The current fleet of taxi’s your company is operating with is made up of Toyota Corollas, which have internal combustion engines that require gas to be powered. These gas-powered engines are going to become very problematic for your business because of rising gas prices. Not only will these gas powered vehicles become more expensive to operate but with more and more people becoming concerned about the environment business will be lost to people seeking a more sustainable method of transportation. The following report suggests solutions to eliminate the costs of fueling internal combustion vehicles while making your business become more sustainable. Problem Background With the worlds current state two problems will start …show more content…
Criteria The following criteria will be used to evaluate the three potential solutions to determine the superior solution. The first criteria to evaluate will be the cost of each vehicles base model. The second criterion is the range of each vehicle has after a fully charged battery. The final criteria that will be used to evaluate each vehicle will be the efficiency of each of the vehicles. Criterion A The first criterion used to evaluate the three vehicles is the base model price for each vehicle. The base model being the cost to purchase the standard model of each vehicle so to reduce cost as much as possible the least expensive base model is the most desirable. The first solution being the Ford Focus Electric was evaluated to have a base model price of $29,120. The second solution being the Nissan LEAF was evaluated to have a model price of $ 30 680. The Third solution being the KIA Soul EV was evaluated to have a base model price of $ 35 950. Therefore after evaluation it can be seen that under criterion A that the Ford Focus Electric has the least expensive base price where the Kia Soul Ev has the most expensive base price and the Nissan Leaf falls in-between the two other vehicles. Note all values were recorded from MojoMotors.com and do not incorporate any taxes. See Fig. 1 for values Criterion B The Second criterion used to evaluate the three vehicles is the range each vehicle has after a fully
After this the purchasing decision is derived from Vehicle price, concern’s about travel range, and the size of the car, specifically relating to trunk space. These are all product factors that can only be changed over time as perception of the electric car product is shaped in the consumers mind through a multitude of marketing tactics, something that a small scale dealer like Sanger will never truly have a major influence on. These factors can only go two ways, one is the negative perception of the electric plug-in remains constant as consumers fail to see the benefits of the new product type and the market continues to rely on gas powered vehicles, or consumers view the perceived value of the electric cars as being more beneficial both economically and environmentally. The ladder
This paper is an analysis of Road King Trucks’ new project which is introducing a new product into its product line. I will decide whether run the project or not. Six issues will be discussed as follows 1) importance of energy cost; 2) project’s cash flows; 3) cost of capital; 4) choose an engine 5) evaluation 6) accept or reject.
In adherence to the rental car company policy of buying cars in bulk at wholesale prices, green cars are not yet massed produced. Manufacturers currently create set amounts of the green vehicles due to the cost and time required to make the hybrid batteries. The price for a 2011 Ford Focus Hybrid starts at $28,100.
This paper is an analysis of Road King Trucks’ new project which is introducing a new product into its product line. I will decide whether run the project or not. Six issues will be discussed as follows 1) importance of energy cost; 2) project’s cash flows; 3) cost of capital; 4) choose an engine 5) evaluation 6) accept or reject.
This is a real life problem and as you research the vehicle you may discover that success is not a certainty. Apply marketing theory for grades!
Similarly government regulations in the United States and Europe are tightening up, consequently requiring cars to be cleaner and more fuel efficient. As a result, the collaboration with BMW is paramount to getting the most fuel efficient vehicles to the market in a timely manner so that GM can harvest a substantial profit. (3) In addition General Motors is working on the next generation of fuel efficient and gasoline free vehicles to help reduce the impact of the vehicle on the environment, while preserving personal mobility, which further indicates its commitment to innovation. (6)
In the market today, there are some factors that can pose a problem to all the market players’ including the Model S. The idea of fully electric vehicles is still a new idea in the eyes of consumers. The major concern for the market would be the location and proximity of charging stations for the vehicles. Major cities are starting to increase the amounts that are located within them, but are still not as readily
Environmental concerns have been raised from time to time because of the dependency on the gasoline-fueled engine as the chief auto powertrain technology. This has resulted in exposing many automobile users to unpredictable prices of fuel. These issues were, however, the reason for
The bigger difference between the two cars is their environmental output, since that was the whole reason this kind of technology
Problem Statement: Disruptors of domestic and international competitors are expanding upon the alternative fuel vehicle market and can offer a wider variety of products ranging from hybrid, plug-in hybrid, and fully electric vehicles due to the access to more resources available to them.
This is a research proposal on a study on launch of new cheapest car in the world by TATA Company name “TATA NANO”. The objective of this research proposal is to find out an opportunity or a problem in the launch of the smallest /cheapest car targeting masses through secondary information / data.
There is a serious problem facing the world right now. It is air pollution. The number one contributor to this epidemic is automobile emissions. We have all heard of the issues that are involved with air pollution including the depletion of the o-zone layer, the green house effect, and acid rain. The problem has been scoped from every imaginable angle, and now it is time to solve the problem. I propose that each of the ‘Big Three’ (Ford, General Motors, and Chrysler) car manufacturers be required to have 10% of their product line as EV’s By the year 2010. I propose this because it will be the start of cleaner air, EV advancement, and awareness of EV’s and how they work.
Introduction Automobile usage has increased in America and elsewhere in the world. In a research done by Sutherland, J., et al. (2004) “The US has a contributed to 200 million passengers in cars and light truck over the past few years. Further in 1990, studies showed that US cars increased six times faster than human population. The leaders in the automotive industry must adopt some key elements to ensure success in this fast-moving environment. They must invest in knowing their markets, building brands, adapting product strategies and taking long-term view on their goals and objectives. This paper outlines some of the key factors which should be considered. Environmental factors automotive designers and engineers have always said the main threats in the American Automotive industry are the environmental factors such as fuel economy and the clean air regulations. Automotive Emission posed different problems than manufacturing discharges such as coal smoke. Increased fossil-fuel emission has resulted from the million car increase. Irritation smog, which is comprised of carbon monoxide, hydrocarbons, sulfur oxide and other various chemical mixtures are cited in major cities such as Los Angeles. These auto emissions are also said to cause headaches, visual pollutions, contribute to lung cancers and other respiratory disease. In the end, the engineers have designed cars that are better environmental performers, cost effective and fuel efficient to reduce the environmental
The transport sector is one of the main global consumers of fossil fuel related energy in the world. Unfortunately fossil fuel is non-renewable source of energy and the production of oil has been fluctuating in the recent past. At the same time, combustion of petroleum related fuel release greenhouse gases such as carbon monoxide and carbon dioxide that destroy the ozone layer and result to further environmental degradation. Therefore to work
As it happens in any imminent decision regarding a purchase, an assiduous market research is required. The brochures of the major automobile companies and the car web sites constitute the main information source which will be used for the designation of the criteria and the elicitation of their values. Due to the fact that the criteria which are taken into consideration are more than two, Multiple Criteria Decision Analysis(MCDA) will be applied. The MCDA is supported by the use of the IDS software. The data and its calculation as well as any output of IDS tool, are presented explicitly in the respective appendices.