Motorking Corporation

Efficient use of the statistical tool-regression will helps in deriving crucial relationship between variables that could offer significant pointers towards successful business decisions. Number crunching has emerged as the single most effective solution to pull up a declining businesses while on the other hand, the author advices customers to be vigilant in their business transactions that offer additional features at the same price. He also explains, how customer feedback extracted from market data and random surveys drives towards profitable decisions in the future for different sections of the society.

The purpose of this report is to become familiar with research tools, to introduce a framework for secondary industry research and gain to practical experience in creating an executive summary. This research paper looks at a broad set of indicators on the Canadian new vehicle industries. The Canadian automotive industry produces light duty vehicles — cars, vans, pickup trucks; heavy duty vehicles—trucks, transit buses, school buses, military vehicles; and a wide range of parts, components, and systems used in vehicles of this nature. To complement its manufacturing activities, the industry boasts a well-developed vehicle dealer network, plus an aftermarket organization which has grown into a world-class distribution system and service provider (Canadian automotive industry, 2014). Canada accounts for a small amount of 4.6% of the Americas new cars market value (New Cars in Canada, 2016). Throughout the project I became more aware of how much the industry is worth. The worlds automotive industry accounts for around $1 trillion in annual sales. (Canada’s Auto and Auto Parts Industry Industrial Outlook, 2006). However, in 2015 the Canadian new cars market had total revenues of $15.0 billion. The market is expected to grow substantially by 18% in 2020 (New Cars in Canada, 2016).

|Economy in Europe and other regions is growing at a better rate than United States|0.08 |4 |0.32 |

General Motor Company was created in 1908 as the holding company for Buick. The original name Olds Motor Vehicle Company. Over two decades General Mills polished its standards of quality by producing state of the art driving machines. General Motors brands are the following: Chevrolet, Buick, GMC, Cadillac, Baojun, Holden, Isuzu, Jeifang, Opel, Vauxhall and Wuling. General Motors is based out of Detroit Michigan with over 212,000 employees that work among 396 faculties that span across six continents.

Medsupplies, one of the best distributors of the Vortec, asked the market division of the Vortec to increase the monthly shipment. Vortec is selling 100,000 units to the Medsupplies at $5 and now the Medsupplies wants 2000 additional units at $4. Here the Vortec needs to make a decision and that decision must align the interests of the manufacturing division, the marketing division and the owners, for that the Vortec needs to consider mainly on three factors, the average cost, the sales revenue, and the profit because these factors will change if the Vortec sells

A large concern of the organization is long-term cost savings and developing a better marketing strategy. The cost of using various vehicles, increased gas prices caused by the economic downturn, and maintenance of these vehicles will produce a long-term debt versus

One of the most notable challenges in today’s business operation is knowing the buying behavior of customers and how decision makers under peril provision value choices. Decision maker’s decision is based on the evaluation of the data being gathered from survey, interviews and other references regarding the topic.

The company’s financial situation is very good. The business attracts new and regular customers, and, therefore generates decent profit. The company sets aside a budget to purchase or lease a vehicle to stay competitive in this market and reach out to its customers. Therefore, the

After several new product failures, the company began using customer input to help develop new products. In 1989, the fishing electronics industry is experiencing a downturn, and the company's sales and profits are slipping. The company, which has one product line (depth sounders) and a strong brand (Hummingbird), has conducted substantial market research on three new products. These products are project 901, hummingbird VHF Radio, Locator/ GPS navigator. Of these, project 901 is an extension of the depth sounder product, while the other two would be new product lines for the company. Top management is deciding which one or more of the three new products it should proceed with. In this paper, I will discuss the positive and

The Porsche Automotive Group firm has been considered to be a benchmark of precision within the market for decades. According to Henderson & Reavis (2009), “By 2007, Porsche had become the world’s most financially profitable automaker on an annual per unit basis.” They then go on to mention, “This is especially impressive when considering that Porsche produces over 100,000 vehicles annually.” From Porsche’s inception their focus has been firmly placed on the finer points of engineering. Sinse the 1930s this firm has been translating their expertise of engineering into the esthetic design of their vehicles. The quality and performance that Porsche has become known for has caused the public and private industries to consider their

Our company wants to change and present a new product. So, we have collected information through thorough interviews. We complete a survey of the market to have a clean idea about market, our customers demand, needs and wants. This information supports us to know about the current market and estimates of our new

Canadian automotive industry data was used for our financial analysis and applied to the Ottawa-Gatineau market. Within the first 2 years of operation, Alpha Machine Shop will achieve a projected revenue of $5 million, profits of $2.5 million. The payback period has been calculated as 3 years. The project NPV is 3037957 (at a 15% discount rate) and Internal Rate of Return is 40%.

The Toyota Corporation has a unique business philosophy, even in the hard times of the economy they stand up and out for their employees and their business processes. Toyota’s mission statement is "To attract and attain customers with high-valued products and services and the most satisfying ownership experience in America" (Toyota.com, 2011). They have exceeded in their mission to do this as well as in their vision to be the most successful and respected car company in America. In this document we will discussion in detail the business goals and objectives of the Toyota Corporation which fall under their philosophy also known as the “Toyota Way”. We will also explain our marketing

The automobile supply companies have limited bargaining power. There are so many supply firms and there are so many parts that are required to produce an automobile, requiring numerous suppliers, one would think that the automakers would be at the supplier’s mercy. However, the suppliers really have very little power. The suppliers tend to rely on one or two automakers to purchase the majority of their products. If the automaker decides to change suppliers, the effects to the supplier would be devastating. With the JIT (Just in Time) manufacturing methodology Honda utilizes, there is a push-pull mechanism. This warrants a strong relationship between

The problem under investigation is to advice the management on the best product to market. A market analysis is done using statistical data that gives the performance of the legend product and the new product in every region.