How Tesla managed to become the most valuable auto company globally? Tesla’s innovation is defining new era for the global auto industry   Formed merely 17 years ago, Tesla has now become the world’s most valuable car company with USD ~300 bn in terms of valuation. The company has not just created battery-powered electric vehicles that are overtaking old-school...

The global market for tire manufacturing stands at $180 billion. Michelin anticipates the long-term demand to rise at the rate of 5 to 10% a year in developing markets and 1 to 2% a year in mature markets. Moreover, in terms of volume, sales are expected to reach 2.5 billion units by 2020, this will be propelled by an increase in automobile manufacturing. The automobile market, in turn, is...

The primary demand for tires arises from the automobile industry which accounts for 65-70% of the global tire demand. The remaining emanates from mining and construction equipment manufacturing, aviation and industrial sectors. The demand for tires can be categorised into demand from Original Equipment Manufacturer (OEM) and replacement market. The demand from OEM is a function of new...

The transformation of the automotive industry is happening at an incredible pace. In today’s world, three powerful forces are rolling the auto industry, which is the shift in the consumer demand, strict regulatory requirements for safety and fuel economy, and the increasing necessity for the automation of the manufacturing processes. In a continuous dynamic environment, a strong financial...

The motor vehicle parts manufacturers sustain operations based on a healthy demand, driven by sales of new automobiles and demand from the replacement market.  An efficient operator in this industry will need to be extremely focussed on its cost structure to sustain the multiple volatilities that are driven by automotive demands and changes in prices of key costs. The industry consumes a...

  Current Situation Coronavirus Impact The US automobile industry stands at the second largest in the world with total annual vehicle sales adding up to ~17.5 Million Units in 2019. The industry has a long history which covers several peaks and troughs. The US automobile industry rose to prominence with the rise of the big 3 automakers (GM, Ford and Chrysler) during the...

What interrupted Royal Enfield’s extended growth journey? Are new entrants in the market weighing down Royal Enfield’s popularity?   Royal Enfield (RE) is a well-known brand in the motorcycle industry and a name very close to the hearts of bike enthusiasts. For RE loyalists, these bikes are not just a medium to commute but a style statement and a source to...

Overview of the global car market Details of the merger between Fiat Chrysler and PSA Group Challenges of the merger and the future outlook   The global car market is facing tough times with sales figures showing flat-to-falling trend across regions for current as well as the foreseeable future. In 2018 the global car sales fell by 0.6% to 95.1 million as...

Nissan suffering from weak sales Nissan marred by financial misconduct allegations   At a time when the global auto-market is reeling with demand slump as well as disruption from new technology, Nissan, in particular, going through a rather tumultuous time. The automaker recently announced cutting down close to 12,500 jobs globally, or about a tenth of its...

Overview of the growing electric vehicle market Emergence of Rivian Future outlook for Rivian and electric vehicles   The global sales of passenger electric vehicle (EV) including both all-electric (BEV) and plug-in hybrids (PHEV) reached 2.1 million in 2018 and registered 64% higher sales than the previous year. According to the BNEF’s report, the outlook...

An account on China’s car market Reasons for the slowing of auto sales   China overtook the US in 2009 to become the world’s largest car market, this was backed by generous government incentives and rising income levels, the former boasted of a fleet of 240 Mn cars at the end of 2018. While the US had about 910 cars per 1000 people, in terms of market...

Automotive industry, critical to the German economy Impact of the change in emission test policy mandated by the EU Commission Effects of decline in Chinese exports owing to the trade war Possible impact due to the no-deal Brexit and the imposition of the US tariffs on EU cars Switch in customer preferences and struggle in the home market   ...

Chinese government’s drive for EVs, in line with the ‘Made in China 2025’ vision Impact of the change in government policies on local and foreign players Rise of several start-ups, while Tesla plans it moves to China as per the preliminary agreement   Future challenges   In Televisory’s earlier blog ( Electric vehicles revolution, China leads the global...

Overview of the autonomous vehicle sector in the global automobile industry Search giant Baidu’s entry into the autonomous driving space Baidu’s approach in becoming a front-runner in the autonomous driving sphere   The global automobile industry is undergoing a rapid transformation and with the rise of new technology and innovation, the economics of the business...

Per capita car ownership is low as compared to other developed nations and the global average Used cars were not a preferred means of ownership due to lack of trust among buyers and sellers Online start-ups brought back the trust factor through transparency Makeover for used cars in India, no longer a social taboo   Owning a car has evolved from being a...

Flying vehicles and potential advantages Companies involved in the manufacturing of flying vehicles Challenges faced by developers in the development and adoption of flying vehicles The combined worldwide productive man-hours are lost due to seemingly increasing road congestion, which are coupled with pollution. This has made governments and enterprises to seek...

Overview of the current issues faced by Tesla Analysis of the key concerns encountered by the company   Tesla, Inc., the futuristic electric car company’s share prices continue to defy gravity despite the company not making any profit. Lately, it has faced persistent trepidations including lawsuits, interrogations over safety on autopilot functionality, rising debt...

Growth of luxury car market in India Major players and their future prospects   The automobile market in India is one of the largest in the world and accounts for approximately 7.1 per cent of the country’s GDP. The major factors which contributed to the rise in automobile demand within the country were growing purchasing power (especially in the tier 2 and tier 3...

Market scenario for motorcycles Present challenges and threats Area of opportunity    Harley Davidson is an American motorcycle manufacturer, which was established at Wisconsin in 1903. It has since been a leading player with a solid brand presence. Harley motorcycles appeal to a wide range of customers due to its iconic brand. The company also has a strong...

The trucking industry in the U.S., challenges and measures How crucial will be the role of technology?   The American economy relies heavily on trucks and employs around 3.5 million professional drivers to move c. 10.5 billion tons of goods every year. This includes goods for import-export as well as for transportation locally. Additionally,...