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    Rajarshi Mukherjee 131 Vishakha Vartak 154 Vivek Mohandas 158   AUTOMOBILE INDUSTRY DYNAMICS The Automobile Industry plays a very important role in the manufacturing scenario of India accounting for 22% of the country’s manufacturing GDP3. The automobile sector is widely perceived to be a good indicator of the Indian Economy. Today, India has become the outsourcing hub for many of the global automobile manufacturers. The Auto industry compromises of four segments1: passenger vehicles(15%), commercial

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    The Automobile Industry

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    innovations and historical achievements ever created, which eventually became known as the automobile. The automobile has changed and revolutionized the way we transport ourselves, but also our lifestyle as a whole. Hence, The United States was and still is one of the key shareholders of the automobile industry; However, that has been a roller coaster ride for the big three automakers of the US. The US automotive industry has seen various powerful brands of the past, such as AMC and Studebaker motors that

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    Economics of the Automobile Industry

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    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

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    The automobile sector has been a robust sector that has experienced tremendous growth in the past seven to eight years. Apart from two years in particular -2008-09 & 2012-13, there is general trend of ten percent plus growth in various segments like passenger car, commercial vehicles, two and three wheelers. The following chart shows the growth rate of various years in each sectors. Growth Trends In Sales Source: SIAM The years 2008-09 and 2012-13 were years of global economic crisis and the

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    Automobile Industry Essay

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    options for passenger cars. The Automobile Industry has been in the booming phase for the past 10 years, on the strength of the Indian Government’s liberalized economy policy and freedom from the License Raj. Globalization and liberalization, with the entry of many prominent foreign manufacturers, changed the automobile scenario in India, since early 1990‟s. The Government of India allowed Foreign Joint Venture in the industry since early 1990, which saw many automobile giants entering the Indian market

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    The automobile industry is a huge economic player worldwide in terms of revenue and the great number of other industries it directly and indirectly affects. The United States has been at the forefront of the industry since its humble beginnings in the 1900’s. For many years the United States produced more cars than any other country, this has shifted in recent years with stiff competition coming from China and Japan. Sectors within the automobile industry include marketing, maintenance and production

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    The 1920's and the Automobile Industry In the 1920s, the USA's economy was booming. People felt that they had a right to prosperity and many had aims of owning a nice house and car. Most people in the USA had this state of mind. I believe that the automobile industry was extremely important in the economic boom! In the 1890s cars were only made by skilled blacksmiths, and were very expensive. Only about 4000 were produced each year/ However Henry Ford changed all this. He set up the first

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    1. Introduction Automobile firms like GM Holden, Toyota, and Ford decided to shut down their plants in Australia and shift to another country. The automobile industry ranks among the crucial significant business phenomena of the twentieth century and remains vitally important today. Other words, the world’s automobile industry has played an important economic role (Wynn-Williams, 2009, p. 2). It is now is one of the largest industries in the world, the industry of industries (Drucker, 1972 , p. 176)

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    he American auto industry has seen many changes since its first car was built. From steam powered vehicles to electrical automobiles, the industry has literally paved the way for some of the most innovative ideas the world has ever seen. However, to remain in the forefront, the industry has had many obstacles stand in its way. Global competition in the industry There are many trends that can affect the US automobile industry. Today, the biggest impact globally for US automakers comes from East

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    the present situation of Pakistan’s Automobile Industry mainly focusing on the cars and motorcycles sector. The report provides brief information about the history and the evolution of the auto sector in the country. The report also presents 5 years of data on the production and sales of the auto industry and discusses the various active tax and duty policies. The report also discusses the installed capacity and the capacity utilization of the overall industry. The report includes information about

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    United States automobile industry during the recession period. The United States automobile industry is still reeling from the effects of the recession throughout the period of economic recovery that continues today. According to Chu and Su, “In this credit-driven recession, one of the hardest hit sectors was the automotive industry, along with the housing and financial markets. Chrysler and General Motors were pushed into bankruptcy; and 276,000 jobs in the automobile and parts industry were destroyed

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    Automobile Industry Essay

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    India is one of the world’s largest automobile industries; it’s in fact the second fastest growing automobile market in the world after China. India is now focusing in the production of small cars, in which they are building a reputation in designing and manufacturing ultra low cost cars. It is important to highlight that international business such as Hyundai and Nissan have invested in plants in Chennai, India. These two businesses are showing how efficient their production and logistics functions

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    Introduction The automobile industry is a complex industry with many different parts that are constantly adjusting to the market and institutional conditions in which they operate. The features of the industry include the structure of the industry, location of suppliers, integration of new markets, differing strategies applied by firms and the institutional framework in which the industry operates to name but a few. These all form the overall global production network widely adopted by this industry. Features

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    When one thinks of the United States Automobile Industry they typically think of Detroit and the big three manufacturers, Ford, Chrysler, and General Motors. The truth is that almost every major automaker in the world has opened assembly plants in the United States (commerce.gov, n.d.). The automobile industry, especially the American Big Three, have had their fair share of ups and downs over the years stemming from recessions, mismanagement, and competition from abroad. With new comers like Telsa

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    economic growth. The automotive industry is a highly competitive business that has a wide and growing variety of product offerings from manufacturers. Unit volumes vary with the level of total industry demand and company’s share of that industry demand. Share is influenced by ability of corporation to satisfy changing consumer preferences. Financial crisis in 2007-2008 affected European and Asian automobile manufacturers, but American automobile manufacturing industry suffered most. In 2006, automakers

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    Automobile Industry Essay

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    PART1:Outline what you consider to be the key features of the global automobile industry In this part of my answer I am going to highlight what I feel the key features / characteristics of the global automobile industry are. First of all I feel that it is important to mention that the actual automobile market itself is very cost and labour intensive,ie, it requires a large amount of labour and money to produce it's products, this is why it is an extremely hard market to penetrate. Examples of where

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    The U.S. Automobile Industry

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    The American Automotive Industry, popularly known as the U.S. Automotive Industry is one of the most rapidly evolving industries in North America. It is generally oligopolistic with a few players who in the past have been known to avoid price competition among themselves. The industry consists of industries manufacturing vehicles, car parts, replaceable parts and those engaged in assembling parts into complete models. However, the most dominant players in this industry are the vehicle manufacturers

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    Global Competition in Automobile Market The automotive industry is dominated by a few key players. Kallstrom explains, “The top five players have a significant 49% share of the global automobile market. This share decreased by 5.1% in the 15-year period from 1998 to 2013. Smaller companies slowly took the major automotive companies’ share away. In terms of vehicles produced, General Motors (GM), Ford (F), Volkswagen, and Toyota (TM) are still featured on the top five list.” It is important

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    Global Automobile Industry in 2009

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    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

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    that contributed to his difficulty in the automobile industry. The first was really an intermingling of two threats, the threat of suppliers and rivalry. With the car industry being in the mature stage of the industry life cycle there were three major automobile manufactures and they controlled most of the market share in the industry. With them having such large market shares they also controlled much of the materials that went into manufacturing an automobile this included steel. Tucker faced this

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