Built upon innovation and dreams‚ Honda Motor Company Ltd. being a Japan public multinational corporation is well known as a manufacturer of cars and motorcycles. Honda was established on 24 September 1948 and the respected founder is Soichiro Honda‚ borned in 1906 in Hamamatsu‚ Shizuoka Prefecture of Japan. Mr Soichiro’s father owned a blacksmith ’s shop and earned living repairing bicycles as an avocation. In his youth days‚ Soichiro Honda was apprenticed to a car repair shop in Tokyo. In 1923
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Activa Launched in 2001‚ Honda Activa was the first scooter model of HMSI for the Indian market. A 102 cc scooter‚ Activa was specially designed keeping in view the needs and preferences of Indian consumers who expressed that the conventional Indian scooter was too big and difficult to handle and that the scooterette was too small and similar to a moped... Dio Dio was launched in 2002 as the first motoscooter in the Indian market... The Marketing Strategy Thanks to the success
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EXECUTIVE SUMMARY The establishment of Honda Vietnam‚ which is a joint venture between Honda Group and a state-run company‚ has been considered a political move in the context that the Government wants to protect motorcycle market in Vietnam while still encouraging foreign investments in this sector. With a long – established reputation for quality‚ Honda quickly becomes the largest and most profitable producer in the world and Honda Vietnam is extension of Honda’s operation in this market
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Opportunities‚ Weakness and Threats and by analyzing these factors Nokia can figure out marketing strategy and with the development in Vietnam‚ Nokia is reaching their specific strategy that called “global supply chain strategy”. Table of contents Company profile Nokia‚ a Finnish company was established in 1865 and over the past 150 years‚ Nokia has evolved from a riverside paper mill in south-western Finland to a global telecommunications leader connecting over 1.3 billion people. In 1998‚ Nokia was
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Small is the new big. Is big going to work this time? Will Honda Jazz 2.0 capture the buyer’s imagination? “No matter how small an item is‚ the delight of manufacturing a product is a feeling that probably only an engineer knows” Soichiro Honda‚ Founder‚ Honda Motor Corp. This case is written by Prof. Anish K. Ravi & Mr. R.Gautham Bharathi‚ Chennai Business School‚ Chennai 600 042‚ India. It has been compiled from various sources and is intended to be used as a basis for class discussion rather
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researching what the Gen-Y generation finds appealing in a vehicle‚ but most importantly how the Element was to be priced so that it could be affordable to the Gen Y masses. Honda wanted to attract the young potential customers of the Gen Y generation‚ most importantly a customer that would develop loyalty to Honda in the long run. Honda saw an opportunity to understand what a potential young customer would like in a vehicle‚ especially at the point of their lives were they were of college age or slightly
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million Net Profits USD million • Commenced operations in 1950s and today ranks in the Top 10 business houses of India with Hero Honda‚ Hero Cycles and Munjal Showa being the top 3 1‚810 137 • Comprises 18 companies CAGR = 29% 829 510 25 39 CAGR = 40% • Two of the group companies are the world’s largest manufacturers of twowheelers (Hero Honda) and bicycles (Hero Cycles) 1997-98 1999-2000 2002-03 1997-98 1999-2000 2002-03 MISSION STATEMENT “We‚ at the Hero
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ACKNOWLEDGEMENT The project in its present form and state would not have been possible had it not been for the able guidance and support of Prof. Sandip Anand whom we always looked up to‚ when faced with any difficulty and have disturbed him at all times and hours. We would also like to thank our seniors and classmates who provided us with references required for collection of data. No research would be successful‚ without the active involvement of the respondents and we take this opportunity
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1 INTRODUCTION TO GLOBAL MARKETING SUMMARY A company that engages in global marketing focuses resources on global market opportunities and threats. Successful global marketers such as Nestle‚ Coca-Cola‚ and Honda use familiar marketing mix elements – the four Ps – to create global marketing programs. Marketing‚ R&D‚ manufacturing‚ and other activities comprise a firm’s value chain; firms configure activities to create superior customer value on a global basis. Global companies also maintain
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1 INTRODUCTION TO GLOBAL MARKETING SUMMARY A company that engages in global marketing focuses resources on global market opportunities and threats. Successful global marketers such as Nestle‚ Coca-Cola‚ and Honda use familiar marketing mix elements – the four Ps – to create global marketing programs. Marketing‚ R&D‚ manufacturing‚ and other activities comprise a firm’s value chain; firms configure activities to create superior customer value on a global basis. Global companies also maintain
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