By 1927, over 15 million T cars were sold, which was still a legend. The American car industry was not only brought in new technology, but also led the industry globally. Besides Henry Ford, there were more businessman that promote car industry in the world. William Durant, who created the system of multi-brand selling companies with cars. He illustrated a greater blueprint of the flouring car industry.
But it was the Roaring Twenties that would set Los Angeles on an irreversible path as a city dominated by the automobile. L.A.’s population of about 600,000 at the start of the 1920s more than doubled during the decade. The city’s cars would see an even greater increase, from 161,846 cars registered in L.A. County in 1920 to 806,264 registered in 1930. In 1920 Los Angeles had about 170 gas stations. By 1930 there were over 1,500.
The automobile industry of India accounts for upto 21.8 per cent of the country 's manufacturing gross domestic product (GDP). An ever expanding middle class, a very young population, and an ever increasing interest of the automobile companies in exploring the rural markets have made the two wheeler segment (with nearly 80 per cent market share) the leader of the automobile market in India. In India the overall passenger vehicle segment has 13.8 per cent market share. In the 21st century India has also become a substantial auto exporter, with very good export growth expectations for the coming future. Various initiatives taken by the Government of India and the major automobile players in the Indian market are expected to make India a leader not only in the Two Wheeler market but also in the Four Wheeler market in the world by 2020.
The other giants in the game, the Volkswagen Group (11%), PSA (3%), Nissan (8%) and Hyundai (9%) as well as General Motors (11%) and Ford (8%) in the U.S. all contribute significant market shares to the world total, the reasons these players always come out on top are several. 1. Manufacturing & Exploitation
With a yearly benefit level higher than GM, Passage and Chrysler together, Toyota is an extraordinary benefit generator. Amid the 2006/2007 financial year benefit became by 19.8 percent and came to 100 billion SEK. Its return on resources is pretty nearly 8 times higher than the business normal and the organization has made a benefit the last 60 continuous years. Toyota is an in number or even prevailing player in every portion from economy to extravagance and vehicles to pickup trucks. In 2008, Toyota turned into the greatest auto producer on the planet and it is quickly assembling new generation limit around the world.
Strength The strength that Peugeot company has is a strong reputation in car manufacturer area. Peugeot company was founded in 1810 and as expand from apparel until its include even coffee mill , bicycles, motorcycles and car. Peugeot has received many international awards from the launch of the very first model of automobile to the latest concept car. It also known as a very reliable brand since its 1950s and 1960s models are still running in Africa and Cuba in 2010s. The next strength of Peugeot is its ability to introduce of electric and hybrid vehicles.
Tesla Motors is an American-based company that deals majorly with designing, manufacturing and selling of electric cars as well as electric vehicle powertrain components. Since its formation by a group of Silicon Valley engineers in 2003, Tesla Motors Company has gained global fame and incomparable customer loyalty. Tesla Motors have significantly grown from the year of its commencement till now. The sales and revenue of the company has increased year after year which is evident from its annual report. In the year 2011, the company has generated revenue of 204.224 million which has considerably increased to 4.05 billion in 2015 (Marketwatch, 2016).
In 1886 the first petrol powered automobile the Benz patent Motorwagen was invented by Karl Benz. It was the first time in history that an automobile (car) was produced in production. It was the beginning of the car industry, what today has become one of the world’s most important economic sectors by revenue. Although the car industry has always been a huge Market it has mostly be regional, the past 30 years have enabled the car market to gain growth through globalisation. These factors were a result of a market that started to transform globally: Foreign Direct Investment or (FDI) which is an investment made by a company based in one country, into a company based in a another country.
Red Bull The Red Bull GmbH is an Austrian beverage company, headquartered in Fuschl am See. Its most popular product is the energy drink “Red Bull”. The company is also know for its sponsorships of a big range of sporting events. At the end of 2014, they employed 10.410 people in 167 countries and sold more than 5.6 billion cans (Red Bull, 2015). Red Bull is according to Forbes on place 76 of the most valuable brands in the world.