This document analyzes two major automobile competitors in India - Maruti Suzuki and Hyundai. It outlines their objectives, strengths, and weaknesses. Maruti Suzuki aims to be a leader in the Indian automobile industry, while Hyundai seeks to provide exceptional value and responsible stewardship. Key strengths of Maruti Suzuki are its distribution networks and brand image in India. Hyundai's strengths are its quality, buying experience, and service. Weaknesses of Maruti Suzuki include a lack of foreign market experience, while Hyundai's weaknesses are higher costs and exchange rate risks.
This document analyzes two major automobile competitors in India - Maruti Suzuki and Hyundai. It outlines their objectives, strengths, and weaknesses. Maruti Suzuki aims to be a leader in the Indian automobile industry, while Hyundai seeks to provide exceptional value and responsible stewardship. Key strengths of Maruti Suzuki are its distribution networks and brand image in India. Hyundai's strengths are its quality, buying experience, and service. Weaknesses of Maruti Suzuki include a lack of foreign market experience, while Hyundai's weaknesses are higher costs and exchange rate risks.
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Competitor analysis ppt with an example of Maruti and Hyundai
This document analyzes two major automobile competitors in India - Maruti Suzuki and Hyundai. It outlines their objectives, strengths, and weaknesses. Maruti Suzuki aims to be a leader in the Indian automobile industry, while Hyundai seeks to provide exceptional value and responsible stewardship. Key strengths of Maruti Suzuki are its distribution networks and brand image in India. Hyundai's strengths are its quality, buying experience, and service. Weaknesses of Maruti Suzuki include a lack of foreign market experience, while Hyundai's weaknesses are higher costs and exchange rate risks.
This document analyzes two major automobile competitors in India - Maruti Suzuki and Hyundai. It outlines their objectives, strengths, and weaknesses. Maruti Suzuki aims to be a leader in the Indian automobile industry, while Hyundai seeks to provide exceptional value and responsible stewardship. Key strengths of Maruti Suzuki are its distribution networks and brand image in India. Hyundai's strengths are its quality, buying experience, and service. Weaknesses of Maruti Suzuki include a lack of foreign market experience, while Hyundai's weaknesses are higher costs and exchange rate risks.
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Analysis
MADE BY: MAHESH &
NAM AN Definition of Competitor Analysis
Competitor analysis is an assessment of the
strategies, strengths and weaknesses of current and potential competitors. This analysis provides both an offensive and defensive strategic context to identify opportunities and threats. OBJECTIVES of Competitor Analysis
To study the market.
To predict and forecast organization’s demand and supply. To formulate strategy. To increase the market share. To study the market trend and pattern. To develop strategy for organizational growth. When the organization is planning for the diversification and expansion plan. Understanding the current strategy ,strengths and weaknesses of a competitor. Insight into future competitor strategies. Stages in competitor analysis OBJECTIVES Maruti suzuki - To be a leader in the Indian automobile industry creating customer delight and shareholder wealth, A pride of India.
Hyundai - To create exceptional automotive value
for our customers by harmoniously blending safety, quality and efficiency. With our diverse team, we will provide responsible stewardship to our community and environment while achieving stability and security now and for future generations. Strengths of Maruti Suzuki
Established distribution and after-sales service
networks.
Understanding of Indian market
. Ability to design products with differentiating features.
Brand image Strengths of HYUNDAI
The quality advantage;
experience fewer problems with their vehicles
A buying experience like no other;
Network of 250 state-of-the-Art showrooms across 189 cities
Highest service quality
Weakness of Maruti Suzuki
Lack of experience in foreign markets
Inexperience with foreign workforce
Heavy import tariffs
Weakness of HYUNDAI
High cost of vehicles compare to other competitors