International Business Project Report 2014 Prepared by: Group 8, Section B Megha PGP17/093 Swati PGP17/117 Shreya PGP17/113 Umang PGP17/121 Ved PGP17/123 Contents Background of the company 3 Growth of the company 3 Chinese automotive industry 3 External Environment Analysis 4 Business Strategy 6 Internationalization 6 Competitive landscape 8 Chery automobile - During the recession 9 Chery automobile - After recession 10 Exhibits 11 References: 15 Background of the company
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separately. Political By selling autos in many countries of North America, Asia andWestern Europe (Tesla, 2014), the companyneeds to manage any political issues affecting its business operations. For example,one of the main political aspects influencing on the industry is ecological assurance lawsto stimulate the production of more environmentally friendly vehicles to meet the emanation levels(Environmental-protection.org.uk, 2014). The next essential aspect is US government vitality advance projects
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produce here. “Auto sales since the depths of the recession have increased more than twice as fast as employment in auto parts in part because of the rapid growth in auto parts imported from China—the fastest-growing source of U.S. auto-parts imports” (Scott, 2012). The auto industry has been on a rise since the United States government help them out and turned around there sales margin. With the number of parts that are being brought in from China is having a direct effect on the industry here. Again
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Political With offering autos in 18 nations of North America, Western Europe and Asia (Tesla, 2014),Tesla Motors need to manage unique political examples affecting its business activities. One of the major political elements influencing the business is ecological insurance laws to impel creation of more natural autos to meet strict emanation levels. The other critical component is US government vitality advance projects for innovative work of new vehicle innovations (Department of Energy, 2010)
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Stock is a fundamental pestiferous that each organization would hold to enter for different purposes. Ideal order administration is the end of each organization some individual. Over item or low products both reason money related touch and welfare of the business as easily as reason concern opportunities. Stock holding is an unquestionable requirement for any business association that is into assembling and offering or exchanging of items. In fact stock is holding load of crude materials or completed
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THE AUTO INDUSTRY The automobile industry played a critical role in the current USA recession. In recent years, the auto industry has made a rapid growth, propelled by the governmental bailout and technological innovation stemming from international competition. Businesses The acquisitions in the auto production were part of a series of consolidation in the global automobile industry (BEA). The American car industry introduced many new vehicles that have attracted consumers as they pay attention
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[pic] CHAPTER 1 INTRODUCTION INTRODUCTION The automobile industry is one of the largest industries in India as in many other countries. It plays a major role in the growth of economy in India. The automobile industry in India is the ninth largest in the world with an annual production of over 2.3 million units in 2008. The industry comprises automobiles and auto component sectors, which encompass passenger cars, two-wheelers, three-wheelers, tractors, commercial vehicles, multi-
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Evaluate the industry environment for your company by doing the following: Dominant economic features JoPat Auto Repair service Inc. is a business that specializes in auto repair and maintenance in the Houston Katy area. They offer competitive rates, use original equipment parts, and specialize in both domestic and foreign vehicles. They perform state emission inspections, sell batteries, and install tires. They strictly adhere to factory maintenance schedules. The Retail Automotive Industry is comprised
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Started over one hundred years ago in Germany and France the automotive industry has become a major source of industrial and economic stability worldwide. In this report we will describe how the auto industry is affected by new companies entering the market, mergers, and globalization, on pricing and the sustainability of profits. We will explore mergers and merger activity within the industry as well as current and expected government policies and regulations in place to address issues related
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General Motors’ Strategic Analysis By Cyriac Thomas (cpg07bm025) [pic] Automotive Industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2007, more than million motor vehicles, including cars and commercial vehicles were produced worldwide. In 2007, a total of 71.9 million new automobiles were sold worldwide: 22.9 million in Europe, 21.4 million in Asia-Pacific, 19
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