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How to Beat Recession in Automobile Sector?
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recession, recession in automobile sector, automobiles, automobile, automobile industry, automobile parts, automobile sales, car, cars, auto, automotive, ford, toyota, maruti, honda, tata, bmw, chervolet, nissan, car price, car sales, automobile india
Industry :
Automobile, Auto Ancillary, Auto Ancillary, Automobile
Functional Area : India, India |
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About "How to Beat Recession in Automobile Sector?" topic:
The global recession has disturbed the domestic car sales in the recent months. In this time of credit crisis, falling car sales, and slow economy discuss on what measures Auto industry must take to beat this downturn. Share insights &
strategies that can help to revive the Auto sector...
strategies that can help to revive the Auto sector...
3 trends
, 4 insight
, 5 debates
, 4 idea contests
, 3 question
on topic: "How to Beat Recession in Automobile Sector?"
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Five C's for your Success in Recession...
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Exploring new markets !!!
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andyappan
| Supported idea
"Agressive Campaign"
| 2 years ago
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PLEASE MAKE STATEMENT BY TON-KMPL FOR AUTOMOTIVE APPAN
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andyappan
| Supported idea
"Efficiency!!"
| 2 years ago
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PLEASE MAKE NUMERICAL STATEMENT
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Neelanjan Sarkar
| Supported idea
"Five C's for your Success in Recession..."
| 2 years ago
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Yes, I very much support ideas of 5 Cs of Mahesh Chandra as well as the view that every one of us as well company should stand side by side during this hard time if we want to remain stable find the 1st step towards growth.As the human resource...
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Ideate: "How Automotive Industry can beat recession? " deleted from your view.
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Hi friends, I feel the government should offer more incentives to the domestic auto industry and encourage foreign investment in the sector. The automotive industry in several developing countries were growing fast with the assistance of their respective governments. Even we should get such benefits from our government. There has to be an appropriate tariff policy in the country to safeguard the domestic auto industry from surge in imports and to develop adequate indigenous manufacturing base. Still India remain a small player in the world automotive market with a share of around 3 percent in the production of passenger cars and commercial vehicles (compared to China's 12 percent) and a sha...
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shankar
| Commented
| 2 years ago
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well, in my way we should also hone our engineerin and technial kills, LOCALISATION OF IMPORTED parts should be done at war pace, then only true cost cutting be achieved
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Vinod Kumar Khanna
| Commented
| 2 years ago
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Ya government has to do much because right now India is a small player in a big automotive market with just 3% share in global production.
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Insight: "Required Boost for Our Auto Industry" deleted from your view.
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Dear All, I am working in Automotive Industry so wants input from you all who belong to same industry that in this tough time. Are your cos. are also planning for downsizing?? If yes, what are the st...
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Ramakrishna Ganji
| Answered
| 2 years ago
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As per Industrial Disputes Act,1947Section 25-C says that a workmen shall be paid by the employer for all days during which he is so laid off, except for such weekly holidays as may intervene, compensation which shall be equal to 50% of the total...
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Answer: "How to compensate laid off employees ???" deleted from your view.
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Being competitive
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Cut your cost
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B.Mehernath
| Added idea
"MARUTI... No Worry For You"
| 2 years ago
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Well Ms. Deepti, you don't have to do any thing just release attractive ads, and the cars are sold automatically. There is a huge market and just see the sales figure in each and every segment. Try and push cars in commercial segment, getting me?...
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Aniruddha Mysore Srinath
| Added idea
"Cut your cost"
| 3 years ago
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Good Evening. I believe in the sayiing of a top Toyota executive..Defend Your Own Castle. During tough times, there are some things you can control and some things you cannot. I believe the way ahead is to have a relook on our own costs and see...
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P.Aftab Ahamed
| Supported idea
"Being competitive"
| 2 years ago
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I do understand that there is cut throat competition of salespersons within a area or city.But reaching the customer rather than waiting for him would be more beneficiary.If recession is a tough situation,then there is also a price fall in fuel...
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Ideate: "How to sell cars in tougher economic conditions?" deleted from your view.
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Impact of Global Recession on Indian Car Industry Indian car industry is one of the most promising car industries across the globe. It has gradually strengthened its foothold in the international arena as well. The country is dealing with many car manufacturers, dealers, and associations in various different countries including U.S. From some countries, India imports cars and car components and to some India exports. With this, the global recession is obvious to have its impact on the Indian car industry. Though India has witnessed a growing customer base, it has not inoculated them from the global crisis. The crippling liquidity and high interest rates have slowed down the vehicle demand. ...
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Nand Jha
| Commented
| 2 years ago
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I have heard that few car manufactures are planning to increase the price and some have already increased the price by 2% or so. Do you think it was a right decision to increase the price of the car during the slowdown (recession) ??
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Insight: "Impact of Global Recession on Indian Car Industry" deleted from your view.
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Antony
| Answered
| 2 years ago
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Indulge in cars a bit more.Learn about the different brands the history and what made them famous. All cars have something to it that has made it popular.Auto Journals, internet are all ways to find more information on cars.
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ramesh vadapalli
| Answered
| 2 years ago
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Follow up manufacturers rules regulations, and take little care on your vehicle personelly. Read Automobile Magzines regularly.
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Answer: "How to improve my skil in automobe sector" deleted from your view.
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HMIL posts 12,9 % growth in August 2009 Hyundai Motor India Ltd. (HMIL) has reported a 12.9% increase in sales in the domestic market during August this year, at 24,401 units, as against 21,610 units in August 2008. Exports went up from 23,100 units in August 2008, to 25,120 units during August this year. During August 2009, HMIL sold 45,495 units in the A2 segment (Santro, i10, Getz, i20), 3,979 units in the A3 segment (Accent, Verna) and 47 units in the A5 segment (Sonata). The company did not sell any units of its SUV, Tucson, during August this year. The 2010-spec Audi Q7 is expected to be launched in India very soon Audi has reported a 69.31% hike in its sales in India during Augus...
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Tata V.S. Kameswara Rao
| Commented
| 2 years ago
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If any company in India names recession to cut pay-packs, I don't think you have to accept, show this article. This growth is pertaining to only August'09. I have been updated about the growth for last 6 months, no downfall, only growth. Ask me...
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Trends: "Recession, where ? Never in INDIA" deleted from your view.
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THe govt has launched JNNURM scheme wherin the old city transport buses will be replaced with new ones. It plans to purchase 18000 buses in 81 cities across the country. THese will be low floor wide body buses.
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Prasad Rajadhyaksha
| Commented
| 2 years ago
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Thank god....at least now our city roads will look better...:) Good news Santosh, thanks for sharing
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Insight: "JNNURM Scheme" deleted from your view.
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General Motors Corp Chief Executive Rick Wagoner said on Thursday the No. 1 U.S. automaker expects overall 2008 U.S. auto sales to be about the same as the depressed levels of 2007, even as global sales hit a new high. Wagoner's outlook for U.S. auto sales was slightly more optimistic than many analyst views and corresponded with a drop in GM's share price to a 19-month low. Wagoner said GM projected that about 80 percent of the industry's sales growth over the next five years would come from emerging markets. Global sales in 2008 were on track to hit a record of between 74 million and 75 million vehicles in 2008. Wagoner said it was possible that tougher U.S. fuel economy standards could f...
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andyappan
| Commented
| 3 years ago
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FORD IS A SINKING, GM WILL FOLLOW!
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Trends: "GM sees flat U.S. auto market in 2008" deleted from your view.
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Government's support
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0
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Other reason
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Mani Kant Mishra
| Argues in support of
"Government's support"
| 2 years ago
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Tax related benefits norms to obsolete 15 years older vehicle by different state govt. are the main reason behind this growth. Growth of other sectors like power manufacturing sector is also helping auto sector to grow.
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Kailash Sharma
| Argues in support of
"Government's support"
| 2 years ago
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I agree with Mr.Mani. Benefits given by the government is the main reason for the growth in sectors like power manufacturing sector.
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Debate: "What are the groath factor of Automobile sector in last 2 quarter." deleted from your view.
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