...4.2 Toyota in India 4.2.1 Key Strategic Action Key strategic action that applied by Toyota in India was introduced new Toyota Camry Hybrid in India in 2013. On 21 August 2013, Toyota launched it Toyota Camry Hybrid in Delhi (ex-showroom Delhi) with price Rs 29.75 lakh (The Times of India, 2013). Firstly Toyota introduced its petrol Camry in India in 2002 and started to manufacture the petrol Camry locally in 2012 (The Hindu, 2015) In 2013, Toyota Motor Corporation start to manufacturing Toyota Camry Hybrid locally and it was India’s first locally manufactured Hybrid. India was the 9th country in the world that produce Toyota hybrid versions cars (ETAuto.com, 2015). Toyota Motor Corporations which is present in India market through joint venture with Kirloskar Group which known as Toyota Kirloskar Motor (TKM). The joint venture take place on 10 April 2002 (Toyota.co.jp, 2002). Toyota manufactured its Camry Hybrid in a separate assembly line in of Toyota Kirloskar Motor which located in Bidadi, near Bangalore, in Karnataka (The Times of India, 2013). The New Camry hybrid is based on the 7th generation of the Camry. The Camry Hybrid it’s a combination of petrol engine and advanced electronic motor which known as Hybrid Synergy Drive® technology. This technology intelligently manage the switching between power sources (petrol engine and electric motor) and controls the optimum balance of performance and fuel efficiencies (Toyotacamry.co.in, 2015).Total power output of hybrid...
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...SUSTAINABLE MOBILITY: THE FUTURE STARTS HERE. The report published by International Energy Agency(IEA) on Global EV outlook(April 2013) enlighten us with some vital information. Electric Vehicle(EV) sales have doubled from 45000 to 113000 units between 2011 and 2012. Though the world is experiencing financial meltdown, Electric vehicle stock across world (image courtesy: IEA Global EV Outlook April 2013) EV market is seeing spurt in sales. The Figure shows the distribution of EV stock across the world. It is evident from the illustration that India contributes only 0.8% of total EV stock which is dismal when compared to USA(38%), Japan(24%) or even our neighbor China(6.2%). Sudden rise in enthusiasm towards EVs is due to a combination of factors: Development of battery and drive train technology. The countries across the world realised the importance of reducing their dependency on conventional resources. The manufacturers realising the fact that future of automobiles lie in green technology and innovation. Desire from the part of consumers to be environmental friendly. Incentives from Governments across the world In USA, China and all other parts of Europe,governments have introduced policy measures to incentivise manufacturers and consumers who are willing to switch to sustainable mobility. Here are some of the steps taken by different nations to fuel green technology. USA The government has put forward a target of 1 million EVs in USA by 2015...
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...ANALYSIS American InterContinental University MGT650: Strategic Management Unit 4: Issues and Case Analysis Dr. Kimberly Bennett October 27, 2013 ABSTRACT This report will explore the presentation of SWOT analysis, strategy, and issues of Ford and Toyota. INTRODUCTION Ford is one of the first American automobile makers in the world and the second largest United States automobile maker to sell cars, trucks, buses and automotive parts (Ford, 2013). Ford is the fifth largest vehicle maker in Europe (Ford, 2013). The CEO is Alan R. Mulally, Ford revenue is $134.3 billion (2012), their profit $ 5,665 billion (2012), and they have 164,000 (2011) employees (Ford, 2013). Toyota is the thirteenth largest automobile maker in the world by revenue it is founded in Japan. Toyota was the largest manufacturer in 2012 by production (Toyota, 2013). The CEO is Akio Toyoda, Toyota revenue is18.583 Trillion (2012), their profit 283.33 billion (2012), and they have 300,747 (2012) employees (Toyota, 2013). Comparison Tables Issues | Ford | Toyota | Legal, Social and Economic Environments | Socially Ford has the opportunity to expand due to the need for more vehicles in the international market. The labor laws are getting stricter for Ford which means less money for worker that can lead to strikes and legal problems (Ford, 2013) | Toyota Industries is determined to comply with the letter and spirit of the law, in and outside of Japan, and to be fair and transparent...
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...21, 2013 Dr. Peter Natale CERTIFICATION OF AUTHORSHIP: By my signature, and to prevent HONOR CODE violations, I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledged and disclosed in the paper. Through the use of APA format, I have cited any sources from which I used data, ideas or words, either quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for this course. Student Signature: __________________________________ Cotina Mills Table of Contents Introduction ……………...………………………..………………………………………….. 3 Vision……………………………………………..…......……………………………………..4 Mission…………………………………………………………………………………………4 Issue…………….………….………………..………………………………………………….5 Strategy…..…………………………………..…………………………………………………7 Current Operations……………………………………………………………………………...9 Introduction Renault–Nissan Alliance is a strategic Franco-Japanese partnership between automobile manufacturers Renault, based in Paris, France, and Nissan, based in Yokohama, Japan. Together they sell more than one in 10 cars worldwide. The companies have been strategic partners since 1999 and have nearly 350,000 employees. They control seven major brands: Renault, Nissan, Infiniti, Renault Samsung Motors, Dacia, Datsun and Lada. The car group sold 8.1 million cars worldwide in 2012, behind Toyota, General Motors and Volkswagen. As of July 2013[update], the Alliance is the world's leading plug-in electric vehicle...
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...FIM ASSIGNMENT General Motors Prepared by: CharuSingla, CFM Roll #07 AnkitSrivastava, IM Roll #05 Aniket Singh, CFM Roll #04 RakeshJha, CFM Roll #14 Vishal Suri, CFM Roll #22 AbhishekGoel, CFM Roll #02 General Motors 2013 Acknowledgment The project would not have been possible without the kind support and help of many individuals. We would like to extend my sincere thanks to all of them. We are highly indebted to Mr. D.C.Singhal for his guidance and constant supervision as well as for providing necessary information regarding the project & also for their support in completing the project. We would like to express my special gratitude and thanks to industry persons for giving us valuable information and insight. Our thanks and appreciations also go to our colleague in developing the project and people who have willingly helped us out with their abilities. IIFT 2015 Page 2 General Motors 2013 Table of Contents Acknowledgment........................................................................................................................... 2 Introduction .................................................................................................................................. 4 Products or Services delivered and annual output ......................................................................... 6 Countries the company is present in ............................................................................................ 10 Problems...
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...What is electric car Electric car is an alternate fuel automobile that uses electricity instead of petrol or diesel. These automobiles have electric motors and controllers used for propulsion. These vehicles do not use the traditional or the common methods of propulsion like ICE (internal combustion engine). These cars are energy efficient and are capable of reducing city pollution because of the zero tail pipe emission. The functioning of the cars greatly depends on the quality of the battery used in the car. The poor battery may result into long hours of recharging and poor speed with poor acceleration. These cars are not practically suitable for long journey but can be a good transportation vehicle for everyday use and can be recharged overnight. Why electric car India has millions of people to house, power grids to expand and factories to fuel. They all involve hydrocarbons. How, then, is a developing economy to grow sustainably? One answer may lie in a small electric car. The advantages of electric cars are multiple and compelling. Instant torque for good initial acceleration, quiet operation, low local pollution, and ease of operation (Reva -a car with automatic gear shift)are among their many compelling virtues. The principal advantage for everyone in adopting electric cars is virtually eliminating urban air pollution. The civil advantages of electrics were recognized early. Thomas Edison created a pretty good nickel-iron battery a hundred years ago, and...
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...Analysis of Users of Natural Gas segment in India ChirayuTrivedi 20141014 Deep Tigga 20141015 Mayank Gupta 20141033 Pranjal Kishore 20141050 Faculty Mentor: Prof. Sudhir Yadav In partial fulfilment for the term project IN MASTER OF BUSINESS ADMINISTRATION OF SCHOOL OF PETROLEUM MANAGEMENT, PANDIT DEENDAYAL PETROLEUM UNIVERSITY ABSTRACT Adequate supply of affordable energy is a pre-requisite for sustained growth, especially in the developing and emerging economies. Natural gas has emerged as most benign fuel in this regard. Natural Gas is a new age fuel. With only one carbon and four hydrogen atoms per molecule, Natural Gas has the lowest carbon to hydrogen ratio, hence it burns completely, making it the cleanest of fossil fuels. Natural Gas satisfies most of the requirements for fuel in a modern day industrial society, being efficient, non-polluting and relatively economical. The periodic uncertainties and volatility in both the price and supply of oil, have also helped Natural Gas emerge as a major fuel in the energy basket across countries. Sector Natural Gas is used Generation of electricity by utilities Fertilizer Industry Industrial As fuel for base load power plants In combined cycle/cogeneration power plants As feed stock in the production of ammonia and urea As an under boiler fuel for raising steam As fuel in furnaces and heating applications For heating of spaces and water For cooking As a non-polluting...
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...out of G-Wiz from the UK market in 2011, no Reva versions have been launched in this market for four years. During this period, the sales of electric cars market in the Britain have surged, especially in the past two years. Now, Mahindra Reva decides to launch its new product Reva e20, the successor of G-Wiz in the UK, and plans to export another new version halo to the country. The problem is whether the company can re-occupy the market just as it had done 10 years ago. This report aims to provide some recommendations on its strategic marketing objectives in the UK market on the basis of market analysis, its competitiveness, competitor analysis and customer analysis. 2. Market analysis 2.1 Political factors The British government holds considerable support of the electric and hybrid vehicles. Plans for Britain to become the pioneer of a green car revolution were proposed in 2008 by the current prime minister Gordon Brown who advised that electric or hybrid cars would dominate the car industry and produce no more than 100 grams of CO2 per kilo (Environmental Transport Association, 2009). Thereafter, British cities had bidden to become the green cities. For instance, for London to be the "electric car capital of Europe", the local authority had issued the plans to build 25,000 electric car-charging places around the city. The support also had come from fiscal arrangement for the purpose of deploying plug-in vehicles in the past five years. As of 2013, the country had built some...
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...Ford Motor Co. is occupied with the assembling and dissemination of vehicles. It works As CEO, Mr. Ford enhanced quality, brought down expenses and conveyed energizing new items. Amid his time in that position he took the organization from a $5.5 billion misfortune in 2001 to three straight years of productivity. As the years progressed, his vision for the organization has stayed unaltered. Mr. Portage joined Ford Motor Company in 1979 as an item arranging examiner. He thusly held an assortment of positions in assembling, deals, promoting, item improvement and account. Amid the achievement 1982 Ford-United Auto Workers work talks, which dispatched the representative contribution development that upset the business, he served on the organization's National Bargaining Team Works through four business fragments: North America, South America, Europe and Asia Pacific Africa. The North America portion is occupied with the offer of Ford and Lincoln brand vehicles, administration parts and extras in North America. The South America section is occupied with the offer of Ford brand vehicles and related administration parts and adornments in South America. The Europe fragment is occupied with the offer of Ford brand vehicles and related administration parts and embellishments in Europe, Turkey and Russia. The Asia Pacific Africa portion incorporates principally the offer of Ford brand vehicles and related administration parts and frill in the Asia Pacific district and South Africa. The Financial...
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...profitable growth. They need working with passion, respect, integrity, discipline, and then they can be high performing. Mercedes-Benz want their business growth can be sustainable, not increasing rapidly like other high-tech firms. After these they can making growth on their products, consumer experience, brand image, technology, and global presence. At the end, they can increasing their profit a lot. M&A and strategic partnerships Mercedes-Benz has its subsidiary in China, Mercedes-Benz (China) Ltd. (MBCL). This corporation sales imported vehicles form Germany, and these vehicles are really expensive like the S-Class cars. To reduce the cost, Mercedes-Benz directly invest a lot in China and get more benefits on it. Beijing Benz Automotive Co. (BBAC) is an automotive manufacturing company headquartered in Beijing, China, and a joint venture between Beijing Automotive Group and Daimler AG. Beijing Benz doesn’t produce S-Class vehicles, it assembles and manufactures the Mercedes-Benz E-Class, C-Class, and GLK-Class with high quality in China. Beijing Benz grew out of what...
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...18 brands some of which include Chevrolet, GMC, Cadillac, and Buick. The company operates in 160 countries, employs roughly 207,000 people, and is one of the world’s largest vehicle manufacturers (IBIS World, 2015). The automotive industry in the United States is worth $123 billion and has $5.2 billion in annual profit (IBIS World, 2015). It is spread across 3 main competitors. Toyota Motor Corporation, which holds 17.5% of the market share, General Motors Corporation, which holds 16.3% and Ford Motor Company, holds 11.3% of the market share in this industry (Mergent Online, 2015). Over the last 5 to 10 years the automotive industry in the United States has continuously fluctuated. As a result of the economic downturn, GM filed for Chapter 11 bankruptcy in June of 2009 and was bailed out by the U.S. government. During the Chapter 11 bankruptcy, GM eliminated about one-third of its plant assets and workforce and reduced its debt from nearly $95 billion to $17 billion. GM has bounced back tremendously, by releasing brands such as Saturn and Hummer in an effort to cut costs, and in 2014 the company made $152 billion in revenue (Mergent Online). Other automotive companies have struggled as well, in 2010, Toyota’s brand reputation for vehicle reliability and safety was tarnished due to vehicle recalls. Toyota also endured its most significant operational complications in the past five years when the Great East Japan Earthquake struck in March of 2011. With recent innovation...
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...TO BE PHOTOCOPIED OR DISTRIBUTED. Toyota Motor Corporation TABLE OF CONTENTS TABLE OF CONTENTS Company Overview..............................................................................................3 Key Facts...............................................................................................................3 SWOT Analysis.....................................................................................................4 Toyota Motor Corporation © MarketLine Page 2 Toyota Motor Corporation Company Overview COMPANY OVERVIEW Toyota Motor Corporation (Toyota or "the company") is one of the leading auto manufacturers in the world. It is engaged in the manufacture and sale of motor vehicles. Toyota sells its vehicles in more than 170 countries and regions worldwide. The company has operations in Japan, North America, Europe and Asia. It is headquartered in Toyota City, Japan and employed 338,875 people as of March 31, 2014. The company recorded revenues of JPY25,691,911 million ($256,919.1 million) during the financial year ended March 2014 (FY2014), an increase of 16.4% over FY2013. The operating profit of the company was JPY2,292,112 million ($22,921.1 million) in FY2014, an increase of 73.5% over FY2013. The net profit of the company was JPY1,823,119 million ($18,231.2 million) in FY2014, an increase of 89.5% over FY2013. KEY FACTS Head Office Toyota Motor Corporation 1 Toyota-cho Toyota City Aichi Prefecture 471 8571 ...
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...2014 – 2018 models and estimates $50 billion in savings for truck users in fuel over the lifetime of the vehicle. The new greenhouse gas standards will become final by March 2016 (Eilperin, 2014). Another long term plan was introduced by the White House states agreements were made between the president and 13 automakers to increase fuel efficiency to 54.5 miles per gallon for cars and light trucks. This plan is expected to be fulfilled by year 2025. A list of the automakers is as follows, Ford, GM, Chrysler, BMW, Honda, Hyundai, Jaguar/Land Rover, Kia, Mazda, Mitsubishi, Nissan, Toyota, and Volvo. Combined these companies account for 90% of vehicles sold in US. Achievement of both plans (most formerly mentioned) estimates that consumers will save $1.7 trillion at the pump or $8K per vehicle. Disposable income, and in turn, economic growth is expected to increase and create quality domestic jobs within cutting edge industries across the country. Additionally, these standards also reduce carbon pollution, more than 6 billion metric tons of greenhouse gas over the course of the program – more than the amount of carbon dioxide emitted by US last year. The benefits of Obama’s plan also include oil, consumer, economical and environmental savings and improvements (Office of the Press Secretary, 2011). Government also offers incentives for electric vehicle and plug in hybrid vehicles. This...
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... Business Brief The auto industry is a leading driver of global economic growth; the industry is a leading employer throughout the world, with 9 million people involved in making 60 million vehicles, or 5% of global manufacturing jobs. Indirect employment from automotive activity is fivefold, representing 50 million jobs connected indirectly to the auto industry. Other industries involved in the manufacture and service of vehicles include textiles, plastics, iron, steel, glass, aluminum, computer chips and rubber. The industry also involves significant research and development activity, representing investment of nearly $85 billion. It is estimated that the manufacture of vehicles contributes more than $430 billion to the governments of 26 countries combined. Automobile are primarily used to transportation and changed the world during 20th century particular in developed nations like USA and other developing nations like India, China markets. The automobile industry has succeeded like never before in the recent years but also seen major setback in global recession. This extraordinary growth that the automobile industry has witnessed is a result of a three major factors namely, increased average income of a per person, life style and innovation. Moreover in countries like India the liberalization steps, such as, relaxation of the foreign exchange and equity regulation, reduction of tariffs on imports, and refining the banking policies played an equally important role in...
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...Demand conditions Porter argues the role of sophisticated domestic market provides the primary driver of innovation and quality improvement. He points that a sophisticated domestic market is an important element to producing competitiveness. Related and supporting Industries It can refer that the related and supporting industries is important to the competitiveness of firms and also contribute to other industries. Therefore, successful industry tends to be associated in clusters of related industry. Strategy, Structure, and Rivalry It refers the conditions for organization of companies, and domestic rivalry. Porter emphasizes on the role of domestic competition in innovation, quality and improving of competitive advantage. According to the Tesla Motors case B, The Company is seeking to expand and grow their business through international expansion. Tesla had opened 17 new sales locations, extending in North America, Europe and Asia as well as establishing about 50 stores internationally over the next few years (Rothaermel 2013). While Tesla has been entering in foreign markets, the study will describe how Tesla can take benefit from investing a manufacturing plant in India by three primary factors (KPMG 2014) 1. Low manufacturing and labour cost 2. The historical trends: The statistic of foreign investments and ability to successfully trade to be satisfaction. 3. The legal framework: Investment security and flexible financial management. According...
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