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Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 1
Index page
Chapter
no.
TOPIC Page
no.
College certificate
Declaration
Acknowledgement
1. Industry profile 1.1 HISTORY OF THE AUTOMOBILE
1.2 AUTOMOTIVE INDUSTRY IN INDIA
1.3 HISTORY
1.4 INDUSTRY DEFINITION
1.5 SUPPLY CHAIN OF AUTOMOBILE INDUSTRY
1.6 EXPORT
2
3
16
18
19
19
20
2. Company profile 2.1 PROFILE
2.2 INDUSTRIAL RELATIONS
2.3 SERVICES OFFERED
2.4 ANNOUNCEMANT FOR MARUTI SUZUKI
2.5 LATEST KEY DEVELOPMENT
23
25
29
30
37
38
3. Theoretical framework 3.1.CONSUMER BUYING BEHAVIOR
3.2 THE IMPORTANCE OF CONSUMER BEHAVIOR
3.3 FACTORS AFFECTINF CONSUMER BUYING
BEHAVIOR
I. CULTURAL FACTOR
II. SOCIAL FACTORS
III. PERSONAL FACTORS
IV. PSYCHOLOGICAL FACTORS
3.4 BUYING BEHAVIOUR PROCESS
I. 1.STEP:NEED RECOGNITION
II. 2.STEP INFORMATION SEARCH
III. 3.STEP EVALUATION OF ALTERNATIVES
IV. 4PURCHASE BEHAVIOR
39
40
41
42
42
43
44
45
46
46
46
47
47
4. Research methodology 4.1 RESEARCH DEFINITION
4.2 OBJECTVE OF STUDY
I. PRIMARY OBJECTIVE
II. SECONDARY OBJECTIVE
4.3 IMPORTANCE OF STUDY
4.4 RESEARCH DESIGN
52
53
53
53
53
54
54
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 2
4.5 TYPES OF RESEARCH DESIGN
I. EXPLORATORY RESEARCH
II. DESCRIPTIVE RESEARCH
III. CAUSAL RESEARCH
4.6 COLLECTION OF DATA
I. PRIMARY DATE
II. SECONDARY DATA
4.7 DATE COLLECTION TECHNIQUES
I. SAMPLE SIZE
II. SAMPLE METHOD
III. SAMPLE FRAME
IV. SURVEY TOOL
4.8 ANALYSIS OF THE DATA
4.9 LIMITATION OF STUDY
4.10 SCOPE OF STUDY
55
55
55
56
56
57
57
57
57
57
57
57
57
58
58
5. Analysis & Finding
5.1 ANALAYSIS
5.2 FINDINGS
59
73
6. Conclusion & recommendation. I. CONCLUSION
II. RECOMMENDATION
75
75
76
7. Bibliography
Annexure
77
78
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 3
CHAPTER-1 INDUSTRY
PROFILE
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 4
Automobile Industry
1 . 1 H i s t o r y o f t h e a u t o m o b i l e
The design of the Cugnot Steam Trolley (Jonathan Holgunisburg) (1769)
The history of the automobile begins as early as 1769, with the creation
of steam engine automobiles capable of human transport. In 1806, the first
cars powered by an internal combustion engine running on fuel
gas appeared, which led to the introduction in 1885 of the ubiquitous
modern gasoline- or petrol-fueled internal combustion engine. Cars
powered by power briefly appeared at the turn of the 20th century, but
largely disappeared from use until the turn of the 21st century. The early
history of the automobile can be divided into a number of eras, based on the
prevalent means of propulsion during that time. Later periods were defined
by trends in exterior styling, and size and utility preferences.
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 5
17th century:
Ferdinand Verbiest, a member of a Jesuit mission in China, built the
first steam-powered vehicle around 1672, designed as a toy for the Chinese
Emperor, it being of small scale and unable to carry a driver or passenger but,
quite possibly, the first working steam-powered vehicle ('auto-mobile').
18th century:
Steam-powered self-propelled vehicles large enough to transport people and
cargo were first devised in the late 18th century. Nicolas-Joseph
Cugnotdemonstrated his fardier à vapeur ("steam dray"), an experimental
steam-driven artillery tractor, in 1770 and 1771. As Cugnot's design proved to
be impractical, his invention was not developed in his native France. The
centre of innovation shifted to Great Britain. By 1784, William Murdoch had
built a working model of a steam carriage in Redruth, and in 1801 Richard
Trevithick was running a full-sized vehicle on the road in Camborne.[4]
Such
vehicles were in vogue for a time, and over the next decades such innovations
as hand brakes, multi-speed transmissions, and better steering developed.
Some were commercially successful in providing mass transit, until a backlash
against these large speedy vehicles resulted in the passage of the Locomotive
Act(1865), which required self-propelled vehicles on public roads in the
United Kingdom to be preceded by a man on foot waving a red flag and
blowing a horn. This effectively killed road auto development in the UK for
most of the rest of the 19th century; inventors and engineers shifted their
efforts to improvements in railway locomotives. (The law was not repealed
until 1896, although the need for the red flag was removed in 1878.)
The first automobile patent in the United States was granted to Oliver Evans in
1789.
19th century:
Among other efforts, in 1815, a professor at Prague Polytechnic, Josef Bozek,
built an oil-fired steam car. Walter Hancock, builder and operator of
London steam buses, in 1838 built a four-seat steam phaeton.
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 6
What some people define as the first "real" automobile was produced
by Amédée Bollée in 1873, who built self-propelled steam road vehicles to
transport groups of passengers.
The American George B. Selden filed for a patent on May 8, 1879. His
application included not only the engine but its use in a 4-wheeled car. Selden
filed a series of amendments to his application which stretched out the legal
process, resulting in a delay of 16 years before the US 549160was granted on
November 5, 1895.
Karl Benz, the inventor of numerous car-related technologies, received a
German patent in 1886.
The four-stroke petrol (gasoline) internal combustion engine that constitutes
the most prevalent form of modern automotive propulsion is a creation of
Nikolaus Otto. The similar four-stroke diesel engine was invented by Rudolf
Diesel. The hydrogen fuel cell, one of the technologies hailed as a replacement
for gasoline as an energy source for cars, was discovered in principle
by Christian Friedrich Schonbein in 1838. The battery electric car owes its
beginnings to Ányos Jedlik, one of the inventors of the electric motor,
and Gaston Plant, who invented the lead-acid battery in 1859.
The first carriage sized automobile suitable for use on existing wagon roads in
the United States was a steam powered vehicle invented in 1871, by Dr. J.W.
Car hart, a minister of the Methodist Episcopal Church, in Racine, Wisconsin.
It induced the State of Wisconsin in 1875, to offer a $10,000 award to the first
to produce a practical substitute for the use of horses and other animals. They
stipulated that the vehicle would have to maintain an average speed of more
than five miles per hour over a 200 mile course. The offer led to the first city
to city automobile race in the United States, starting on July 16, 1878, in
Green Bay, Wisconsin, and ending in Madison, via Appleton, Oshkosh,
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 7
Waupun, Watertown, Fort Atkinson, and Janesville. While seven vehicles
were registered, only two started to compete: the entries from Green Bay and
Oshkosh. The vehicle from Green Bay was faster, but broke down before
completing the race. The Oshkosh finished the 201 mile course in 33 hours
and 27 minutes, and posted an average speed of six miles per hour. In 1879,
the legislature awarded half the prize.
Steam-powered automobiles continued development all the way into the early
20th century, but the dissemination of petrol engines as the motive power of
choice in the late 19th century marked the end of steam automobiles except as
curiosities. Whether they will ever be reborn in later technological eras
remains to be seen. The 1950s saw interest in steam-turbine cars powered by
small nuclear reactors (this was also true of aircraft), but the dangers inherent
in nuclear fission technology soon killed these ideas. The need for global
changes in energy sources and consumption to bring about sustainability
and energy independence has led 21st century engineers to think once more
about possibilities for steam use, if powered by modern energy sources
controlled with computerized controls, such as advanced electric batteries, fuel
cells, photovoltaic, biofuels, or others.
Electric automobiles:
IN 1828, Ányos Jedlik, a Hungarian who invented an early type of electric
motor, created a tiny model car powered by his new motor.[] In 1834,
Vermont blacksmith Thomas Davenport, the inventor of the first American
DC electrical motor, installed his motor in a small model car, which he
operated on a short circular electrified track. In 1835, Professor Sibrandus
Starting of Groningen, the Netherlands and his assistant Christopher Becker
created a small-scale electrical car, powered by non-rechargeable primary
cells.[11]
In 1838, Scotsman Robert Davidson built an electric locomotive that
attained a speed of 4 miles per hour (6 km/h). In England, a patent was granted
in 1840 for the use of rail tracks as conductors of electric current, and similar
American patents were issued to Lilley and Colton in 1847. Between 1832 and
1839 (the exact year is uncertain), Robert Anderson of Scotland invented the
first crude electric carriage, powered by non-rechargeable primary cells.
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 8
Internal combustion engines
1885-built Benz Patent Motorwagen, the first car to go into production with an
internal combustion engine
Early attempts at making and using internal combustion engines were
hampered by the lack of suitable fuels, particularly liquids, and the earliest
engines used gas mixtures.
Early experimenters using gases. In 1806, Swiss engineer François Isaac de
Rivaz who built an engine powered by internal combustion of a hydrogen
and oxygen mixture. In 1826, Englishman Samuel Brown who tested his
hydrogen-fuelled internal combustion engine by using it to propel a vehicle
up Shooter's Hill in south-east London. Belgian-born Etienne Lenoir's Hippo
mobile with a hydrogen-gas-fuelled one-cylinder internal combustion engine
made a test drive from Paris to Joinville-le-Pont in 1860, covering some nine
kilometers in about three hours A later version was propelled by coal gas.
A Delamare-Deboutteville vehicle was patented and trialed in 1884.
About 1870, in Vienna, Austria (then the Austro-Hungarian Empire),
inventor Siegfried Marcus put a liquid-fuelled internal combustion engine on a
simple handcart which made him the first man to propel a vehicle by means of
gasoline. Today, this car is known as "the first Marcus car". In 1883, Marcus
secured a German patent for a low-voltage ignition system of the magneto
type; this was his only automotive patent. This design was used for all further
engines, and the four-seat "second Marcus car" of 1888/89. This ignition, in
conjunction with the "rotating-brush carburetor", made the second car's design
very innovative.
It is generally acknowledged that the first really practical automobiles
with petrol/gasoline-powered internal combustion engines were completed
almost simultaneously by several German inventors working independently:
Karl Benz built his first automobile in 1885 in Mannheim. Benz was granted a
patent for his automobile on 29 January 1886, and began the first production
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 9
of automobiles in 1888, after Bertha Benz, his wife, had proved - with the first
long-distance trip in August 1888, from Mannheim to Pforzheim and back -
that the horseless coach was absolutely suitable for daily use. Since 2008
a Bertha Benz Memorial Route commemorates this event.
Soon after, Gottlieb Daimler and Wilhelm Maybach in Stuttgart in 1889
designed a vehicle from scratch to be an automobile, rather than a horse-drawn
carriage fitted with an engine. They also are usually credited with invention of
the first motorcycle in 1886, but Italy's Enrico Bernardi of the University of
Padua, in 1882, patented a 0.024 horsepower (17.9 W) 122 cc (7.4 cu in) one-
cylinder petrol motor, fitting it into his son's tricycle, making it at least a
candidate for the first automobile, and first motorcycle, Bernardi enlarged the
tricycle in 1892 to carry two adults.
One of the first four-wheeled petrol-driven automobiles in Britain was built
in Birmingham in 1895 by Frederick William Lanchester, who also patented
the disc brake; and the first electric starter was installed on an Arnold, an
adaptation of the Benz Velo, built between 1895 and 1898.
In all the turmoil, many early pioneers are nearly forgotten. In 1891, John
William Lambert built a three-wheeler in Ohio City, Ohio, which was
destroyed in a fire the same year, while Henry Nadigconstructed a four-
wheeler in Allentown, Pennsylvania. It is likely they were not the only one
Brass Era car:
:
Named for the wide spread use of brass in the United
States,the Brass (or Edwardian) Era lasted from roughly 1905 through to the
beginning of World War I in 1914.
Within the 15 years that make up this era, the various experimental designs
and alternate power systems would be marginalized. Although the modern
touring had been invented earlier, it was not until Leaser’s Systems Pan
hard was widely licensed and adopted that recognizable and standardized
automobiles were created. This system specified front-engine, rear-wheel
drive internal combustion engine cars with a sliding gear transmission.
Traditional coach-style vehicles were rapidly abandoned, and buckboard
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 10
runabouts lost favor with the introduction of tonneaus and other less-
expensive touring bodies.
By 1906, steam car development had advanced, and they were among the
fastest road vehicles in that period
By 1906, steam car development had advanced, and they were among the
fastest road vehicles in that period. Throughout this era, development
of automotive technology was rapid, due in part to hundreds of small
manufacturers competing to gain the world's attention. Key developments
included the electric ignition system (by dynamotor on the Arnold in
1898, though Robert Bosch, 1903, tends to get the credit),independent
suspension (actually conceived by Bollée in 1873), and four-wheel brakes (by
the Arrol-Johnston Company of Scotland in 1909) Leaf springs were widely
used for suspension, though many other systems were still in use, with angle
steel taking over from armored wood as the frame material of
choice. Transmissions and throttle controls were widely adopted, allowing a
variety of cruising speeds, though vehicles generally still had discrete speed
settings, rather than the infinitely variable system familiar in cars of later eras.
Safety glass also made its debut, patented by John Wood in England in
1905.] (It would not become standard equipment until 1926, on
a Rickenbacker.)
Between 1907 and 1912 in the United States, the high-wheel motor
buggy (resembling the horse buggy of before 1900) was in its heyday, with
over seventy-five makers including Holsman (Chicago), IHC (Chicago),
and Sears (which sold via catalog); the high-wheeler would be killed by the
Model In 1912,Hupp (in the U.S., supplied by Hale & Irwin) and BSA (in the
UK) pioneered the use of all-steel bodies, joined in 1914 by Dodge (who
produced Model T bodies).[While it would be another two decades before all-
steel bodies would be standard, the change would mean improved supplies of
superior-quality wood for furniture makers.
Some examples of cars of the period included:
1908–1927 Ford Model T — the most widely produced and available car of
the era. It used a planetary transmission, and had a pedal-based control system.
Ford T was proclaimed as the most influential car of the 20th century in the
international Car of the Century awards.
1910 Mercer Race about — regarded as one of the first sports cars, the Race
about expressed the exuberance of the driving public, as did the similarly
conceived American Under slung and Hispano-Suiza Alphorns.
1910–1920 Bugatti Type 13 — a notable racing and touring model with
advanced engineering and design. Similar models were the Types 15, 17, 22,
and 23.
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 11
Vintage era
The vintage era lasted from the end of World War I (1919), through the Wall Street
Crash at the end of 1929. During this period, the front-engine car came to dominate,
with closed bodies and standardized controls becoming the norm. In 1919, 90% of
cars sold were open; by 1929, 90% were closed. Development of the internal
combustion engine continued at a rapid pace, with multi-valve and overhead
camshaft engines produced at the high end, and V8,V12, and even V16
engines conceived for the ultra-rich. Also in 1919, hydraulic brakes were invented
by Malcolm Longhead (co-founder of Lockheed); they were adopted
by Duisenberg for their 1921 Model A. Three years later, Hermann
Rieseler of Vulcan Motor invented the first automatic transmission, which had two-
speed planetary gearbox, torque converter, and lockup clutch; it never entered
production. (Its like would only become an available option in 1940.) Just at the end
of the vintage era, tempered glass (now standard equipment in side windows) was
invented in France. In this era the revolutionary pontoon design of cars without fully
articulated fenders, running boards and other non-compact ledge elements was
introduced in small series but a mass production of such cars was started much late
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 12
Pre-WWII era
The pre-war part of the classic era began with the Great Depression in 1930,
and ended with the recovery after World War II, commonly placed at 1948. It
was in this period that integrated fenders and fully closed bodies began to
dominate sales, with the new saloon/sedan body style even incorporating
a trunk or boot at the rear for storage. The old open-top runabouts, phaetons,
and touring cars were phased out by the end of the classic era as wings,
running boards, and headlights were gradually integrated with the body of the
car.By the 1930s, most of the mechanical technology used in today's
automobiles had been invented, although some things were later "re-invented",
and credited to someone else. For example, front-wheel drive was re-
introduced by André Citroën with the launch of the Traction Avant in 1934,
though it had appeared several years earlier in road cars made
by Avis and Cord, and in racing cars by Miller (and may have appeared as
early as 1897). In the same vein, independent suspension was originally
conceived by Amédée Bollée in 1873, but not put in production until
appearing on the low-volume Mercedes-Benz 380 in 1933, which prodded
American makers to use it more widely. In 1930, the number of auto
manufacturers declined sharply as the industry consolidated and matured,
thanks in part to the effects of the Great Depression.
Exemplary pre-war automobiles:
1932–1939 Alvis Speed 20 and Speed 25 — the first cars with all-
synchromesh gearbox.
1932–1948 Ford V-8 (Model B) — introduction of the powerful flathead
V8 in mainstream vehicles, setting new performance and efficiency standards.
1934–1940 Bugatti Type 57 — a singular refined automobile for the wealthy.
1934–1956 Citroën Traction Avant — the first mass-produced front-wheel
drive car, built with monocoque chassis.
1936–1955 MG T series — sports cars with youth appeal at an affordable
price.
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 13
1938–2003 Volkswagen Beetle — a design for efficiency and low price,
which was produced for over 60 years with minimal basic change; it has the
largest production in history with over 20 million units produced in several
counties. The car was awarded the fourth place in the international Century
competition. A new car echoing the styling of the original has been produced
in the 21st century.
1936–1939 Rolls-Royce Phantom III — V12 engine pinnacle of pre-war
engineering, with technological advances not seen in most other manufacturers
until the 1960s. Superior performance and quality.
1946–1958 GAZ-M20 Pobeda — Soviet mass car with full ponton
design.1947–1958 Standard Vanguard — British mass car with full ponton
design some and
1948–1971 Morris Minor – a popular and typical early post-war car exported
around the world
1953–1971 Chevrolet Bel Air and 1953–2002 Cadillac Eldorado Brougham –
in its first generations were a bright representatives of golden epoch of
American tailfin car design
1955–1976 Citroën DS — bright and non-often representative of unusual
bogie (hydro pneumatic) и design (one of the most mind), due to what became
a movie star; car was awarded the third place on international Car of the XX
Century competition.
1959–2000 Mini — this quintessential small car lasted for four decades, and is
one of the most famous cars of all time; car was awarded the second place on
international Car of the XX Century competition; car has a re-styled new
variant in XXI century.
1961–1975 Jaguar E-type — the E-type saved Jaguar on the track and in the
showroom, and was a standard for design and innovation in the 1960s.
1963–1989 Porsche 911 – wanted non-cheap but mass sport car, famous its
company; car was awarded the fifth place on international Car of the XX
Century competition; car has a successors with similar design.
1964–present Ford Mustang — the pony car that became one of the best-
selling and most-collected cars of the era.
1966–end of 20th century FIAT 124 — an Italian car that was license
produced in many other counties including the Soviet Union where as
the VAZ-2101 it launched mass automobilisation.
1967 NSU Ro 80 — the basic wedge profile of this design was much emulated
in subsequent decades. unlike that its other technical innovation - rotor engine.
1967–2002 Chevrolet Camaro – The pony car that General Motors introduced
to compete with Ford's mustang which featured the relatively new Coke bottle
styling.
1969 Datsun 240Z — one of the first Japanese sports cars to be a smash hit
with the North American public, it paved the way for future decades of
Japanese strength in the automotive industry. It was affordable and well
built] and had great success both on the track and in the showroom.
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 14
Modern era
The modern era is normally defined as the 25 years preceding the current
year. However, there are some technical and design aspects that differentiate
modern cars from antiques. Without considering the future of the car, the
modern era has been one of increasing standardization, platform sharing,
and computer-aided design.
Some particularly notable advances in modern times are the widespread
of front-wheel drive and all-wheel drive, the adoption of the diesel engine, and
the ubiquity of fuel injection. While all of these advances were first attempted
in earlier eras, they so dominate the market today that it is easy to overlook
their significance. Nearly all modern passenger cars are front-wheel
drivemonocoque/unibody designs, with transversely mounted engines, but this
design was considered radical as late as the 1960s.
Body styles have changed as well in the modern era. Three types,
the hatchback, sedan, and sport utility vehicle, dominate today's market, yet
are relatively recent concepts. All originally emphasised practicality, but have
mutated into today's high-powered luxury crossover SUV, sports wagon, two-
volume Large MPV. The rise of pickup trucks in the United States, and SUVs
worldwide has changed the face of motoring, with these "trucks" coming to
command more than half of the world automobile market. There was also the
appearance of new one-volumeMPV class (smaller non-commercial
passenger minivans), among the first of which were the French Renault
Espace and US Pontiac Trans Sport.
The modern era has also seen rapidly rising fuel efficiency and engine output.
Once the automobile emissions concerns of the 1970s were conquered with
computerised engine management systems, power began to rise rapidly. In the
1980s, a powerful sports car might
have produced 200 horsepower (150 kW) – just 20 years later, average
passenger cars have engines that powerful, and some performance models
offer three times as much power.
Since 2009 China becamed the new world's absolute car manufacturer leader
with production more than US, Japan or all Europe. Besides of large growth of
car production in Asian and other countries, the junctions (and breaks) of
producents into transnational corporate groups and the transnational
"platforms" of a cars becamed as wide practice.
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 15
Since the end of the 20th century, several award competitions of cars and
trucks have become widely known, such as European Car of the Year Car of
the Year Japan, Year, World, Truck of the Year, and International Car of the
Year, so that vehicles of different classes, producers, and countries win
alternately. Also, Car of the Century awards were held, in which in the US
the Ford Model T was named as most influential car of the 20th century.
Exemplary modern cars:
1966–present Toyota Corolla — a simple small Japanese saloon/sedan that has come
to be the best-selling car of all time.
1970–present Range Rover — the first take on the combination of luxury and four-
wheel drive utility, the original 'SUV'. Such was the popularity of the original Range
Rover Classic that a new model was not brought out until 1994.
1973–present Mercedes-Benz S-Class — electronic Anti-lock Braking System,
supplemental restraint airbags, seat belt pretensioners, and electronic traction control
systems all made their debut on the S-Class. These features would later become
standard throughout the car industry.
1975–present BMW 3 Series — the 3 Series has been on Car and Driver magazine's
annual Ten Best list 17 times, making it the longest running entry in the list.
1977–present Honda Accord saloon/sedan — this Japanese sedan became the most
popular car in the United States in the 1990s, pushing the Ford Taurus aside, and
setting the stage for today's upscale Asian sedans.
1981–1989 Dodge Aries and Plymouth Reliant — the "K-cars" that saved Chrysler as
a major manufacturer. These models were some of the first successful
American front-wheel drive, fuel-efficient compact.
1983–present Chrysler minivans — the two-box minivan design nearly pushed
the station wagon out of the market, and presaged today's crossover SUVs.
1984–present Renault Escape — first mass one-volume car of non-commercial MPV
class.
1986–present Ford Taurus — this mid-sized front-wheel drive sedan with modern
computer-assisted design dominated the American market in the late 1980s, and
created a design revolution in North America.
1989–1999 Pontiac Trans Sport — was one the first of the one box cars.
1997–present Toyota Prius — launched in the Japanese market, in September 2010
reached worldwide cumulative sales of 2.0 million units, becoming the most
iconic hybrid electric vehicle in the world.
1998–present Ford Focus — one of the most popular hatchbacks across the globe, that
is also one of Ford's best selling world cars.
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 16
2008–present Tata Nano — The Tata Nano is an inexpensive( 100,000 ~
$2200), rear-engined, four-passenger city car built by the Indian company Tata
Motors and is aimed primarily at the Indian domestic market.
2010–present, Nissan Leaf and Chevrolet Volt — an all-electric car and
a plug-in hybrid correspondingly, were launched in the U.S. and Japanese
markets in December 2010, becoming the first mass vehicles of their kind.
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 17
1.2 AUTOMOTIVE INDUSTRY IN INDIA
Overview:
The Indian Automobile Industry manufactures over 11 million vehicles and
exports about 1.5 million each year. The dominant products of the industry are
two-wheelers with a market share of over 75% and passenger cars with a
market share of about 16%.Commercial vehicles and three-wheelers share
about 9% of the market between them. About 91% of the vehicles sold are
used by households and only about 9% for commercial purposes. The industry
has a turnover of more than USD $35 billion and provides direct and indirect
employment to over 13 million people.
The supply chain is similar to the supply chain of the automotive industry in
Europe and America.
Interestingly, the level of trade exports in this sector in India has been medium
and imports have been low. However, this is rapidly changing and both
exports and imports are increasing. The demand determinants of the industry
are factors like affordability, product innovation, infrastructure and price of
fuel. Also, the basis of competition in the sector is high and increasing, and its
life cycle stage is growth. With a rapidly growing middle class, all the
advantages of this sector in India are yet to be leveraged.
With a high cost of developing production facilities, limited accessibility to
new technology, and increasing competition, the barriers to enter the Indian
Automotive sector are high. On the other hand, India has a well-developed tax
structure. The power to levy taxes and duties is distributed among the three
tiers of Government. The cost structure of the industry is fairly traditional, but
the profitability of motor vehicle manufacturers has been rising over the past
five years. Major players, like Tata Motors and Maruti Suzuki have material
cost of about 80% but are recording profits after tax of about 6% to 11%.
The level of technology change in the Motor vehicle Industry has been high
but, the rate of change in technology has been medium. Investment in the
technology by the producers has been high. System-suppliers of integrated
components and sub-systems have become the order of the day. However,
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 18
further investment in new technologies will help the industry be more
competitive. Over the past few years, the industry has been volatile. Currently,
India's increasing per capita disposable income which is expected to rise by
106% by 2015 and growth in exports is playing a major role in the rise and
competitiveness of the industry.
Tata Motors is leading the commercial vehicle segment with a market share of
about 64%.Maruti Suzuki is leading the passenger vehicle segment with a
market share of 46%. Hyundai Motor India and Mahindra and Mahindra are
focusing expanding their footprint in the overseas market. Hero Honda
Motors is occupying over 41% and sharing 26% of the two-wheeler market in
India with Bajaj. Bajaj Auto in itself is occupying about 58% of the three-
wheeler market.
Consumers are very important of the survival of the Motor
Vehicle manufacturing industry. In 2008-09, customer sentiment dropped,
which burned on the augmentation in demand of cars. Steel is the major input
used by manufacturers and the rise in price of steel is putting a cost pressure
on manufacturers and cost is getting transferred to the end consumer. The
price of oil and petrol affect the driving habits of consumers and the type of
car they buy.
The key to success in the industry is to improve labour productivity, labour
flexibility, and capital efficiency. Having quality
manpower, infrastructure improvements, and raw material availability also
play a major role. Access to latest and most efficient technology and
techniques will bring competitive advantage to the major players. Utilising
manufacturing plants to optimum level and understanding implications from
the government policies are the essentials in the Automotive Industry of India.
Both, Industry and Indian Government are obligated to intervene the Indian
Automotive industry. The Indian government should facilitate infrastructure
creation, create favorable and predictable business environment, attract
investment and promote research and development. The role of Industry will
primarily be in designing and manufacturing products of world-class quality
establishing cost competitiveness and improving productivity in labour and in
capital. With a combined effort, the Indian Automotive industry will emerge
as the destination of choice in the world for design and manufacturing of
automobiles.
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NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 19
1.3 History:
The first car ran on India's roads in 1897. Until the 1930s, cars were imported
directly, but in very small numbers.
Embryonic automotive industry emerged in India in the 1940s. Mahindra &
Mahindra was established by two brothers as a trading company in 1945, and
began assembly of Jeep CJ-3A utility vehicles under license from Willys. The
company soon branched out into the manufacture of light commercial
vehicles (LCVs) and agricultural tractors.
Following the independence, in 1947, the Government of India and the private
sector launched efforts to create an automotive component manufacturing
industry to supply to the automobile industry. However, the growth was
relatively slow in the 1950s and 1960s due to nationalisation and the license
raj which hampered the Indian private sector. After 1970, the automotive
industry started to grow, but the growth was mainly driven by tractors,
commercial vehicles and scooters. Cars were still a major
luxury. Japanese manufacturers entered the Indian market ultimately leading
to the establishment of Maruti Udyog. A number of foreign firms initiated
joint ventures with Indian companies.
In the 1980s, a number of Japanese manufacturers launched joint-ventures for
building motorcycles and light commercial-vehicles. It was at this time that
the Indian government chose Suzuki for its joint-venture to manufacture small
cars. Following the economic liberalization in 1991 and the gradual
weakening of the license raj, a number of Indian and multi-national car
companies launched operations. Since then, automotive component and
automobile manufacturing growth has accelerated to meet domestic and export
demands.
Following economic liberalization in India in 1991, the Indian automotive
industry has demonstrated sustained growth as a result of increased
competitiveness and relaxed restrictions. Several Indian automobile
manufacturers such as Tata Motors, Maruti Suzuki and Mahindra and
Mahindra, expanded their domestic and international operations. India's
robust economic growth led to the further expansion of its domestic
automobile market which has attracted significant India-specific investment by
multinational automobile manufacturers. In February 2009, monthly sales of
passenger cars in India exceeded 100,000 units and has since grown rapidly to
a record monthly high of 182,992 units in October 2009.[ From 2003 to 2010,
car sales in India have progressed at a CAGR of 13.7%, and with only 10% of
Indian households owning a car in 2009 (whereas this figure reaches 80% in
Switzerland for example)[this progression is unlikely to stop in the coming
decade.Congestion of Indian roads, more than market demand, will likely be
the limiting factor.
SIAM is the apex industry body representing all the vehicle manufacturers,
home-grown and international, in India
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1.4 Industry Definition
This class consists of units mainly engaged in manufacturing motor vehicles
or motor vehicle engines.
Products and Services
The primary activities of this industry are:
Motor cars manufacturing Motor vehicle engine manufacturing
The major products and services in this industry are:
Passenger motor vehicle manufacturing segment (Passenger Cars, Utility
Vehicles & Multi Purpose Vehicles) Commercial Vehicles (Medium & Heavy
and Light Commercial Vehicles) Two Wheelers Three Wheelers.
1.5 Supply Chain of Automobile Industry:
The supply chain of automotive industry in India is very similar to the supply
chain of the automotive industry in Europe and America. The orders of the
industry arise from the bottom of the supply chain i. e., from the consumers
and go through the automakers and climbs up until the third tier suppliers.
However the products, as channeled in every traditional automotive industry,
flow from the top of the supply chain to reach the consumers. Automakers in
India are the key to the supply chain and are responsible for the products and
innovation in the industry.
The description and the role of each of the contributors to the supply chain are
discussed below.
Third Tier Suppliers: These companies provide basic products like rubber,
glass, steel, plastic and aluminum to the second tier suppliers.
Second Tier Suppliers: These companies design vehicle systems or bodies for
First Tier Suppliers and OEMs. They work on designs provided by the first
tier suppliers or OEMs. They also provide engineering resources for detailed
designs. Some of their services may
include welding, fabrication, shearing, bending etc.
First Tier Suppliers: These companies provide major systems directly to
assemblers. These companies have global coverage to follow their customers
to various locations around the world. They design and innovate to provide
"black-box" solutions for the requirements of their customers. Black-box
solutions are solutions created by suppliers using their own technology to meet
the performance and interface requirements set by assemblers.
First tier suppliers are responsible not only for the assembly of parts into
complete units like dashboard, breaks-axle-suspension, seats, or cockpit but
also for the management of second-tier suppliers.
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NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 21
Automakers/Vehicle Manufacturers/Original Equipment Manufacturers
(OEMs): After researching consumers' wants and needs, automakers begin
designing models which are tailored to consumers' demands. The design
process normally takes five years. These companies have manufacturing units
where engines are manufactured and parts supplied by first tier suppliers and
second tier suppliers are assembled. Automakers are the key to the supply
chain of the automotive industry. Examples of these companies are Tata
Motors, Maruti Suzuki, Toyota, and Honda. Innovation, capability
and branding are the main focus of these companies.
Dealers: Once the vehicles are ready they are shipped to the regional branch
and from there, to the authorized dealers of the companies. The dealers then
sell the vehicles to the end customers.
Parts and Accessory: These companies provide products
like tires, windshields, and air bags etc. to automakers and dealers or directly
to customers.
Service Providers: Some of the services to the customers include servicing of
vehicles, repairing parts, or financing of vehicles. Many dealers provide these
services but, customers can also choose to go to independent service
providers.
1.6 Exports:
Mahindra Scorpio Jeep in service with the Italy's CNSAS.
India's automobile exports have grown consistently and reached $4.5 billion in
2009, with United Kingdom being India's largest export market followed
byItaly, Germany, Netherlands and South Africa. India's automobile exports
are expected to cross $12 billion by 2014.
According to New York Times, India's strong engineering base and expertise
in the manufacturing of low-cost, fuel-efficient cars has resulted in the
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NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 22
expansion of manufacturing facilities of several automobile companies
like Hyundai Motors, Nissan, Toyota, Volkswagen and Suzuki.
In 2008, Hyundai Motors alone exported 240,000 cars made in India. Nissan
Motors plans to export 250,000 vehicles manufactured in its India plant by
2011. Similarly, General Motors announced its plans to export about 50,000
cars manufactured in India by 2011.
In September 2009, Ford Motors announced its plans to set up a plant in India
with an annual capacity of 250,000 cars for US$500 million. The cars will be
manufactured both for the Indian market and for export. The company said
that the plant was a part of its plan to make India the hub for its global
production business. Fiat Motors also announced that it would source more
than US$1 billion worth auto components from India.
In July 2010, The Economic Times reported that PSA Peugeot Citroën was
planning to re-enter the Indian market and open a production plant in Andhra
Pradesh with an annual capacity of 100,000 vehicles, investing EUR 700M in
the operation. PSA's intention to utilise this production facility for export
purposes however remains unclear as of December 2010.
In 2009 India (0.23m) surpassed China (0.16m) as Asia's fourth largest
exporter of cars after Japan (1.77m), Korea (1.12m) and Thailand (0.26m) by
allowing foreign carmakers 100% ownership of factories in India, which
China does not allow.
In recent years, India has emerged as a leading center for the manufacture of
small cars. Hyundai, the biggest exporter from the country, now ships more
than 250,000 cars annually from India. Apart from shipments to its parent
Suzuki, Maruti Suzuki also manufactures small cars for Nissan, which sells
them in Europe. Nissan will also export small cars from its new Indian
assembly line. Tata Motors exports its passenger vehicles to Asian and African
markets, and is in preparation to launch electric vehicles in Europe in 2010.
The firm is also planning to launch an electric version of its low-cost
car Nano in Europe and the U.S. Mahindra & Mahindra is preparing to
introduce its pickup trucks and small SUV models in the U.S. market. Bajaj
Auto is designing a low-cost car for the Renault Nissan Automotive India,
which will market the product worldwide. Renault Nissan may also join
domestic commercial vehicle manufacturer Ashok Leyland in another small
car project While the possibilities are impressive, there are challenges that
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NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 23
could thwart future growth of the Indian automobile industry. Since the
demand for automobiles in recent years is directly linked to overall economic
expansion and rising personal incomes, industry growth will slow if the
economy weakens.
Passenger vehicles in India
This list is of cars that are officially available and serviced in India. While
other cars can be imported to the country at a steep 105% import duty, car
makers such as AlfaRomeo, McLaren,Pagani,] Cadillac, Chrysler, SSCZenvo,
SEAT Smart, Daihatsu, Lexus, Infiniti, Acura, Saab-Spyker,
Lotus, Ariel Cater ham,]Peugeot-Citroën, Mazda Jeep, SsangYong, Kia,
[
GAZ and Proton are in varying stages of official introduction to the Indian
automobile market.
Indian automotive companies
Chinkara Motors: Beachster, Hammer, Roadster 1.8S, Rockster, Jeepster, Sailster
Hindustan Motors:] Ambassador
ICML: Rhino Rx
Mahindra: Major, Xylo, Scorpio, Bolero, Thar, Verito,
Genio, XUV500.
Premier Automobiles Limited: Sigma, RiO
San Motors: Storm
TataMotors: Nano, Indica, Vista, Indigo, Manza, Indigo
CS, Sumo, Grande, Venture, Safari, Xenon, Aria
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NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 24
CHAPTER-2
COMPANY
PROFILE
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NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 25
Type Public
Traded as BSE: 532500
NSE: MARUTI
BSE SENSEX Constituent
Industry Automotive
Predecessor(s) Maruti Udyog Limited
Founded 1981
Headquarters New Delhi, India[1]
Key people Shinzo Nakanishi
(CEO & MD)
Products Automobiles
Revenue 37,522 crore (US$8.25
billion)(2010-11)[2]
Net income 2,288 crore (US$503.36
million)(2010-11)[2]
Employees 6,903 (2011)[3]
Parent Suzuki Motor Corporation
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NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 26
2.1 Profile:
The old logo of Maruti Suzuki India Limited. Later the logo of Suzuki Motor
Corp. was also added to it
Joint venture related issues
Maruti Suzuki's A-Star vehicle during its unveiling in Pragati Maidan,
Delhi. A-Star, Suzuki's fifth global car model, was designed and is made only
in India. Maruti Suzuki is also Suzuki's leading research and development arm
outside Japan
Relationship between the Government of India, under the United Front
(India) coalition and Suzuki Motor Corporation over the joint venture was a
point of heated debate in the Indian media till Suzuki Motor Corporation
gained the controlling stake. This highly profitable joint venture that had a
near monopolistic trade in the Indian automobile market and the nature of the
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NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 27
partnership built up till then was the underlying reason for most issues. The
success of the joint venture led Suzuki to increase its equity from 26% to 40%
in 1987, and further to 50% in 1992. In 1982 both the venture partners had
entered into an agreement to nominate their candidate for the post of
Managing Director and every Managing Director will have a tenure of five
years
R.C. Bhargava was the initial managing director of the company since the
inception of the joint venture. Till today he is regarded as instrumental for the
success of Maruti Suzuki. Joining in 1982 he held several key positions in the
company before heading the company as Managing Director. Currently he is
on the Board of Directors. After completing his five year tenure, Mr. Bhargava
later assumed the office of Part-Time Chairman. The Government nominated
Mr. S.S.L.N. Bhaskarudu as the Managing Director on 27 August 1997. Mr.
Bhaskarudu had joined Maruti Suzuki in 1983 after spending 21 years in the
Public sector undertaking Bharat Heavy Electricals Limited as General
Manager. In 1987 he was promoted as Chief General Manager. In 1988 he was
named Director, Productions and Projects. The next year (1989) he was named
Director of Materials, and in 1993 he became Joint Managing Director.
Suzuki Motor Corporation didn't attend the Annual General Meeting of the
Board with the reason of it being called on a short notice. Later Suzuki Motor
Corporation went on record to state that Bhaskarudu was "incompetent" and
wanted someone else. However, the Ministry of Industries, Government of
India refuted the charges. Media stated from the Maruti Suzuki sources that
Bhaskarudu was interested to indigenise most of components for the models
including gear boxes especially for Maruti 800. Suzuki also felt that
Bhaskarudu was a proxy for the Government and would not let it increase its
stake in the venture. If Maruti Suzuki would have been able to indigenise gear
boxes then Maruti Suzuki would have been able to manufacture all the models
without the technical assistance from Suzuki. Till today the issue of
localization of gear boxes is highlighted in the press.
The relations strained when Suzuki Motor Corporation moved to Delhi High
Court to bring a stay order against Bhaskarudu's appointment. The issue was
resolved in an out-of-court settlement and both the parties agreed that R S S L
N Bhaskarudu would serve up to 31 December 1999, and from 1 January
2000, Jagdish Khattar, Executive Director of Maruti Udyog Limited would
assume charges as the Managing Director. Many politicians stated in
parliament that the Suzuki Motor Corporation is unwilling to localize
manufacturing and reduce imports. As of 2011 Gear boxes are still imported
from Japan and are assembled at the Gurgaon facility
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NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 28
Maruti Suzuki is India and Nepal's number one leading automobile
manufacturer and the market leader in the car segment, both in terms of
volume of vehicles sold and revenue earned. Until recently, 18.28% of the
company was owned by the Indian government, and 54.2%
by Suzuki of Japan. The BJP-led government held an initial public offering of
25% of the company in June 2003. As of 10 May 2007, the government of
India sold its complete share to Indian financial institutions and no longer has
any stake in Maruti Udyog
Maruti Udyog Limited (MUL) :
was established in February 1981, though the actual production commenced in
1983 with the Maruti 800, based on the Suzuki Alto kei car which at the time
was the only modern car available in India, its only competitors-
the Hindustan Ambassador and Premier Padmini were both around 25 years
out of date at that point. Through 2004, Maruti Suzuki has produced over 5
Million vehicles. Maruti Suzuki’s are sold in India and various several other
countries, depending upon export orders. Models similar to Maruti Suzuki’s
(but not manufactured by Maruti Udyog) are sold by Suzuki Motor
Corporation and manufactured in Pakistan and other Asian countries.
The company exports more than 50,000 cars annually and has an extremely
large domestic market in India selling over 730,000 cars annually. Maruti 800,
till 2004, was the India's largest selling compact car ever since it was launched
in 1983. More than a million units of this car have been sold worldwide so far.
Currently, Maruti Suzuki Alto tops the sales charts.
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NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 29
Due to the large number of Maruti 800s sold in the Indian market, the term
"Maruti" is commonly used to refer to this compact car model. Its
manufacturing facilities are located at two
facilities Gurgaon and Manesar south of Delhi. Maruti Suzuki’s Gurgaon
facility has an installed capacity of 350,000 units per annum. The Manesar
facilities, launched in February 2007 comprise a vehicle assembly plant with a
capacity of 100,000 units per year and a Diesel Engine plant with an annual
capacity of 100,000 engines and transmissions. Manesar and Gurgaon
facilities have a combined capability to produce over 700,000 units annually.
More than half the cars sold in India are Maruti Suzuki cars. The company is a
subsidiary of Suzuki Motor Corporation, Japan, which owns 54.2 per cent of
Maruti Suzuki. The rest is owned by public and financial institutions. It is
listed on the Bombay Stock Exchange and National Stock Exchange in India.
During 2007-08, Maruti Suzuki sold 764,842 cars, of which 53,024 were
exported. In all, over six million Maruti Suzuki cars are on Indian roads since
the first car was rolled out on 14 December 1983. Maruti Suzuki offers 14
models, Maruti 800, Alto, WagonR, Estilo, A-star, Ritz, Swift, Swift
DZire, SX4, Omni,Eeco, Gypsy, Grand Vitara, Kizashi. Swift, Swift DZire,
A-star and SX4 are manufactured in Manesar, Grand Vitara and Kizashi are
imported from Japan as completely built units(CBU), remaining all models are
manufactured in Maruti Suzuki's Gurgaon Plant.
Suzuki Motor Corporation, the parent company, is a global leader in mini and
compact cars for three decades. Suzuki’s technical superiority lies in its ability
to pack power and performance into a compact, lightweight engine that is
clean and fuel efficient. Nearly 75,000 people are employed directly by Maruti
Suzuki and its partners. It has been rated first in customer satisfaction among
all car makers in India from 1999 to 2009 by J D Power Asia Pacific.
2.2 Industrial relations:
For most of its history, Maruti Udyog Limited had relatively few problems
with its labour force. Its emphasis of a Japanese work culture and the modern
manufacturing process, first instituted in Japan in the 1970s, was accepted by
the workforce of the company without any difficulty. But with the change in
management in 1997, when it became predominantly government controlled
for a while, and the conflict between the United Front Government and Suzuki
may have been the cause of unrest among employees. A major row broke out
in September 2000 when employees of Maruti Udyog Ltd (MUL) went on an
indefinite strike, demanding among other things, revision of the incentive
scheme offered and implementation of a pension scheme.
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Employees struck work for six hours in October 2000, irked over the
suspension of nine employees, going on a six-hour tools-down strike at its
Gurgaon plant, demanding revision of the incentive-linked pay and threatened
to fast to death if the suspended employees were not reinstated. About this
time, the NDA government, following a disinvestments policy, proposed to
sell part of its stake in Maruti Suzuki in a public offering. The Staff union
opposed this sell-off plan on the grounds that the company will lose a major
business advantage of being subsidized by the Government.
The standoff with the management continued to December with a proposal by
the management to end the two-month long agitation rejected with a demand
for reinstatement of 92 dismissed workers, with four MUL employees going
on a fast-unto-death. In December the company's shareholders met in New
Delhi in an AGM that lasted 30 minutes. At the same time around 1500 plant
workers from the MUL's Gurgaon facility were agitating outside the
company's corporate office demanding commencement of production linked
incentives, a better pension scheme and other benefits. The management has
refused to pass on the benefits citing increased competition and lower margins
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NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 31
2.3 Services offered
Current sales of automobiles
Red Bull Maruti Suzuki Swift
Maruti Omni
India's Corps of Military Police personnel patrolling the Wagah border crossing in
thePunjab in a Maruti Gypsy.
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NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 32
Maruti Alto
Maruti Suzuki Swift
Maruti Suzuki Zen Estilo
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Suzuki SX4
7th Generation Suzuki Alto is sold as Maruti
Suzuki A-Star in India.
Maruti Suzuki Swift DZire
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Suzuki Splash is sold as Maruti Suzuki Ritz in India.
1. 800 (Launched 1983)
2. Omni (Launched 1984)
3. Gypsy (launched 1985)
4. Zen (launched 1995)
5. WagonR (Launched 1999)
6. Alto (Launched 2000)
7. Swift (Launched 2005)
8. Estilo (Launched 2009)
9. SX4 (Launched 2007)
10. Swift DZire (Launched 2008)
11. A-star (Launched 2008)
12. Ritz (Launched 2009)
13. Eeco (Launched 2010)
14. Alto K10 (Launched 2010)
15. Maruti Ertiga, seven seater MPV R3 designed and developed in India, will compete
with Toyota Innova, Mahindra Xylo, and Tata Sumo Grande.In early 2012, Suzuki
Ertiga will be exported first to Indonesia in Completely Knock Down car.
16. Maruti XA Alpha will be launched in the year 2014.
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NAVNIRMAN INSTITUTE OF MANAGEMENT | 1.1History of the automobile 35
Manufacturing facilities
Maruti Suzuki has two state-of-the-art manufacturing facilities in
India.[18]
Both manufacturing facilities have a combined production
capacity of 1,250,000 vehicles annually.
Gurgaon Manufacturing Facility
The Gurgaon Manufacturing Facility has three fully integrated
manufacturing plants and is spread over 300 acres (1.2 km2). All
three plants have an installed capacity of 350,000 vehicles annually
but productivity improvements have enabled it to manufacture
700,000 vehicles annually. The Gurgaon facilities also manufacture
240,000 K-Series engines annually. The entire facility is equipped
with more than 150 robots, out of which 71 have been developed in-
house. The Gurgaon Facilities manufactures
the 800, Alto, WagonR, Estilo, Omni, Gypsy and Eeco.
Manesar Manufacturing Facility
The Manesar Manufacturing Plant was inaugurated in February
2007 and is spread over 600 acres (2.4 km2). Initially it had a
production capacity of 100,000 vehicles annually but this was
increased to 300,000 vehicles annually in October 2008. The
production capacity was further increased by 250,000 vehicles
taking total production capacity to 550,000 vehicles annually. The
Manesar Plant produces the A-star, Swift, Swift
DZire and SX4.diuyiyiui8u
Sales and service network
As of 31 March 2011 Maruti Suzuki has 933 dealerships across 666
towns and cities in all states and union territories of India. It has
2,946 service stations (inclusive of dealer workshops and Maruti
Authorised Service Stations) in 1,395 towns and cities throughout
India. It has 30 Express Service Stations on 30 National
Highways across 1,314 cities in India.
Service is a major revenue generator of the company. Most of the
service stations are managed on franchise basis, where Maruti
Suzuki trains the local staff. Other automobile companies have not
been able to match this benchmark set by Maruti Suzuki. The
Express Service stations help many stranded vehicles on the
highways by sending across their repair man to the vehicle.
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Maruti Insurance
Launched in 2002 Maruti Suzuki provides vehicle insurance to its
customers with the help of the National Insurance Company, Bajaj
Allianz, New India Assurance and Royal Sundaram. The service
was set up the company with the inception of two subsidiaries
Maruti Insurance Distributors Services Pvt. Ltd and Maruti
Insurance Brokers Pvt. Limited
This service started as a benefit or value addition to customers and
was able to ramp up easily. By December 2005 they were able to
sell more than two million insurance policies since its inception.
Maruti Finance
To promote its bottom line growth, Maruti Suzuki launched Maruti
Finance in January 2002. Prior to the start of this service Maruti
Suzuki had started two joint ventures Citicorp Maruti and Maruti
Countrywide with Citi Group and GE Countrywide respectively to
assist its client in securing loan.[23]
Maruti Suzuki tied up with ABN
Amro Bank, HDFC Bank, ICICI Limited, Kotak Mahindra,
Standard Chartered Bank, and Sundaram to start this venture
including its strategic partners in car finance. Again the company
entered into a strategic partnership with SBI in March 2003 Since
March 2003, Maruti has sold over 12,000 vehicles through SBI-
Maruti Finance. SBI-Maruti Finance is currently available in 166
cities across India.
Maruti TrueValue
Maruti True service offered by Maruti Suzuki to its customers. It is
a market place for used Maruti Suzuki Vehicles. One can buy, sell
or exchange used Maruti Suzuki vehicles with the help of this
service in India. As of 31 March 2010 there are 341 Maruti True
Value outlets.
N2N Fleet Management
N2N is the short form of End to End Fleet Management and
provides lease and fleet management solution to corporates. Clients
who have signed up of this service include Gas Authority of India
Ltd, DuPont, Reckitt Benckiser, Sona
Steering, Doordarshan, Singer India, National Stock Exchange and
Transworld. This fleet management service include end-to-end
solutions across the vehicle's life, which includes Leasing,
Maintenance, Convenience services and Re-marketing.
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Accessories
Many of the auto component companies other than Maruti Suzuki
started to offer components and accessories that were compatible.
This caused a serious threat and loss of revenue to Maruti Suzuki.
Maruti Suzuki started a new initiative under the brand name Maruti
Genuine Accessories to offer accessories like alloy wheels, body
cover, carpets, door visors, fog lamps, stereo systems, seat covers
and other car care products. These products are sold through dealer
outlets and authorized service stations throughout India
Maruti Driving School
As part of its corporate social responsibility Maruti Suzuki launched
the Maruti Driving School in Delhi. Later the services were
extended to other cities of India as well. These schools are modelled
on international standards, where learners go through classroom and
practical sessions. Many international practices like road behaviour
and attitudes are also taught in these schools. Before driving actual
vehicles participants are trained on simulators
Issues and problems
On 24 February 2010, Maruti Suzuki India announced recalling of
100,000 A-Star hatchbacks to fix a fuel leakage problem. the
company will replace the gaskets for all 100,000 A-Star cars.
Exports
Maruti Exports Limited is the subsidiary of Maruti Suzuki with its
major focus on exports and it does not operate in the domestic
Indian market. The first commercial consignment of 480 cars were
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NAVNIRMAN INSTITUTE OF MANAGEMENT | 38
sent to Hungary. By sending a consignment of 571 cars to the same
country Maruti Suzuki crossed the benchmark of 300,000 cars.
Since its inception export was one of the aspects government was
keen to encourage.[ Every political party expected Maruti Suzuki to
earn foreign currency. Angola, Benin, Djibouti, Ethiopia, Europe,
Kenya, Morocco, Nepal, Sri Lanka, Uganda, Chile, Guatemala,
Costa Rica and El Salvador are some of the markets served by
Maruti Exports.
2 . 4 A n n o u n c e m e n t s f o r M a r u t i S u z u k i I n d i a L t d .
Maruti Suzuki India Limited (MSIL), the once upon a time publicly listed
company in India, is the largest automobile manufacturer in South Asia.
Earlier known as Maruti Udyog Limited till 2007, the company was
responsible for the automobile revolution in India. Though the company was
formed in 1981, the production of its first car the Maruti 800 started off in
1983. The company spread its wings throughout the country so much so that
they had Maruti service stations across the country.
01 Feb
Maruti Suzuki unveils the all new compact, powerful,
highly fuel efficient Swift DZire
01 Feb Maruti Suzuki Sales in January 2012
31 Jan Notices published in newspapers
23 Jan Notice of Postal Ballot
23 Jan
Announces Q3 results with Results Press Release and
Limited Review for Dec 31, 2011
05 Jan Press Release - Concept XA Alpha unveiled
01 Dec 2011 Maruti Suzuki Sales in November 2011
03 Nov 2011
Maruti Suzuki clarities its stand on Gujarat expansion
plans
01 Nov 2011 Maruti Suzuki Sales in October 2011
29 Oct 2011
Maruti Suzuki Board approves land purchase for new
facility in Gujarat
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Maruti''s manufacturing units are located in gurgaon and Manesar, south of
Delhi. Maruti Suzuki’s Gurgaon facility has an installed capacity of 350,000
units per annum. The Manesar facilities, launched in February 2007, comprise
a vehicle assembly plant with a capacity of 100,000 units per annum. There
also is a diesel engine plant which has an annual capacity of 100,000 engines
and transmissions. The Manesar and Gurgaon facilities have a combined
capacity to produce over 700,000 units annually.
The company has competitors but it has made its place in the hearts of the
Indian crowd by offering some excellent services and has firmly grounded its
feet in the Indian Car Market. Maruti Suzuki now offers 15 models, Maruti
800, Alto, WagonR, Estilo, A-star, Ritz, Swift, Swift DZire, SX4, Omni, Eeco,
Gypsy, Grand Vitara. Swift, Swift DZire, A-star and SX4 are manufactured in
Manesar, Grand Vitara is imported from Japan as a completely built unit
(CBU), remaining all models are manufactured in Maruti Suzuki’s Gurgaon
Plant The company is on its way to bring the K series engine by first
introducing the Alto K-10 and then Kizashi does look to be in the pipeline.
2.5 LATEST KEY DEVELOPMENTS:
Maruti Suzuki India Ltd To Develop Own SUV, Display Concept At Auto
Expo-Mint
Maruti Suzuki India Ltd Says Resolves Labour Unrest-Reuters
Maruti Suzuki India Ltd Says Limited Production Starts At Manesar-Reuters
Maruti Suzuki India Ltd Shuts Gurgaon Plant For Two Days; Manesar Strike
On-The Economic Times
Maruti Suzuki India Ltd's Plant Still Occupied By Striking Workers-WSJ
Workers Protest At Maruti Suzuki India Ltd's Manesar Plant Again-Hindustan
Times
Maruti Suzuki India Ltd To Close Factories On Friday Due To Labour Unrest-
Reuters
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Chapter-3
THEORETICAL
FRAMEWORK
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THEORITICAL FRAMEWORK
3.1CONSUMER BUYING BEHAVIOUR OF WAGONR CAR:
Maruti Suzuki India is in the news again, this time for the launch of its
hatchback car Maruti Wagon R LXi with CNG kit. The company has launched
the new Wagon R and is all set to take the design, looks, prices, technology,
comfort features, safety features etc to the new next level. Maruti Wagon R is
also known as ―the Blue eyed boy‖. The all new Maruti Wagon R has an eye
catching design with dynamic exteriors and very impressive interiors.
The new Wagon R is here with classy exteriors that make the look of the car
more robust and attractive. The overall looks of the new Wagon R has been
twisted and turned to give it a very modern look. The Maruti Wagon R now
looks very stylish with the curvier body. The chrome finish in the front and the
rear body of the car gives it a very amazing look. The moon rock silver roof
rails give that extra bit to the overall look of the car.
The all Maruti Wagon R has very impressive interiors too with dual tone
finishing. The Chrome accentuated instrument panel makes the look of the
interior more stunning; the silver finish inside door handles add a finishing
touch. The dual tone 3 D effect plush upholstery merges very well and
complements the overall interiors of the car.
The all new Maruti Wagon R is powered by the 1.0L, 998cc, KB-series petrol
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engine with five speed manual transmission gearbox. This all aluminium, light
weight KB series engine has cable type gearshift which is of great help at the
time of shifting of gear. This powerful engine can produce the maximum
power of power of 68 PS at 6200 rpm with the maximum torque of 90 Nm at
3500rpm. If you drive the Maruti Wagon R Vxi variant with CNG mode it
produces 59.3 PS of peak power at 6,200 rpm and churns a top torque of 77
Nm at 3,500 rpm with the same KB series engine. Even if the powertrain
output is lower than its petrol mode, the CNG mode still emerges as the
winner in terms of mileage delivery and running cost per km.
The all new Maruti Wagon R has not only paid attention to its looks but safety
of their passengers too, with highly advanced safety features like ABS (Anti
Lock Braking System), Dual Airbags, Intelligent Computerized Anti theft
system. Collapsible Steering Wheel etc
The blue eyed boy i.e. new Maruti Wagon R is the personification of the
modern premium compact hatchback with unmatched style and luxurious
exteriors and versatile and spacious interiors. Maruti brings all this alongwith
comfort, safety and reliability at an affordable price range.
3.2 THE IMPORTANCE OF UNDERSTANDING CONSUMER
BEHAVIOUR:
“consumer behavior is the dynamic interaction of affect and
cognition,behavior and environmental event by which human conduct the
exchange aspect of their lives‖campanies are interested in consumer behavior
because they can devlop marketing strategies to influence consumer to
purchase their product based on consumer analysis.the success of a company`s
marketing strategywill depend on how buyer react to it.to find out what
satisfied customers buy goods and servies.by understanding these
factorsbetter,marketers are better able to predict how consumer will respond to
marketing strategies.
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3.3 Factors affecting consumer buying behavior
Why do we need to learn about consumer buying behavior? The simple
answer is that no longer can we take the customers for granted. Consumer
buying behavior determines how our consumers decide to buy our product
and what are the various factors responsible for this decision?
Out of 11000 new products introduced by 77 companies, only 56% are present
after 5 years. Only 8% of new product concepts offered by 112 leading
companies reached the market. Out of that 83% failed to meet marketing
objectives. What we need to understand here is why consumers make the
purchases that they make, what factors influence consumer purchases and
changing factors in our society…
The central focus of marketing is the consumer. To devise good marketing
plans, it is necessary to examine consumer behavioral attributes and needs,
lifestyles, and purchase processes and then make proper marketing-mix
decisions. The study of Consumer behavior includes the study of what they
buy, why they buy, how they buy, when they buy, from where they buy, and
how often they buy. An open-minded consumer-oriented approach is
imperative in today’s diverse global marketplace so a firm can identify and
serve its target market, minimize dissatisfaction, and stay ahead of
competitors. Final consumers purchase for personal, family, or household use.
1.CULTURAL FACTORS:
Consumer behavior is deeply influenced by cultural factors such as:buyer
culture subculture and social class.
Culture:-
Basically ,culture is the part of every society and is the important cause
of person wants and behavior.the influence of cultureon buying
behavior varies from country to country therefore marketers have to be
very careful in analyzing the culture of different groups,regions or
even countries
Subculture:-
Each culture contains different subculture such as
religions,nationalities,geographic region,racial groups etc,marketers
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can use these groups by segmenting the market into various small
portions.for example marketers can design products according to the
needs of a particular geographic group.
Social class:-
Every society possesses some from of social class which is important
to the marketers because the buying behavior of people in a given
social class is similar.In this way marketing activities could be tailored
according to different social classes.here we should note that social
class is not only determined by income but there are various other
factors as well such as:weath,education,occupation etc.
2.SOCIAL FACTORS:
Social factors also impact the buying behavior of consumers .the important
social factors are: reference groups,family,role and status.
Reference groups:-
Reference groups have potential in forming a person attitude or
behavior.the impact of reference groups varies across products and
brands.for example if the product is visible such as dress,shoes,car ect
then the influence of reference groups will be high.
Family:-
Buyer behavior is strongly influenced by the member of a
family.therfore marketers are trying to find the roles and influence of
the husband,wife and children.If the buying decision of a particular
product is influenced by wife then the marketers will try to target the
woman in their advertisement.here we should note that buying roles
changes with change in consumer lifestyles.
Roles and status:-
Each person possesses different roles and status in the society
depending upon the groups,clubs,family,organization etc.to which he
belongs.For example a woman is working in an organization as finance
manager .now she is playing two roles one of finance manager and
other of mother.therefore her buying decision will be influenced by her
role and status.
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3.Personal Factors:-
personal factors can also affect the consumer behavior.some of the important
personal factors that influence the buying behavior are:lifestyle,economic
situation,occupation,age,personality and self concept.
Age:-
Age and lfe-cycle have potential impact on the consumer buying
behavior.it is obvious that the consumers changes the purchase of
goods and services with the passage of time. Family life-cycle consists
of different stages such young singles,married,unmarried etc which
help marketers to develop appropriate products for each stage.
Occupation:-
The occupation of a person has significant impact on his buying
behavior.for example a marketing manager of an organization will try
to purchase business suits,where as a low level worker in the same
organization will purchase rugged work clothes.
Economic situation:-
Consumer economic situation has great influence on his buying
behavior.if the income and saving of a customer is high then he will
purchase more expensive product.on the other hand ,a person with low
income and saving will purchase inexpensive products.
Lifestyle:-
Lifestyle of customers is another import factor affecting the consumer
buying behavior.lifestyle refers to the way a person lives in a society
and is expressed by the things in his/her surrounding.It is determind by
customer interests,opinions,activities ect and shapes his whole pattern
tf acting and interacting in the world.
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4.PSYCHOLOGICAL FACTORS:
There are four important psychological factors affecting the consumer buying
behavior .these are:perception,motivation,learning,beliefs and attitudes
o Motivation:-
The level of motivation also affects the buying behavior of
customers.every person has different needs such as physiological
needs,biological needs,social needs ect.The nature of the needs is
that,some of them are most pressing while other are least pressing
.Therefore a needs becomes a motive when it is more pressing to direct
the person to seek satisfaction.
o Perception:-
Selecting ,organzing and interpreting information in a way to produce
a meaningful experience of the world is called perception.there are
three different perceptual processes which are selective
attention,selective distortion and selective retention.in case of selective
distortion,customer try to interpret the information in a way that will
support what the customer already belive.similary,in case of selective
retention marketers try to retain information that support their beliefs.
o Beliefs and Attitudes:-
Customer possesses specific belief and attitude toward various
products.since such beliefs and attitudes make up brand image and
affect consumer buying behavior therefore marketers are interested in
them.marketers can change the beliefs and attitude of customer by
launching special campaigngs in this regard.
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3.4 BUYING BEHAVIOUR PROCESS:
The buyer decision process
I.Step 1.Need Recognition:
External stimuli
Tv advertising
Magazine ad
Radio slogan
Stimuli in the environment
Internal stimuli
Hunger
Thirst
A person`s normal needs
Need recognition difference between an actual state and a desired state.
II.Step-2 INFORMATION SEARCH:
Family,friends,neighbors
Most influential source of information-advertising salespeople
Rececives most information from these sources mass media
Consumer-rating groups
Handling the product
Examining the product
Using the product
Personal sources
Commercial sources
Public sources
Experiential sources
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III.Step-3 EVALUATION OF ALTERNATIVES:
Product attributes evaluation of quality,price,& features degree of importance
which attributes matter most to me?brand beliefs what do I belive about each
available brand?total product satisfaction based on what I m looking for,how
satisfied would I be with each product?evalution procedures choosing a
product based on one or more attributes
IV.Step-4 PURCHASE DECISION:
Purchase intention desire to buy the most preferred brand purchase decision
attitudes of other unexpected situational factors
V.Step-5 POSTPURCHASE BEHAVIOR:
Consumer`s expectations of product`s performance
Dissatisfied customer
Satisfied customer
Product`s perceived
Performance
IN TABLE FORM-FACTORS AFFECTING CONSUMER BUYING
BEHAVIOUR
3.5 Factors affecting consumer behavior:culture
Most basic cause of a person-want and behavior.
Values
Perceptions
Social class
People wirhin a social class tend to exhibit similar buying behavior.
Occupation
Income
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Education
Weath
Subculture
Groups of people with shared value systems based on common life
experiences
North Indian consumers
African American consumers
Asian American consumers
Mature consumers
3.6 FACTORS AFFECTING CONSUMER BEHAVIOR:SOCIAL
Groups
Membership
Reference
Family
Husband,wife,kids
Influencer,buyer,user
Roles and status social factor
3.7 FACTORS AFFECTING CONSUMER BEHAVIOR:PERSONAL
Age and family life cycle stage
Occupation
Economic situation
Lifestyle
Identification activities
Opinions
Interests
Personality &self-concept
3.8 FACTORS AFFECTING CONSUMER BEHAVIOR:
PSYCHOLOGICAL
Motivation
Perception
Learning
Belief and attitudes
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3.9 Major Factors affecting consumer buying behavior
Cultural factors affecting consumer buying behaviour:
Cultural factors have a significant impact on customer behavior.Culture is the
most basic cause of a person’s wants and behavior. Growing up, children learn
basic values, perception and wants from the family and other important
groups. Marketers are always trying to spot ―cultural shifts‖ which might point
to new products that might be wanted by customers or to increased demand.
Social factors affecting consumer buying behaviour:
A customer’s buying behavior is also influenced by social factors, such
as the groups to which the customer belongs and social status.
Each culture contains “sub-cultures” – groups of people with share
values. Sub-cultures can include nationalities, religions, racial groups,
or groups of people sharing the same geographical location. Sometimes
a sub-culture will create a substantial and distinctive market segment
of its own. For example, the “youth culture” or “club culture” has quite
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distinct values and buying characteristics from the much older “gray
generation”
Similarly, differences in social class can create customer groups. In fact,
the official six social classes in the UK are widely used to profile and
predict different customer behavior. In the UK’s socioeconomic
classification scheme, social class is not just determined by income. It is
measured as a combination of occupation, income, education, wealth
and other variables.
Information search
Once the consumer has recognised a problem, they search for information on
products and services that can solve that problem. Belch and Belch (2007)
explain that consumers undertake both an internal (memory) and an external
search.
Sources of information include:
Personal sources
Commercial sources
Public sources
Personal experience
The relevant internal psychological process that is associated with information
search is perception. Perception is defined as "the process by which an
individual receives, selects, organises, and interprets information to create a
meaningful picture of the world". Consumers' tendency to search for
information on goods and services makes it possible for researchers to forecast
the purchasing plans of consumers using brief descriptions of the products of
interest.[4]
The selective perception process
Stage Description
Selective exposure consumers select which promotional messages they will
expose themselves to.
Selective attention consumers select which promotional messages they will
pay attention to.
Selective comprehension consumer interpret messages in line with their
beliefs, attitudes, motives and experiences.
Selective retention consumers remember messages that are more meaningful
or important to them.
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The implications of this process help develop an effective promotional
strategy, and select which sources of information are more effective for the
brand.
Information evaluation
At this time the consumer compares the brands and products that are in their
evoked set. How can the marketing organization increase the likelihood that
their brand is part of the consumer's evoked (consideration) set? Consumers
evaluate alternatives in terms of the functional and psychological benefits that
they offer. The marketing organization needs to understand what benefits
consumers are seeking and therefore which attributes are most important in
terms of making a decision. It also needs to check other brands of the
customer’s consideration set to prepare the right plan for its own brand.
Purchase decision
Once the alternatives have been evaluated, the consumer is ready to make a
purchase decision. Sometimes purchase intention does not result in an actual
purchase. The marketing organization must facilitate the consumer to act on
their purchase intention. The organization can use a variety of techniques to
achieve this. The provision of credit or payment terms may encourage
purchase, or a sales promotion such as the opportunity to receive a premium or
enter a competition may provide an incentive to buy now. The relevant
internal psychological process that is associated with purchase decision is
integration. Once the integration is achieved, the organization can influence
the purchase decisions much more easily.
Postpurchase evaluation
The EKB model was further developed by Rice (1993) which suggested there
should be a feedback loop, Foxall (2005) further suggests the importance of
the post purchase evaluation and that the post purchase evaluation is key due
to its influences on future purchase patterns.
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CHAPTER-4 RESEARCH
METHODOLOGY
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4.1RESEARCH METHOLOGY
MARKETING RESEARCH of consumer buying behavior t o w a r ds s mal l
& m ed i um ca r s egm en t ‖Th e s tu d y s h o wi n g t h e
co ns um er bu yi n g beh av i o r i n sm al l & m ed iu m
c a r s egm en t . Wi t h special reference to Maruti Suzuki India ltd It
describe the attitude behind the purchasing of car by any middle income level
segment.
RESEARCH DEFINITION:
―Research is careful inquiry or examination to discover new information and
relationship and to expand and to verify existing knowledge.
4 . 2 O b j e c t i v e o f t h e s t u d y : -
The basic objective of the project During the research and study will be
focused on the following parameters:
PRIMARY OBJECTIVE:
My main object is ―To identify the factor affecting consumer buying behavior
of wagonR car of maaruti Suzuki‖
SECONDARY OBJECTIVE:
To know consume preference regarding small & medium cars
To know what features and services attract the customers
Effect of brand image (Maruti Suzuki)in buying behavior
Impact of advertisement in buying behavior
Impact of celebrity endorsement in buying behavior
Effect of family &friends in buying behavior (Focus group)
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4.3 IMPORTANCE OF STUDY
This project report and survey is quite necessary as well as important in the
Current market situation, many multinational companies come into the market
with wide rang of verities in Automobile industry, it is tough for any company
to hold the market share, so this study helps to know about the Automobile
Industries
It provides the required information about the consumer buying behavior for
Automobiles
It will inform the management about the purchasing criteria of consumer
towards buying behavior.
It gives information to the company as which is the most selling brand in the
market.
4 . 4 R e s e a r c h d e s i g n ; -
A research design is a framework or blueprint for conducting the marketing
research project. It details the procedures necessary for obtaining the required
information, and its purpose is to d es i gn a s t ud y t h a t wi l l t e s t t h e
h yp o t h es es o f i n t e re s t , d e t e rm in e possible answers to the research
questions, and provide
thei n fo rm a t io n n eeded fo r d ec i s io n mak in g . C on du c t i n g ex p l
o r a t o r y research, precisely defining the variables, and designing
appropriatescals to measure them are also a part of the research design. The
issue of how the data should be obtained from the respondents (for example,
by conducting a survey or an experiment) must be a d d r e s s e d . I t i s
a l s o n e c e s s a r y t o d e s i g n a q u e s t i o n n a i r e a n d a sampling
plan to select respondents for the study.
4.5 TYPE OF RESEARCH DESIGN
It refers to the search for knowledge. It
c a n b e d e f i n e d a s s c i e n t i f i c a n d s y s t e m a t i c s e a r c h f o r
p e r t i n e n t information on a specific topic. It is careful investigation or in
quiry through search for new facts of any branch of knowledge.
R esea r ch p l ays an im po r t an t r o l e i n t h e p r o j ec t wo rk . The
results of the project are completely based upon the research of the facts and
figures collected through the different ways of research.
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That is why it is also called a movement from known to unknown. Research is
the original contribution to the existing stock of k n ow l ed ge . Th i s
s ec t io n i n c l ud es th e o v er a l l r e s ea r ch d e s i gn , t h e sampling
procedure, the data collection method, the field method ,and analysis and
procedure.
R E S E A R C H i s a s c i e n t i f i c a n d s y s t e m a t i c s e a r c h f o r
p e r t i n e n t information on a specific topic. It is also said to be the pursuit of
truthw i t h t h e h e l p o f s t ud y, o bs e rv a t io n , co mp a r i so n and ex p
e r im en t . research methodology is a way to systematically solve the
research problem.
Research can classified in one of three categories:
Exploratory research
Descriptive research
Causal research
These classifications are made according to the objective of the r e s e a r c h .
I n s o m e c a s e s t h e r e s e a r c h w i l l f a l l i n t o o n e o f t h e s e
categories, but in other cases different phases of the same research
project will fall into different categories.
E xpl o ra to ry res earch h as t he go a l o f f o rmu l a t i n g p ro b l em s
more precisely, clarifying concepts, gathering explanations,ga i n in g i ns igh
t , e l imi n a t i n g im p rac t i c a l i d ea s , an d fo r min g hypotheses.
Exploratory research can be performed using a literature search, surveying
certain people about their experiences, focus groups, and case studies. When
surveying people, exploratory research studies would not try to acquirearepre
sentative sample, but rather, seek to interview those who are knowledgeable
and who might be able to provide in sight concerning the relationship among
variables. Case studies
cani n c lu d e con t r as t in g s i t u a t i on s o r b en chm ark in g aga in s t a n
organization known for its excellence. Exploratory research m a y d ev e l op
h yp o t h es es , bu t i t d oe s no t s eek to t e s t t h em . Exploratory
research is characterized by its flexibility.
Descriptive research is more rigid than exploratory
researchand seeks to describe users of a product, determine thep r o p o r t io n
o f t he po pu l a t io n th a t u s es a p ro du c t , o r
p r ed i c t future demand for a product. As opposed to exploratoryresearch,
descriptive research should define questions, people surveyed, and the
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method of analysis prior to beginning data collection. In other
words, the who, what, where, when, why ,an d h ow as p ec t s o f t he
r e s ea r ch s ho u ld b e d e f i ned . S uch preparation allows one the
opportunity to make any
requiredchanges before the costly process of data collection hasbegun.There
are two basic types of descriptive research: longitudinals tu d i es an d c ro ss
-
s ec t io n a l s t ud i e s . Lo n g i t ud i n a l s t ud ie s a r e t im es er i es an a lys
e s t ha t mak e r epea t ed m eas u r em en t s o f t h e s am ei nd iv i dua l s ,
t hu s a l l o wi n g on e t o mo n i t o r b eh av io r s u ch as b r an d -
switching. However, longitudinal studies are not necessary presentative since
many people may refuse to participate
becauseo f t h e comm i t men t r equ i red . C ros s -
s ec t io n a l s t ud i e s s am pl e th e population to make measurements at a spe
cific point in time. Aspecial type of cross-sectional analysis is a cohort
analysis, which tracks an aggregate of individuals who experience
the same event with in the same time interval over time. Cohort
analyses are use fulfor long-term forecasting of product demand.
Causal research seeks to find cause and effect relationships between
variables. It accomplishes this goal through laboratory and field experiments
.Here I use descriptive type of research design
4.6 COLLECTION OF DATA:-
The data for this study will be collected through the primary method of
collecting. According to this method field surveys are conducted where we are
to approach various types of people and try to collect information from them.
It would be a structured from of surveys in the form of questionnaire-the list of
all probable question which the respondent will be asked and he can answer
them according to his will.
M e t h o d o f s e l e c t i n g s a m p l e : -
Two methods of collecting data used for this research are as follows: -
PRIMARY DATA –
Data is collected primarily through personal contact, meeting, interview and
questionnaire with the concerned authority of the organization and
respondents’ .
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S E C O N D A R Y D A T A – Data are collected through secondary modes such as various published data,
reports, related books and websites.
4.7 COLLECTION OF DATA TECHNIQUES:
S a m p l e s i z e : - T he s am pl e s i z e o f t h i s s u r v ey w o u l d b e o f 1 00 . i t m ean s
t h a t t h e r e a r e 10 0 d i f f e r en t p eo p l e wh o h av e b een s e l ec t ed
an d h av e b een i n t e rv i ew ed on t he s ame su b j ec t .
S A M P L I N G F R A M E :
The sampling frame of this study is the surat city.
SURVEY TOOL:
The sampling tool used for this study is the structured questionnaire
ANALYSIS OF THE DATA:
The analysis of the data would be done by using the statistical tools like mean,
median and mode. Also the tables, charts and pictorial representations would
be used.
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4 . 8 L i m i t a t i o n o f s t u d y : -
Every research study has its limitationslikewise this research has some
limitation .These are
The sample consists of 50 customers and was restricted topeople residing in
Jaipur.as study is restricted to the Jaipur
Sample of the population (universe)might be nkot therepresentative of whole
This study is conducted before the launching of TATA Nano
Customer perception is not always static.They frequentlychange their attitude
Selection of car is also depends on income level of respondents
This research is based on current economic condition which isnot seem to be
good.
4 . 9 S c o p e o f s t u d y :
The scope of the project during the research and study will be focused on the
following parameters:
To know consume preference regarding small & medium cars
To know what features and services attract the customers
Effect of brand image (Maruti Suzuki)in buying behavior
Impact of advertisement in buying behavior
Impact of celebrity endorsement in buying behavior
Effect of family &friends in buying behavior (Focus group)
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 4.9Scope of study: 60
CHAPTER-5
ANALYSIS &
FINDINGS
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 4.9Scope of study: 61
ANALAYSIS & FINDING
Q-1 DO YOU HAVE YOUR OWN CAR?
TABLE:
RESPONSE RESPONDENT PERSENTAGE
YES 83 83%
NO 17 17%
TOTAL 100 100%
Interpretaion:
this chart shows that mostly people have ther own car,and 17% people done
have there own car.
0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
0.8
0.9
YES NO
0.83
0.17
Series1
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 4.9Scope of study: 62
Q-2 .which brand company car do you use recently?
TABLE:
RESPONES RESPONDER %
AUDI 6 6%
BMW 1 1%
MARUTI SUZUKI 60 60%
HONDA 3 3%
HYUNDAI 6 6%
OTHER 7 7%
Interpretation:
this chart shows that 60% of people are using maruti Suzuki brand
company car then other car company.
0.06
0.01
0.6
0.03
0.06 0.07
AUDI
BMW
MARUTI SUZUKI
HONDA
HYUNDAI
OTHER
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 4.9Scope of study: 63
Q-3 WHICH CAR MODEL OF MARUTI SUZUKI DO U
USE?
TABLE:
RESPONSE RESPONDER %
OMNI 2 2%
ZEN ESTITO 0 0%
SX4 4 4%
ALTO 1 1%
SWIFT 5 5%
RITZ 3 3%
WAGONR 45 45%
A-STAR 0 0%
OTHER 0 0%
INTERPRETATION:
This chart shows that most of people who have maruti Suzuki
brand car are using wagonR model.
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
2% 0% 4% 1%
5% 3%
45%
0% 0%
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 4.9Scope of study: 64
Q-4 IF WAGONR car then ,how many family member are
using this car?
TABLE:
RESPONSE RESPONDER %
1MEMBER 24.44 24.44%
2MEMBER 22.22 22.22%
3MEMBER 28.89 28.89%
4MEMBER 8.89 8.89%
5MEMBER 6.66 6.66%
6MEMBER 4.44 4.44%
7MEMBER 4.22 4.22%
INTERPRETATION:
This chart shows that in single family mostly 2 or 3 member are
using wagonR car
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
24.44%
22.22%
28.89%
8.89%
6.66%
4.44%
4.22%
Series2
Series1
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 4.9Scope of study: 65
Q-5 FROM WHERE DID YOU GET THE IDEA ABOUT
WAGON R CAR?
TABLE:
RESPONSE RESPONDER %
FRIEND 12 12%
INTERNET 5 5%
HODING 3 3%
ADVERTISHMENT 9 9%
SHOWROOM 9 9%
OTHER 7 7%
INTERPRETATION:
THIS chart shows that people are getting information mostly from
friends,advertishment,showroom.
0%2%4%6%8%
10%12% 12%
5% 3%
9% 9% 7%
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 4.9Scope of study: 66
Q-6 WHY DO YOU PREFER ONLY WAGONR CAR?
TABLE:
RESPONSE RESPONDER %
PRESTIGE OR
VALUE
10 10%
PERSONAL YOU
LIKE
9 9%
FAMILY& FRIENDS
SUGGEST
22 22%
ECONOMICALLY
GOOD
4 4%
INTERPRETATION:
This chart shows thatpeople are preferring wagonR car because
they family& friends suggest & value of car is also average.
10%
9% 22%
4%
TABLE:
PRESTIGE OR VALUE
PERSONAL YOU LIKE
FAMILY& FRIENDSSUGGEST
ECONOMICALLY GOOD
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 4.9Scope of study: 67
Q-7. DOES ANY AGE FACTER AFFECT YOU WHILE
PURCHING WAGONR CAR.
TABLA
RESPONSE RESPONDENT %
YES 12 12%
NO 33 33%
INTERPRETATION:
This chart shows that while purchasing wagonR car,age factor
some how affect.and mostly family are preferring wagonR because
of ecomomically comfort.
33
0
5
10
15
20
25
30
35
40
45
50
1 2
NO
YES
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 4.9Scope of study: 68
Q-8. DOES ADVERTISHMENT AFFECT YOUR BUYING
BEHAVIOUR?
TABLE:
RESPONSE RESPONDENT %
YES 23 23%
NO 24 24%
I INTERPRETATION:
This chart shows that people are affected by
advertisement,advertisement affect their purchasing
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 4.9Scope of study: 69
Q-9 FOR WHAT PURSOSE YOU ARE USING WAGONR CAR?
TABLE:
RESPONSE RESPONDENT %
OCCUPATION 8 8%
COMFORT LEVEL 19 19%
LUXURY 1 1%
LESS PRICE 9 9%
OTHER 8 8%
INTERPRETATION:
This chart shows that people are preferring wagonR car for
their comfort level & less price and occupation purposes
8%
19% 1%
9%
8% 0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
20%
OCCUPATION COMFORTLEVEL
LUXURY LESS PRICE OTHER
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 4.9Scope of study: 70
Q-10. OUT OF FOLLOWING WHAT PERSONALY
MOTIVATES YOU TO BUY WAGONR CAR?
TABLE:
RESPONSE RESPONDENT %
LOOK 10 10%
SMOTHNESS 11 11%
AFTERSALES
SERVIECES
4 4%
AVRAGE 13 13%
OTHER 7 7%
INTERPRETATION:
This chart shows that mostly to average and smoothness of wagonR
car are the significant feature of wagonR car to motivatr people to buy
wagonR.
0%
2%
4%
6%
8%
10%
12%
14%
10% 11%
4%
13%
7%
Series1
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 4.9Scope of study: 71
Q-12.HOW MUCH ARE YOU SATISFIED WITH WAGONR
CAR?
TABLE:
RESPONSE RESPONDENT %
HIGHLY
SATISFIED
2 2%
SATISFIED 25 25%
NEUTRAL 17 17%
DISSATISFIED 11 11%
HIGHLY
DISSATISFIED
0 0%
INTERPRETATION:
This chart shows that mostly customer are satisfied &17% are neutral.
2%
25%
17%
11%
0% 0%
5%
10%
15%
20%
25%
30%
Series1
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 4.9Scope of study: 72
Q-13 IN FUTURE WILL YOU MOVE TOWARD OTHER
COMPANY CAR?
TABLE:
INTERPRETATION:
This chart shows that in future they will not move other brand in
future as they are satisfied &some people will move due to some
reasone.
RESPONSE RESPONDENT %
YES 21 21%
NO 24 24%
20%
20%
21%
21%
22%
22%
23%
23%
24%
24%
YES NO
21%
24%
YES
NO
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 4.9Scope of study: 73
Q-14. HOW DO YOU RATE THE SERVVICE CHARGE?
TABLE:
HIGH 9% 45
MODERATE 25% 45
LOW 11% 45
INTERPRETATION:
This chart shows that after sales service chare are moderate.
RESPONSE RESPONDENT %
0%
5%
10%
15%
20%
25%
TABLE: HIGH MODERATE LOW
9%
25%
11% Series1
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 4.9Scope of study: 74
FINDINGS
1. chart shows that mostly people have ther own car,and 17% people done have
there own car
2. chart shows that 60% of people are using maruti Suzuki brand company
car then other car company.
3. chart shows that most of people who have maruti Suzuki brand car are using wagonR model.
4. This chart shows that in single family mostly 2 or 3 member are using wagonR car.
5. customer are getting information mostly from advertishment and showroom.
6.customers are mostly preferring wagonR car because they family& friend like& value for higher middle class.
7.while purchasing wagonR,age factor does not affect family.
8. people are affected by advertishment and mostly by average of car.
9. customers are preferring wagonR for their comfort level& less price
.
10. avrage& smoothness of car are the significant feature of wagonR to motive people to buy car.
11. mostly customer are satisfied &17% are neutral.
12.customers will not move toward other brand in future as they are satisfied &some people will move due some
reason.
13.mostly customers will recommend wagonR to other as thet are satisfied but some will not recommend as due to
high after sales service charges or some other reason..
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 4.9Scope of study: 75
Chapter-6 concusion &
recommendation
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 4.9Scope of study: 76
Conclusion:
From analyasis project I concluded that people don`t know much about the brand of the
company,even their names so to remain into competitive world.i said that more number of
customer is aware by the same source of advertisement.
I have concluded that in the present competitive world it is necessary for every company to
attract the customer in price and quality.
The main rival is Hyundai so the company should implement new strategies to survive in
the market.
From analyzing project customer need some changes like mackwheels,spoilers,heavy
tyres,sport version,some modification in look,reduction in price,back bump,more
colour,changes in interior design.
RECOMMENDATIONS
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 4.9Scope of study: 77
WHILE PURCHASING AGE FACTOR AFFECT THE
CUSTOMER SO COPANY HAS TO MAKE THEIR
CARS MORE PROFESSIONAL OR MAKE SOME NEW
EDITIONS.
MOSTLY CUSTOMERS ARE GETTING
INFORMATION FROM THEIR FRIEND&RELATIVES
SO COMPANY HAS TO ADVERTISE THEIR
PRODUCT MORE&ALSO THROUGH DIFFERENT
MODES TO INCREASE THEIR SALES.
COMPANY HAS TO MAKE THEIR AFTER SALES
SERVICE CHARGES LOW BECAYSE CUSTOMER
CONSIDERING THAT AFTER SALES SERVICE
CHARGES ARE HIGH SO IN FUTURE THEY WILL
NOT RECOMMEND TO OTHER OR MOVE TOWARDS
OTHER BRAND .
IT IS QUITE COSTLY PRODUCT,SO THE PRICE
SHOULD BE REDUCE A LITTLE.
LOOK &SMOOTHNESS ARE THE IMPORTANT
FEATURES SO THE COMPANY HAS TO FOCUS ON
OTHER FEATURES TO ATTRACT MORE
CUSTOMERS.
CUSTOMERS ARE GIVING LOW RANK TO
PRICE&AFTER SALES SERVICES SO THE COMPANY
HAS TO FOCUS ON AFTER SALES SERVICES&
PRICES AND MAKE THEM MORE EFFECTIVE.
Consumer buying behavior of wagonR car of maruti Suzuki.
NAVNIRMAN INSTITUTE OF MANAGEMENT | 4.9Scope of study: 78
BIBLOGRAPHY
BOOK:
1. D.L. Carney, J.I. Cochran, “The 5ESS Switching System:
Architectural Overview,” PHILIP KOTLER
KEVIN LANE,KELLER,ABRAHAM
KOSHY,‖MARKETINGMANAGEMENT‖,13 TH EDITION,DORLING
KINDERSLEY
AT&T Technical Journal, vol. 64, no. 6, July-August 1985,
pp. 1339-1356.
WEBSITES:
HTTP://WWW.QUIKR.COM/AUTOMOBILE_INDUSTRY_IN_INDIA/Z149?A
DWO
HTTP://EN.WIKIPEDIA.ORG/WIKI/AUTOMOBILE_INDUSTRY_OF_INDIA.
HTTP://EN.WIKIPEDIA.ORG/WIKI/FILE:MARUTI_SUZUKI_WAGONR
CAR.JPG.