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Automobile industry - Competition and future by chitra bannerjee, Consultant, Shining Consulting

Automobile industry - Competition and future

By : chitra bannerjee, Consultant, Shining Consulting
Industry : Automobile Functional Area : Growth
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automobile industry - competition and future

Activity:  7 comments  208 views  last activity : 03 23 2011 16:44:11 +0000
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Growth in demand for automobile market world over will be driven by technological innovation aimed at making vehicles greener and environmentally friendly. India will emerge not only a major market and hub for global automobile market but also a favored destination for automobile majors to outsource more processes.
Changing consumer needs
2011 will see increasing demand for remodeling accessories from individualistic consumers. Fuel efficiency, advanced fuel technologies and environmental sensitivity will affect the future trends. The development of cleaner, alternative and renewable fuels like CNG, hydrogen and bio-fuels will complement industry spending in greener vehicles.
Sales of hybrid vehicles will increase while the sector will see increasingly more investment in greener technologies. Consumers preferences, driven by chaotic urban development and infrastructural constraints will be increasingly towards smaller and more
fuel efficient vehicles being developed by Asian and European automobile companies. Compact Utility vehicles, Sales of hybrid vehicles will increase while the sector will see increasingly more investment in greener technologies. Consumers preferences, driven by chaotic urban development and infrastructural constraints will be increasingly towards smaller and more fuel efficient vehicles being developed by Asian and European automobile companies. Compact Utility vehicles;
Industry Outlook in 2011
2011 will be a year marked by players coming out with high priced two and four wheelers targeted at luxury driving.
The industry will shed unprofitable assets intended towards rebalancing of portfolios while investing in newer technologies.

Year 2011 will see concentrated visible industry efforts in promoting cleaner, renewable alternative fuels like CNG, hydrogen and bio-fuels to steer the focus towards technologies which are greener and environmentally friendly.

To read about Industry growth drivers, Competitive scenario, Industry complexity and Pain areas you can go to ShiningConsulting.com

 Give your views.

Regards,

Chitra
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7 comments on "Automobile industry - Competition and future"
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  Commented by  NATTERAJA R. ARIKRISHNAN, AREA SALES MANGER, UNIFLEX CABLES LTD    | 03 23 2011 16:44:11 +0000 
It is true Ms.Chitra Bannerjee. India is an automobile hub with varied customer base for different automobile segments.
  Commented by  SHRIKANT MANOHAR DANKE, Consultant, Project Management Consultancy Firm    | 03 23 2011 07:25:06 +0000 
Indian automobile industry have a bright future & no doubt in it.
Thanks Chitra for posting it on TOOSTEP. & thanks Muhammed for referral.
 
Than you Chitra, for the interesting referral. But automobile industry may face many new regulations if it not started to become GREEN
  Commented by  Jasmin Pawar, job seeker    | 03 22 2011 12:45:05 +0000 
nice one.
thankyou maam for sharing this article...
concept of greener vehicles should be adopted at larger scale.
  Commented by  Jasmin Pawar, job seeker    | 03 22 2011 12:41:50 +0000 
nice one.
thankyou maam for sharing this article...
concept of greener vehicles should be adopted at larger scale.
  Commented by  manish kumar, freelancer    | 03 22 2011 10:13:11 +0000 
thank you chitra ma'am for 'Industry Outlook in 2011' information.
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