Automobile Industry Essay

The automobile industry is one of the most prosperous industries in the United States. For years, it had a big impact on the American economy. But with the recession of 2007-2008, consumer spending decreased and new car sales plunged (Davis, 2012). Big automobile firms like General Motors and Chrysler were on the verge of bankruptcy (Davis, 2012). Luckily, the American government intervened to rescue these firms through bailout money (Davis, 2012). In 2010, the automobile industry in the United

The automobile industry is the fastest growing sector in India. Growth in consumption patterns has encouraged tremendous improvement in manufacturing sector and the auto industry has been growing at a rapid pace recording "over 2.06 million four-wheelers (passenger cars, light, medium and heavy commercial vehicles, multi-utility vehicles such as jeeps), and over 9 million two-and-three wheelers (scooters, motorcycles, mopeds, and three wheelers) - in 2006-07." (SBH India, 2008) It was this promising

with the geographical trend of more people moving to urban areas. This might create a challenge with mobility issues with so much congestion. Sociocultural Today’s society now has a greater concern for the environment which can affect the automobile industry. More people want hybrid or fuel efficient cars to decrease their carbon footprint. People also want to see businesses take on more corporate social responsibility as well as continuing advances in technology. Political/legal Legal issues

TERM PAPER ON PESTLE ANALYSIS OF AUTOMOBILE SECTOR OF INDIA ACKNOWLEDGEMENT I would like to confer my heartiest thanks to my coordinator of Business Environment and class teacher Miss Impreet Kaur for giving me the opportunity to expel and work in the field of Environmental Analysis, especially its practical applications. While preparing my project I got to have an in depth knowledge of practical applications of the theoretical concepts and definitely the things which I have learned

thorough analysis of the external forces that shaped the global automotive industry in 2009 reveals how the rivalry between established car makers set the stage for some to successfully survive the global recession while others were forced to seek Chapter 11 bankruptcy. A closer consideration of the impact of consolidation, demand and supply, fixed costs, product differentiation, and exit barriers on rivalry within the industry reveals how new entrants and weaker competitors were able to take advantage

Now days the automobile industry has to bind to a large list of government regulations. While some may just be focusing on the driver comfort and avoiding unnecessary distraction, the government has safety regulations which have to be strictly imposed on every vehicle. Within these safety regulations, there is The Clean Air Act; an act to improve, strengthens, and accelerates programs for the prevention and abatement of air pollution. But we always had criminals breaking the rules of society. VW

Brief summary: The automobile industry is a tough market where competition is stiff. General Motors (GM) is an automobile company that is trying to stay in this competitive market by having different divisions for each car model. Their idea was to gain a market share by introducing new car models that would generate more sales and could save the firm from going out of business. However, GM, not realizing that having many small divisional companies would increase the cost of producing new car models

American Auto Industry The American Auto Industry began in the late 1800 's and grew to be one of the largest of it 's kind in the world. The industry also encompasses many global automobile and auto parts manufacturers across the country. Production rise and fall over the past decade has dropped the American Automobile Industry into the number two spot in the global market just behind China. The Big Three,comprised of General Motors, Ford Motor Company, and FCA US(formally known as Chrysler)

INDUSTRY ANALYSIS Today the automobile sector in India contributes 5% to the nation’s GDP, making it a prominent player in the economy. It will contribute around 19% of the Tax collection for financial year 2009-10. Following have been the features of Auto industry in the past financial year. The following tables and charts consist of the performance of Auto industry in past few years. Industry Aggregate (Rs in million) | | AMJ 10 (E) | Net Sales | 363904.38 | Change (%) | 39% | EBITDA |

prices of an automobile have increased due to the rise of inflation. Due to a price index, the price of an automobile changes over a certain period of time. Economists compare averages of automobiles to calculate the cost of each vehicle that presents itself on a car lot. When all of the above is calculated within the purchase of an automobile, it affects every area of making the automobile to selling the automobile. All of these factors are impacted together for the automobile industry as a whole