Contribution Of Indian Automotive Industry And Its Projections

Since the last few years, Indian automobile industry has grown at a tremendous pace, and currently the Indian automotive components industry is being projected to cross over US $ 110 billion (INR 5 lakh crore) worth business by the year 2020. This figure has been zeroed in after assessing the demands of vehicles, as it is in tandem with the country's growth of vehicle production. According to the report by the Automotive Component Manufacturers' Association (ACMA), out of all this, the domestic turnover is likely to grow up to US $ 80 billion (INR 4 lakh crore) and the exports would make up to another US $ 29 billion (INR 1.4 lakh crore).

According to that report, in the fiscal year 2010 - 2011, the turnover of auto components companies India will go beyond USD 26 billion, which is an 18 per cent rise from the previous fiscal year's turnover, which was just USD 22 billion. Moreover, according to the ACMA-EY (Ernst & Young) Vision 2020 study, most probably, by the year 2020 India is going to witness massive growth in the vehicle production.

As far as Europe is concerned, it is likely to comprise a huge 36.9 per cent of India's automotive parts export in 2010-11, which is then followed by the Asia and North America with 28.1 and 24 percent respectively. Apart from this, the automobile industry has witnessed major changes in the automobile purchasing strategy India over the few years. According to the recent study, in the financial year 2010 - 2011 India is expected to make USD 12 billion investments in the Indian automotive components industry. And, this might result in making the auto component industry, an engine for India's massive growth in the economic as well as manufacturing segment.

Moreover, the Automotive Mission Plan (AMP) 2006 - 2016 will additionally stimulate the progress of the Indian auto components sector and can eventually transform India into an international player in the automotive industry. This plan aims to double the contribution of automobile industry in the country's GDP and produce 25 million more jobs for people by 2016. Apart from this, there is an enormous potential and intensification opportunity in the automotive components industry and as a result various small medium enterprises which are into the manufacturing of automotive parts in India have also started to get good international exposure for their products. Moreover, out of those small and medium enterprises of automobile components and accessories, many of them have become the best auto parts supplier Chennai, Pune, Gurgaon.

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Naturally your company will want to be competitive in whatever part of the automotive industry you are involved with. This of course means cutting costs in as many ways as you can without cutting or reducing the quality of you products and services.

The suppliers you choose to source your automotive products from can play an integral role in helping you improve your competitiveness if you choose wisely. The obvious answer to reducing your costs is to source your auto products from Asia and the first country that springs to mind is of course China. It is now well known that China is Asia's - and now the World's - most impressive marketplace on the current global stage. Now it is your turn to try and help you business in the very competitive automotive industry benefit from this knowledge.

China's growing influence over world markets, especially since 2002, is well known. The amount of products, machinery and materials flowing out of China is staggering. And yes, this includes automotive hand tools. The growth of the Chinese nation as a manufacturing powerhouse is undeniable.

A Warning About Sourcing Hand Tools or Any Products in China

Now, back to your business and sourcing the automotive tools that will help you become more competitive. Before you rush out and place large orders with Chinese hand tools manufacturers, a word of caution. Chinese manufacturing is cheaper because of low labor costs but, and this is a big but, if quality is important then tread carefully. In the world of automotive tools you will know that precision is extremely important as is quality control. Let's say you are an American company that supplies specialist hand tools to various other American companies interested in particular vehicles. You need to be sure that any products you supply are of a high standard and do their job at least as well as can be expected by professional mechanics. Now, what would happen if you received your latest shipment of 5,000 socket sets from China and started selling them to your own customers only to discover that the sockets failed before the torque strength they should? Not only will you have wasted a lot of money on useless products and shipping costs, you will also lose a lot of business from customers you worked hard to secure. The repercussions of that can easily destroy your reputation and entire business!

Choosing a Company Who Can Supply High Quality Auto Tools

The answer to the potential business destroying problem above can come from China's tiny but high-end manufacturing neighbor - Taiwan! It wasn't too long ago that Taiwan became a manufacturing powerhouse where costs were low like they are today in China. Nowadays, Taiwan is a world leader in the development and production of advanced technology products, particularly semi-conductors. Not so many people know that the entrepreneurial Taiwanese companies saw the potential for manufacturing China offered and decided to move their production to the main land. In fact, many of the most successful manufacturers in China are run or were set up by Taiwanese companies.

So, because the Taiwanese have quickly evolved into manufacturers of extremely high quality products it makes perfect sense that a Taiwanese supplier of automotive tools, or indeed many other types of products, can be your best friend when sourcing products. You should get items that meet and go beyond your specifications for hand tools.

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Force the Change in the Automotive Industry

It is time for you, the average consumer, to take a stand!

Fellow consumer, for years we have been taken to the cleaners from the automotive industry: It is time for us to demand change in product quality and how the automotive industry conducts business! As consumers, we need to pressure the industry to change course and give us the best product and service they can or let them die - let them go bankrupt! If a few American companies survive they might just get it - they might finally understand that Americans deserve and expect more.

Do not be fooled by the stories of bad economy and poor sales! The U.S. automotive industry has done this to themselves!

I am not saying that a bad economy does not exist but they have been on this road to destruction for a long time. I used to work in an Oldsmobile, Subaru dealership: in 1986 we sold all models from both manufacturers', please allow me to cite two models from the 80's to make my point.

1) The Oldsmobile Cutlass Sierra wagon came with a 4-cylinder motor, air conditioning, A.M. radio, power steering, power brakes, the approximate retail price was 10k to 11k.

2) The Subaru GL wagon came with 4-cylinder motor, air conditioning, F.M. stereo, power steering, power brakes, 4-wheel drive, power windows, power locks, split rear seats, rear defrost, multi position front seats with tilt, roof rack and more: the approximate retail price was 10k to 11k.

The Olds had a reputation for having major motor problems and often would not survive past 100,000. By contrast, the Subaru was well known for surviving 200,000 miles plus with little motor troubles. In addition, there was a massive difference in standard comfort features for the same price - we sold Subaru's at a rate of 40 to 1 compared to the Olds.

The U.S automotive industry continued down that path for several years, as the price of vehicles rose dramatically they started to use financing tactics to sell their inferior products. The inevitable happened and many of the vehicles sold failed to last the term of the loans without major repairs and the resale value of a U.S. vehicle was poor so you could not trade them in without going financially backwards.

Around 1990 U.S. automotive manufactures started to take heed, they produced some better quality vehicles and kept the prices more stable. Unfortunately, along with the better quality product came a substantial rise in part costs. Thus, repair bills began to skyrocket and continued to stay behind foreign competitors' and their technology. Around 2000 it seemed we went downward again in the Quality department, around 2005 we started to rise some but I think it was far too little and a little too late.

In 2008 Ford Motor Company had an ad campaign on stating they now had cars that with equivalent quality of Toyota. I don't know about you, but if I owned a Ford I would feel like "Oh great, so the Ford I bought prior to 2008 was admittedly inferior!"

U.S. automakers sponsor racing teams at a cost of millions of dollars per year: they continue to grossly overpay their executives: they have wildly exaggerated union worker compensation: and still, after at least 2 decades of foreign competitors nipping at their heels, they still stay so far behind in technology and quality. Quite frankly, I don't understand why!

Now, after years of inferior products, higher repair bills, exuberant executive payouts, must have unions in order to work in the plants, they put their hands out for the taxpayer to bail them out? There should be no question about the answer: a resounding NO!

Thank you Mr. Ford for making the model T and further ushering in the industrial age, thank you U.S. auto manufacturing for providing good jobs for so many years: But you are a business after all and must hold to do or die like the rest of the business world!

I am not advocating Americans should buy foreign products - especially in our current economic crisis! However, the majority of the working U.S. public has a limited amount of money for automobile purchases necessitating we use that limited amount wisely. With past and current conditions in the automotive industry higher quality, better comfort, more options for the same price suggests the foreign automotive makers provide "more bang for the buck".

(By the way, I own two American vehicles, one I am not pleased with at all and the other has so far *crossing fingers* been fantastic.)

A Brief Guide To Automotive Software

Running an auto dealership is becoming that much tougher by the day. This is so because there are many more functional areas that need to be taken care of such as, inventory, sales, marketing and customer service. With intense competition people who run auto dealerships are facing the heat, so to speak, these days. Fortunately for them there is a variety of automotive software that is available nowadays. Auto dealer management software can reduce the burden and increase efficiency to a major extent. There are many tasks which have got easier thanks to the advent of this type of software.With the coming in of automotive software tasks such as storing and manual recording can now be totally avoided. Similarly the software also allows for better control over the inventory, with all the information available to the top management, literally at the click of a button. This software can be used by both used car as well as new car dealerships. Several types of data can be stored and then retrieved by the software. This helps in keeping track of a whole host of information such as the detailed expense tracking, purchase price of a vehicle and information on the past inventories, to mention only some.Automotive software is not difficult to find with plenty of software vendors dealing with the product. A little bit of online search is all that you need to do in order to find someone selling this product. Shopping around is the key when it comes to purchasing this software package. There is no such thing as the perfect or right automotive software. You have several options with this program to help you customize it to suit your needs. This is because not all auto dealerships are the same and for this not all their needs are the same. Although there are a lot of ready made software packages available, not all of them will suit your needs. You have a wide selection of programming companies who are more than ready to help you personalize your program.There is literally hundreds of leading software companies which can help you with customizing automotive software. These companies will generally undertake a detailed study of your automobile dealership and thoroughly analyze the various systems and procedures. They will then go about the process of developing the right kind of software for your dealership. These companies will also train your staff on using such software. Generally speaking the automotive management software that is available these days is very user friendly. Almost any one in an automobile dealership can work on the software very easily. In fact this is one of the reasons why more and more people are going in for such software.While purchasing automotive software you should always check for certain features such as an interface with sales, which are important for an auto dealership. You should also make sure that there is a feature that keeps track of the photos of vehicles apart from the details about the price of particular vehicles. All these factors need to be kept in mind when you are going in for such software for your auto dealership.

Tips & Strategies To Successful Automotive Sales

I am amazed at how many automotive salespeople earn an average or below average income in one of the highest paid professions. A big problem I notice is their attitude. The average salesperson has so much negativity that they feed that on to their customers when they are selling. Your customers can sense negativity.

At the same time, your customers can feel a positive vibe as well. And that is exactly what you need to feed on to your customers when you are in the process of selling a vehicle. But what is more alarming is that most dealership does very little to motivate the salesperson.

If you are an average salesperson, I want you to ask yourself one question. How many hours in a full work day do you really work? Most of you will say, --Well I get in at around 9 in the morning and I leave at about 8 at night. So that is about 11 hours.--Now I know it may look as if you are really working 11 hours (or something similar), but ordering lunch, drinking coffee, smoking cigarettes and hanging out in the huddle with other non-productive salespeople does not count as working. Now if you redo the math, chances are you only work about an hour or two at the most a day.

Now, you can always look at this as a numbers game. If you only sell about 10 vehicles a month working only an hour or two, then you would need to work about four hours a day to sell 20 vehicles. Playing the numbers game is okay, but true superstars in the car business play the numbers game as well as mastering selling techniques to increase their income.

By the way, if you want a free e-book entitled --Discover 50 Automotive Sales Techniques to blast you income through the roof-- then go to http://www.nawablearninggroup.com. It is one of the few places that you can find proven, no B.S true automotive sales tips and strategies.

I just want you to realize that if you put more productivity in your selling career, I guarantee you success. So stop letting negativity ware you down. Every one has problems. But when you come to work leave your problems outside at the curb. If you want, when you are done working, you can just pick up all your problems from the curb and take them home. Because I am sure no one else will pick them up.

I wish you a ton of success and have a great selling day,

Your automotive sales mentor,

Mak

Automotive Equipment

Any type of automotive repair shop, performance shop, or even a body shop has a lot of different types of equipment inside of them. This type of equipment can range from very large car lifts to very small tools that are specifically made for the automotive industry. When buying equipment for your shop you want to be sure you are buying from a reputable company that not only has fair prices, but a retailer that passes on full manufacturer warranties and a satisfaction guarantee with all of their products.

The heart of most automotive shops is the lifts. These machines help to raise and lower cars to make them easier to work on. They are especially handy during repairs on the bottom of the car, or while changing tires and rims. A lift can either be hydraulic, rotary, or revolution types. Other specifications include how much weight the lift is good for and what post type the lift is. These pieces of automotive equipment are large and intricate to install if you do not know what you are doing. Considering the value and cost of this shop must-have, you must be sure you are purchasing one from a reputable company that only deals with quality products.

Another very common piece of equipment you will see in automotive shops is air compressors. These can vary in size, and will vary in how much pounds of pressure they can produce. Large air compressors can have multiple hoses connected to them and have the ability to supply air to many tools around the facility. Smaller, more portable air compressors have many different uses that range from putting air in tires to powering tools.

Tools are of abundance in any type of automotive repair facility. One major thing you will need when you have this sheer amount of tools is a toolbox of some sort. A tool box will keep your work area organized and clutter free. A tool box also offers protection because they can be locked, preventing any type of theft. Just like buying the right tools is important, it is equally important to purchase high quality tool boxes that fit your exact requirements.

Automotive equipment is made to be durable. It's expected to suffer from a lot of wear and tear. With that being said, it is still better to be safe than sorry by only purchasing equipment that comes with a manufacturer's warranty. This will give you peace of mind and will show you that the company you are buying from is legitimate and has great customer service in mind.

Surviving on the Internet With Your Automotive Related Site

The automotive industry is a constantly changing game when it comes to the internet. Each year manufacturers come out with brand new car models or change the current models just enough to send the aftermarket industry into a storm of scrambling to come up with new products. However with this come opportunity for bloggers and writers to have some fresh reviews and thoughts about the new cars and the accessories that come with them. One of the biggest markets in the industry is Truck Accessories which opens the market to a realm of new products each year to review and talk about.

So how do you survive with an Automotive related site?

The answer is to stay on top of the changing trends and market. If you are selling cars or trucks then write about them. Cover the models, do your own reviews, talk about what has changed, the good, the bad, the ugly. The same goes if you are selling insurance and car parts. Each year there is plenty of opportunity to review hundreds of thousands of new products related to the automotive industry each product giving you an opportunity to talk about it and putting a reference to your related website. If you own a blog then there are golden opportunities for fresh content everywhere in the auto industry.

Selling Automotive related products online.

Selling automotive products is a competitive gig. You must stay on top of the latest trends and always update your products to include the current years models. To stay competitive you must employ the techniques' listed above and write about your products via a blog or press release. By doing this you not only create buzz but this is a golden opportunity to send people to your product page, not to mention gain some valuable links at the same time. The key is staying on top of the market and always adding the new products as they come available.

To wrap it up I want to say this. The automotive industry is a booming market online. If you put the time into tapping the right resources you can be very successful in this market.

Automotive Marketing - The Value of Good Prospecting

The world economy has been very uncooperative for businessmen, especially automotive dealers who are struggling with the crunch as nearly everyone else in business is. People are simply harder to convince they need to get a car or a new one to replace what they might have had for years.

Indeed, buying any sort of vehicle these days is no longer a simple matter. The economic downtrend generally noted in most countries has made people more conscious about their expenses. More than anything, it has taught them to weigh their priorities and cultivate the discipline to stay committed to these priorities. Still, at the end of the day, automotive marketing people still have to continue with their job even if it means finding every possible avenue that leads to increased productivity.

Of course, everyone who plans to sell needs people to sell to. Prospecting is, thus, a very important step to for those who want to actually post sales and not just plan them. Whatever type of vehicle one is trying to sell, it is important to come up with an actual list of leads who just may turn into customers. When you market any type of product there is, time is always of the essence. And when you start wasting it with the wrong leads, goals may not be achieved. And what is there to do if not achieve sales goals when in business?

The value of leads is very important and even crucial to the success of any automotive marketer. The leads cannot just be any other list- it has to come with all the information that could provide a lead within a lead - that is, tidbits of information regarding the prospect's automotive history, from his last date of vehicle purchase to the model or models he has bought. A list of prospects must also include hints about the person's credit score or standing so as to give the marketer a good basis for judging whether or not the prospect may turn out to be not just a customer but a responsible one.

Good prospecting does many things for a marketer, but above all, it allows one to plan ahead. And when the market gets as tough as it is right now, being able to plan ahead is going to be every automotive marketer's edge over the others who opt to be more spontaneous in their approach.