Beruflich Dokumente
Kultur Dokumente
Topics to be covered
Present status of Automotive Industry - Global Automotive Industry - Indian Automotive Industry Industry Challenges and Concepts for 21st Century Crucial Issues facing the Industry and Approaches to meet these challenges. Future of Automotive Industry
Industry Challenges
The global automotive industry today is delivering unprecedented levels of customer value. Vehicles today are vastly superior to and more reliable than those produced just a decade ago in terms of economy, safety, comfort, functionality and performance. Fierce global competition for customers is the prime mover behind the increase in customer value. But the automotive industry structure that has endured for eighty years may be reaching the limit of its potential. Delivering the next significant increment of value to automotive consumers while remaining profitable will require dramatic increases in productivity across the value chain.
Two main approaches have emerged. The first, follow the car, is to participate more extensively in the stream of postassembly transactions relating to a vehicle, beginning with the initial sale and ending at the scrap yard. The second, follow the customer, to build and exploit more durable relationships with customers over their vehicle buying lifetimes. Both of these, require radical changes in the ways that VMs define and serve their markets.
Navigation Systems Developments in IT made it possible for navigation and guidance systems based on digital mapping. These are available with the coming into service of the Satellite Positioning System. The development of automated highways where computers control the vehicles has long been