TERM PAPER ON PESTLE ANALYSIS OF AUTOMOBILE SECTOR OF INDIA ACKNOWLEDGEMENT I would like to confer my heartiest thanks to my coordinator of Business Environment and class teacher Miss Impreet Kaur for giving me the opportunity to expel and work in the field of Environmental Analysis, especially its practical applications. While preparing my project I got to have an in depth knowledge of practical applications of the theoretical concepts and definitely the things which I have learned
Established under the parent company in year 1945. Tata Motors Limited has become India’s largest automobile company. It was the first Indian automobile company to list on the New York Stock Exchange. Tata Motors began manufacturing commercial vehicles in 1954 with a 15-year collaboration agreement with Daimler Benz of Germany. This partnership has led Tata Motors to not only become India’s largest automobile company but also India’s largest commercial vehicle manufacturer; the world’s top five manufactures
and external factors are the major component that can affect the strategical situation of a company. For a company like Volkswagen to understand its external factors, using tools like the PEST analysis might be a great way out. This essay will perform a PEST analysis on Volkswagen, one among the leading automobile company in the world. Changes such as sudden advancement in technology, social unrest, and enhanced economic stability will be taken into consideration to see how that affect Volkswagen.
PEST Analysis The PEST model aims to examine the external environment of Nissan, which in this case is the automobile industry. We will particularly expand on the political, economic, social and technological aspects. The political environment of the automobile industry encompasses government regulations such as corporate tax and international trade regulations. Worldwide, cars are subjected to corporate tax by the government of approximately 6%. For instance, in Mexico, it is 6.25% (Internal Revenue
Research question/Purpose The Car Industry is changing its structure quickly. While Toyota earned some 124 billion SEK last year, GM lost about 65 billion SEK. Many mergers have happened and more changes are bound to happen. Write an essay pointing out the PEST-factors you find having a strong impact and causing these changes in the car industry. Also, reflect on the changes you think will happen in the years to come. 1.Introduction [1] PEST analysis is a process of checking and analyzing information
PESTEL ANALYSIS OF HONDA INTRODUCTION: Honda is a Japanese multinational corporation of manufacturing automobiles, motorcycles and power equipment. It functions as a distributor in North America, Europe and Asia. In addition, the company also deals with motor racing motorcycles and sells spare parts. It produces various automobile products, minivans, water pumps, grass cutters, lawn tractors and mowers, portable generators etc. It provides sale services through retail dealers. The company was founded
Direct Business Automobiles world-wide - since 5 October 2000 Member of the Board of Management; Sales and Marketing Development Prof. Dr. Burkhard Goschel - Born in 1945 - 1992 - 1993 Project Manager, Roadster - 1993 - 1999 Director of Special Model Series - 1999 - 2000 Director of Overall Vehicle Development - since 16 March 2000 Member of the Board of Management; Development PEST Analysis The objective of the PEST analysis is to identify
been developed rapidly not only in terms of their economic growth but also industrial development, which bring opportunities for investors to invest in China. There are some main areas of PEST related to automobile industry in China that investors might want to consider before they intend to invest in the industry. Recently in China, there is an ongoing promote rule of law. A legal system has been developed to restrict of official authority and revolutionary excesses after the Cultural Revolt. On the
CASTROL INTRODUCTION Castrol is now developed and known to be an excellent international brand in the automobiles and industrial lubricants sector and its known for presenting an extensive assortment of greases, oils and related products for mainly those applications that require lubrication. Charles Wakefield in the year 1899 had established The Wakefield Oil Company. "Castrol" as a brand name was resultant of the addition of castor oil by the researchers in the new lubricant formulations they were
It producing 1,481,253 automobiles and 112,271 motorcycles across all over the world. BMW is one of the leading manufacturers of premium cars in the automotive industry, in June 2012 BMW was listed as the #1 most reputable company in the world by Forbes.com.