2-wheeler segment to buck the present recessionary trend in the economy. What‚ they ask themselves‚ accounts for such resilience: competitive pricing? Quality? Technology? Or‚ is it ready availability? Mr. Brijmohan Lall Munjal‚ chairman‚ Hero Group of Companies‚ addresses some of these issues in an interview with Soumya Kanti Mitra. What makes the 2-wheeler segment so impervious to demand fluctuations? A 2-wheeler is the most necessary consumer durable good owned by lower Middle‚ and middle class‚ households
Premium Household income in the United States Economics Gross domestic product
Summary After three years bailed out by the federal government‚ General Motor Co. set a goal of making $10 billion a year which is an unthinkable goal. In 2012‚ GM report 2011 net income about $8 billion and its highest ever campare to 2010 with gain nearly twice which is $4.7 billion are growth in China and strong profit in North America. GM also aims over next several years to raise its profit margin to 10% from current margin of about 6% and would be among the highest in the auto industry. The
Premium General Motors Profit Automotive industry
business." —Gertrude Stein I quote this phrase from Gertrude Stein because reading‚ talking‚ analyzing and explaining a big company vision and mission makes you understand what this company create not only for their costumers but what they can share with their employees and families. But why is important for a company have a vision and mission? A vibrant Vision of the company clearly and precisely affords an understanding of what your business is all about. Establishing the elementary principles of
Premium General Motors
Tata Motors 1. Describe the economic characteristics of the global motor vehicle industry. The characteristics of the global motor vehicle industry are a boom in certain places and a bust in others all due to economic conditions in different nations. Four years after tow of Detroit Michigan’s big three went into bankruptcy American car makers are going “full throttle” with sales in August hitting an annual rate that if substantiated can take them back over 16 million and that is a rate that was
Free Automobile Automotive industry Tata Motors
MANDAPATI SURENDRA REDDY PERSONAL STATEMENT Program applied: Master of Science Major: Public Health "A person doesn’t gain knowledge by possessing an insatiable thirst for it‚ But by searching for the means to quench it" STATEMENT OF PURPOSE My journey to attain the ultimate goal of my life also goes something like what Frost says. It is a continuous struggle to reach the shores of success and achievement. It is to attain fulfillment in the field I love the most‚ "Medicine-Social
Premium Academic degree College Higher education
A)Profile of the company Name of the Company: Force Motors Ltd. Address: Head Office Force Motors Limited Force Motors Limited Pithampur Industrial Area Mumbai-Pune Road‚ Pithampur‚ District - Dhar‚ Akurdi‚ Pune - 411035 Madhya Pradesh – 454775 Maharashtra Tel: +91-(0)7292-253004 Tel: +91-(0)20-27476381‚ 27404274 Fax: +91-(0)7292-308180 Fax: +91-(0)20-27404678 Email: compliance-officer@forcemotors.com Website: http://forcemotors.com Board of Directors: Director
Premium Truck Tractor Vehicle
8 billion Hero Group is your classic first generation entrepreneur. He is a man who started small‚ dreamt big and used a combination of grit and perseverance to create one of the country’s largest corporate groups and the World’s No.1 Two Wheeler Company. Instinctive from a young age‚ Brijmohan Lall made a rather unusual start in life. Around the time when the freedom movement in India was taking shape in the late 1920s‚ he walked into a newly opened Gurukul (Indian heritage school) near his home
Premium Honda Motorcycle
Tesla Motors Elon Musk successfully established Tesla Motors as one of the leaders in the electric vehicle industry since his induction as CEO in 2008. Tesla Motors designs‚ manufactures‚ and sells electric cars and powertrain components. The company also provides services for the development of powertrain systems and components‚ and sells electric powertrain components to other automotive manufacturers. It markets and sells its vehicles through Tesla stores as well as over the internet (Mora
Premium Electric car Electric vehicle Tesla Motors
Contents Board of Directors Summarised Balance Sheet and Profit and Loss Account Chairman’s Statement Notice Financial Statistics Directors’ Report Management Discussion and Analysis Report on Corporate Governance Subsidiary Companies: Financial Highlights 2009-10 Fund Flow Statement Standalone Accounts – Auditors’ Report – Balance Sheet – Profit and Loss Account – Cash Flow Statement – Schedules to Accounts – Significant Accounting Policies – Notes to Accounts Balance Sheet Abstract and Company’s
Premium Tata Group Tata Motors
AUDIT MEMORANDUM To: First Motors Corporation From: Nam Do CC: Dr. Jeff Archambault Date: 11/10/2011 Re: The Accounting Policies and Procedures Purpose: The purpose of the audit memo is to clarify the accounting policies and procedures used by clients and the accounting policies and procedures that should be followed. The audit memorandum also provides a clear explanation of a difference between the risk premium in discounting the free cash flow from Plant 3 and the risk premium in discounting
Premium Generally Accepted Accounting Principles Goodwill Depreciation