cars‚ with large CO2 emission. According to the case‚ Volvo’s biggest seller was its XC range‚ now being particularly successful in America‚ where big cars typically equated to big success. This government acts is encouraging consumers
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OBJECTIVES OF THE STUDY: 1. To find out the customer satisfaction of the car segments in Hyderabad market. 2. To know about the features of major participants of car industry. 3. To analyze the consumers attitude towards Hyundai Cars. 4. To elicit the influencing factors which the people consider when they are planning to buy a car. 5. To study the consumers attitude and customer satisfaction with respect to Hyundai. 6. To know the customer attitude towards after sales service. 7. To verify the
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Outline 1. Executive Summary 2. Purpose/Problem/Background 3. Facts Bearing on the Problem 4. Discussion 5. Conclusion 6. References 1. Executive Summary: The German automotive industry with about 720‚000 jobs is one of the biggest industries and dominant employers in Germany and one of the biggest automotive industries in the world (Herbst‚ 2009). With brands like Mercedes Benz‚ Volkswagen‚ Opel‚ BMW‚ Audi and Porsche this industry is major in car manufacturing and technology. According
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Ford Motor Company Gregory Hilgendorf STRATEGIC MARKETING BUS-7450 Dr Meyer. Abstract This paper discusses the Ford Motor Company‚ the mission‚ and keys to their success. In addition‚ there will be discussions centered on the current company’s market summary. This paper will examine Ford Motor Company’s SWOT analysis‚ the company’s strengthens‚ weakness‚ opportunities‚ and threats. In addition‚ this would also look at the automotive driving forces‚ that make it alluring for firms to
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“Carmakers Target Gen Y” Case Study Explain the strategy behind Asian automakers targeting Gen Y The Asian automakers employed three criteria of target market strategy for capturing the generation Y market. The three criteria are Standardized Global Marketing‚ Concentrated Global Marketing‚ and Differentiated Global Marketing. The first‚ standardized global marketing focuses on mass marketing in a single country. Their decision to target the generation Y in the American market is their implementation
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Customer Satisfaction on Post-Sales Service with Reference to Two-Wheeler Automobile Industry S Saraswathi* The key to success of automobile industry lies not only in having good products but also in being able to provide the customer with the level of service they desire. Because of increasing competitiveness in the Indian automobile industry‚ almost all automobile manufacturers have invested valuable resources on customer satisfaction as a tool to understand the needs and expectations of their
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