Four Wheeler Industry in India

The U.S. electric passenger car industry in 2011 was described as being in its infancy, because it is still a new concept to buyers. However there are signs of growth from 2011-2015. Buyers do not consider the car because of price, travel range and vehicle size, along with other secondary concerns.

In the contemporary China’s economy, it is no doubt that Auto parts Industry has become one of the fastest growing industries which plays a major role in the development of the domestic manufacture as well as the GDP Growth.

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

With the recovery of economy, the world’s automobile industry has been growing steadily over the past few years. According to Bloomberg, the US automobile sales climbed from its depth 10.4 million in 2009 to over 15.6 million in 2013. Furthermore, industry analysts predict that the sales will

In the previous couple of years, purchasers have requested an ever increasing number of autos that are reasonable as well as fuel-proficient. This ascent popular is because of the changing variables in the essence of the purchasers, the ascent in populace, the rising salary, the ascent in costs of substitutes, and the drop in the costs of supplement items and administrations. Honda and Toyota have both made a significant entirety of cash by exploiting the chance of these ascents sought after.

Ranked sixth out of the entire world, the United States is one of the leading car manufacturers (Cars). With today's assembly and productions lines, manufacturing of products and its availability to us has never been easier. Automotive production lines revolutionized the automotive industry, as well as American life. They made building cars more efficient. Because of the increase in efficiency, the cost to produce a car went down and when production costs were lowered, so was the retail price of the cars. “This price reduction meant more people could afford to buy a vehicle of their own” (How). As a matter of fact, automobiles are one of the prime examples of mass production within assembly and production lines. Automobiles are everywhere. In the year 2011 alone, 59,929,016 cars were produced around the world (Cars), and those numbers and continually rising. In 2012, for the first time in history, over 60 million cars passenger cars

Since cars were invented in 18th century, they have become the most popular transportation around the world. With mass industry, automobiles are currently cheaper than before, and they become affordable for most people to pay. According to Voelcker (2014), there are 1.2 billion vehicles on world 's roads now, and it is predicted to reach 2 billion by 2035. As vehicles are kept being produced day by day, the supply of energies increases to fill up demand. Since fuels are fixed resources and getting scarcer in the future, they will cause an increase of price due to a

The current business model for auto manufacturers is to locate their assembly plants as close to the market as possible. As such, most manufacturers have plants located regionally near the countries they are selling and marketing their vehicles. The hard and soft costs associated with transporting large shipments of vehicles around the globe (time in transit as well as the cost of moving the goods) means foreign automotive manufacturers must build their vehicles in the U.S. if they are to be competitive. (Coffin, 2013)

According to National academies press, the U.S. automotive industry is composed of three major U.S.-based manufacturers (Chrysler, Ford, and General Motors), several non-U.S.-based (transplant) vehicle assemblers, and a vast network of parts and components suppliers. Collectively, the industry produces and sells approximately 15 million cars and light trucks each year. And that manufacturing facilities include small specialty-parts plants, large foundries and engine and transmission plants, and vehicle assembly plants, which employ thousands of people and produce several hundred thousand vehicles per year. (1999, p52)

The automobile industry has exceedingly grown in today’s world. From the world’s fastest, luxurious car to the economic and fairly cheap ones, the market is very demanding. The industry in this analysis is Tata Nano. Tata Motors was established in the year 1945 by Ratan Tata and has developed as one of the most prevalent automobile industry in India. Tata Motors, established in a country where most of the population can only afford purchasing motorbikes. But, recent studies showed that 65% of Indian families are now able to afford cars and also applies to the increasing purchasing power of people across developing countries. The Tata Nano was launched in 2008, as a vision of Ratan Tata to facilitate those families who drove on a scooter to have a more comfortable drive at an affordable price of just $2500. Tata Nano is also known as the world cheapest car and signifies great technology and a small

The USA has an active automobile industry, and this is attributed to the availability of a market for the cars. “In 2015, the auto sales record were broken in the USA, a new record of 1,641,913 vehicles were sold up from 1,507,229 in 2014. Ford Motor Co. was among the top sellers with their sales standing at 237, 606” (Automotive News, 2016). The quality of automobiles in the USA has been improving thanks to the policies adopted by the government and the competition between players to produce quality vehicles.

automobile industry has had many ups and downs. However, the current business environment may be

Especially in China, there’s only 25 vehicles per a thousand residence while there’s over 800 vehicles per a thousand residence in United States. It won’t surprise us if the vehicle market of China grows double digits, or more, every year in the coming decade.

As income of people is rises and once the economy gets stable, the demand for automobiles will also increase.

Automobile industry is one of the oligopolistic industries that have experienced a change in its oligopoly market model. The pattern of change is evidently shown in its production, supply chain, pricing, and international trade changes. The paper examines this industry and explains the pattern of change and other aspects within the industry.