State of Luxury Car Sales and Distribution to Generation Y

perceived quality and image. With some cars at the highest end of the luxury market retailing for

The industry for superior luxury cars is a highly exclusive one with a few automotive makers making their presence felt. The major market share is held by Porsche which is known to have formidable rivals like Benz and BMW. The SUV supercar segment is a highly evolving one where manufacturing style localities and units are the decisive forces that ultimately culminate towards the cost of the car.

The automotive industry designs, develops, manufactures, markets and sells motor vehicles, and is one of the world’s most important economic divisions by profits. This analysis focuses on the industry, specifically, manufacturers of automobiles. There are five competitors in the StratSim environment: Firm A, B, C, D, and E. Industry sales in the most recent year were 4.3 million units, with expected growth in the next year. Within this industry, there are seven-vehicle classes: Economy, Family, Luxury, Sports, Minivan, Truck, and Utility. There are two new classes with potential – if properly marketed.

In recent decades, Aston Martin has developed to be an iconic marque symbolized with luxury and elegance since 1913 (Aston Martin, 2015). However, Aston Martin has slowed down the market demand in Europe and North America (KPMG, 2013: 12). Nevertheless, Aston Martin plans to do an investment to expand the global market (Tift, 2015), Meanwhile, because Turkey is the fastest rising country for luxury cars, it seems advisable to target Turkey as a potential developing market (Porturkey, 2013). This report will attempt to evaluate the expansion of Aston Martin in Turkey with macro PESTLE analysis, followed by SWOT analysis, a market entry strategy and concluding recommendation for future marketing strategies based on the

Americans have always been interested in automobiles. One piece of evidence to prove this would be how children cannot wait to turn 16 and get their driver's license and their first car. This is always an exciting time because most teenagers are in the market to buy a new vehicle. If they aren’t, their parents are in the market to purchase a new or used vehicle for their newly licensed drivers. Teenagers seem competitive in who has the best vehicle in some way; whether is comes to have the best car out of all their friends and others may just want good gas mileage to get to school, home, and work. Whatever the case is, we always think our vehicles are better in some ways than other vehicles on the road. Whether

This report will look at the feasibility, the riskiness and the profitability of an expansion into the German car market. First, we will analyze the host country, Germany, with respect to its economics, political, legal and cultural aspect. Second, a SWOT analyses will be conducted to determine if Great Motor Wall is in a good

The luxury cars industry is one of the most prestigious mass-production industries in Germany. The country is recognised by many as the native land of the automobile; in fact in 1901 900 vehicles a year were already produced.

The Chinese already buy more cars than people in other countries: 13.5 million last year, compared to 11.6 million of Americans. China is on track to become the largest market for luxury goods.

BMW is one the largest automobile industries in the word, when you think of BMW you can surely say it's a high quality luxury car. The focus is to re-position itself in a new market. Which is the Chinese luxury market. How does a powerful company like BMW get ahead start in this un-tapped market with so much potential for growth? Leading to more global exposure and also more revenues.

Luxury is the main focus in Volvo Cars US’ commercial for their new Volvo XC90; but what does luxury mean? According to Merriam Webster Online, the definition of luxury is something that is expensive and not necessary (“Luxury”). But according to the All-New Volvo XC90 commercial, luxury signifies simplicity, a sanctuary, confidence, and safety. First of all this commercial is showing that all of those things are expensive and they are not a necessity to live. Anyone can gain a sanctuary and confidence for free. Those things do not come from buying something expensive, they come from how an individual feels about oneself. In the commercial it shows a white man driving and navigating the touch screen GPS system while a white woman sits in the passenger seat and smiles at the man. The video goes on to show the interior and exterior of the car itself. Towards the end, the car is shown driving through a fancy,

As a result of the increased demand of cars, the competition among car companies is becoming intense. Although the market of car is the biggest growing market in the world, there are still some companies who make cars failing year after year. However, there are some outstanding car companies such as The BMW Group performing distinctly.

In terms of its operational performance Saab has managed to improve since the Spyker take-over (in early 2010). The number of cars sold increased by 15% from 2009 to 2010 while the number of cars produced improved by 53% in the same time. Therefore Saab was able to re-stock the inventories of dealers that were running low, especially in the US (Saab, Saab Automobile sees, 2011). This shows that the company is on the way to a viable company and has the potential to expand further in the upcoming years. However, an issue of up-most importance is the dealing with the large debt obligations that Saab has accumulated. The figure of net working capital of € -220 million illustrates the severity of the financial situation and the cost of new capital, meaning it will be very difficult and costly for Saab to obtain further funds which are needed to implement their strategic decisions (Spyker cars N.V., 2011) .

Tesla’s competing in the entire automotive industry. The automotive industry is comprised of General Motors, Toyota, Ford, Fiat Chrysler, Hyundai-Kia, Honda, and several others in the industry. Tesla has carved out a unique niche in the electric vehicle segment of the industry achieving 4.5% of the automotive market.

The purpose of this essay is to provide a complete analysis of BMW Group. First, some background information about the company will be provided for a better comprehension of this study. Next, BMW will be assessed from a microeconomic point of view: its demand curve, organisational structure, customers, suppliers, strengths, weaknesses and its operating environment. Then, this firm will be reviewed in context of its sector from a macroeconomic perspective and more specifically its market environment, followed by a PEST analysis of other external factors such as GDP, interest rate, cost of raw materials. This study will be further quantified by a ratio analysis in order to evaluate BMW’s financial health. In the end you

Their economics recently is growing faster because they had opened their market to foreign company, so China is now a big market for Proton especially Proton Iriz. It is because Proton Iriz is affordable to all the people in China although Proton is counted as an imported car in China. Besides that, demand for car is recently increasing in developing countries especially those Asia countries. It is because owning a car has become a necessity and it is also represented the modern lifestyle. High marriage rate in ASEAN region has caused many new families are seeking for cars for their daily use, and this situation has caused the increase demands of car. More and more efficient car buy using new technology such as hybrid car, biodiesel and using hydrogen as alternative fuels has successfully created a new demand in automobile industries. Liberalisation with Europa and United State and the implementation of AFTA had created a new market segment internationally to be