“Analyzing the cars industry by utilizing ratio analysis”
Title: “Analyzing the fiscal place of cars industry by utilizing ratio analysis”
Purpose of the survey:
This article describes the current state of affairs of the cars industry. The chief aim buttocks is to take this industry to analyse the growing of the current state of affairs and hereafter besides by analysing the past fiscal information of the some companies. Now a yearss people really much attracting towards car industry by seeing new theoretical accounts of the autos, motorcycles, trucks etc. The other side income of the people besides increased so they are holding more buying power to buy the luxuries goods and services to fulfill their demand and wants.
Current Scenario of the cars industry:
Thyminehe Indian car industry is confronting acute lag chiefly due to the current economic scenario. The April-September 2013 production and gross revenues Numberss clearly indicate that all is non good with the industry. The economic lag and depreciation of the Rupee, along with the lifting fuel monetary values and high involvement rates have dampened the car industry. Many automotive companies converted the hardship into an chance by coming up with new launches which have an option of Diesel engines. With the hiking in the gasoline monetary values, the differential monetary value between gasoline and Diesel is presently more than 40 per centum, which lead to an addition in demand for vehicles with a Diesel engine. The three per cent addition in excise responsibility of a certain class of UV merchandises has besides added to the industry’s sufferings. The April-September 2013 estimates show a crisp slowing in auto production and gross revenues as compared to the same period last twelvemonth.
Swaraj Mazda accustomed in 1983, Swaraj Mazda Limited, an Chandigarh, India based car company, is endemic by the Sumitomo Corporation of Japan and Punjab Tractors Limited of India, with a abstruse agreement with Isuzu and Mazda of Japan.
The collection articles ablaze bartering autos like trucks, coachs, ambulances, badge cell bearers, baptise oilers and appropriate vehicles. It exports its articles to states like Nepal, Zambia, Bangladesh, Kenya, Tanzania, Ghana, IvoryCoast, Rwanda, Seychelles, Syria, Jordan.
In June 2006, Swaraj Mazda entered a new Abstruse submiting with Isuzu Motors, Japan. In 2009, Swaraj Mazda started to rhythm out Luxury coachs and medium-duty trucks powered by Isuzu Engines from a new bulb in Punjab. Personal businesss are to personify multi-axle trucks, tractor units and air-conditioned trucks aural the following three old ages. For an acting period, these autos were marketed beneath the Swaraj Mazda Isuzu trade name.
In add-on, Swaraj Mazda is affectional to action the Isuzu D-Max pickup. Former accessary collection Punjab Tractors bogus agronomical tractors and coalesced reapers beneath the Swaraj cast name afore personal businesss 64.6 % to Mahindra Tractors. In 2009, Mahindra and Swaraj Mazda acclimatized a affray over the usage of the Swaraj name, credence Swaraj Mazda to stay application the name for entirely two added old ages.
Swaraj Mazda Limited has abreast the Exchange that at the Board Meeting of the Aggregation captivated on October 1, 2010, the Board of Directors accept to alter the name of the trade name from Swaraj Mazda Limited to SML Isuzu Limited. As of 2011 they no best usage the “ Swaraj ” dramatis personae name.
Ashok Leyland is a bartering auto achievement collection based in Chennai, India. Founded in 1948, the collection is one of India ‘s arch makers of bartering vehicles, such as trucks and coachs, every bit able-bodied as exigency and aggressive vehicles. Operating six workss, Ashok Leyland every bit good makes extra locations and engines for automated and abyssal applications. It sells about 60,000 autos and about 7,000 engines yearly. It is the extra better bartering auto collection in India in the norm and abundant bartering auto section. Ashok Leyland is a bazaar wand in the coach section.
The collection was accustomed in 1948 as Ashok Motors, to roll up Austin autos. The company hereafter and name afflicted anon with disinterestedness agreement by British Leyland and Ashok Leyland commenced accomplish of bartering autos in 1955. Today the collection is the flagship of the Hinduja Group, a British- based and Indian originated multinational pudding stone. Aggregation added investing personal businesss including seting up two new workss in North India are fast afoot. After enlargement, the collection shall assail to stamp the medium- and able bartering autos bazaar in India.
Major Players in Automobile Industry:
Bajaj, Hero MotoCorp, Hindustan Motors, Mahindra and Mahindra Limited, Maruti Suzuki, Tata Motors, TVS, Eicher, Datsun, Yamaha Motors, DC design, Nissan, Renault, Hyundai, BMW, Skoda,Audi etc.
Aims of the survey:
- The chief aims behind to analyse the fiscal place of the cars sector.
- Analyzing fiscal informations of the two major companies and difference between them.
- To cognize about the current and future range of the cars sector.
- To understand the working capital direction system of the company.
- To place the fiscal information of the company.
Scope of the survey:
This survey will assist to understand the overview about the car sector particular two companies Ashok Leyland and Swaraz Mazda. It will assist to understand the basic constructs related to working capital direction in cars sectors in India. It will besides assist to reads acquire cognition about the fiscal status of the cars sectors in India.
Financial informations for ratio analysis: