competitors. 3 III. Executive Summary Ford Global City is an automobile dealership that sells brand new Ford brand new Ford cars. They also provide car services, maintenance and repairs for these cars. In its 14 years of existence, they have been the top selling Ford dealer for 12 years in new car sales and service units received. With the existence of various competitors, not only with other Ford car dealerships but the entire automobile dealership industry as well, Ford Global City seeks to maintain
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PESTEL Analysis Political Factors: Political factors greatly affect the automotive industry. President Obama has recently announced new efforts to further fuel efficiency standards for medium and heavy duty trucks. This category ranges from large pickup trucks and school buses to the massive 18 –wheeler tractors. The new standard is expected to increase fuel efficiency between 9% and 23% with the largest trucks receiving the largest reductions (23%). This standard will be applied to 2014 – 2018
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Automobile Industry of India A Nations economy is well known from its transport system. For instant and rapid growth in economy, a well-developed and well-networked transportation system is essential. As India's transport network is developing at a fast pace, Indian Automobile Industry is growing too. Also, the Automobile industry has strong backward and forward linkages and hence provides employment to a large section of the population. Thus the role of Automobile Industry is very essential in
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Abstract: When the Tata Nano, a stripped-down minicar priced at around $2,000, was introduced in 2009, it was marketed as a car that would transform the way aspiring consumers in India and other developing countries got around. But the low-cost automotive revolution fizzled. Selling poorly at home and with exports drying up, the Nano has become a cautionary tale of misplaced ambitions and a drag on sales and profit at Tata Motors. It turns out that those climbing into India's middle class want cheap
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tourism and other industries. In addition, trade tariffs had to be reduced on a wide range of agricultural and manufactured products – including a reduction in the tariffs on imported automobiles from one hundred per cent to twenty-five per cent by 2006 that would lower the entry barriers to Chinese automotive industry. The company had also spent many years cultivating relationships with senior government officials–what the Chinese refer to as guanxi–to help it achieve its objectives. And
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consumers and businesses. This had a domino effect throughout the developed and emerging worlds, with many Western nations following the United States into recession. The Global Car and Automobile Manufacturing industry is deemed to have a low level of market share concentration. There are several major automotive companies across the globe, each with a significant share of the market, but concentration has been declining over the past five years as firms in emerging economies ramp up production a
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mass produced automobile is goes back a long way. The first vehicle was produced in 1886 in Germany. A German engineer by the name of Karl Benz is generally credited with the invention of the first practical automobile. Contrary to what most people are used to today, this automobile had three wheels, two in the back and one in the front. The engine was powered by gasoline, but its run time was restricted due to the limited development of the engines of that time. Safety of automobiles at first is much
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Toyota's "car of the future” Toyota had created a car that will change the source power that people are going to use for their vehicles in the future. The “Mirai” in Japanese, “mirai” means “future,” and the Mirai is the future of motoring. It runs solely on hydrogen and its only emissions are water. The Mirai will travel almost 300 miles on a single tank, it takes about five minutes to re-charge, and the emissions is only water vapor, and fuel is included for the first three years of ownership
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control for over 110 years. Throughout the existence of Ford Motor Company, their success would not have been possible without knowing and understanding certain factors that affect not only the supply and demand, but also the equilibrium prices in the automobile industry. Every organization within the industry faces the same issues and opportunities that may affect competitiveness and long-term profitability, but Ford Motor Company continues to develop new and improved products to gain the advantage over
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greatest, most famous businessmen in American History. Henry Ford had become a master in the development of automobiles, mastered business essentials , and had a personality that skyrocketed his capabilities to become a successful man. This man can be acclaimed as the one who pushed the U.S. into the American Century with the mass production of the automobile, but he didn’t start out in the automotive industry or in any industry for that matter.
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