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This senior exhibition explores the essential question of how automobile manufacturers compete for market share. Analyzing data on US car and light truck sales in 2003, including GM, FORD, DCX, TOYOTA, HONDA, and others, the exhibition delves into factors influencing buyer car selection. Key aspects such as design, affordability, safety, fuel economy, value, innovation, quality, and consumer satisfaction are highlighted. The methods of gaining market share, such as pricing, advertising, customer service, multiple models, concept cars, brand names, and customer loyalty, are discussed. The exhibition also addresses warranty claims, innovation, and challenges faced in the industry such as expense, risk, aggressive competition, timing, and financial resources. Overall, it aims to provide insights into the dynamic landscape of the automobile market.
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Senior Exhibition Essential Question: How do automobile manufacturers compete for market share? By McLean B.
Market Share: Percentage of total car sales from all car manufacturers that one auto manufacturer sells.
US Cars & Light Truckssold in 2003 • GM 28.3% • FORD 20.8% • DCX 14.1% • TOYOTA 11.2% • HONDA 8.0% • OTHER 17.6% • DCX-Daimler/Chrysler http://www.warrantyweek.com/archive/www/20040127.html
How buyers select cars • Design • Affordability • Safety • Fuel Economy • Value • Innovation • Quality • Consumer Satisfaction
DESIGN http://www.ultimatecarpage.com
DESIGN http:www.ultimatecarpage.com
AFFORDIBILITY http://www.hyundaiusa.com
SAFETY http://www.ultimatecarpage.com
VALUE http://www.toyota.com
INNOVATION http://www.bmwusa.com
DESIGN DESIGN http://www.vwvortex.com
DESIGN http://www.ultimatecarpage.com
Methods of Gaining Share • Pricing • Advertising • Customer Service • Multiple Models • Concepts Cars • Brand Names • Customer Loyalty
US Cars & Light Trucks WARRANTY CLAIMS in 2003 http://www.warrantyweek.com/archive/ww20040127.html
INNOVATION http://www.bmwusa.com
INNOVATION http://www.bmwusa.com
INNOVATION http://www.bmwusa.com http://www.bmwusa.com
Issues • Expense • Risk • Aggressive Competition • Timing • Financial Resources
Summary & Questions