Case Study : Shiv Industries Of Facing The Challenge Of Global Competition Essay

The automotive industry has become one of the greatest industries today and is one of the world’s most crucial economic sectors by revenue. All the same, not only does automotive industry develops and manufacture but it also markets and sale motor vehicles globally.

Mergers and acquisitions have become a growing trend for companies to inorganically grow a business within its particular industry. There are many goals that companies may be looking to achieve by doing this, but the main reason is to guarantee long-term and profitable growth for their business. Companies have to keep up with a rapidly increasing global market and increased competition. With the struggle for competitive advantage becoming stronger and stronger, it is almost essential to achieve these mergers. Through research I will attempt to dissect the best practices for achieving merger success.

Given the current economic climate, I think the automotive industry is going to be faced with a multitude of economic challenges in the next five years. As an oligopoly market, the auto industry is highly dependent on strategic decision-making, and the demand for dynamic innovation and supply at decreased-cost levels. Competition, possibilities of turning substitutes into compliments, and shifts toward higher demand in services are seemingly leading factors that face the current automotive industry in the immediate future. But first, we should not ignore the political forces at play within the market.

While car manufacturing is a global industry, automotive companies such as JLR operate in broader regions such as Europe and Asia. Three major trends were identified affecting car production in mature markets, the first was the fragmentation of mature markets, customers were demanding more choice, and this has made it difficult for manufacturers to obtain economies of scale, so cost had to be reduced and with the general

The success of the automotive parts manufacturing industry is, at its core, derived from the health of the automotive industry as a whole. Conveniently, the

However, this approach is limited. Due to globalization, lowering cost of production and availability of information, the competition is more fierce some than ever in most industries, putting more pressure on companies and shrinking their profit margins. In this competition race, products and services

A lot of times, company merge to become more competitive . The consolidation of these

With the economy continuously deteriorating everyone seems to be getting hurt financially, even the automotive industry, which has deepening the economic recession. Automotive part suppliers continued to experience heavy debt and overcapacity caused by production cuts by automakers, specifically including the big 3 (Ford Motor Company, General Motors and Chrysler). The suppliers are also being pressed by higher energy and input materials’ costs. It has been determined by Industry analyst that automotive

The view of present company situation. Company managed to successfully market itself for 3 decades as well as expand very fast through retail franchising model. Constant product development has shown positive results in sales. Trading relationships with communities in need has enabled company to outsource high quality sustainable and relatively cheap materials.

Two major companies in the automotive industry are analyzed in this paper: Autoliv, a major player

Automotive Industry Most people drive a car every day, some have driven one their whole life, but what do we know of the automotive industry? It will be the goal of this paper to discuss four different environment challenges of the automotive industry. What is the global competitiveness of the auto industry? What new technologies are coming out to push the industry into a newer and newer high-tech world? Do vehicles cause environmental concerns, and what does the government have to say about it? What are the opinions of the consumers about the vehicles they buy? What is the global competitiveness of the auto industry? There are six main manufactures of vehicles today. The six main manufactures are Toyota, Volkswagen, Daimler, Ford, Honda, GM. The fight is real, in one article the writer says this, “Japanese automakers Toyota (TM) and Honda (HMC) have among the highest margins in the business at 13.8% and 13.1%, respectively. In contrast, General Motors (GM) has a relatively lower margin of 8.5%. Ford (F) has an EBITDA margin of 8.2%.” (Kallstrom) These margins of profit are where there at because of competition. Kallstrom later writes competition makes it difficult to pass the raw material prices onto the customer. Also, with every changing standards on safety and emissions auto industries need to stay up to date to say in the game. What new technologies are in the automotive industry? In Forbes magazine an article was written about the next big advancements in car

Bharat forge and Suzlon started with modest locally available resources at disposal and with their vision to excel at global scale devised their strategies and appropriate resource allocation and planning. The report is about the way in which both companies were similar in their approach and the way in which they differed in their approach for overseas expansion. Bharat forge and Suzlon presently being well established in both domestic and global markets, there were certainly key similarities in their approach to realise the global success. Both firms is their objective of transformation as global enterprise. Both firms used the strategies of overseas acquisition to expand Company’s product range and technological potential. Common aspect among the firms is reduction of production cost by cost cutting strategies. Suzlon always intended to reduce cost of wind power and it achieved it by integrating expertise from various fields along with strong engineering background of India. Indian engineers cost less compared to any other thus reduction in principle cost of production. Bharat forge also employed Indian engineers for technological research and operations and thus reducing production cost. Though approach differs in both firms but primary aim to reduce of cost of production was achieved through employing Indian engineers as core technological

There are numerous companies, which have huge expectation with the Mergers and Acquisitions for creating the value of the business through effective efficiency, large scale of economy, reduction of production and other costs, and synergies. Therefore, it is assumed that largely, this strategy influences the business. However, the impact of Mergers and Acquisitions announcement might affect organisations both positively and negatively.

This work is done to study the improvement of the quality in automobile industry. This chapter consists three sections named as “Problem definition”, “Objectives” and “Methodology of the study” respectively. The section 3.1 named as “Problem definition” describes the challenge or difficulty that is to be solved. The solution may be achieved after fulfilling the objective by using some sub-objectives that are described in section 3.2 named as “Objectives”. The methodology described in section 3.3 in details. This methodology has been devised keeping in mind the view of “Problem definition” and the “Objectives” that are suggested for the fulfilment of the solution for the problem.

Shiv commercial enterprises might have been a standout amongst the greatest modern aggregation over India. Shiv group, for an abundance for 20 organizations required a turnover from claiming US$ 1 billion. Shiv one assembly from being a major zest exchanging company, needed differentiated under auto parts, tea, electronics, finance, pharmaceuticals, and so forth throughout this way, observing and stock arrangement of all instrumentation may be enhance. They were those benefits of the business advertise pioneers over practically every last one of divisions to which they required a region. Shiv one assembly in the twentieth century assumed a noteworthy part likewise an impetus on business Furthermore business for its Growth in India. Shiv commercial enterprises required around 37,000 workers which aided to mean the best from claiming associations for India for quite a while. Shiv assembly for commercial enterprises required their results exported of the significant exchanging nations like those United States for America, those United Kingdom and Germany.