value higher than $40‚000‚ engine capacity more than 3.0-litre (petrol)/2.5-litre diesel) Whereas customs duty on CBU motorcycle above 800 cc will be increased from 60 percent to 75 percent. The proposed budget will have a big impact on the growing automobile industry of India. One can expect luxury cars and superbikes to become costlier due to the increase in CBU duties. The luxury manufacturers will have to bring their products through Completely Knocked Down (CKD) route‚ in order to keep the competition
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STRATEGIC ANALYSIS OF GLOBAL AUTOMOBILE INDUSTRY Table of Contents 1. EXECUTIVE SUMMARY The report will undertake a strategic analysis of Global Automobile Industry. Relevant theoretical frameworks and concepts will be applied to the automobile industry in order to make better understanding of its strategies. Firstly‚ the report will provide background information such as industry definition‚ competitors and history outline. It will also
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Michael Porter’s Five Forces Model is a model used to analyze a particular environment of an industry. An industry is a group of firms that market products which are close substitutes for each other‚ such as the automobile industry. According to Porter‚ there are five forces that determine an industry’s long-run profitability and attractiveness. These five competitive forces are the threat of entry of new competitors‚ or new entrants; the threat of substitutes; the bargaining power of buyers; the
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The Importance of Automobile Safety Many people‚ including college students‚ overlook one of the most important things when buying a new car–safety. It is a known truth that a new car is probably filled with the most up-to-date safety features in the automotive market today. However‚ knowing that the car is “safe” does not mean how safe the car really is because of the safety features it has or the lack of them. Therefore‚ this paper will illustrate the need to examine and research the safety features
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Nature of the Automobile Market 4 1.1 China: 4 1.2 India: 5 2 The Country Situation in India and China 7 2.1 China: 7 2.2 India: 8 3 The Type of FDI to Further Minimise Risks 10 4 Conclusion and Recommendations. 10 5 Bibliography 13 6 Appendices 17 6.1 List of Tables: 17 6.2 List of Figures: 22 List of Tables Table 1: Comparison of Key Economic Indicators in China and India 17 Table 2: China - Top 10 Manufacturers ’ ’ Sales Rank 17 Table 3: India - Turnover of Automobile Manufacturers
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A DETAILED ANALYSIS OF THE FAILURE OF VIETNAM’S AUTOMOBILE INDUSTRY (Draft version) Dam Quang Huynh National Economics University 1. Introduction The Vietnamese government considered the auto industry an important factor in economy and has announced many incentive policies in order to develop this industry such as taxation and trade policies in many years. Developing auto industry promotes the development of many other supporting industry. Indeed‚ manufacturing a car requires 2000 to 3000
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car’s engines manufacturing supply chain‚ is very important where automobile manufacturing is one of the biggest industries in the world. The adoption of engines remanufacturing would effects the automobiles SCM. But how does C2C (or remanufacturing) affect the supply chain for car engines? What are the requirements‚ for adopt engines remanufacturing strategy? How the Supply chain management will be after the adoption? Automobiles are one of the biggest industry markets on the world‚ and it has a
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The changes in the automobile industry have been a result of the technological age that citizens are currently a part of. Nearly everyone‚ if not everyone‚ has been impacted by a vehicle at some point in their lives‚ whether it is owning a car of their own of taking a local city bus to and from work. But how exactly has this impacted the automobile industry and their consumers? Well‚ there are both positive and negative aspects to consider. By using digital methods for buying and selling‚ the
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Nationalization of Industries in Pakistan and impact on Automobile Industry: Following the progressive manufacturing period‚ nationalization of industries under Economic Reforms order had a profound impact on automobile industry in Pakistan. In early 1972 under Martial Law Regulation‚ the Government took over the control of 32 industrial units‚ including eight automobile plants‚ under the officially appointed Board of Industrial Management with the Minister for Production as its Chairman. Out of
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1. AUTOMOBILE INDUSTRY – INTRODUCTION 1.1 EVOLUTION OF AUTOMOBILE INDUSTRY: The evolution of the automotive industry has been influenced by various innovations in fuels‚ vehicle components‚ societal infrastructure‚ and manufacturing practices‚ as well as changes in markets‚ suppliers and business structures. Some historians cite examples as early as the year 1600 of sail-mounted carriages as the first vehicles to be propelled by something other than animals or humans. However‚ it is believed by
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