On January 1990, Dr. Ira Gore, purchased a black BMW sports sedan for $40,750.88 from an authorized BMW dealer in Birmingham, Alabama. After driving the car for approximately nine months, and without noticing flaws in its appearance, Dr Gore took the car to a “Slick finish,” an independent detailer, to make it look “snazzier” than it normally would appear. However, Mr. Slick, the proprietor, detected evidence that the car had been repainted. Dr Gore believed that he was cheated and brought the suit against petitioner BMW of North America. Dr Gore stated, that failure to disclose that the car had been repainted constituted suppression of a material fact. BMW in 1983 ratified a nationwide policy where if the repairs did not cost over 3% of the
To illustrate, the Alabama Supreme Court ruled they had jurisdiction over Owens and Fitzner Pontiac-Buick-Cadillac, Inc. (“Fitzner”). Lowry v. Owens, 621 So. 2d 1262, 1267 (Ala. 1993). Fitzner is a Mississippi corporation licensed to do business in Mississippi. Id. at 1263. A third party initiated contact with Owens who bought cars from Fitzner for resale in Alabama. Id. Lowry picked up the car with a third party, and a later inspection revealed the car had been wrecked and was not new as advertised. Id. Lowry sued Owens and Fitzner for fraudulent misrepresentation and deceit from the original car sale. Id. at 1264. The Supreme Court of Alabama needed to determine if Fitzner had sufficient minimum contacts to justify the court asserting personal jurisdiction over Fitzner in Alabama. Id. Minimum contacts is made up of purposeful availment and foreseeability. Id. at 1265. Fitzner’s alleged fraud alone is not sufficient for purposeful
A dealer sold a new car to Raymond Smith. The sales contract contained language expressly disclaiming liability for personal injuries caused as a result of defects in the car and limiting the remedy for breach of warranty to repair or replacement of the defective part. One month after purchasing the auto, Smith was seriously injured when the car veered off the road and into a ditch as a result of a defect in the steering mechanism of the car.
Mr. Frye attempted to collect on his automobile insurer Crimson Permanent Assurance Company. Crimson denied coverage. Mr. Frye brought suit against Crimson. Crimson moved for summary judgment on the basis that Carmon Frye was not occupying the vehicle and the damage to the vehicle was intentionally caused by Cameron Frye within the meaning of the policy. The policy defines occupying as “in, upon, getting in, on, out or off.” Under the policy “property damage to ‘your covered auto’ or any ‘non-owned auto’ that is intended or expected by you or any ‘family member.’” is excluded from
Q.1 What are the causes and consequences of BMW’s quality problems with newly launched products? What should be done to improve “launch quality”? (583 words)
Founded in 1917, the BMW Group is now one of the ten largest car manufacturers in the world and, with its BMW, MINI and Rolls-Royce brands, possesses three of the strongest premium brands in the car industry. The group also has a strong market position in the motorcycle sector and operates a successful financial services business.
The purpose of this essay is to provide a complete analysis of BMW Group. First, some background information about the company will be provided for a better comprehension of this study. Next, BMW will be assessed from a microeconomic point of view: its demand curve, organisational structure, customers, suppliers, strengths, weaknesses and its operating environment. Then, this firm will be reviewed in context of its sector from a macroeconomic perspective and more specifically its market environment, followed by a PEST analysis of other external factors such as GDP, interest rate, cost of raw materials. This study will be further quantified by a ratio analysis in order to evaluate BMW’s financial health. In the end you
What are the causes and consequences of BMW’s quality problems with newly launched products? What should be done to improve “launch quality”?
As a result of the increased demand of cars, the competition among car companies is becoming intense. Although the market of car is the biggest growing market in the world, there are still some companies who make cars failing year after year. However, there are some outstanding car companies such as The BMW Group performing distinctly.
BMW marketing veers towards standardization rather than towards adaptation although it has a combination of both. The aesthetics for instance on its websites and the rest of its marketing mix are similar on all its material reflecting standardization. The classic design accords with the image of the company and does not differentiate according to specific country. So, for instance, users switching from the Taiwanese website to the American one will find the same design. The dominant colors of BMW, too - blue, black, silver and grey- remained the same regardless of country, and the pictures are the same too
During March 1999, Brazilian Carlos Ghosn took over as the first non-Japanese Chief Operating Officer of Nissan, when Nissan had been incurring losses for seven of the prior eight years. Many of the industry analysts expected a culture clash between the French leadership style and his new Japanese employees. Analysts said, because the financial situation at Nissan had become critical so the decision to bring Ghosn in came at the worst possible time. The continuing losses were resulting in debts (approximately $22 billion) that were shaking the confidence of suppliers and financiers alike. Furthermore, the Nissan brand was weakening in the minds of consumers due to a product
BMW is currently the 1st most valuable car brand in the world and the 23rd most valuable brand in the world; in 2011 it was the 2nd right behind Toyota. BMW’s brand value increased 10% while Toyota’s brand value decreased by 10%. It currently own “Rolls-Royce Motor Cars” which is a British manufacturer of luxury automobiles and “MINI” which is a British automotive marque which specializes in small cars.
BMW has embarked on a mission to cut its notoriously long product development time in half utilizing a newly developed system code named "Digital Car". Senior management has decided to utilize the new process on the 7-series platform. In order to accomplish this goal, BMW is preparing to take advantage of the latest computer technology in car development. At the forefront of the new plan is a debate over the use of computer-aided-styling (CAS). We recommend that BMW implement the Computer Aided Styling system and processes into their production development program.
BMW (U.S) Holding Corporation is a franchise of the high-end performance based global automotive company BMW. For the first time in its history, BMW is to launch its first American made car, the BMW Z3 Roadster. Having only made cars in Germany, this time the car is to be assembled in Spartanburg, South Carolina. BMW’s objective is to expand its market share in the U.S., make the brand name more global and improve its dealer network. With this in mind, the company developed a two phases launch plan for the BMW Z3 Roadster.
"The mission statement up to the year 2020 is clearly defined: the BMW Group is the world 's leading provider of premium products and premium services for individual mobility."
Orientation is a process of introducing a new employee to his or her job & to the organization. There are two types of orientation. Work unit orientation familiarizes the employee the goals of the work unit, clarifies how his or her job contributes to the unit¡¦s goals, & includes an introduction to his / her new co-workers. Organization orientation informs the new employee about the organization¡¦s objectives, history, philosophy, procedures & rules. This should include relevant human resources policies & benefits such as work hours, pay procedures, over time requirements, and fringe benefits. In addition, a tour of the organization¡¦s work facilities is often part of the organization orientation.