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Analysis of
IMC of Mid-priced
cars ( above 4
lakhs up to
8 lakhs)PRESENTED BY
VIMAL MOURYA-PG10-99
A mid size car is referred to as an automobile with a size between that of compact and full size cars.
The price range of mid size cars lies between Rs 4 to 8 lakhs. The mid size cars have the capacity to carry 4 passengers- 2 adults and 2 children.
The credit of manufacturing of these cars goes to companies like- Fiat India, Ford, General Motors, Hindustan Motors, Hyundai motors, Maruti Udyog, San Motors and Tata Motors. While the companies like- Ford, Hyundai, General Motors and Mahindra & Mahindra are yet to launch their models under this segment. This model basically target executive class.
India to be No. 3 auto market by 2015
BIG PLAYER IN INDIAN MARKET
Leading Indian Automobile Firms
Firm Products Foreign PartnerMarket
Value (in $ Billions)
Stock Listing
Tata MotorsPassenger and
Commercial VehiclesFiat 11.6
Mumbai,New York
Bajaj AutoTwo and Three -
Wheelers
Renault-Nissan for planned small car
9.2Mumbai,London
(Holding Firm)
Maruti Suzuki
Passenger Vehicles Suzuki Motor 8.8 Mumbai
Mahindra & Mahindra
Passenger and Commercial
Vehicles, Farm Equipment, Two-
wheelers
Navistar for Commercial
Vehicles8.7
Mumbai, London
Hero Honda Two - Wheelers Honda Motor 7.9 Mumbai
Market value data based on full capitalization as on September 20, 2010
BRIC Spotlight Report-2010
PASSENGER VEHICLE MARKET SHARE
India Is Now the 7th Largest Vehicle Producer
in the World
TARGET MARKET
SERVICE CLASS PEOPLE
BUSINESS MAN
UPPER MIDDLE CLASS
Established in December 1983, Maruti Suzuki India Ltd. has ushered a revolution in the Indian car industry. This car is meant for an average Indian individual which is affordable as well as has elegant appeal. Maruti Suzuki India Ltd. is the result of collaboration of Maruti with Suzuki of Japan. At this time, the Indian car market had stagnated at a volume of 30,000 to 40,000 cars for the decade ending 1983. This was from where Maruti took over.The company has crossed the milestone of becoming the first Indian company in March 1994, by manufacturing in totality one million vehicles. It is known for its mass-production and selling of more than a million cars. Maruti Suzuki India Ltd. is the India's largest automobile company which entered in the market with affirmed aim to render high quality fuel – efficient and low - cost vehicles.
Maruti Suzuki
India Ltd.
Maruti Suzuki
India Ltd.Type Public
Industry Automotive
Founded 1981(as Maruti Udyog Limited)
Headquarters New Delhi, India
Key people Shinzo akanishi, Managing Director and CEO
Target market
Office purpose, Business man
ADVERTISING BUDGET
ONLINE
TV
NEWS PAPER
RADIOMAGAZINES
OUTDOOR
Suzuki advertising budget from $8M in 1995 to over $40M in 2000.
TOTAL ADVERTISING BUDGET- $120 to $150 Million
Maruti A Star-ZXi
Price Rs.4,28,754
Brand ambassador
Farhan Akther
Maruti Swift
Dzire-ZDi
Price Rs.7,09,682
Maruti Ritz-Lxi BSPrice Rs.4,05,872
Maruti Wagon R- AX
Price Rs.4,60,572
AUTO EXPO SHOW
Event Name Auto Expo
Date 7 Jan-11 Jan 2012
Venue Pragati Maidan
City/State New Delhi,Delhi
Country IndiaO
rgan
izer
}Auto Expo ranks as one of the leadin automobile industry trade shows that are held in India and is attended by several leading professionals from this sector. The Auto Expo 2012 show draws in a large number of exhibitingd participants, showcasing lubricants, vehicles,aCNGUnits,auto-electrical items, CAD/CAM tools and a host of other related automotive instruments and design solutions. Auto Expo draws in more than 2100 professional exhibitors, looking to gain greater visibility for their vehicles and other related products and accessories.The Auto Expo with more than 1,80,00,000 regular visitors rank as one of the most highly-attended trade shows of its kind in the country.
Tata Motors LimitedTata Motors Limited is India's
largest automobile company, and is revered as one of the most dynamic, reliable and futuristic automobile manufacturers of the world. Tata Motor cars and vehicles are favored worldwide for their versatile technology features and utility. With more than 130 auto models spanning a wide range of passenger cars, commercial vehicles, and multi-utility vehicles, Tata Motors stands out as a premiere growth booster of Indian automobile industry.
Tata Motors Limited
Type Public company
Industry Automotive
Founded 1945
Founder(s) JRD Tata
Headquarters Mumbai, Maharashtra, India
Area served Worldwide
Key people P. M. Telang, (MD)C. Ramakrishnan, (CFO)
Employees 53,151 (2011)
ADVERTISING BUDGET
ONLINE TV
NEWS PAPER RADIO
MAGAZINES OUTDOOR
• Tata Motors Rs 30 crore spend for the IPL tournament.• 50% of marketing budget will be allocated to TV advertisings, 25% -
promotional activities in Car and Life style Magazines. 25% - will allocated for point of sales promotions, events and co-marketing activities.
TOTAL ADVERTISING BUDGET- `400 to 500 million
Tata Indigo XL-Classic PetrolPrice Rs.5,44,201
Tata Indigo
Manza-Aqua
Safire
Price Rs.4,96,945
Tata Safari-4x2 LX TCIC
Price Rs.6,59,042
Shopping mall/TRADE FARE
Hyundai Motor Company is one of the group company of Hyundai started by the most popular and successful South Korean businessman named Chung Ju Yung. Hyundai is today the fourth largest car manufacturer. The second famous company in the conglomerate is Hyundai Heavy Industries. When introduced in India in 1996, Maruti was the market leader with no competition. Months within launch of Santro, Hyundai became the second largest car manufacturer.
It was followed by mid-size luxury sedan Hyundai Accent and even though it was pulled out of the market, it is still on demand in the market. Hyundai is still manufacturing Hyundai Accent based on orders. The current runaway model that revolutionized the hatchback in India is Hyundai i10. Launched in 2007, it was an instant hit. This model is exported worldwide from Chennai. Other models available in India are Santro Xing, Fluidic Verna, Santa Fe, Hyundai i20 and Hyundai Sonata. Hyundai exports to 110 countries from its state-of-the-art Chennai facility to Europe, Asia, Australia and Middle East countries.
Hyundai Motors
Hyundai Motors
Type Public company
Industry Conglomerate
Founded 1947
Headquarters
Seoul, South Korea
Area served
Worldwide
Employees
149.000
ADVERTISING BUDGET
ONLINE
TV
NEWS PAPER RADIO
MAGAZINES
OUTDOOR
TOTAL ADVERTISING BUDGET- RS 400 to 450 million.
Hyundai Verna Fluidic-1.6 VTVT
Price Rs.7,73,128
Hyundai i10-Magna
Price Rs.4,17,805
Hyundai Accent GLE
Price Rs.5,58,047
Hyundai Santro-Xing XL
Price Rs.4,37,956
Hyundai i20-Asta Price Rs.5,59,900
Mahindra & Mahindra Ltd
*Established in year 1945, Mahindra & Mahindra Ltd. is a subsidiary of Mahindra group. The company manufactures general-purpose utility vehicles. Today, it is the 10th largest private sector company in India, which is into manufacturing of tractors and light commercial vehicles along with other general utility vehicles. With increased scope of work, company's business is divided into four divisions viz. automotive, tractor, inter trade and MSL. These divisions handle steel, trading and manufacturing of ash handling plants and traveling water screens.
Rapidly expanding itself, now the company has seven state-of-the-art factories and 33 sales offices supported by a network of more than 500 dealers throughout the country. The company area exceeds over 5,00,000 square meters and over 17,000 technical and non - technical personnels are employed there.
Type Public
Industry Automotive
Founded 1945
Headquarters Mumbai, Maharashtra, India
Products Automobiles
Employees 119,900
Mahindra & Mahindra Ltd.
ADVERTISING BUDGET
ONLINE
TV
NEWS PAPER
RADIO
MAGAZINES
OUTDOOR
Mahindra Xylo had a budget of Rs 15-18 crore for the first six weeks of the car’s launch.
TOTAL ADVERTISING BUDGET- Rs 350 to 450 million
Mahindra Thar Price India:Rs. 6,85000
Kareena Kapoor- Brand ambassador
Mahindra Xylo-E2
Price Rs.6,12,000
Mahindra Scorpio-W Getaway
Price Rs.7,34,924
Atul Kasbekar-Brand Ambassador
*http://mediarevo.com/2010/05/02/auto-dealer-internet-advertising-budgets-swell/
*BRIC Spotlight Report-2010
*http://amitbiswal.blogspot.com/2011/08/market-share-analysis-of-indian-car.html
*http://www.livemint.com/2011/12/15001447/India-to-be-No-3-auto-market.html?h=B
*http://www.marketingpilgrim.com/2011/03/
*http://www.business-standard.com/india/news/withnano-advertising-budget-tatas-go-creative/352749/
*http://mediarevo.com/2010/05/02/auto-dealer-internet-advertising-budgets-swell/
*http://articles.latimes.com/1991-09-01/business/fi-2540_1_american-suzuki/3
*http://www.articleclick.com/Article/Tata-Motors-Market-Entry/1286851
*http://blog.carazoo.com/tag/indian-car-market
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YOU