Executive Summary: Industry Selected: Automobile industry has been focused in this analysis being one of the fastest growing industry eventhough it’s highly competitive in the recent years. Since 2005‚ there are several changes in the Automobile Industry due to globalization and the demand for high featured cars from the growing economical countries despite the oil shortage which is a challenging the industry. Methodology: Te below analysis of the Global Automobile Industry is based on the PORTER’s
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Firstly‚ I would like to explain the Porter’s Diamond model. Porter’s Diamond model is to explain why a nation achieves international success in a particular industry. Porter theorizes indentified four broad attributes as constituting the diamond which are Factor endowments‚ Demand conditions‚ Relating and supporting industries‚ Firm strategy‚ Structure‚ and rivalry. These attributes can promote or impede the creation of competitive advantage. Hill‚ Charles W.L.(2011) ; Porter M.E. (1990) Factor
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Name: Georges B. Saad Subject: English 201 Topic: How To Choose A Car. Thesis: “Choosing A Car Involves Many Steps “ Points Step 1: • Affordability • Repair Cost • Safety • Comfort • Entertainment • Other Options and Extras Points Step 2: Affordability: • Cost Of Car Compared To The Options and Specifications You are Paying For. • Miles/Gallon or Fuel Consumption Repair Cost: • Availability of parts in the market • Cost of parts and durability
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Why Car Pooling Is Good Car pooling‚ also known as ride-sharing or lift-sharing‚ can save you big bucks on gas‚ wear and tear on your vehicle‚ oil resources and reduce all the associated nasty environmental impact associated with your driving. The benefits of carpooling are many. If you are currently driving every day‚ you’re going to save money on your commute costs by carpooling. In some cases‚ depending on the length of your commute and the number of days you don’t drive‚ the savings can
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2012 PROFESSOR NAME CLASS Automobile Industry Crisis People depend on their cars for everyday life. They need it to go to work‚ school‚ and events. What if one day the automotive industry crashes? People across this country rely on this industry to provide them the safest and most affordable cars. But just recently the car companies in Detroit almost came to an end. Just in "Ohio‚ about one out every eight jobs has ties with the carmakers" (Cohn‚ 2012). If these industries did actually come to an end
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Automobile industry in Germany The automobile industry in Germany is one of the largest employers in the country‚ with a strong labour force of over 866‚000 (2005) workers in the industry. In addition‚ Germany has the largest share of passenger car production in Europe with over 29% market share‚ followed by France (18%)‚ Spain (13%) and the United Kingdom (9%). Germany is considered to be the birthplace of the automobile since Karl Benz and Nikolaus Otto independently developed four-stroke
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Automotive Industry Analysis The development of the automobile came from many different people from different countries. The development stated in 1769 in France‚ with the invention of a three-wheeler that was powered by steam (Gale‚ 2003). Then in 1800’s the first internal combustion engine was created in Belgian and the first gasoline powered vehicle was constructed in 1885 in Germany (Gale‚ 2003). Henry Ford built the first car in 1896 (Gale‚ 2003). He then revolutionized the industry with the
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Demand curves: automobile industry -determinants of demand Supply curves - determinants of supply How production takes place: trends in production in response to demand and supply Tendencies Issues vexing the industry Competition and its effect Taxation and its effect Is this the worst period for the automobile industry that you’ve witnessed? The sales of petrol-fuelled cars have been declining month after month and it went unnoticed. However‚ diesel car sales started declining
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Car Industry Porters 5 Force Porter (1980) illustrates in this analytical tool 5 variables that determine the attractiveness of an industry for organisations in terms of profitability in their immediate environment. Using the forces in this model we can analyse how attractive the global car industry is to enter‚ the 5 forces are as follows. The threat of potential new entrants High barriers to entry is one of the determinants of whether a firm can enter into the industry or not‚ the
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Automobile Industry Mirza Rohail Baig 1 February‚ 2009 Pakistan is an emerging market for automobiles and automotive parts offers immense business and investment opportunities. The total contribution of Auto industry to GDP in 2007 is 2.8% which is likely to increase up to 5.6% in the next 5 years. Total gross sales of automobiles in Pakistan were Rs.214 billion in 2006-07 or $2.67 billion. The industry paid Rs.63 billion cumulative taxes in 2007-08
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