Germany has the largest economy in Europe and the fourth largest GDP in the world. It has a GDP of $3.915 trillion and GDP per capita of $48,228. Germany is a major exporter, recording the highest trade surplus at $285 billion and being the third largest exporter globally. The country has a dense transportation network and is an important transportation hub in Europe due to its central location. The automotive industry is a major part of the German economy, accounting for 17% of exports. Germany produces over 29% of all passenger vehicles in Europe and 60 million cars annually, though it faces challenges from increasing competition.
Bayerische Motoren Werke (BMW) Investment PitchHwaiKian Tan
Investment pitch to UCL student-led investment society on 21/02/2017 at €86.53 with 20.6% upside at assumption and projection of 0% revenue growth. Investment horizon is 1 year and exit at €102.70. Feel free to contact anyone of us if you have a feedback:
Associate: Mykyta Shchukin
Analysts: Qu Ming Yuan, Mascha Samkova, HwaiKian Tan
Bayerische Motoren Werke (BMW) Investment PitchHwaiKian Tan
Investment pitch to UCL student-led investment society on 21/02/2017 at €86.53 with 20.6% upside at assumption and projection of 0% revenue growth. Investment horizon is 1 year and exit at €102.70. Feel free to contact anyone of us if you have a feedback:
Associate: Mykyta Shchukin
Analysts: Qu Ming Yuan, Mascha Samkova, HwaiKian Tan
Comparison of Top Car brands like Audi, Mercedes and BMW in the Middle EastUnmetric
In this report we've looked at the social media performance of Middle Eastern car brands like Toyota, Nissan, Volkswagen and others. We used metrics like engagement, share of voice and others to dissect in detail how the brands stacked up in the automotive industry.
Présentation pour les véhicules Volkswagen ainsi que la famille Volkswagen. Vous y trouverez de l'information sur l'entreprise en générale ainsi que les particuliaritées chez les véhicules Volkswagen.
Comparison of Top Car brands like Audi, Mercedes and BMW in the Middle EastUnmetric
In this report we've looked at the social media performance of Middle Eastern car brands like Toyota, Nissan, Volkswagen and others. We used metrics like engagement, share of voice and others to dissect in detail how the brands stacked up in the automotive industry.
Présentation pour les véhicules Volkswagen ainsi que la famille Volkswagen. Vous y trouverez de l'information sur l'entreprise en générale ainsi que les particuliaritées chez les véhicules Volkswagen.
Internal and external analysis of fords motor. to bettter understand the automobile industry.this includes its SWOT, PESTEL, FINANCIAL analysis. plus trends and future.
Ashford 3: - Week 2 - Assignment
Porsche’s Analysis [CLOs: 2,6]
Read the Porsche case provided in the course materials section and describe the company’s history, products, and major competitors in a paragraph or two. Assess the financial performance and condition of the organization. Then, conduct a SWOT analysis detailing the strengths, weaknesses, opportunities, and threats that may affect the organization. Finally, assess the quality of the decisions made by the company and provide recommendations for improvement. (NOTE: This will become part of your final paper).
Your paper must be five to six pages in length (excluding the title and reference pages), incorporate at least two scholarly sources from the Ashford University Library (other than the case and textbook), and be formatted according to APA style guidelines as outlined in the Ashford Writing Center.
Carefully review the
Grading Rubric
for the criteria that will be used to evaluate your assignment.
What’s Driving Porsche?
Rebecca Henderson, Cate Reavis
There are some customers who love the idea that an engineer working on their project in the afternoon was the same guy working on a 911 motor in the morning.
—Managing Director, Porsche Engineering Group
1
We were working with Volkswagen on the next generation of the Cayenne (which shared its structure with the VW Touareg and Audi Q7) and I wanted a clear connection to safeguard Porsche’s interests. We could not do this alone.
—Porsche CEO Wendelin Wiedeking, on decision to acquire VW
2
In early March 2008, Porsche’s supervisory board, which included the chairman of the Volkswagen Group, Ferdinand Piëch, agreed to raise its holding in Volkswagen from 31% to 50% giving it a majority stake.
Porsche’s takeover of VW was seen by many as a wise move for the small, independent car company that, unlike rival brands Jaquar, Ferrari, Lamborghini, and Lotus, had managed to avoid being gobbled up by the auto industry’s behomoths the likes of General Motors, Chrylser and Ford. There was, however, a key strategic question about Porsche’s acquisition of VW that was not receiving a lot of press: Would the long-term stability of Porsche’s engineering and design prowess be at risk by bringing VW "in-house"?
1
Scott Miller, "Road More Traveled,"
The Wall Street Journal
, August 21, 2002.
2
Ray Hutton, "Porsche Set to Take the Wheel at VW,"
The Sunday Times
, October 14, 2007.
WHAT’S DRIVING PORSCHE?
Rebecca Henderson and Cate Reavis
AUGUST 25, 2009 2
3
Bret Orekson, "Engineering Is Porsche’s Secret Weapon,"
Automotive News
, January 15, 2001.
4
Adler, Dennis,
Porsche: The Road from Zuffenhausen
, 2003, p. 76.
5
Jeremy Cato, "Porsche Revs Up for Explosive Growth,"
The Globe and Mail
, February 22, 2007.
6
€1 = US$1.47 (December 31, 2007)
7
Gail Edmondson, "Pedal to the Metal,"
BusinessWeek
, September 3, 2007.
Engineering and design were considered the hallmarks of Porsche’s competitive advantage, and rather t.
This project aimed at building up the business model canvas of Porsche. In particular the focus is about the market introduction of the new Porsche mission e.
What Could Cause The Headlights On Your Porsche 911 To Stop WorkingLancer Service
Discover why your Porsche 911 headlights might flicker out unexpectedly. From aging bulbs to electrical gremlins and moisture mishaps, we're delving into the reasons behind the blackout. Stay tuned to illuminate the road ahead and ensure your lights shine bright for safer journeys.
What Are The Immediate Steps To Take When The VW Temperature Light Starts Fla...Import Motorworks
Learn how to respond when the red temperature light flashes in your VW with this presentation. From checking coolant levels to seeking professional help, follow these steps promptly to prevent engine damage and ensure safety on the road.
Symptoms like intermittent starting and key recognition errors signal potential problems with your Mercedes’ EIS. Use diagnostic steps like error code checks and spare key tests. Professional diagnosis and solutions like EIS replacement ensure safe driving. Consult a qualified technician for accurate diagnosis and repair.
Comprehensive program for Agricultural Finance, the Automotive Sector, and Empowerment . We will define the full scope and provide a detailed two-week plan for identifying strategic partners in each area within Limpopo, including target areas.:
1. Agricultural : Supporting Primary and Secondary Agriculture
• Scope: Provide support solutions to enhance agricultural productivity and sustainability.
• Target Areas: Polokwane, Tzaneen, Thohoyandou, Makhado, and Giyani.
2. Automotive Sector: Partnerships with Mechanics and Panel Beater Shops
• Scope: Develop collaborations with automotive service providers to improve service quality and business operations.
• Target Areas: Polokwane, Lephalale, Mokopane, Phalaborwa, and Bela-Bela.
3. Empowerment : Focusing on Women Empowerment
• Scope: Provide business support support and training to women-owned businesses, promoting economic inclusion.
• Target Areas: Polokwane, Thohoyandou, Musina, Burgersfort, and Louis Trichardt.
We will also prioritize Industrial Economic Zone areas and their priorities.
Sign up on https://profilesmes.online/welcome/
To be eligible:
1. You must have a registered business and operate in Limpopo
2. Generate revenue
3. Sectors : Agriculture ( primary and secondary) and Automative
Women and Youth are encouraged to apply even if you don't fall in those sectors.
What Does the PARKTRONIC Inoperative, See Owner's Manual Message Mean for You...Autohaus Service and Sales
Learn what "PARKTRONIC Inoperative, See Owner's Manual" means for your Mercedes-Benz. This message indicates a malfunction in the parking assistance system, potentially due to sensor issues or electrical faults. Prompt attention is crucial to ensure safety and functionality. Follow steps outlined for diagnosis and repair in the owner's manual.
5 Warning Signs Your BMW's Intelligent Battery Sensor Needs AttentionBertini's German Motors
IBS monitors and manages your BMW’s battery performance. If it malfunctions, you will have to deal with an array of electrical issues in your vehicle. Recognize warning signs like dimming headlights, frequent battery replacements, and electrical malfunctions to address potential IBS issues promptly.
Ever been troubled by the blinking sign and didn’t know what to do?
Here’s a handy guide to dashboard symbols so that you’ll never be confused again!
Save them for later and save the trouble!
Why Is Your BMW X3 Hood Not Responding To Release CommandsDart Auto
Experiencing difficulty opening your BMW X3's hood? This guide explores potential issues like mechanical obstruction, hood release mechanism failure, electrical problems, and emergency release malfunctions. Troubleshooting tips include basic checks, clearing obstructions, applying pressure, and using the emergency release.
The Octavia range embodies the design trend of the Škoda brand: a fusion of
aesthetics, safety and practicality. Whether you see the car as a whole or step
closer and explore its unique features, the Octavia range radiates with the
harmony of functionality and emotion
Things to remember while upgrading the brakes of your carjennifermiller8137
Upgrading the brakes of your car? Keep these things in mind before doing so. Additionally, start using an OBD 2 GPS tracker so that you never miss a vehicle maintenance appointment. On top of this, a car GPS tracker will also let you master good driving habits that will let you increase the operational life of your car’s brakes.
"Trans Failsafe Prog" on your BMW X5 indicates potential transmission issues requiring immediate action. This safety feature activates in response to abnormalities like low fluid levels, leaks, faulty sensors, electrical or mechanical failures, and overheating.
In this presentation, we have discussed a very important feature of BMW X5 cars… the Comfort Access. Things that can significantly limit its functionality. And things that you can try to restore the functionality of such a convenient feature of your vehicle.
2. • Largest national economy in Europe
• It is the fourth-largest by nominal GDP in the world
• Also the fifth-largest by GDP.
• Germany recorded the highest trade surplus in the
world worth $285 billion.
• Germany is the third largest exporter in the world with
$1.511 trillion exported in 2014.
3. • GDP of about $3.915 trillion(2014)
• GDP per capita $48,228
• Service sector- 70%(of GDP)
• Industry- 29.1%
• Agriculture- 0.9%
• Exports account for 41% of national output
4. • With its central position in Europe, Germany is an
important transportation hub. This is reflected in its
dense and modern transportation networks. The
extensive motorway (Autobahn) network that ranks
worldwide third largest in its total length and features a
lack of blanket speed limits on the majority of routes
5. Overview of German Auto Industry
•Germany - one of the top 5 automobile manufacturers
•VW, Audi, BMW, Daimler, Porsche all come from germany
•The largest share of passenger car production in Europe with over
29% market share (France - 18%, Spain - 13%, UK - 9%)
•Car-making accounts for 17% of German exports
•60 million new cars are being produced in Germany every year
6. 6
• Increasing competition from China and India
• EU Emission Regulations
o 130 grams of CO2 per kilometer to be met by 2012
o Only 6 German-made models meet the target
o Hybrid Cars - competitive advantage
• Ernst & Young Study: Germany needs to double its efforts in R&D in order to
keep its leading position
• Shifting Focus (Similar to Computer Technology)
Main challenges of the industry
8. • Founded In Munich,1917
• Acquisition Of Rolls-Royce In
2003
• 2013
• 2 Million Cars Sold
• 1,16,230 Employees
• Revenue €80.4B
• Most Sold Car: 3 Series
1)
INTRODUCTIO
N BMW Group
9. 23 production and assembly plants
in 13 countries
1) INTRODUCTION
Production
10. 12 R&D plants in 5 countries
1) INTRODUCTION
Research & Develpoment
14. Product-oriented:
All Companies That Offer A Combination Of
Luxury And Powerful Cars With A High Level Of
Quality And Service
Customer Oriented:
Car Manufacturers Such As Lexus (Toyota), Audi
(VW), Porsche (VW), Mercedes-Benz (Daimler).
2) MARKET
ANALYSIS Market
definition
15. • The respective market for BMW consists out of the
premium segments of the global passenger car and
motorcycle market.
• BMW is one of the leading luxury car manufacturers in the
world.
2) MARKET
ANALYSIS Market
definition
17. Rivalry among existing competitors:
+ some competitors of the same size
+ Low industry and market growth rates
+ Barriers to exit are high (production facilities)
→ High
2) MARKET ANALYSIS
Porters 5 Forces
18. Threat of New Entrants:
+ high initial investments and fixed costs
+ limited access to specialized suppliers
+ existing players have close customer relations (e.g. long-
term service contracts)
+ customer loyalty
→ Low
2) MARKET ANALYSIS
Porters 5 Forces
19. Bargaining Power of Buyers
+ Buy large volumes (e.g. company car for many
large companies)
+ Switching to an alternative product is relatively simple and
not related to high costs
+ Products are undifferentiated and can be replaced
with subsitutes
− Product itself of strategic importance to customer
− Customer knows about the production
cost of the product
→ Medium
2) MARKET ANALYSIS
Porters 5 Forces
20. Bargaining Power of Suppliers:
+ Supplier’s products are customized and
valuably differentiated
+ high switching costs to alternative suppliers
+ JIT production
− Market is dominated by many
suppliers (sub suppliers)
→ High
2) MARKET ANALYSIS
Porters 5 Forces
21. 2) MARKET ANALYSIS
Porters 5 Forces
Threat of Substitute Products & Services:
+ close customer relationship
+ brand loyalty of customers is high
− No penalties or low switching costs for
customers
− Current trends
→ medium
32. 1)
INTRODUCTIO
N
PORSCHE• Founded In 1931
• Headquartered in Stuttgart
• 70% of Porsche cars ever built are still on the road
• First Porsche office was opened in Stuttgart
• Offered consulting services
• Motor vehicle development work
33. History of Porsche
“I couldn’t find the sports car of
my dreams, so I built it myself”
(Ferdinand Porsche)
• Ferdinand Porsche founded the company in 1931, with
main offices in the centre of Stuttgart, Germany.
2) PORSCHE’s BACKGROUND
35. • The threat of new entrants is very low in the automobile
industry. The industry is very mature and it has successfully
reached economies of scale.
Barriers to Entry (High)
Capital Requirement
Brand equity
Knowledge (Technology)
Product differentiation.
Large economies of scale
3) PORTER’s 5 FORCES MODEL
Threat of new entrants (Low)
36. • Competition between suppliers is high as a contract with
Porsche represents a significant opportunity.
• Porsche make their own engine parts and partnership by large
suppliers (such as VW), which provide core components,
could reduce Porsche potential to exercise bargaining power.
3) PORTER’s 5 FORCES MODEL
Bargaining power of suppliers (Low)
37. • The buyers also are a significant portion of the industries
revenue. If they can not keep their buyers happy then they
risk losing them to their competitors.
• The reasons why the power is not completely high is that the
buyers are not large and few in number. Finally customers
are willing to pay premium for the brand.
3) PORTER’s 5 FORCES MODEL
Bargaining power of buyers (High)
38. • Direct substitute for Porsche in luxury sport car industry
For examples:
1) BMW X6 M is slightly faster than the Cayenne Turbo
2) Mercedes-Benz ML63 is less expensive than the Cayenne but
slower
3) Audi Q7 is the slowest of the Pack but has more interior space and
torque
• However, substitute do not offer the same quality as Porsche.
• Porsche has been able to produce equal performance and prestige
yet at more affordable prices
3) PORTER’s 5 FORCES MODEL
Threat of substitutes (Medium)
39. Porsche is under financial crisis because in 2008 it
failed to secure the capital needed to acquire
Volkswagen, instead in 2010, there was a reverse
takeover and Porsche was acquired by VW.
Porsche will face a problem of moving its executives
and experienced management by VW into key roles
with other automotive brands as part of integration plan
into VW Family.
4) ISSUES WITH PORSCHE
40. Potential Brand dilution will happen since its switching
from focus approach to broader market to extend the
Porsche product line.
How the market would react to multiple sports cars
offerings from Audi, Lamborghini, Porsche…etc.
Porsche’s greatest challenge would be the impeding
CAFÉ regulations (regulations that could spell an end to
Porsche’s sales in its number one market, US).
5) ISSUES HIGHLIGHT
41. 6) PORSCHE’s STRATEGY 2018
We’ve always been ambitious.
And we’ll make sure it stays that way.
42. 7) VW’s STRATEGY 2018
• To become : “The most successful and
fascinating automaker by 2018”
• Porsche will help VW achieve its goals by sharing
its technology with other VW brands, increasing
production and diversifying the Porsche product
line
• VW has seen the success of Porsche’s recent
diversification and is looking for an even broader
offering.