Mission Statement:
This business is going to the top of the market because everyone needs a 24hr garage like mine. People will greatly appreciate that this is not just a job as well that its not a common garage. This has always been a very strong passion that I love to do and so will anyone who will work in the Garage. My garage will provide the best service and parts as best as we can do, treat every vehicle like our own.
Summary:
Now, who doesn’t enjoy making something that is already great, even greater? For me, it’s not about making something perfect or better than someone else; it’s about doing my own best and creating something that satisfies me. That is why my customers are number one, literally. They’ll be able to choose the brand of parts they would like and size. I will just provide my service at incredible affordable prices for anyone to be able to enjoy the luxuries of their automobiles, as much as I enjoy turning daily drivers into your own custom nascar-like auto. The Garage will be open and welcoming happy people at any times of the day because we all have our duties we have to attend to, so I’ll try my best to make it easier on my customers to get what they want when they can. APG will be family oriented simply because I am a family man, and customers would be more comfortable around friendlier/ similar people. This is a passion, not just a job that’s bringing in an income, it’s to bring people together who enjoy the same thing but can’t afford it or having hard times because they have no idea about their cars/ moto. We will start with only a small variety of performance parts for the general cars and sport bikes we see on a daily basis to keep a controlled and professionally organized inventory. The Garage will...
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...ployees comfortably with a great pay check. Also deals will be provided, so all my customers can afford this luxury of life without leaving their wallets empty.
Competitive Analysis:
Competition is a bit stiff because there are others who have provided satisfaction to a great amount of people. They have a better reputation than I would, people tend to stick to those who they’ve already used and weren’t disappointed with. May be hard because people will be skeptical about coming to my shop, but I welcome all with open arms. I’ll be able to beat their prices because they charge pretty hefty for something simple. I’d start with German cars because they are more complicated but a lot of people own those cars for the stock performance.
Startup Costs: $10,000 - $50,000
Franchises Available? Yes
Online Operation? Yes
Annual Average Salary: $63,000
Work from home? Yes.
In the fiscal-second quarter that ended Feb. 14, the Memphis, Tennessee-based auto parts retailer reported net sales of $2 billion, an increase of 7.3% from the same period a year ago. Accordingly, domestic same-store sales increase 4.3% for the quarter. Net income for the quarter increased by as much as 9.4% - to $192.8 million – over the same period last year, while diluted earnings per share grew 18.8% to $5.63 per share, marking the thirtieth consecutive quarter of double digit earnings per share growth. These are remarkable figures by any means and reflect the company’s ability to sustain growth.
B&M's website is dedicated to the sale of the company's aftermarket racing products as well as the promotion of the motor sports industry. Therefore, the majority of the users who access the site are motor sports enthusiasts seeking parts or ideas for their latest projects. Originally, B&M limited its product line to be applicable solely with American made muscle cars. This isolated the company's clientele to muscle-car aficionados; the majority of whom were American middle class males. However, due to the internet's global audience, bmracing.com has enabled the co...
Getting a car is an intricate process as there are so many factors to consider. Factors that can be daunting if proper research of the vehicle are not done. Everyone wants to make the most of what they pay for and wants to make sure that his or her car is of the best quality. There are a quite few makes of cars available with quality guaranteed but two of the major would be the American and Japanese made cars. Both are excellent car builders and provide good fuel efficiency vehicles that are cost efficient. However, there are some facts and details that can influence buyers to choose one make over the other, this includes: performance, reliability, and resale value.
Hertz operates its car rental business through various brands in 145 different countries. Hertz was named, for the thirteenth time, by Travel + Leisure readers as the Best Car Rental Agency (Hertz Annual Report, 2013). Hertz is one of the top companies in the car rental industry by obtaining 18.6% of the market share (IBISWorld, 2014). In addition to the leading position that Hertz has built within its industry, the focus was to add more value offerings while recreating the experience in car rentals across the globe. Hertz employs both growth and competitive strategies to sustain competitiveness.
This case study is about “Specialized Bicycle Components Inc.” known as Ride the Red “S”. Specialized was founded in 1974 by Mike Sinyard. According to Chris Murphy, director of marketing for Red “S”, specialized is for serious riders. He says, “The customer is buying the ride from us, not just the bike.” The company began to produce its own bike parts by 1976, and introduced the first major production mountain bike in the world in 1980. Specialized now has an extensive global distribution network of 5000 retailers in 35 countries in Asia, North America, South America, and Australia. They maintained a reputation as the technological leader in the bike and bike accessories. The formal mission is still the same since they established the company “To give everyone the best ride of their life.”
According to Pep Boys, (2015), a third concept known as Express Service Parts allows Pep Boys to sell automotive parts to the professional installer. This concept began in the mid-1990s (Boys, The Pep Boys--Manny, Moe & Jack SWOT Analysis, 2015). Consequently, with this third concept, Pep Boys is able to keep up and exceed their competition’s standards for customer service. The stakeholder values center around a culture of fair play and honest business dealings in the day by day operation of the company. The stakeholders are as follows; Ichan Enterprises, which hold a major part of Pep Boys stock, stock holders, as well as the supply warehouses that resupply Pep Boys with auto parts (Schaefer,
As most car dealers know there has been a huge boost in customers wishing to personalize their vehicles. Many customers consider their vehicle an extension of their own unique personality. But the key to successfully selling aftermarket products as a dealer is showcasing unique vehicles that will catch the eye of the customer. When the customer sees a one of a kind vehicle with clean smooth car window tinting vs. a car with no window tinting at all they are more likely to go for the one with the car window tinting because it is more appealing. If a customer sees a truck that he likes at a dealership but it doesn't have all the features that he saw initially in an add or commercial he may decide not to buy that truck. The customer is more likely to buy a vehicle if it has at least one or two special aftermarket features.
All the other aspects of this company show that even if the economic situation at this point is not that bright their sales is rising, and that all is the result of hard work within and outside the company, UPS structure and UPS management.
The core value of this organization is honesty, reliable, consistent, positive, inspiring, innovative and loving. These values are depicted in the past and present of the organization. Independent Auto Sales and Service is owned by a couple whose love and support among each other built this company. They have been in the business for fifteen years. This shows how reliable and consistent
Italian manufacturer Piaggio ranks as one of the world’s top four players in its core business. It has consolidated leadership in the European 2-wheeler market. Piaggio should not miscalculate its competitors. Competition in the industry is very powerful, not only nationally but internationally as well. This is due to two well-established companies in this sector which are the Japanese Yamaha and Honda. Yamaha and Honda strengths are their long-run experience in the sector and the high quality image of products. Due to participations to the motorcycle championships, these two companies constantly receive positive feedbacks to their efforts in researching for first class products. In the future, other kinds of competitors are expected to arise: Chinese companies whose ability to imitate and create similar products at highly competitive prices is getting more and more dangerous (Piaggio, 2008)
After many decades of success, customers have increasingly become harder to find. Due to relatively new threats to the industry, an increasing numbers of cars and trucks are parked in dealer lots and showrooms, creating an alarming trend of stagnation and profit loss. Foreign based automakers such as Toyota ...
Will be able to take inputs/suggestions from the employees and use the best to improve the business.
Company Overview: Bayerische Motoren Werke AG (BMW) is a German holding company and automobile manufacturer that focuses on the automobile and motorcycle markets worldwide. Franz Josef Popp founded the company in March 1916. BMW is headquartered in Munich, Bavaria, Germany. It also owns and produces Mini cars, and is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad. It divides its activities into the three main segments: Automobiles, Motorcycles and Financial Services. Its BMW automobile range encompasses the 1 Series, including three-door, five-door, coupe and convertible models; the 3 Series, including sedan, touring, coupe and convertible models; the brand new 4 series, featuring an only coupe design; the 5 Series, available in sedan and touring models; the 6 Series, available as a coupe or convertible; the 7 Series large sedan; the Z4 roadster and coupe; the sports utility vehicles, X3, X5 and X6 and M models, such as M3, M5 and M6. It has producing, assembly, service and sales subsidiaries throughout the world. For the sake of this project, I will be focusing on BMW’s automobile range mentioned above but specifically the 3 series line. The BMW 3 series proves to be the most profitable line due to its relatively low cost and affordability whilst featuring the thrill and power of a German engineered vehicle.
But before being able to meet the needs and wants of customers as well as providing them with benefits. We need to work out:
The Capital investment, skilled and licensed labour force, technological advancements, working with good quality suppliers is considered big barriers of entry into this industry. The future requirement of electric cars and hybrid vehicles has opened this industry to some new entrants like Tesla.