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  • 7/30/2019 Interfirm Comparision Final

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    MARUTI HONDA

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    ABOUT MARUTI

    MarutiUdyog Limited (MUL) was established in February 1981.

    Largest automobile manufacture in South Asia.

    Headquarter is in Nelson Mandella Road, New Delhi

    Consumer Perceived the M-800 as a VALUE FOR MONEY CAR

    Maruti-800 model is called Butter and Bread model

    It has been rated first in customer satisfaction among all car markers in

    India from 1999 to present

    In February 2012, the company sold its 10th million vehicle in India

    Market leader in India

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    ABOUT HONDA

    Founded: SEPTEMBER 24, 1948 by SOICHIRO HONDA

    Headquarters: Tokyo, Japan

    Honda Motor Company Ltd, a multinational corporation.

    Honda was the first Japanese automobile manufacturer to release a

    dedicated luxury brand.

    Honda was the seventh largest automobile manufacturer in the world behind

    Toyota, General Motors, Volkswagen AG, Hyundai Motor Group, Ford, andNissan in 2010

    Honda invests about 5% of its revenues in research and development

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    VARIOUSMODELOF MARUTI

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    VARIOUSMODELOF HONDA

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    MISSION & VISIONSTATEMENTOF MARUTI

    The Leader in the Indian

    Automobile Industry, Creating

    Customer Delight and

    Shareholder's Wealth, eventually

    become a pride of India

    Modernization of the Indian

    Automobile Industry.

    Developing cars faster and sellingthem for less.

    Production of fuel-efficient

    vehicles to conserve scarce

    resources.

    Partner relationship management,

    Value chain, Value delivery

    network.

    Vision Mission

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    MISSION & VISIONSTATEMENTOF HONDA

    Quality in all jobs - learn,

    think, analyze, evaluate andimprove.

    Reliable products - on time,

    with excellence and

    consistency

    Better communication - listen,

    ask and speak up

    Proceed always with ambition

    and youthfulness

    Respect sound theory, develop

    fresh ideas, and make the most

    effective use of time

    Enjoy work and encourageopen communication

    Vision Mission

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    PRODUCT & SERVICEOF MARUTI

    MARUTI 800 - CHANGE YOUR LIFE

    It has gone beyond being just a car; it has actually changed the lifestyles of

    countless people, by bringing the joy of motoring to millions ALTO - LETS GO

    The alto is a great combination of economy, practicality and styling.. This is

    testified by the 24 August 3, 2003 of covering 3082kms in 24 hours at an average

    speed of 128 kmph.

    WAGON R-INSPIRIED ENGINEERINGThe Wagon RS original tall body design, spaciousness, ergonomically designed

    interior and flexible seating all set it apart from other cars.

    ZENSURRENDER TO THE NEW ZEN

    If you are looking for a car with dropdad looks and unmatched performances,

    then then you need look beyond the Zen. OMNIFITS ALL

    The Omni is truly Indias Original Multipurpose Vehicle. Today it is available in

    six avatars5 seater, 8 seater, cargo, ambulance, CNG and LPG.

    VERSA - THE JOY OF TRAVELLING TOGETHER

    Equipped with twin AC, large sliding doors and flexible seating, the Versaencourages families and friends to enjoy long drives and gateways together.

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    CONTD...

    ESTEEMPERFORMANCE, QUALITY AND FUELEFFICIENCY

    Undoubtedly one of Indias favourite entry level Cclass vehicles, the esteem is

    the perfect combination of power, comfort and economy.

    SWIFT- YOU ARE THE FUEL

    The hot looks, sexy interiors, the automatic climate control, the air bags, the

    power steering moreover, all so affordable. The wait is over. Swift has entered

    MULsportfolio. What are you waiting for?

    SX-4MEN ARE BACK

    Revolutionary European design, world class drive by wire .Most spacious in its

    class, Steering mounted audio controls; with maximum ground clearance, high on

    safety with dual airbags.

    SWIT DZIRE- THE HEART CAR

    A car having everything you desire stunning looks, luxurious interiors, enoughpower to capture your heart. Just slide in desire and take it for a spin. Its sure steals

    many of hearts including yours.

    Ritz - Live the Moment

    Model of 2009 known by the name Suzuki splash having attractive back with

    maximum ground clearance.

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    PRODUCTAND SERVICESOF HONDA Honda Jazz

    Honda Brio

    Honda City ZX & I-VTEC

    Honda Accord

    Honda Civic

    Honda CR-V

    Features:

    Looks and Design:The looks of the Honda cars is stunning or in other words we can say that itis an outstanding design among its competitors.

    Interiors:Interiors are brilliantly designed, Multidimensional dash, Steering wheelwith audio controls, I pod connective music system, comfortable Seat,

    safety features like Airbags etc Engine, Gearbox and Performance:

    I-VTEC engine, Smoothest engine widely spaced gear ratios, Paddle shift,Ride and Handling, Independent suspension on the front, Wheel base ,ABS,Dual air bags and EBD are standard feature of this car.

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    SEGMENTATION, TARGETING & POSITIONING

    Segmentation

    Focusing upper middle and

    upper class(potential customer)

    Targeting

    Urban people

    People with high income

    Usually having a Car want to

    Upgrade

    Positioning

    High quality product High price

    Creating innovative product

    Good Looks and Design

    Segmentation

    Focusing on middle to lower highclass people.

    Targeting

    Rural and Urban people both

    People with high and low income

    People who want to have a car

    Positioning

    Low to medium high quality

    Low to medium price

    Not much innovative

    Benefiting society

    Honda Maruti

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    MARKETSHAREOF MARUTI&HONDA

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    PESTLE ANALYSIS

    Political factor

    FDI policy of government

    Liberalization

    Support by government

    Political factor

    Largest democracy

    Fair amount of political stability

    FDI

    Maruti Honda

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    CONTD

    Economical factor

    People like to spend on

    automobile sector because of

    economic condition

    Continuous rising in income.

    Economical factor

    Availability of raw material

    Availability of labour

    MarutiHonda

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    CONTD...

    Social factor

    Upliftment of middle class

    Population

    Social factor

    Major change in lifestyle

    Increase in urbanisation

    Maruti Honda

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    CONTD

    Technological factor

    A modern compact efficient

    engine

    Bucket seats

    Floor mounted gear box

    Better servicing options and

    cheaper spare parts

    Technological factor

    Internal technology

    development like i-vtec

    engine etc.

    low emissions internal

    combustion and hybrid

    technology.

    New age design

    Maruti Honda

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    CONTD

    Legal Factor

    Legal provision relating to

    environmental population byautomobiles

    Legal provisions relating to

    safety measures

    Ensure a balanced transition

    Making a automobile hub

    Legal Factor

    Product liability lawsuits,

    franchise law that affectdealers or violation of

    emissions laws.

    Maruti Honda

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    CONTD

    Environmental

    Environmentally friendly

    products.

    3Rs (Reduce, Reuse, Recycle)

    Philosophy of "Smaller,

    Fewer, Lighter, Shorter and

    Neater

    Environmental

    Eco-friendly car

    Have planted trees around thefactory

    Recycle

    Maruti Honda

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    SWOT ANALYSISOF MARUTI

    Established distribution and after

    sales network.

    Experience.

    Ability to design products with

    differentiated features.

    Understanding the IndianMarket.

    Strong brand image & loyalty.

    Easy availability of facilities.

    Lack of experience in foreign

    markets.

    New to diesel cars.

    Heavy import tariffs on fully

    built imported models.

    Maruti hasnt proved itself in

    SUV segment like other

    players

    Strength Weakness

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    CONTD

    Increasing purchasing power of

    Indian middle class segment

    Perspective buyers from two

    wheeler segment.

    High export growth potential and

    tax benefit. Export capacity of the company is

    giving new hopes in American and

    UK markets

    MUL has launched its LPG

    version of Wagon R and it was a

    good move simultaneously

    Stiff competition from local &

    foreign players.

    Rising customers expectations.

    Competition from Tata & Hyundai

    China may give a good

    competition as they are also

    planning to enter into Indian car

    segment

    Opportunities Threat

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    SWOT ANALYSISOF HONDA

    Familiar brand name

    High and powerful research and

    development R & D

    New age design.

    Reputation for producing high

    quality products.

    They were a pioneer in

    engineering low emissions internal

    combustion and hybrid technology.

    Innovation

    Cost structure of the Honda is high

    as compare to other automobile

    manufacturers

    Honda focus more on international

    deposits as compare to domestic

    deposits

    Prices for non-luxury vehicles are

    far high as compare to other

    manufacturers

    Strength Weakness

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    CONTD

    Emerging markets is one of the

    best opportunity for this company

    Fuel efficiency is now a days

    termed as one of the bestopportunity the which cans results

    in the best productivity for the

    company

    Various models should be there to

    caters the lower segment

    One of the major threat is the

    economic slowdown

    All the external changes for

    instance taxes, politics as well as

    government are the major threats

    for the Honda Company

    Another threat is the lower cost

    competitors

    Oil prices are contributing a lot

    Towards the loss of the Honda

    company

    Opportunity Threat

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    FUTUREOFHONDA

    Striving to be a company which society will want to exist.

    Producing Eco-friendly products.

    Entering the Solar power industry.

    Raising Fuel Efficiency.

    CO2 Reduction Target.

    Introducing-

    Hybrid Automobiles

    Diesel Automobiles.

    Gasoline AutomobileIntroducing Fuel Cell Car.

    Covering other Classes.

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    FUTUREOFMARUTI

    Planning to design small cars suitable for the Indian conditions as a

    strategy to beat the stiff competition with the entry of global auto

    makers

    Company would capitalise on Suzukis research and development

    capabilities and internal resources to finance its expansion.

    The company's plan to stay away from the ultra low-cost segment

    Maruti Suzuki is looking to make India an exclusive base to

    manufacture small cars for Europe.