To follow the trend, in year 2013-14, sales grew by 54 per cent. To contemplate the reason which had led to growth of SUV once has to think about youth appeal, the macho quotient, rising aspirations, necessity to transport more people per vehicle, a wide platter of models and changing lifestyles. One should not forget the major reason which has led to SUV sales, i.e FUEL price. The economic slowdown, has favored the rise of Petroleum price. The average middle class families would prefer something affordable and Diesel is the answer.
Internal migration in the People's Republic of China is one of the most extensive in the world according to the International Labour Organization. In fact, research done by Kam Wing Chan of the University of Washington suggests that “In the 30 years since 1979, China’s urban population has grown by about 440 million to 622 million in 2009. Of the 440 million increase, about 340 million was attributable to net migration and urban reclassification. Even if only half of that increase was migration, the volume of rural-urban migration in such a short period is likely the largest in human history.”Migrants in China are commonly members of a floating population, which refers primarily to migrants in China without local household registration status through the Chinese Hukou system.n general, rural-urban migrant workers are most excluded from local educational resources, city-wide social welfare programs and many jobs because of their lack of hukou status. In
The number of rooms recorded growth at a review-period CAGR of 2.55%. Total hotel revenue increased from KES62.4 billion (US$0.8 billion) in 2009 to KES83.6 billion (US$1 billion) in 2013. However, total hotel revenue was severely affected during 2012 and 2013 as a result of increasing terrorist attacks, such as the Westgate Mall attack in 2013, which negatively impacted international tourist volumes in the country. • Kenya’s car rental market value increased at a review-period CAGR of 4.66% to reach KES5.5 billion (US$0.06 billion) in 2013. Overall, 93.7% of car rental revenues were generated at non-airport locations in 2013. Leisure car rentals accounted for 65% of the total car rental value in 2013, as compared to business car rentals with 20.7%.
Tires’ demand arose predominantly in the two areas of Original Equipment Manufacture (OEM) and replacement. The OEM demand dwindled with the manufacture of automobile and construction equipments while the on-road vehicle population, road conditions, etc., played a role in the fluctuating demand for replacement tires. The global tire market, which slumped due to the recession of late 2008 and 2009, soared in 2010 by nearly 20%.ii However, the global tire industry, which was valued at US$140 billioniii in 20102011– with the replacement market accounting for three-forth of the total sales – was expected to grow at an average rate of 13%. The top three companies – Japan‘s Bridgestone (16.2% market share), France‘s CampagnieGenerale des Establissements Michelin2 (Michelin) (15.5%) and US‘s Goodyear Tire & Rubber (12.4%)iv – accounted for 44% of the global sales. US‘s Continental Tyres, Pirelli of Italy, and Sumitomo of Japan were the other major players in the global tire market (Refer to Exhibit I for the list of world’s top 10 companies).
Market research Population For the city of Manila, the researcher gathered the historical data indicated above and forecasted it for the potential target market of the business. It can be seen that there is a gradual increase in the continuing years as stated in 2000-2007 but decrease can be seen during 2010. The minimal growth in Manila’s population can indicate that people may have found the city very crowded since there are more establishments that are built, they may have moved to other nearby place in NCR. Nonetheless, the city of manila still remains as the one of the most populous cities in the country. Market
Hence, this paper will look into the various transportation polices implemented by the Singapore, its effectiveness and the future of transportation for Singapore. The Republic of Singapore is located in south-east Asia surrounded by Malaysia in the north and Indonesia in the south. It is a small country with geographical area about 719.7 square kilometers (Department of Statistics Singapore, 2016), slightly more than 3.5 times the size of Washington, DC. Singapore accommodates a population of around 5.4 million (World Bank, 2013) making it the third most densely populated cities in the world with 7987.52 people per square kilometer (CIA World Factbook, 2014).
The number of cars has increased by 57.43%. So relatively the 4 wheeler industry has grown with higher rate than GDP of the country. Indian four wheeler Industry has shown conceptual changes in type of fuelling technique used over the years. The cars are mainly made up of petrol and diesel run engines and in recent decade the green vehicles has emerged which uses natural gases as fuel. Green Vehicles In 1998, India entered into Green vehicles, which was a step different from the global industry.
USB Prices and Earning Report 2011 had stated and ranked Singapore in second place for the most expensive city in Asia and ranked No 10 for the most expensive city globally. Moreover, Singapore is well-known in high level of competition in retail sector and high cost of retail operations for rentals and labour. I. Local shopping mall environment In the year 2013, Singapore’s economy is growing positively but in just single-digit growth rate. Not only have that, Singapore dollar remained strong in the same year as compared to neighbouring countries’ currency.
During the last decade, air pollution issues have become more intense, leading governments and citizens to speed up application of advanced technologies and abandon traditional, heavy-polluting development patterns. Our main concern lies with transportation sector, which is one of the main actor for air pollution issues, especially responsible for urban air pollution. China’s economy has been expanding rapidly, and consumer demand for vehicles has been increasing commensurately with GDP. Forecasts have been made by the National Bureau of Statistics about the growth of transportation fleet, which should reach upon 94 million vehicles by 2020. As an aftermath of such a tremendous economic growth, in 2007, China overtook the USA to become the world’s largest emitter of Greenhouse Gas (GHG) emissions from fossil fuel combustion (IEA 2009).
Impact on Industrial Sector: As per recently released national accounts data, industrial growth was much better in 2012-13 and 2013-14 at 2.4% and 4.5% respectively than earlier years. The industrial growth picture suggests that industrial production which had slowed down since 2011-12, reversed the trend in 2014-15. Total FDI inflows from April 2000 to November 2014 were US$ 350.9 billion. Services, construction, telecommunications, computer software and hardware, drugs and pharmaceuticals, automobile industry, chemicals and power have attracted a disproportionality high share of total inflows. Impact on Service Sector: India’s services sector remains the major driver of economic growth contributing 72.4% of GDP growth in 2014-15.