A project report on automobile industry
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A project report on automobile industry
![International Institute of Management Studies, Pune<br />Winter Project<br />A Project Report on Automobile Industry <br />For the partial Fulfilment the course of PGDM.<br />2010-12<br />Submitted By: Guidance By: <br /> <br /> <br /> <br /> <br /> <br /> Submitted To:<br /> <br /> <br /> <br />Introduction to Automotive Industry<br />The first practical automobile with a petrol engine was built by Karl Benz in 1885 in Mannheim, Germany. Benz was granted a patent for his automobile on 29 January 1886, and began the first production 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.<br />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 as inventors 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;.[8]:p.26 Bernardi enlarged the tricycle in 1892 to carry two adults.<br /> Bajaj Auto<br />The Bajaj Group is amongst the top 10 business houses in India. Its footprint stretches over a wide range of industries, spanning automobiles (two-wheelers and three-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance. The group's flagship company, Bajaj Auto, is ranked as the world's fourth largest two- and three- wheeler manufacturer and the Bajaj brand is well-known across several countries in Latin America, Africa, Middle East, South and South East Asia. Founded in 1926, at the height of India's movement for independence from the British, the group has an illustrious history. The integrity, dedication, resourcefulness and determination to succeed which are characteristic of the group today, are often traced back to its birth during those days of relentless devotion to a common cause. Jamnalal Bajaj, founder of the group, was a close confidant and disciple of Mahatma Gandhi. In fact, Gandhiji had adopted him as his son. This close relationship and his deep involvement in the independence movement did not leave Jamnalal Bajaj with much time to spend on his newly launched business venture. His son, Kamalnayan Bajaj, then 27, took over the reigns of business in 1942. He too was close to Gandhiji and it was only after Independence in 1947, that he was able to give his full attention to the business. Kamalnayan Bajaj not only consolidated the group, but also diversified into various manufacturing activities. The present Chairman of the group, Rahul Bajaj, took charge of the business in 1965. Under his leadership, the turnover of the Bajaj Auto the flagship company has gone up from INR.72 million to INR. 120 billion, its product portfolio has expanded and the brand has found a global market. He is one of India’s most distinguished business leaders and internationally respected for his business acumen and entrepreneurial spirit.<br /> <br /> <br />Group Companies<br />Bajaj Auto is the flagship of the Bajaj group of companies. The group comprises of 34 companies and was founded in the year 1926. The companies in the group are: <br />Bajaj Auto Ltd.<br />Bajaj Holdings & Investment Ltd.<br />Bajaj Finserv Ltd. <br />Bajaj Allianz General Insurance Company Ltd.<br />Bajaj Allianz Life Insurance Co. Ltd<br />Bajaj Financial Solutions Ltd.<br />Bajaj Auto Finance Ltd. <br />Bajaj Allianz Financial Distributors Ltd.<br />Bajaj Auto Holdings Ltd.<br />P T Bajaj Auto Indonesia (PTBAI)<br />Bajaj Auto International Holdings BV<br />Bajaj Electricals Ltd.<br />Hind Lamps Ltd.<br />Bajaj Ventures Ltd.<br />Mukand Ltd.<br />Mukand Engineers Ltd.<br />Mukand International Ltd.<br />Bajaj Sevashram Pvt. Ltd.<br />Jamnalal Sons Pvt. Ltd.<br />Rahul Securities Pvt Ltd<br />Shekhar Holdings Pvt Ltd<br />Madhur Securities Pvt Ltd<br />Niraj Holdings Pvt Ltd<br />Shishir Holdings Pvt Ltd<br />Kamalnayan Investments & Trading Pvt Ltd<br />Sanraj Nayan Investments Pvt. Ltd.<br />Hercules Hoists Ltd.<br />Hind Musafir Agency Pvt. Ltd. <br />Bajaj International Pvt. Ltd.<br />Bachhraj Factories Pvt. Ltd.<br />Baroda Industries Pvt. Ltd.<br />Jeevan Ltd.<br />Bachhraj & Co Pvt Ltd<br />The Hindustan Housing Co. Ltd.<br />Hospet Steels Ltd<br /> <br />Bajaj Team<br />Management Team <br />Rahul Bajaj Madhur Bajaj Rajiv Bajaj Sanjiv Bajaj Pradeep Shrivastava Abraham Joseph S Sridhar R C MaheshwariRakesh Sharma Eric Vas K Srinivas Kevin P D'sa S RavikumarAmrut Rath N H Hingorani C P Tripathi<br />Chairman Vice Chairman Managing Director Executive Director Chief Operating Officer President (Research & Development) President (Motorcycle Business) President (Commercial Vehicle Business) President (International Business) President (New Projects) President (Retail Finance) President (Finance) Senior Vice President (Business Development & Assurance) Vice President (Human Resources) Vice President (Commercial) Vice President (Corporate Social Responsibility) <br />Company Secretary <br />J. Sridhar<br />Company Secretary<br />Board of Directors <br />Rahul Bajaj Madhur Bajaj Rajiv Bajaj Sanjiv Bajaj D.S. Mehta Kantikumar R. Podar Shekhar Bajaj D.J. Balaji Rao J.N. Godrej S.H. Khan Mrs. Suman Kirloskar Naresh Chandra Nanoo Pamnani Manish Kejriwal P Murari Niraj Bajaj <br />Chairman Vice Chairman Managing Director Executive Director Director Director Director Director Director Director Director Director Director Director Director Director <br /> <br />Committees of the Board <br />Audit Committee<br />Shri Nanoo Pamnani Shri S.H. Khan Shri D.J. Balaji Rao Shri Naresh Chandra <br />Chairman Member Member Member <br />Shareholders’ & Investors’ Grievance Committee <br />Shri D.J. Balaji Rao Shri J.N. Godrej Shri Naresh Chandra Shri S.H. Khan <br />Chairman Member Member Member <br /> <br />Remuneration & Nomination Committee<br />Shri D.J. Balaji Rao Shri S.H. Khan Shri Naresh Chandra Shri Rahul Bajaj <br />Chairman Member Member Member <br /> <br />Registered under the Companies Act, 1956 <br />REGISTERED OFFICE WORKS <br />Akurdi, Pune 411 035Akurdi, Pune 411 035. Chakan Industrial Area, Chakan, Pune 411 501Bajaj Nagar, Waluj Aurangabad 431 136Plot No. 2, Sector 10, Pant Nagar, Rudrapur <br /> <br /> <br />Awards And Accolades<br />ProductAwardAward BodyKawasaki NinjaBike of the YearIMOTYPulsar 135LSBike of the YearET NOW - ZigWheelsDiscover DTS-Si100cc Bike of the YearET NOW - ZigWheelsPulsar 135LS150cc Bike of the YearET NOW - ZigWheelsKawasaki Ninja250cc Bike of the YearET NOW - ZigWheelsPulsar 135LS 4-VTechnology of the YearET NOW - ZigWheelsDiscover DTS-SiMost Value for Money-Bike of the YearET NOW - ZigWheelsKawasaki NinjaMotorcycle of the Year - Bike upto 250 ccNDTV Profit - Car & BikeBajaj Discover DTS-SiMotorcycle of the Year - Bike upto 125 ccNDTV Profit - Car & BikeKawasaki NinjaTwo Wheeler of the YearNDTV Profit - Car & BikeBajaj Discover And PulsarBest Integrated Campaign - Two wheelersNDTV Profit - Car & BikeKawasaki NinjaBike of the YearCNBC - OverdriveBajaj DiscoverBest StoryBoard CommercialCNBC - OverdrivePulsar135LSBike of the Year 2010UTV Bloomberg-AutoCarPulsar135LSViewer's Choice of the YearUTV Bloomberg-AutoCarBajaj Discover Best TV CommercialAuto IndiaKawasaki NinjaBike of the Year 2010BS MotoringBajaj AutoBest AdvertisingAuto IndiaPulsarSilver Effie for PulsarMania AdEffieBajaj AutoMost Trusted Brands - Auto Two WheelerBrand EquityBajaj AutoMost Popular Two Wheelers Amongst YouthGlobal Youth Marketing Forum 2010Bajaj AutoChakan Plant - Super Platinum for Manufacturing ExcellenceET - Frost & SullivanBajaj AutoWaluj Plant -Best-In-Class Manufacturing Leadership Award - 2WheelerStars of the Industry Group<br /> Categories<br />Sport bike161sites Bajaj58sites Three wheeler23sites Bajaj auto21sites <br /> <br />BSE: 532977 | NSE: BAJAJ-AUTO BSENSEOpen 1542.001551.00Day High 1584.451585.75Day Low 1542.001547.05Previous Close 1560.001560.1052-Week high 1627.201630.0052-Week low 700.00740.00P/E28.3128.31 Market Cap (Rs cr)45352.8445174.88Volume23734.000.00<br />employ:- (2006-07) 10,250<br />net icome :- Rs 11.016 billion<br />Revenew :- Rs 81.063 billion (2005)<br />Force Motors :- <br /> founded in 1958 as Bajaj Tempo Ltd. is a manufacturer of three wheeler multi-utility and cross country vehicles, light commercial vehicles, tractors, buses and now heavy commercial vehicles. Abhay N. Firodia is the Chairman & Managing Director.<br />Force Motors started production of the HANSEAT 3-Wheelers in collaboration with Vidal & Sohn Tempo Werke , Germany and went on to establish a presence in the “Light Commercial Vehicles” field with the MATADOR, the proverbial LCV in India. Through the 1980s Vehicles” field with the MATADOR, the proverbial LCV in India. Through 1990s, and especially in the last five years with a major product development effort, Force and Force Motors founded in 1958 as Bajaj Tempo Ltd. is a manufacturer of three wheelers, multi-utility and cross country vehicles, light commercial vehicles, tractors, buses and now heavy commercial vehicles. Abhay N. Firodia is the Chairman & Managing Director.<br />Force Motors started production of the HANSEAT 3-Wheelers in collaboration with Vidal &John Tempo Werk, Germany and went on to establish a presence in the “Light Commercial Recently the company has firmed up a joint venture with MAN AG of Germany for manufacturing of trucks at Pithampur, the industrial hub of Madhya Pradesh in Indore.<br />On 3rd Dec 2008 another agreement was signed between Man AG and Force motors to the effect that both will hold equal (50:50) stake in the JV company Man Force trucks pvt. Ltd.<br />MAN Force Trucks manufactured at Pithampur factory are worldclass in terms of quality and even they get exported to overseas countries like Srilanka, Indonesia, and certain African nations. It is highly cost effective proposition for customer interested in economic solutions.<br />BOARD OF DIRECTORS :-<br />Mr. Abhay Firodia :- Chairman<br />Mr. Prasan Firodia :- Managing Director<br />Mr. S. N. Inamdar :- Director<br />Mr. Bharat V. Patel :- Director<br />Mr. Pratap G. Pawar :- Director<br />Mrs. Anita Ramchandran :- Director<br />Mr. S. Padmanabham :- Director<br />Mr. Lakshman :- Director<br />Mr. Arun Seth :- Director<br />Mr. Sudhir Mehta :- Director<br />Mr. Vinay Kothari :- Director<br />Mr. Atul Chordia :- Director<br />Mr. S. A. Gundecha :- Director<br />Mr. R. B. Bhandari :- Director <br />From The Chairman's Desk <br />Dear Friends,<br />left-1905.<br /> <br /> Let me begin by wishing everybody a brilliant year ahead! <br />The year that went by was crucial for us, as it has been a witness to many challenges that we faced. It made us more agile and receptive to changes. As a new dawn breaks, we stand tall; all charged up to capture the market with our roots strengthened deep down. Our will to survive has been unaffected even in the worst market conditions and we have emerged victorious having learnt from the difficult times. Therefore I foresee 2010 as a year with infinite possibilities and optimism.<br />We have a dynamic and young team in most departments who have a finger on the pulse of the present market. Our production team is fully equipped to ensure that we are able to respond speedily to the market requirements. The world will see us showcasing some innovative and exclusive products appropriately custom designed for the discerning Indian as well as the international market. <br />Today the market is driven by product performance and we offer vehicles that outperform competition in every sense of the term. This year our unified focus will be on our biggest strengths - the range of Goods Carriers and Passenger Carriers. Our new launches Trump 15 and Trump 40 are custom designed and manufactured to deliver the best performance. I hope the year 2010 will turn out to be a momentous year for our range of Goods Carriers and Passenger Carriers considering the large latent potential for this type of vehicles in a growing economy. <br />Our dealerships have been provided intensive training on a regular basis for maintaining high standards of excellence in sales and service and also updating them with the latest technological advances in the automotive field. Each of our dealers is well groomed to offer total satisfaction to our customers be it in the area of pre sales, sales, service and parts. Our corporate communication tools are in place with some innovative promotional activities planned at the local and national level. Its time to get started! <br />Chairman, <br />Dr. Abhay Firodia <br />The areas of excellence<br />R & D :-<br />Today, Force Motors makes a full family of vehicles - the New Trump, Traveller Shaktiman, Trax and Citiline range of Buses & the Balwan and Orchard range of Tractors. These are products born out of Force Motor's own Research & Development activity. The Product designs for these ranges of most modern vehicles were created in our most capable Computer Engineering Environment.<br />The Force Motor's R & D centre is among the most advanced in the country with a 150 terminal (CAD) Computer Aided Design network. Over 90% of the vehicles currently manufactured & sold by Force Motors are the latest designs, where, introduction is less than 5 years old. Further these are the products of most modern Computer Aided Design efforts. The company spends over 5% of its annual turnover on new Product Development. It employs 850 people for its R & D, tooling & project activity - 450 of which are Engineers. Latest software such as IDEAS, CATIA, and ADAMS are used for design & validation. The engines designed by Force Motors are fully proven for emission and for fuel efficiency. The vehicles offer Green engines meeting BS III norms.<br />Tooling Division<br />Over the last five decades, Force Motors has created its own modern and extensive infrastructure for the design and manufacture Press tools, Die casting dies, jigs, fixtures and gauges employed in vehicle production. The entirely new range of Force Motors including the New Traveller, the New Trump and the New Traveller Strong has been engineered and developed in - house. An elaborate and state of art Tool room has been created for this purpose which has the latest high precision and versatile machines for manufacturing tools of various sizes. Force Motors Tooling Division now offers this expertise gained over the years to provide end to end solutions (Design to Manufacturing) for all your tooling requirements in the field of sheet metal dies, aluminum die castings die, welding fixtures, pattern equipments and plastic moulds. <br />RAMBAUDI Milling Machine <br />NKK 50T <br />Manufacturing Facilities <br />The famous 'Mercedes' OM-616 engine made under license has been further developed with Force Motors's own R & D and with assistance from M/s. Ricardo of UK & M/s. AVL of Austria, to create a large and modern facility of IDI, Direct injection, turbo / intercooled and Tractor Engines. The critical components such as cylinder blocks and precision cylinder heads etc, are made in Force Motors' own Foundry. These are machined using elaborate and modern mass production methods - both Transfer lines and Computer Numerical Controlled (CNC) flexible machining systems. Mercedes standard precision and durability is built into the reliable and modern engines. <br />Press Shop <br />Traveller Body Welding <br />Traveller Assembly Line <br />Engine Assembly <br />Elaborate quality control and detailed testing is carried out for each engine - using latest equipment. The G1-18 Gearbox of Mercedes design is among the smoothest and most reliable transmission in its class. The latest machinery & process technologies are used for manufacture of the gears, shafts and housings. The Drive train comprising of the Gearbox, Axles and Propeller Shafts are precision manufactured in house. Force Motors uses special alloys with high Molybedenum content to make gears with extra strength for added reliability. The gears are not only hobbed & shaved, but finished using a special high precision 'Honing' process - to generate super smooth surfaces and exacting precision - to Mercedes standard.<br />Each Gear pair is individually matched & checked for noise. The exacting assembly and testing procedure for the Gearbox assures life long trouble free operation. (In 1999 Force Motors Exported 2000 gearboxes of G1-18 design to Mercedes Benz Germany, for use on Mercedes vehicles in Europe) <br />Financial Results<br />HERO HONDA<br />HISTORY OF HERO HONDA<br />The success of the Hero Group lies in the determination and foresight of the Munjal brothers, who shared their vision with their workers and led the Group to apposition where its name has become synonymous with top-quality two wheelers.<br />The flame kindled by the Munjal brothers in 1956 with the flagship company HeroCycles; Mr. Satyanand Munjal, Mr. Brijmohan Lall Munjal and Mr. O. P. Munjalcontinue to carry the torch and is actively involved in the day-to-day operations of the Hero Group.<br />The saga is being continued with the same zeal by the second and third generations of the family and by the large working force of the Hero Group. The spirit of enterprise which dominates the progress of the Group is characteristic of the land where it all began - the City of Ludhiana, in Punjab - home to some of India’s finest workers and entrepreneurs.<br />The Hero Group is a thriving example of three generations of a family working and striving together to ensure quality, satisfaction and extensive growth.<br />Milestones<br />Hero's success saga contains an element of spirit and enterprise; of achievement<br />through grit and determination, coupled with vision and meticulous planning.<br />1956<br />Hero Cycles Limited is established.<br />1961<br />Rock man Cycles Industries Limited established, which the largest manufacturer of bicycle chains and hubs is today.<br />1963<br />It pioneered bicycle exports from India - a foray into<br />the international market.<br />1971<br />Highway Cycles was set up to meet the demands ofHero Cycles. It is today the largest manufacturer ofsingle speed and multi-speed freewheels.<br />1975<br />Hero Cycles Limited became the largest manufacturer<br />of bicycles in India.<br />1978<br />Majestic Auto Limited was formed and the Hero<br />Majestic Moped was introduced.<br />1981<br />Munjal Castings established<br />Hero ITES, a division of Hero Corporate Service Limitedhived off as a division of new company HeroManagement Service Limited.<br />2005<br />Hero ITES strengthens its relationship withACS,USA,USD 5.0 billion market cap and Fortune 500company.<br />2006<br />Hero Honda enters the scooter segment, launches<br />100cc quot;
Pleasurequot;
<br />2006<br />Hero Honda crosses a unit sales threshold of 3.0<br />million motorcycles<br />2006<br />Hero Group celebrates Golden Jubilee year sinceinception.<br />It was commemorated by sales of over 15million motorcycles & over 100 million bicycles. <br />PRODUCTS<br />GLAMOUR <br />SPLENDOUR<br />HUNK <br />CDDAWN<br />KARIZMA<br />GLAMOUR<br />CBZ<br />PASSION PLUS<br />PASSION PRO<br />COMP ETITORSOF HERO HONDA<br />•TVS•HONDA•SUZUKI•BAJAJ•KINETIC<br /> <br /> <br />HYUNDAI MOTOR COMPANY<br />PROFILE---<br />Hyundai Motor Company is a Korea-based automobile manufacturer. The Company produces and markets passenger cars under the brand names of Equus, Genesis, Genesis Coupe, Azera, Sonata, Elantra, Accent, Getz, i30, i30cw, i20 and i10; recreational vehicles under the brand names of Veracruz, Santa Fe, Tucson, Matrix and H-1, and commercial vehicles, which include medium and heavy duty trucks, and buses. The Company also provides automobile maintenance services<br />HISTORY<br />he beginning of Hyundai Motor Company dates to April 1946 when founder, Ju-Yung Chung established Hyundai Auto Service in Seoul, South Korea at the age of 31 years. The name Hyundai was chosen for its meaning which in English translates to “modern.” The Hyundai logo is symbolic of the company's desire to expand. The oval shape represents the company's global expansion and the stylized quot;
Hquot;
is symbolic of two people (the company and customer) shaking hands.<br /> <br />Hyundai Motor Company was founded by Ju-Yung Chung and younger brother Se-Yung Chung in December 1967. In 1968 the company entered into a contract with Ford motor company to assemble the Ford Cortina and Granada for the South Korean market and continued to produce them until 1976. Hyundai completed construction of the Ulsan plant in six months and achieved the shortest groundbreaking to first commercial production of any of Ford’s 118 plants. The eight year journey provided Hyundai with assembly knowledge, blueprints, technical specifications, production manuals, and trained Hyundai engineers.<br />Organizational Structure----<br />ORGANIZATIONAL STRUCTURE<br />Organizational structure refers to the way that an organization arranges people and jobs so that its work can be performed and its goals can be met. When a work group is very small and face-to-face communication is frequent, formal structure may be unnecessary, but in a larger organization decisions have to be made about the delegation of various tasks. Thus, procedures are established that assign responsibilities for various functions. It is these decisions that determine the organizational structure.In an organization of any size or complexity, employees' responsibilities typically are defined by what they do, who they report to, and for managers, who reports to them. Over time these definitions are assigned to positions in the organization rather than to specific individuals. The relationships among these positions are illustrated graphically in an organizational chart (see Figures 1a and 1b). The best organizational structure for any organization depends on many factors including the work it does; its size in terms of employees, revenue, and the geographic dispersion of its facilities; and the range of its businesses (the degree to which it is diversified across markets).There are multiple structural variations that organizations can take on, but there are a few basic principles that apply and a small number of common patterns. The following sections explain these patterns and provide the historical context from which some of them arose. The first section addresses organizational structure in the twentieth century. The second section provides additional details of traditional, vertically-arranged organizational structures. This is followed by descriptions of several alternate organizational structures including those arranged by product, function, and geographical or product markets. Next is a discussion of combination structures, or matrix organizations. The discussion concludes by addressing emerging and potential future.<br />Hyundai Motor Finance! <br />Our Hyundai Motor Finance Team is committed to excellence and delivering a quality financing experience for our customers. We offerboth retail and lease products designed to give you options to fit your finance needs.<br />Our website contains information about services we offer and how to obtain information regarding your Hyundai Motor Finance account. <br />Hyundai Records Good Sales Growth---<br />One of the India's leading car maker, Hyundai Motors Indian Limited (HMIL) have sold more cars in June 2010 as against the same month last year. Considering the entire sales from January to June 2010, Hyundai has recorded 29% growth in the Indian market and the exports grew by 9.2 %. Hyundai has sold 1,75,121 units in this period as against 1,35,751 cars during the Jan-Jun 2009 period. Hyundai sold 46,254 cars in June 2010 which was 47,266 units in the same period an year ago. In, India, the Korean car giant sold 27,366 cars in June 2010 against 23,015 in June 2009 an 19% sales rise. But, the company's exports witnessed a decrease by 22%, as only 18,888 units were shipped last month while 24,250 cars were exported last year in the same month. Among the different segments, 42,099 units of small cars (Santro, i10, Getz and i20 ) were sold and in Saloons, 4,137 cars of Accent and Verna were sold. But in the luxury car segment only 18 Sonata Transform cars were sold. Hyundai has launched new facelift Hyundai Verna Transform, which the company hopes, will boost Hyundai's sales in mid segment in the upcoming months of 2010.<br />Hyundai-developed Blue DriveTM Technologies:<br /> <br />Double Clutch Transmission<br />To be applied on future mid-size vehicles, the next generation gearbox combines the best of both worlds: the fuel economy of a manual with the comfort and convenience of an automatic. Best of all, it retains the sporty characteristics and responsiveness of a manual for pure driving pleasure.<br /> <br />8-Speed Automatic Transmission<br />Hyundai is in the final stages of developing its own 8-speed automatic transmission which will be fitted to rear wheel drive luxury vehicles. The extra gears promise to improve fuel efficiency by 2~3 percent and enhance 60->100kph acceleration performance by 2~3 percent.<br />Engineers have eliminated the dipstick used to check automatic transmission fluid level, thus requiring zero maintenance. Featuring four planetary gearsets, slip lock-up torque converter, aluminum carrier for reduced weight and compact single-piece case, the gearbox is filled and permanently sealed at the factory with a life-long low viscosity automatic transmission fluid which never requires changing throughout the life of the vehicle. Development work on the transmission began in 2006 and despite the addition of the extra gears, the 8-speed automatic has fewer parts than the five-speed automatic it replaces and is also 10 percent lighter.<br /> <br />Continuously Variable Valve Lift<br />The next step in 2.0L engine aspiration introduces the new element of valve lift control which is used in conjunction with duration and timing control. The net effect increases power by 5~6 percent while simultaneously improving fuel efficiency by over 5 percent while reducing exhaust emissions by increasing intake velocity and improving fuel atomization.<br /> <br />Gamma T-GDI (E85)<br />The 1.6L all-aluminum Gamma Turbo-GDI (E85) is a unique engine concept which is fueled by an 85:15 ethanol-gasoline blend that promises to reduce CO2 emissions and improve fuel efficiency while retaining the all-important fun-to-drive factor. Compared to peak torque of 29kgm@1750~4500rpm delivered by a gasoline GDI engine of the same displacement, the Gamma T-GDI (E85) delivers a 7 percent boost in torque while lifting horsepower by 10 percent to 220ps@6000rpm. <br /> <br />R2.2 Diesel Two-Stage Serial Sequential Turbo<br />Boasting the highest specific horsepower and torque of any diesel in its class, this latest diesel offering demonstrates why Hyundai's diesel engineering capabilities are second to none in the world. Using a third generation 1800bar common rail injection system with piezo-electric injectors and a two-stage turbo, the R2.2 delivers 225hp of peak horsepower and comparably impressive torque figures: greater than 70kW per liter. Emissions-wise, it achieves Euro 5 compliancy by employing close-coupled diesel particulate filter and highly efficient EGR cooler with bypass valve. The R Engine harnesses Hyundai’s newest and most advanced development tools. Computational flow dynamics, structural and thermal analysis were used to optimize its design while computerized simulation of the die casting process was employed to achieve the optimal balance of strength and low weight. The R is fitted with a 16–valve dual overhead camshaft which is driven by an internal steel timing chain. For reduced vibration and lower booming noise, the R gets a balance shaft which has been encased in a stiffened ladder frame housing for increased rigidity. Weight saving features include a one-layer belt with isolation pulley, plastic head cover, plastic intake manifold and plastic oil filter housing. A ceramic glow plug provides near instantaneous starting in the coldest weather conditions.<br /> <br />U2 Diesel<br />Boasting a second generation high pressure common rail injection system which is capable of activating up to five injections per cycle, a variable swirl controls system and electronically-controlled EGR cooling, the second generation U2 has been fully updated to satisfy Euro 4 and 5 regulations. The U2 is capable of delivering 128hp and 26.5kgm of torque and emits just 119g/km of CO2 (i30), the best figures of any engine in its class. A close coupled diesel particulate filter will be fitted to the Euro 5 version. The U2 delivers an 4.8 percent improvement in CO2 reduction from 125g/km of the original U series to 119g/km in the new U2, an improvement in 80 -> 120km/h acceleration performance by 5.8 percent to 11.4 sec (3.7 percent improvement in 0 -> 130km/h). Noise levels on the U2 fall on the low limit of the scatter band. The U2's oil change interval has also been extended from 20,000km of the U1 original engine to 30,000km in the latest version.<br /> <br />Recycling Technologies<br />At this year's Seoul Motor Show, Hyundai will exhibit several new examples of eco-friendly designs which reduce the use of hazardous chemicals and promote the use of recyclable materials in our vehicles. The search for constant improvement in every facet of the operation continues, using LCA (Life Cycle Assessment) tools which have become an integral part of the vehicle design and manufacturing process. LCA takes into account eco-factors in the decision making at all stages from design to manufacturing, ownership and disposal. By quantifying each process we are able to evaluate the effects on the environment and search for areas of improvement thus continually improving the percentage of recyclable parts.<br /> <br />In addition to the Blue DriveTM products and technologies, Hyundai will be adding importa<br />Hyundai Motor Profit Surges 38% on Overseas Sales<br /> Hyundai Motor Co., South Korea’s largest automaker, posted a 38 percent increase in third-quarter profit as new models attracted buyers in overseas markets, offsetting the negative impact from a stronger won.<br />Net income rose to 1.35 trillion won ($1.2 billion) in the three months ended Sept. 30 from 979.15 billion won a year earlier, the Seoul-based carmaker said in a statement today. Analysts expected a 1.23 trillion won profit, according to the average of 16 estimates compiled by Bloomberg this month.<br />Hyundai may post record car sales this year after luring buyers with its revamped Sonata sedans and Tucson sport-utility vehicles. The company has benefited from a surge in the yen that hampered Japanese rivals Toyota Motor Corp. and Honda Motor Co. in markets where they compete, helping offset a rise in the won that reduces the South Korean carmaker’s earnings from overseas.<br />“The strengthening won against the dollar is negative,” Kim Do Joon, who helps manage $8.9 billion worth of assets at Hanwha Investment Trust Management Co. in Seoul, said before the earnings announcement. “Still, as the yen’s appreciation is steeper, Hyundai is expected to keep its competitive edge over Japanese rivals for a while.”<br />Hyundai fell 0.3 percent to 170,500 won as of 2:06 p.m. in Seoul trading, while the benchmark Kospi Index declined 0.2 percent.<br />The South Korean currency appreciated about 2.6 percent against the dollar in the first nine months of this year, while the yen strengthened about 11 percent<br />Hyundai eyes 21% market share in 2010; sets record in exports<br />Chennai: Hyundai Motor India Ltd (HMIL), the country's largest exporter of cars and the second largest manufacturer in India, is targeting 21% market share in the calender year 2010, a shade over the 2009 market share of 20.6%.<br />The company said its export sales is expected to overtake the domestic one and is likely to touch 55% of the overall sales in 2010 against 50% in the previous year.<br />The company on Monday announced that it had become the first player in India to achieve the one millionth-mark in exports, a significant milestone after its decade of presence in India since it first exported Santro in 1999 to Nepal.<br />After adding Australia under its export network on Monday, with the first export batch of 500 units of i20, the company will add 10 more countries under its export belt taking the total number of countries to 120 by year-end, said HMIL MD HW Park.<br />HMIL director (sales & marketing) Arvind Saxena said, quot;
We expect to end the calender year 2010 with a marginal growth in our overall sales to 5.9 lakh units, thereby increasing our market share marginally to 21% as against 20.6% in 2009. Buoyed by an impressive 11% growth in exports in 2009, the company expects that the exports sales will overtake domestic sales and will garner 55% of the overall sales in 2010 as against 50% in 2009.quot;
This is possible as the company decides to reach 10 more countries in 2010.<br />4991100609600Kinetic Engineering Ltd <br />History - Kinetic Motor Company The company was incorporated on 8th February, 1984 in Madhya Pradesh. It was promoted jointly by kinetic Engineering Ltd. Pune and Honda Motor Co. Ltd. Japan. The company entered into a technical collaboration contract with Honda Motor co. Ltd., Japan who agreed to provide complete technical assistance to the company comprising technical documents consisting the know-how, information on construction of the plant for the manufacture and guidance in connection with procurement of manufacturing facilities, Honda also agreed to participate in the equity share capital of the company to the extent of 28.56%. The Technical collaboration agreement was for 10 years from 8th August, 1984. The company was to pay Honda, Technical know-how fee of Rs. 47 Lakhs and Royalty at the rate of 4% for a period of 7 years from the date of commercial prodcution. During 1987-88, the company entered into a technical collaboration agreement with Kinetic Engg. Ltd., for technical knowhow for the manufacture of Luna Mopeds, within the available installed capacity. 2000 - Pune-based Kinetic Motoros Company Ltd has been awarded the `highest exporter with continuous export excellence award' in the non-SSI category, by the Engineering Exports Promotional Counail. - Two-wheeler majors -- Kinetic Engineering Ltd and Kinetic Motor Company Ltd, both part of the Rs 1,000-crore Kinetic Group Have together appointed Madison Media, the media buying unit Of Madison Communications as their Agency on Record. - The Company will launch an upgraded version of its 98 cc Scooter Marvel to overcome the market perception of being a single product company. - Kinetic group's automotive businss has been split into three operating divisions comprising the scooter, moped and motorcycle businesses. 2001 - The Compensation Committee of the board of directors has Allotted 39,100 No. of equity shares of Rs 10 each at a premiue of Rs 20 per share to 19 employees exercising their `option' under company's ESOP. - Kinetic on August 16 launched a 110 cc scooter and said it would introduce a new motorcycle range next month as part of its strategy to achieve a Rs 2,000 crore turnover in fiscal 2003. Called 'ZX Zoom', the new scooter has been priced at Rs 37,215. -2002-Kinetic Motor Company Ltd has informed BSE that Mr A M Shirolkar has been appointed as Director (Technical) of the company with effect from November 1, 2002. 2003 -The Board approved Voluntary Retirement Scheme (VRS) for company's employees working at Pithampur plant. -Kinetic Motors launched the `Campus Chill' - a new variant of Kinetic. 2004 -Kinetic bags rights to manufacture 7 Italjet models -Kinetic Motor unveils feature-rich `Zing 80' scooterette at nearly Rs 5,000 lesser than similar models from other competitors -Kinetic Motors has announced the launch of Kinetic Nova 135, a 135 cc gearless scooter 2005 -Kinetic unveils Italjet range on June 7, 2005 -Kinetic Motors ties up with Tata Indicom -Kinetic unveils `Kine' scooterette in Pune -Kinetic launches Italian-designed scooters. -Kinetic on November 8 launched gearless scooter<br />Company Background - Kinetic Motor CompanyIndustry NameAuto - 2 & 3 WheelersHouse NameFirodias GroupCollaborative Country NameN.A.Joint Sector NameN.A.Year Of Incorporation1984Year Of Commercial ProductionN.A.Regd. OfficeAddress429-A, Jain Shripal Bhavan,, Clerk Colony,DistrictIndoreStateMadhya PradeshPin Code452011Tel. No.9520-27472222Fax No.9520-27475843,9520-253087Email : njl@kmcl.kineticindia.comInternet : http://www.kinetic2wheelers.com/AuditorsLakhani & Co.Company Status N.A.RegistrarsName Link Intime India Pvt. Ltd.Address Block 202, 2nd Floor, Akshya Complex, Off Dhole Patil Road, Pune - 411001, MaharashtraTel. No. : 26051629, 26050084Fax No. : 26053503Email : pune@linkintime.co.in<br />Location Details - Kinetic Motor CompanyLocation TypeAddressHead OfficeD1 Block, Plot No.18/2, Chinchwad. Pune - 411019Maharashtra - IndiaPhone : 27602222Fax : Email : jane@kineticindia.comInternet : N.A.Registered OfficePlot No 2, Industrial Area No 1, Pithampur Dhar District - 454775Madhya Pradesh - IndiaPhone : 253009 253010 253011 253012, 253015, 253501/ 02/ 0Fax : 253087 253158, 253159Email : njl@kmcl.kineticindia.comInternet : N.A.Head Office/Share DepartmentNeeta Towers, Mumbai Pune Road, Pune - 411012Maharashtra - IndiaPhone : 779903,779914,778307,779904,7146903Fax : 779906- 7146806Email : N.A.Internet : N.A.Factory/plantPithampur, Dhar District - 454775Madhya Pradesh - IndiaPhone : Fax : Email : N.A.Internet : N.A.Factory/plantDelhi Road Meerut - 250002Uttar Pradesh - IndiaPhone : Fax : Email : N.A.Internet : N.A.Factory/plantSupa Parner, Ahmednagar District - Maharashtra - IndiaPhone : Fax : Email : N.A.Internet : N.A.Factory/plantPithampur, Dist. Dhar Dhar District - 454775Madhya Pradesh - IndiaPhone : Fax : Email : N.A.Internet : N.A.Registered Office429-A, Jain Shripal Bhavan, Clerk Colony, Pardeshipura Indore - 452011Madhya Pradesh - IndiaPhone : 27472222, 253009, 253010, 253011, 253012/13/15, 25Fax : 27475843, 253087,253158/9Email : njl@kmcl.kineticindia.comInternet : N.A.Corporate OfficeD1 Block, Plot No.18/2, Chinchwad Pune - 411019Maharashtra - IndiaPhone : 27602222Fax : Email : jane@kineticindia.comInternet : N.A.Factory/plantSupa Parner Ahmednagar District - Maharashtra - IndiaPhone : Fax : Email : N.A.Internet : N.A.<br />ProductsBrandsMotorcyclesPremium Motorcycles Comet Aquila Sporty Motorcycles GF Laser GF 170 CityCommuter Motorcycles Stryker GF 125 Velocity Boss 115 Boss EXScootersFamily Scooters Blaze 4s Nova 135 Kinetic SYM Flyte Zoom Nova EX NovaScooterettes Kine Zing 80 Utility VehiclesLoadcarrying Vehicles V2 King Economical and Fun Luna<br />Customized Products of KineticKinetic, in addition to two-wheeler range, develops customized products for certain countries. Some of the customized products are mentioned below: <br />Electric scooter <br />Go kart <br />Children's bikes <br />Modified scooters for the disabled <br />Delivery vehicles <br />Police vehicles <br />Emergency medical assistance vehicles <br />Company FlashbackKinetic Group, as a whole, sold more than 6 million vehicles in India. The company has a history of innovation and pioneering and has introduced several concepts that have revolutionized the two wheeler industry. It brought the concept of personalized transport in the country with the launch of the moped 'Luna' in 1974.Kinetic, in 1984, brought to the market the first-ever gearless scooter which has come to symbolize comfort, convenience and universal appeal. The credit of technologies like four valve engines, electric start on scooters and motorcycles, v- twin engines, USD forks etc. goes to this company. Kinetic is the only company in India to offer top-end world class bikes Comet and Aquila to the bike market.The following are the achievements of Kinetic: <br />Presently, Kinetic vehicles are sold in more than 40 countries including North America, Europe, Australia, Central America, South America, Africa, Middle East and Asia. <br />More than 150, 000 vehicles are exported. 25,000 vehicles exported to USA. <br />Kinetic is the winner of 14 Exports Exellence awards on state and national level including the prestigious national trophy for top export performance. <br />Have assembly lines in many countries in Africa, Asia and Latin America. <br />,[object Object]](https://image.slidesharecdn.com/aprojectreportonautomobileindustry-110413170447-phpapp02/85/a-project-report-on-automobile-industry-1-320.jpg)
![Company profile:Maruti Suzuki India Limited (MSIL, formerly Maruti Udyog Limited), a subsidiary of Suzuki Motor Corporation of Japan, is India's largest passenger car company, accounting for over 50 per cent of the domestic car market. Corporate governance: In India, 'Corporate Governance' standards for listed companies are stipulated by Securities and Exchange Board of India ( SEBI) through a special provision- Clause 49 of the Listing Agreement.As a conscious and vigilant organization, Maruti Suzuki had initiated good 'Corporate Governance' practices even before Clause 49 became applicable and these practices form an integral part of the company’s governance culture. The Company strives to foster a corporate culture in which high standards of ethical behavior, individual accountability and transparent disclosure are ingrained in all its business dealings and shared by its Board of Directors, Management and Employees.The Company has established systems & procedures to ensure that its Board of Directors is well-informed and well-equipped to fulfill its overall responsibilities and to provide the management strategic direction it needs to create long-term shareholder value.On its Board, the Company has four non-Executive- Independent Directors of high stature from varied backgrounds, who bring with them rich experience and high ethical standards.In recent years, the Company has evolved a Control Self Assessment mechanism to evaluate the effectiveness of internal controls over financial reporting.Key internal controls over financial reporting were identified and put to self assessment by control owners in the form of Self Assessment Questionnaires through a web based online tool called quot;
Control Managersquot;
.With the successful implementation of the online Controls Self Assessment framework, the Company has become one of the few companies in India to have a transparent framework for evaluating the effectiveness of internal controls over financial reporting. The initiative further reinforces the commitment of the Company to adopt best corporate governance practices Full Range of carsWe offer 14 brands and over 150 variants ranging from people’s car Maruti 800 to the stylish hatchback Ritz. Our range of cars include people movers - Omni and Eeco, international brands - Alto, Alto-K10, A-star, WagonR, Swift and Estilo, off-roader - Gypsy, SUV - Grand Vitara, sedans - SX4 and Swift DZire. 25 years of trustMaruti has always spelt trust - be it with the products themselves or with the service standards. We have built trust by aligning ourselves with the needs of customers. See how we have done that over the 25 years. Customer DelightCreating Customer Delight is not a recent discovery for the company rather the expression finds roots in the company vision. Taking forward the same spirit the company is committed to serve many more customers through a numerous way..in times to come....<br />,[object Object]](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
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- 4. VISION OF YAMAHA MOTERS
- 5. MISSION OF YAMAHA MOTERS
- 8. We are committed to:
- 9. Be the Exclusive & Trusted Brand renowned for marketing and manufacturing of YAMAHA products, focusing on serving our customer where we can build long term relationships by raising their lifestyle through performance excellence, proactive design & innovative technology. Our innovative solutions will always exceed the changing needs of our customers and provide value added vehicles.
- 10. Build the Winning Team with capabilities for success, thriving in a climate for action and delivering results. Our employees are the most valuable assets and we intend to develop them to achieve international level of professionalism with progressive career development. As a good corporate citizen, we will conduct our business ethically and socially in a responsible manner with concerns for the environment.
- 11. Grow through continuously innovating our business processes for creating value and knowledge across our customers thereby earning the loyalty of our partners & increasing our stakeholder value.PRDUCTS OF INDAINYAMAHA MOTERS:<br /> MT01<br />YZF-R1<br />YZF-R15<br />Fazer<br />FZS<br />FZ16<br />SZX<br />SZ<br />SS125<br />YBR125<br />YBR110<br />Crux<br />Products name<br />vmax<br />VMAX the Legend continues…<br />Awesome acceleration feeling together with strong performanceDistinctive, precise and sharp handlingA sophisticated chassis with unique bodywork<br />With these main aims in mind, the development team have created an all-new powerful state-of-the-art 1,679cc V4 engine providing 200 PS and 166.8 Nm of torque combined with Yamaha’s finest and latest electronic engine control technology such as YCC-I and YCC-T. We’ve also created an all-new low-profile diamond-type frame, which uses the engine as a stressed member in order to deliver the right balance of rigidity, which makes for excellent straight line stability – together with precise and sharp levels of cornering. All packed in a head-turning and forceful appearance.<br />Owners of the original model – as well as newcomers to the VMAX world – can be sure that the new VMAX delivers an unforgettable combination of innovation and acceleration.<br />The new VMAX stays true to the philosophy of the genuine hot-rod. Imagine yourself gripping the drag bars and feeling the mega-wide 200/50 R18 rear tyre transfer all the V4’s incredible 200 PS and 166.8 Nm of throbbing torque to the ground – it’s got to the ultimate adrenaline ride. <br /> 2 PRODUCT<br />The Fazer, gets its DNA from the global Fazer series known for their sports touring, awesome looks. It has a “Look-at-me” appeal with the triple macho design concept giving it a concentrated form with excellent ergonomics. It has the beautifully contoured color – coordinated aerodynamic cowling to keep the wind blast at bay. With its comfortable riding position and seat the rider can enjoy a week end getaway or head off on a touring holiday. <br />Toll Free Number<br />1800-420-1600 begin_of_the_skype_highlighting 1800-420-1600 end_of_the_skype_highlighting<br />8AM to 5PMOR Write to us at: backoffice@yamaha-motor-india.com <br />Address<br />India Yamaha Motor Pvt. Ltd.A-3, Industrial Area, Noida-Dadri Road,Surajpur -201306,Distt. Gautam Budh Nagar (UP) India.<br /> <br />Just like FZ16 and FZ-S, Fazer carries the Monocross suspension to ensure agile running performance and handling. The placement of this model’s ‘MidShip Muffler’ toward the center of the machine gives it a good concentration of mass, exhaust efficiency and handling. Fazer has the “140/60-17” size rear radial tyre with a 60% aspect ratio contributes to better grip and handling stability.<br />The Fazer will be available in four color Electric Blue, Midnight Black, Lava Red and Flaming Orange.<br /> India Yamaha Motor inaugurated New Plant at Surajpur (Greater Noida)<br />. <br />The new Surajpur plant has been inaugurated by Mr. T.Kazikawa C.E.O & MD Yamaha Global on 6th July 2009, which have capacity to produce 6 lakh motorcycles annually including Fazer followed by FZ-16, FZ-S, YZF-R15 and other models. The plant capacity can be augmented up to 1 million units. <br /> <br />