Essays on Dealerships

Business Model Generation

Toyota seeks to reduce its cost of production by outsourcing most of the parts that are used in the assembling of its vehicles. For this purpose, Toyota has various key partners from who it outsources its various parts. Simchi-Levi, Kaminsky & Simchi-Levi (2008) argues that Toyota produces 30% of the automotive parts in-house while the remaining 70% of the parts are outsourced. All the engines of the company are produced in-house because the company possesses the capacity and knowledge, and would also want to exercise all the control with regards to the quality of its engines (Simchi-Levi, Kaminsky & Simchi-Levi, 2008). ...

mmmmm dd, yyyy

Efficiency Improvements and Trade-off’s

Ghosn’s first act of efficiency was to minimize the time uncovering the problems hounding Nissan. He did this by creating 9 functional teams who would be looking for all possible faults. The Japanese avoid public finger-pointing and value face saving. This approach could have offended and demoralized many managers. Production capacity was reduced to match current demand levels. Factories were closed (Belson, 2002) causing a 14% reduction of the workforce. This was highly effective but it was more painful for the Japanese who trusted in life-time employment. That bond of trust was surely damaged. Sales ...

Executive Summary

Doing business in today’s business market is challenging requiring an organization to have an understanding of customer need as well as how to adjust to the changing business market. It is the responsibility of the management team to gain insight on how to please the customer while also increasing revenue. No matter the business this process must be accomplished in excellence for the sustainability of the business. This process is even more important relative to the automotive industry. Turbulent changes in the economy to include people losing jobs thereby not having the income to buy new cars as ...

General Motors, also called “GM” in this piece, is an American corporation that is responsible for overseeing a number of automotive and vehicle brands. In total, GM is responsible for thirteen different brands: these brands are Alpheon, Cadillac, Vauxhall, Chevrolet, Buick, GMC, HSV, Wuling, Baojun, Jie Fang and Ravon (General Motors, 2016). Not all of these brands are available in every country served by General Motors; many of these subsidiaries are available only in particular regions or regional locales. As is traditional in the modern multinational corporation or conglomeration, the company has headquarters in one location, and each of ...

Introduction

A.P Eagers ltd is a retail group trading in automotives and her main operations are based in South- East Queensland, Adelaide, Darwin, Melbourne, Sydney and the Hunter Valley in Newcastle. The business operations are centered on the ownership and operation of motor vehicle dealerships. These dealerships are concerned with a range of services that include sale of new and pre owned vehicles, service, spare parts, and customer financing facilitation. This paper seeks to conduct an objective financial analysis (trend and ratio analyses) based on the audited financial reports of the entity for the four year period between 2011 and ...

Introduction

Chrysler Group LLC is one of the largest automobile manufacturing companies in the world. Along with General Motors and Ford Motor Company, these three companies are known as the “big three” in the US market. Chrysler is headquartered in Auburn Hills, Michigan. Currently, Chrysler is a wholly owned subsidiary of the Italian Automaker, Fiat S.P.A. The flagship brands of Chrysler are Chrysler 200 and 300, Dodge, Ram and Jeep. The journey of Chrysler was not always smooth. Upon its establishment in 1925, it soon became one of the most popular car brands in USA. From 1930s till late 1950s, it ...

Introduction

Japan has stood significantly as one of the most powerful nations in contemporary times, particularly due to its strong political and economic foundations and technological advancements that have since led it to become a strong innovator. Although Japan took only less than three decades to rebuild itself following the devastation brought by its defeat in the Second World War, one could not simply ignore the fact that it has also went through a vast series of historical maladies and errors (Mason & Caiger 361-374). The intriguing circumstances behind the formation of Japan as one of the most politically and economically powerful nations in ...

A company’s international marketing management strategies evolve over time as it increases its involvement in international markets. Changes or transitions in international marketing management occur in three different stages – foreign entry, local marketing, and global management. The following report focuses on the evolution in six different companies – United Cereal, Samsung, Kikkoman, Natura, BMW, and MontGras – after their increased involvement in the international market.

Foreign Entry

Kikkoman’s strategy to penetrate the foreign market is through branding. The company sought to transform Kikkoman as an American brand. To do so, the Kikkoman introduced its product as an “all-purpose seasoning” to appeal ...

(Student’s Full Name)

Applying Analytical Concepts and Tools to the Complex Business Problems of Tesla Motors I. Current Strategic Profile According to the case study presented the mission of Tesla Motors, as articulated by the founder and CEO Elon Musk, is to “[b]uild [a] sports car, [u]se that money to build an affordable car, [u]se that money to build an even more affordable car”. One of the objectives of the company is to build an electric car that compete with or even out compete a gasoline car. Tesla Motors has done this by ensuring that these ...

Auto Repair Technology

Some newer cars have technologically advanced computing systems that enhance the cars in various ways. These automated systems generate electronic error codes when there’s something wrong with the vehicle. The automobile companies give car dealers access to the machines that read these error codes. Independent auto mechanics may not have access to these machines, and therefore, cannot fix these new cars. Some people, especially the independent mechanics, feel that this system is not fair because it prevents some people from being able to repair the car. Customers might argue that limiting the number of repair shops keeps ...

Introduction:

The purpose of this report is to define a lean assessment technique referred to as rapid plant assessment (RPA). The RPA process describes the operations of Toyota Motor Company and indicates if the company adheres to the principles of lean production; that is operating from the client perspective who ultimately utilizes the product. The process entails filling the RPA rating sheet and the RPA questionnaire. The report utilizes the data acquired to highlight the competitive edge resulting from an elaborate customer relationship that translates to optimized automobile sales.

Poor 1; Below average 3; Average 5; Above Average 7; Excellent 9; ...

Introduction

The Ford Motors Company is a global company having 100 plants located in 38 countries with 15,800 dealer network in 200 markets. The company’s net income is US $ 20.21 billion and total assets are valued at US $ 178.35 billion both as of 2011. This paper is a business case study of Ford Motor Company (Ford). Ford’s Model A car was the first to be produced on mass scale and sold in the U.S. in 1903. The other two to follow suit were General Motors and Chrysler Motor Company in the early 1900s. Ford was founded by Hendry Ford ...

IT Strategic Solutions

Show & More Bicycles: Overview Shore & More Bicycles is an American import/export company that has been growing with great success. Further, over the next four years the company is expected to double in size. Shore & More’s existing products includes 20 bicycle models for adults and children, bicycle parts, accessories and cyclist clothing apparel. The suppliers for many of the products are located in Asia although the main offices of the business are located in the United States. Not only are the suppliers half way across the world, Shore & More also sells to companies all over the world. The ...

America’s Car-Mart Inc is a public company that deals with used cars; the firm targets customers who have limited or poor credit situation. It offers financing to its customers, a factor that has made it successful over time. The company has over seventy used-car dealerships. The company allows a potential client to pay about 17% of the automobile’s cost as a down payment. The payment schedule is flexible as the customer can make several payments in a month’s time; the average cost of the firm’s automobiles is $6200. Customer satisfaction is the priority of Car-Mart Inc; the employees are fast ...

Analysis of the value chain management of Toyota

Introduction: In this era of globalization and cut throat business environment the organizations need to develop themselves consistently in order to not only sustain their business but also grow in view of the competition and the choice of next best alternatives available to the consumer all over the world. Toyota as an organization is a prime example of constantly innovating and changing to maintain its position as a market leader by having a sustained production stream of quality automobiles and thus the success is well documented and the reputation that Toyota has earned in quality, reduction in costs and quality ...

- Identification of topic; Car theft is a huge problem in Dallas County, Texas State and across all other states in the US. Statistics indicate that for every 40 seconds, one car is stolen (Ernst, 2011). - Contextualization of information about the topic; the background of car theft in the US and specifically Dallas is given (Roberts & Block, 2012; Walsh & Taylor, 2007; Crawford, 2011). - Thesis statement: “There are effective strategies which can be adopted to prevent car theft in Dallas”. - Preventing car theft in Dallas - Hot spot policing (Jang, Lee & Hoover, 2011). ...

MKT/421

Perceptual Maps in Marketing Simulation Situation Thorr Motorcycles, Inc. is a $5 billion company, which manufactures a wide range of motorcycles from 651cc to heavyweight range. Nevertheless, it produces more than 200,000 units per year (University of Phoenix, 2012). Thorr is a market leader in the industry controlling about 40% of the total market share. Its current success is subject to the its quality training and technical support provided to dealership. In addition, the Company provides customers with bike rentals and rider safety training as a focus to strengthen its customer service. Cruiser Thorr, heavily dominated by the later age freedom riders, ...

Introduction

The world economy has been witnessing a slowdown in automobile sales over last 4-5 years. Most of automobile giants in many countries are experiencing a decline or stagnant sales numbers. India is no exception to that. Indian auto market was growing almost at the rate of 20% annually before the recession, but the project growth rate for the current year is only 3% (Sugato Sen, 2013). Tata Motors is one of the most reputed car manufacturers in India and Fiat is one of the best automobile groups in Europe. Established way back at the end of the 19th century, Fiat has ...

According to media reports the 1971 Ford Pinto was a subcompact automobile which was poorly designed. Not only was it poorly designed, it was dangerously designed according to the reports. Rear end collisions caused the car to burst into flame. The way Ford Company handled the matter became infamous when an in-house memo became public. The memo seemed to note that the cost of fixing the rear end of all the Ford Pintos so the car would be safe cost too much. The estimated cost would be $121 million. On the other hand the estimated the cost of making payments ...

Introduction

After many years of operational activity in the US and world markets, General Motors Company (GMC) faced the problem of insolvency. It was on the point of bankruptcy after the world recession of 2008. Currently, the Company faced the issue whether it should merge with another company to return lost positions in the world markets. The aim of the current paper is to develop recommendations regarding possible mergers with other companies. The discussion is devoted to the opportunity of mergers and its influence on the solvency of the Company. The report addresses the issues of operational management of ...

Introduction

The automobile industry is still majorly depending on the traditional procurement behavior which includes distribution franchisees that help the customers to choose a vehicle of their choice and buy them. This industry is one of the most competitive areas and has a large number of companies that compete with each other on various important issues related to the consumers like the design, speed, safety, brand value and pricing. A dealership was not only deal with sales however there are various other functions that it handled which may include warranty service, servicing, part sale and sales of branded accessories. With the ...