Maruti Suzuki also commonly known as Maruti is India’s largest automobile manufacturer headquartered in New Delhi. It has turnover of 43,000Cr and market capitalisation of just above 1 lac crore.
It was established in 1981 but actual production started in 1983. When it was established, Government of India held 74% stake and Suzuki held 26% stake. Eventually Government of India sold its entire stake and currently it is subsidiary of Suzuki.
Maruti Suzuki has almost 40% market share of passenger cars in Indian market. Its major competitors are Tata motors, Hyundai motors and M&M.
Maruti Suzuki manufactures sells a large variety of cars from entry level “alto”, hatchbacks “Ritz”, “wagonR”, “Zen”, “celerio” , “Astar” , “ciaz” , “swift” , sedans…
The automobile industry impacted the way of life in The United States of America forever. The car used be a machine that only few rich people had and were slow to the point of inefficiency. However, with the introduction of combustion engines, cars became a faster and more efficient form of transportation in comparison to the carriage or the train for short distance travel. With the introduction of the assembly line, manufacturing cars took a significant cut in production time leading to cheaper…
• India ranks 2nd in the global two-wheeler market
• India is the 4th biggest commercial vehicle market in the world
• India ranks 11th in the international passenger car market
• India ranks 5th pertaining to the number of bus and truck sold in the world
• It is expected that the Automobile Industry in India would be the 7th largest automobile market within the year 2016
• The Indian automobile industry's foreign sector worth US$ 515 million
• The Tata Motors have entered the passenger…
One of the fastest growing industries in the world is automobile industry. This automobile industry even has its influence on the Indian market. Probably automobile industries occupy a large market share in the world market…
This report summarizes an Internal and External environmental audit of automobile industry in UK using PESTEL, SWOT and Porter’s Five Forces Analysis.
2. Brief Introduction of Automobile Industry in UK
The United Kingdom is a leader in manufacturing of automobiles and automobile spares. Automobile industry plays a major role in UK’s economy as it is home to at least seven major car manufacturers. Automobile industry in UK manufactures a wide range of cars like - standard…
other automobiles are imported and exported every year. Indian automobile industry witnesses alarge scale manufacturing of cars, bike etc.
Automobile sector in India is the seventh biggest with yearly generation of in excess of 26 million. Every coming year new models of cars and bikes are being introduced according to need of the customer as well as the buying power. The major automobile industry is Tata motors, ford motors, Maruti Suzuki, Hero Honda etc
Automobile sector in India is one of the…
AUTOMOBILE INDUSTRY: 2ND STAGE AFTER BUYING A CAR
BECOMES COMPETITION/CONSUMER FRIENDLY
To a consumer, buying a car is not a simple task. A great deal of thought, price-comparison, cross-brand research and several other factors go into buying a car; not to mention the high costs of buying and maintaining it. What happens when the costs of car-repair eventually outweigh the cost of buying a car? What happens when the consumer has no option but to pay the high-costs of repair, because…
The World’s Biggest Auto Companies
The automotive industry is made up of a wide range of companies involved in the designing, manufacturing, marketing and development of motor vehicles. The term automotive comes from the Greek word autos (self) and the Latin word motivus (of motion). The 1890s were the milestone following the advent of the automobile industry with hundreds of manufacturers already existing. The United States of America led the industry by remaining on top it for several…
the world in automobile accidents than by any other
diseases. Whether you travel on a 2-wheeler or a 4-wheeler, head injuries are
the major causes of death. That is the reason, all developed countries have laws
a. For 2-wheelers, whether it is a bicycle or a power driven vehicle, helmets are compulsory, both for the main rider as well as the pillion rider.
b. Safety belts are compulsory when driving a 4-wheeler.
In most developed countries, fines are imposed for breaking the…
We would argue that premium automobile industry and more specifically BMW; possess a global strategy. Within in this paper we will examine the strategy of the premium automobile industry as well as that of BMW’s through examples of each company’s actions. Furthermore; a discussion regarding the business structure of the company will be held. Once the structure has been identified we will explain why this all fits together and works; ultimately giving BMW a competitive advantage. In…