From the above analysis of the companies, following findings are being interpreted from them.
A. MARUTI SUZUKI INDIA LIMITED
a) Performance
The Sales trend of Maruti Suzuki from year 97 to 2008 is illustrated in Figure 1.1 Fig 1, Source: CMIE Prowess Database (97-2007) (Rs.in Crore)
From the above pie chart, it is observed that in the March 2008 Maruti Suzuki’s sales was 21221 Crore which is 21.55 % more than March 2007.
Maruti Suzuki India Limited has started its production in 1983 by introducing Maruti 800. Presently with two manufacturing facilities and a combined manufacturing capacity of one million cars a year, Maruti Suzuki produces over 1.2 million units annually. The manufacturing performance of Maruti Suzuki India Limited can be
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Maruti plans to set up another plant in Gujarat for which it has acquired 600 acres of land. Maruti has around 1800+ sales outlets in all the cities combined and has a dealership which is wider than such competitors as Hyundai, Tata and Mahindra, even in the rural landscape. The place strategy in the marketing mix of Maruti covers not only its presence of dealers but also service centers, Service is a major revenue generator for the company, thanks to its wide …show more content…
Good promotional strategy is adopted by MUL to transfer its thoughts to the people about its products.
Maruti Suzuki recorded highest number of domestic sales with 9,66,447 units from 7,65,533 units in the previous fiscal (2016). It recently attained the 10million domestic sales mark.
Strong Brand Value and Loyal Customer Base are big strengths for MUL
There are around 15 vehicles in Maruti Product portfolio. Has good product lines with good fuel efficiency like Maruti Swift, Diesel, Alto etc
Alto still beats the small car segment with highest number of sales
MUL is the first automobile company to start second hand vehicle sales through its True-value
How did the ancient city of Carthage almost become Rome’s equal? Also, how was this state of the city at this time come about in the ancient world? Carthage being a port city and Rome also being so close to the Mediterranean, gave both cities great business and imperial opportunities. In fact, both cities flourished because of their geographical locations to a certain extent. These opportunities and the desire to obtain them would eventually lead the two cities into war and conflict.
There are 200 component, tooling, design and engineering firms in Australia. All three companies are the subsidiaries of major overseas producers. Mitsubishi Motors closed its production in March 2008, though it remains in the market as an importer of a full range of vehicles (AustralianGovernment, 2009). In 2007, the market recorded sales of over one million vehicles for the first time. The number of passenger vehicles sold increased by 1.8% (on month to month basis) to 41,700 in April 2009. The rise was the largest monthly increase since November 2007, and is a sign of improvement instead of rising fuel prices and global economic turmoil.
The Gilded Age for Americans could be perceived as a time of wealth or poverty. Many authors in America during this time shared their opinions. For instance, Marshall Kirkman in The Railway Army, William Graham in What Social Classes Owe to Each Other, And Andrew Carneige in Wealth, all depict that there was an inequality amongst the nation but felt it was necessary in order for the country to succeed. While other authors such as Henry Demarest Llin Wealth Against Commonwealth and Henry George in An Analysis of the Crime of Poverty found that inequality was clearly present and unfair for Americans who were not one of the few with an abundancy of money. All of the authors acknowledge inequality but only few believed it was an issue, all agreed
From the above graph one can also observe that in past 3 years (years 1993-1995) the volume of sales in the month of September went down, and slowly went up again in October and November and usually reached its peak in December. The unusual behavior in September 1996 pulls our attention. For the first time in 4 years history we observe that the sales volume in September compared to August sales went up by 11.7 % whereas in September 1993 they were down by 8.6%, in September 1994 down by 15.3%, and in September 1995 actually down by 21.8%. The question is why
When Quiksilver announced the start of its women line Roxy in 1990, they defined the brand as a “fun, bold, athletic, daring and classy” brand for young women. Market segmentation is a crucial marketing strategy and Roxy utilizes the four bases that are commonly used for segmenting consumer markets including geographic, demographic, psychographic, and benefits sought segmentation. The geographic segmentation is ideally unlimited for the Roxy target market because the brand offers clothes for both warm and cold weather, however, it focuses mainly on the “beach lifestyle” and is generally more popular in beach towns. The demographic segmentation of the Roxy brand, is aimed to attract young women between the
The Harley-Davidson company has sold two-hundred-and-twenty-three-thousand-twenty-three units, and showed a thirty-nine percent pricing growth. In two-thousand-ten it sold two-hundred and twenty-six-thousand units, and the improvement was two to two point five percent, since two-thousand-six to twenty-ten even though sales for the CAGR were falling, in two-thousand-six to two-thousand-ten there was still a growth of sixteen point seven percent, (Forbes, (2014).
This is an increase of 9.6 percent over the volume of October 2006, when the company sold a total of 24,464 vehicles.
The company produces vehicles under the names Ford, Lincoln, Mercury, Jaguar, Volvo, Land Rover, and Aston Martin. Ford likewise keeps up controlling enthusiasm for Mazda Motor Corporation
Carmakers Fiat Chrysler, Honda, Nissan and Toyota lead the way. According to a report from AutoNews.com, sales climbed 3.9% in June 2014. This trend continues a banner year for light vehicles. June numbers registered below May’s, but above the same month in 2014.
TATA motors has been a pioneer in indian automobile sector for more than the 60 years, established in 1945 ,today it is valued at over USD 40 Billion.The company now has its presence in almost every continent around the globe ,in about 175 countries.It currently caters to 3 market segments The passenger cars, Utility vehicles and commercial vehicles
13. Price of the cars as well cost of spares, parts and component also govern the
industry produces and sells approximately 15 million cars and light trucks each year. Total sales in 1997
The Mahindra group has a presence in agribusiness, aerospace, aftermarket, automotive, components, construction equipment, energy, defence, farm equipment, etc. The Mahindra group is considered to be one of the most credible Indian industrial houses with market leadership in utility vehicles as well as tractors in India. The Mahindra group automotive is names Mahindra and Mahindra Limited (M&M), it is an automotive producing corporation. Mahindra and Mahindra Limited is ranked as the 10th most trusted brand in India, by The Brand Trust Report, India Study 2014. The Mahindra and Mahindra Limited was ranked 21st in their list of top companies of India in Fortune India 500 in 2011. The automotive manufacturing corporation major competitors in the Indian market include Maruti Suzuki, Ashok Leyland, Tata Motors, Mercedes-Benz, Hyundai, Toyota and others. The Mahindra XUV 500 is a mid-size SUV manufactured by the Indian automotive corporation Mahindra and Mahindra Limited and was launched in September 2011 and by June 2012 the Mahindra XUV 500 was available in 19
They are Hyundai Motor’s “Santro”, Daewoo Motors “Matiz” and Fiat India “Uno”. There was an effect on price sensitivity as people are ready to pay more for fuel efficient cars.
Tata Motors is branded as India’s largest automobile producer. It had an consolidated revenue of Rupees 262796 Crores for the financial year of 2014-15. The company has over 60000 employees who contribute to the betterment of the brand.