Pest Analysis of Hong Kong

The market for hybrid cars is changing. There are more providers but due to bad publicity and poor performance, demand is falling.

The impact of technology affects the market because people are shifting towards the purchase of environmentally friendly cars. The business level strategy at Honda is in line with its enterprise and corporate strategy. In the motorcycle industry, the corporation is striving to build its products and services very close to its customers in a total of 21 plants that are spread across 21 countries (Hu, B.2013).  The corporation also conducts Research and Development (R&D) in a total of six countries. The research and development system is tailored in its approach to producing products and services that are durable and reliable at the same time (Hu, B.2013).  The focus of the Honda foundation is to have three main dimensions; social, economic and environmental issues. Environmental regulations Honda conducts its businesses in Japan and throughout the world (including North America, Europe, and Asia). A continued economic slowdown, recession and the sustained loss of consumer confidence in these markets, which may be caused by rising fuel prices or other factors, could trigger a decline in demand for automobiles, motorcycles and power products that may adversely affect Honda ‘s results of operations (Hu, B.2013).  Regulations regarding vehicle emission levels, fuel economy, noise, safety and noxious substances, as well as levels of pollutants from production plants, are extensive

The article “The Gas-Electric Hybrid Demystified” by Sara R. Howerth, gives the reader some insight on the new developed technology of hybrid cars. The author uses the difference between four engine models; Gas-Engine, Battery Powered Electric, Hybrid model #1 and Hybrid model #2 – to show just how far technology has come and to say that this is only just the beginning. The engine will keep evolving as long as our natural resources continue to diminish and our need for them increases.

The more frequently a person fills up the gasoline tank in their vehicle, the more likely they are to consider purchasing a hybrid vehicle in the future.

Hybrid and electric cars have affected the automobile industry by using alternative energies other than fuel and reducing the amount of carbon dioxide that is emitted into the atmosphere. Like everything, there are many advantages and disadvantages to having a hybrid or an electric car.

Sales of hybrid vehicles in the United States have jumped from a curiosity of 17 sales in 1999 to 470,383 in 2014.[1] The annual growth rate of the hybrid market has advanced across all makes and models and includes luxury vehicles, family sedans and economy vehicles. Hybrid car owners can save hundreds of dollars on fuel costs, get maintenance costs that are comparable to gas-powered vehicles by spreading them over the life of the cars, enjoy tax incentives and driving perks and find hybrid vehicles in attractive models from their favorite manufacturers.[2]

One of the tough choices people have to make in today’s world is what kind of car to get: electric cars, traditional gas cars, hybrid cars, and so on. Although traditional gas cars are more common, electrical and hybrid cars are growing in popularity every year. Some experts believe that the hybrid car is not only better than any other type of car, but also better for the world. Hybrid cars are becoming more popular each year because they tend to have more advanced engines, improved gas-mileage, and are economically friendly, in comparison to normal combustible engines. In order to understand and appreciate the significance of hybrid cars it is important to first look at the history, understand their function and design, and

Most of the countries in the world begin to realize the importance of technology which is more environmentally friendly and willing to invest millions of dollars in developing hybrid power

Contact Information Beijing Bill Russo Senior Advisor +86-10-6563-8300 bill.russo@booz.com Shanghai/Beijing Edward Tse Senior Partner +86-10-6563-8300 +852-3650-6100 +86-21-2327-9800 edward.tse@booz.com Tao Ke Principal +86-21-2327-9800 tao.ke@booz.com

Honda Motor Company Ltd is proud to invest in America and also proud in American and economy of the country. They also proud to provide jobs that help to improve the economy in North American. Honda continued investment in America’s future is their success in the global marketplace. In 2013,

Hybrid vehicles are slowly gaining popularity despite American car companies failure to utilize the type of engine. During rush hours and heavy traffic, when vehicles are gaining most of their use, the electric powered engine helps reduce cost and maintain environmental health. American automotive companies need to start utilizing hybrid engines rather than normal gasoline-fueled engines by making hybrid engines the automotive standard.

Hybrid cars were also expensive to produce relative to traditional automobiles. While Honda charged a sales price for the Insight that was comparable to its non- hybrid counterparts-—around $20,000, depending on options—it was estimated that Honda lost as much as $8,000 per car when the hybrids were originally launched, as a result of insufficient volume to achieve economies of scale.

The American market is Honda’s largest contributor. As the economy continues to be in turmoil, Americans are turning to Honda for their small, low-maintenance and more fuel efficient vehicles. The organization has a firm hold on hybrid and fuel cell vehicles, such

Honda entered the European market rather late, and its first production facility in the region was built in 1992, at a time when Honda was still only a minor player in the Japanese market. Prior to 1992, Honda Europe was forced to import its vehicles from the US, making it impossible for the company to aggressively attack the European market. One of the most important reasons for the lack of success was that the European market was highly saturated with locally owned car manufacturers. Companies such as Saab, Volvo, BMW, Audi, Volkswagen, DM, Opel, Renault, Peugeot and Fiat have been dominating the European market for a considerable number of years. In addition, other foreign companies, such as Toyota, Nissan, Ford and Hyundai make the European market extremely competitive.

The option of hybrid cars is not sustainable at this point. The pollution and emission level is so high, that a drastic change in fuel