Jeep Hubli
Jeep Hubli
Jeep Hubli
A INTERSHIP REPORT ON
SUBMITTED BY
REGNO. U02EG21C0015
B.COM VI SEM
Place: DHARWAD
Executive summary.
It is true fact that if you are satisfied you recommend to others word of
mouth and customer satisfaction play a very important role in
determining market prescription in Automobile.
What makes the perfect four wheeler that influences the purchase of
customer?
This project highlights the factors which influences the buying decision of
the consumer.
What is the driving motive behind the effective demand of four wheeler?
Brief introduction
The Indian automobile industry include two-wheeler, trucks, cars,
busses, and three- wheeler which play a crucial role in growth of the
Indian economy. India has emerged as Asia's fourth largest exporter of
automobiles, behind Japan, South Korea and Thailand. The country is
expected to the top the world in car volume with approximation 611
million vehicles on the nation's roads by 2050. The economic progress of
this industry is indicated by the amount of goods and services
producedwhich give the capacity for transportation and boost the sales
of the vehicles. There is huge increase in automobile production with a
catalyst effect by indirectly increasing the demand for a number of raw
materials like steel, rubber, plastics, glass, paint, electronic and services
➤ Employment opportunity
For the candidates with diploma courses and ITI courses there are many
opportunities in this industry. Automobile companies even require IT
specializations. While technical education is offered by plenty of
engineering and polytechnic colleges in India, the eligible candidates are
selected by the companies. The considerable wide scope of automobiles
sector, it is not that surprising that more and more candidates are
dreaming to develop a career In automobile industry. With foreign
automobile companies like Volkswagen, Audi, Renault ete coming in and
targeting India as a base for manufacturing cars, the scope for career in
automobile industry is rising rapidly. ACHIVEMENTS
The first automobile was launched in India in the year 1897 in Bombay.
India crossed the 1 million mark as the fourth largest car market in Asia
recently.
Email id : @bellad-fca.com
Jeep officially launched its first vehicle produced in India -- the 2017
Compass -- at an event in Mumbai on Monday.
The Compass started rolling off the assembly line near Pune, a city
known for its automobile manufacturing in June. The vehicles produced
there will also be exported to other right-hand- drive markets including
UK, Australia and Japan.
"It is expanding into the world's largest markets such as India that is
fuelling our growth and accelerating our expansion," Paul Alcala, who
heads the company's operations in Asia, Jeep's parent company Fiat
Chrysler (FCA) said it has received more than 5,000 pre-orders for the
Compass in just over a month..
Jeep pan India after sales services provided through the world-renowned
Mopar brand ensures that you and your jeep vehicle will never be far
from expert care. There are more than 60 dealerships in India. Among
which one is Bellad enterprises pvt ltd
Legacy of Jeep:
A HERITAGE OF HEROES
For 75 years the Jeep brand has been indelibly linked to freedom, adventure,
authenticity and passion. The brand's unwavering commitment to strength and
meaningful engineering has helped forge an extraordinary, uncommon bond
between the vehicles and their owners.
Our core values are embodied in every Jeep vehicle's DNA. Jeep vehicle owners
have long known that Go Anywhere. Do Anything. is a way of life, not just a
slogan. The Jeep badge stands for more than a brand. In truth, it's a hadge of
honour.
Explore our legendary line-up, then create your own timeless story.
1940-1950
➤ A HERITAGE OF HEROES
"Credit for the original design of the Army's truck -ton, 4x4, may not be
claimed by any single individual or manufacturer. This vehicle is the
result of much research and many tests. "Hogan credited both military
and civilian engineers, especially those working at the Holabird
Quartermaster Depot
1950-1960
➤ Welcome Willys Motors
The 1950s saw the rise of the recreation vehicle, as well as engineering
superiority. Grass-roots enthusiasts helped launch Jeep Jamborees and
took the original freedom machine to new heights in sales thanks to
seven unique models. Willys Trucks and Station Wagons and the
Jeepster Models are not nearly as well known as the ubiquitous and
familiar "Jeep". But in fact, Willys made a number of different truck
models, including the 6-226 truck with an open rear bed (an early
"pickup"), the Forward Control model FC-150 and the 6-226 4x4 station
wagon. Read more about Willys trucks
1960-1970
After the 1971 model year, Wagoneers were exclusively AMC powered.
1970-1980
The all-new Jeep Cherokee (XJ) introduced helped revolutionize the 4x4
market. The mighty XJ introduced many industry firsts, including: the first
compact 4-door SUV, first Unframe construction, and first full-time 4x4 system
with shift-on-the-fly capability.
1990-2000➤ Luxurious SUVs
After about 30 years, the classic Grand Wagoneer gave way with a "Final
Edition" model in 1991. An All-New JeepGrand Cherokee launched in 1993 and
was a larger and more luxurious cousin to the Cherokee with a smoother
motorway ride and a more spacious interior. An All-New Jeep Wrangler (TJ) was
introduced in 1997-that looked very similar to the CJ-7. The TJ used a four-link
coil suspension and featured a new interior. In 1998, the German Daimler-Benz
merged with the Chrysler Corporation (including the Jeep brand) for $36
billion.
The original Grand Cherokee was launched in 1992 as a 1993 model year
vehicle in the luxury SUV segment. The "ZJ" models, manufactured from 1992
to 1998, originally came in three trim levels: base (also known as SE), Laredo,
and Limited, subsequent trims were added, included Orvis (MY 95-98), TSI
(MY97-98). The base model included features such as full instrumentation,
cloth interior, and a standard five- speed manual transmission, while gaining
the moniker "SE" name for the 1994 model year. Power windows and locks
were not standard equipment on the base trim. The minimal price tag
differential resulted in low consumer demand, and as a result, the low-line
model was eventually discontinued. Additional standard features included a
driver-side air bag and four-wheel anti-lock braking system (ABS). The Laredo
was the mid-scale model with standard features that included power windows,
power door locks, cruise control, and a leather wrapped steering wheel.
Exterior features included medium-grey plastic panelling on the lower body
and five-spoke alloy wheels.
The Jeep Line-up Grows
The merger of Daimler-Benz and Chrysler in 1998 started to show the fruits
with the introduction of a number of new Jeep vehicles. In 2001, a new Jeep
Cherokee (KJ) replaced the long-lived Cherokee (XJ). A seven-passenger Jeep
Commander was introduced in 2006. The Jeep Compass and Patriot (MK) and
Jeep Wrangler and Wrangler Unlimited (JK) were all introduced in 2007. A new
Jeep Cherokee (KK) was introduced in 2008. The parent company Chrysler
Group LLC enters into a global alliance with Fiat SPA in 2009.
The radical 2003 Jeep Wrangler Rubicon was the most capable vehicle ever
produced by the Jeep brand. A new four-door Wrangler variant was launched
and took the industry by storm. Wrangler Unlimited opened up the world of
capability to people who needed the room and utility of four doors. In 2006,
Compass and Patriot were the first Jeep vehicles to reach into the small cross-
utility segment. The Jeep Patriot (MK74) is a front-engine five-door compact
crossover SUV manufactured and marketed by Jeep, having debuted with the
Jeep Compass in April 2006 at the New YorkAuto Show for the 2007 model
year.Both cars, as well as Dodge Calibershared the GS platform, differentiated
by their styling and marketing, with the Patriot exclusively offering a four-wheel
drive system, marketed as Freedom
Drive II.
The Patriot was manufactured at Chrysler's Belvidere, Illinois assembly plant
alongside the Compass. Although the model was still selling well even as it was
essentially unchanged as it entered its 11th model year, production ended with
the 2017 modelyear.
2010-Today
➤ Weathering a Storm to New Heights
An All-New redesigned 2011 Grand Cherokee was launched to rave reviews and
refreshed in 2013 with many new styling cues and a new 3.0L EcoDiesel engine.
The All- New 2014 Cherokee replaced the Liberty, promising to redefine the
midsize segment. And in 2015, the Jeep brand entered the small SUV market
with the Renegade, once again bringing capability and Jeep, brand style to a
whole new market.
The Jeep, brand resonates with consumers around the world as global sales
increase to highest point in over 75-year history with 1.41 million units sold
worldwide for 2016. Strategic launches of the all-new Grand Cherokee,
Renegade and Compass vehicles,
SWOT ANALYSIS OF SUTARIA AUTOMOBILES.
1) Strong image and brand reputation -The image of Jeep as a brand is very
strong and it has built a good reputation in the consumers' minds over the
years. The brand advocates spreading positive word of mouth about the
company's vehicles.
2) The iconic design which is associated with ruggedness and reliability "You
don't have to carry a designer bag that costs more than a car to look cool" The
design of Jeep vehicles have included itself in the iconic ones in the automobile
industry. The design of the vehicle itself speaks volumes about the brand and
does not need any introduction.
3) Excellent Off-road Capabilities - "four wheels moves the body. Two wheels
move the soul" The Jeep vehicles have been established for excellent towing
capabilities or we can say strong vehicle segment. This is mainly because of its
4×4 and all-wheel drive abilities.
1) High priced vehicles "your attitude is like a price tag, it shows how valuable
you are" The Jeep vehicles are priced higher in comparison to its competitors.
People who love the brand Jeep are the ones who are mostly interested in
buying it because of this limiting the scope of targeting more customers.
2) Same design over the years - "creativity occurs in the moment, and in that
moment we are timeless" Yes, people recognize Jeep from its design yet they
are using the similar design for a long time which may build a negative
perspective on no innovation in people's minds.
3) Low Global Penetration - The market penetration at the global level is low
which may be because of multiple reasons. This affects the image of the brand
as Jeep poses itself as an international brand.
1) Enter into growing markets-They can look for entering some growing
markets with a slightly lower cost models to increase their reach and establish
itself as a truly global brand.
conscious who likes to travel, hike, and do other adventurous stuff. Jeep is
already placed with a good brand name with such segment so it won't be
difficult for them to further use that as a huge opportunity.
2) Increasing fuel prices - The prices of fuel and maintenance are ever
increasing because of which people are moving towards the cheaper options
like gas, use of cabs, electric, etc. Jeep needs to keep these things in mind for
next level of strategies.
) Increasing pollution and changing government regulations - With changing
environment conditions because of continuous increase in pollution is making
it difficult for countries to carry on with the traditional fuel vehicles, therefore,
they are changing/limiting the use of such vehicles. This is another area of
threat not only for Jeep but other similar brands as well.
Production Information.
The Compass is assembled at plants in Mexico, Brazil, China and India. North
American and European models are manufactured in Toluca, Mexico; moved
from Belvidere, Illinois. In Brazil, the second-generation Jeep Compass start
production the 26 September 2016 at FCA new Goiana, Pernambuco Assembly
Plant. Production of the first-generation Compass and Patriot ended early
2017, with production of the second-generation Compass beginning in spring
of 2017 for North American models. Assembled at Fiat's facility in Ranjangaon,
Maharashtra, it is Jeep's first model assembled in India.
There are other two model in Jeep which are imported to India and other
country and Jeep is now one among the growing automobile company globally.
There are more than approximately 20,000 units of jeep compass are sold this
year.
As we've told you earlier, it is the first Jeep model to be manufactured in India
and it's taken a long time for it to happen. Maharashtra's Chief Minister
Devendra Fadnavis was present at the roll out ceremony and he said that when
he first went to Detroit, he drove the Wrangler and that's when he told the FCA
officials there that a Jeep had to be manufactured in India and well, here it is.
Last month the company unveiled the
SUV in India for the first time and we got a glimpse of what the car looks like. In
fact, we've even gotten behind the wheel of the new Compass and we told you
all about it in our exclusive review.
Organisational service
Explanation:
1. General Manager:
o Oversees the entire dealership operations.
2. Department Heads:
o Sales Manager: Manages the sales team and showroom
operations.
o Service Manager: Supervises the service department and
technicians.
o Parts Manager: Manages parts inventory and parts sales.
3. Functional Departments:
o Sales Department:
Sales Consultants: Assist customers with vehicle selection
and purchases.
Finance Specialists: Handle financing and leasing options for
customers.
CRM (Customer Relationship Management): Manage
customer interactions and relationships.
o Service Department:
Technicians: Perform vehicle maintenance, repairs, and
inspections.
Customer Service: Assist customers with service
appointments, inquiries, and issues.
o Parts Department:
Parts Specialists: Assist customers with parts purchases and
inquiries.
Inventory Specialists: Manage parts inventory, ordering,
and stocking.
RESEARCH METHODOLOGY
Primary objective:
The primary aim is to interpret the satisfaction level of customers using jeep
car and to find out the areas in which it needs to improve to develop a better
perception in the mind of its customers. It entails as to suggest Honda how to
become a no. 1 customer oriented company
Secondary objective:
Research Process
Extensive Literature Survey: before starting the research in-depth study of the
topic was done to form a clear picture of what and how research is to be done.
Formulating the Research Problem: The next step was to find out the problem
of the case. Then the problem was understood thoroughly and rephrasing the
same into meaningful terms from analytical point of view. This step is of
greatest importance in the entire research.
Collecting the Data: The data was collected from various class of people based
on age, sex, income, location.
Analysis of Data: The data collected from various people was segregated into
various categories in order to analyze it. Analysis was done based on more than
22 different parameters
Generalization and Interpretation: Data was tested and upheld several times,
and then generalizations were drawn from the analysis.
Preparation for the report: Lastly report about the research is made.
Consumer buying behaviour signifies more than just the approach of consumer
towards buying a product. Marketing efforts therefore also emphasize on
consumer's consumption of services, ideas and activities. The manner in which
consumer buys a product is extremely important to marketers. It involves
understanding a set of decisions (what, why, when, how much and how often)
that the consumer makes over the time.
The factors influencing consumer behaviour are classified into two types as
follows:. Internal Factors External or Environmental Factors.
The external factors do not have any effect on the decision process of
consumers, but percolate or filter through the personal determinants, to
influence the decision process. The factors that influence consumer buying
behaviour in general are:
Motivation and participation of consumers in purchasing a specific product.
Consumer's attitude
• Sub-cultural influences
Social group influences - The social group in which individual buyer resides
influences the buying behaviour.
Sampling unit 50
1. Inquiry
3. Need analysis
5. Test dive
7. Trade in offers
8. Finance offers
9. Follow up
10. Booking
11. Delivery
12. Customer retention
All the steps of sales process is important to close a deal or win a deal
We took the data of the customers who are already proud owners of jeep
compass to understand their needs and achievements we also went through
the data of customers who have not purchased Jeep compass and have
brought other cars to understand what made them to buy competition model
To go through this process we prepared the set of questionnaire which can give
us the required data to understand the buying behaviour.
FINDINGS
1. I found out that most of the customers preferred SUV nowadays. Therefore
Jeep is amongst preferred SUV...
2. The customers were price sensitive and would prefer a diesel car rather than
a petrol car may be due to price difference in both fuels.
3. For jeep company's brand name is enough for the customers to buy the cars.
The company has potential buying customers apart from that I found out that
most of the people brought the car by word of mouth communication through
their friends and then followed by advertisement in various medias
4. Lastly I found that most of the customers were very satisfied with the
ambience in the showroom and also satisfied with the knowledge of sales staff.
1. As per survey people would like to buy more cars like Compact SUV Jeep has
the ocean of opportunity kick back with the present demand
3. Jeep should be looking at the training their manpower on regular basis and
refresher training quarterly to keep their manpower updated with present
technology and trend.
4. Hospitality is at par at the Jeep dealership but it can be taken to the next
level where customers get delighted.
5. Demo car play an vital role customer should get the hands on the wheel of
the preferred model at their door step
6. Test drive is most important key stage where majorly customer get
convinced it has adequate and consultant should have knowledge how to deal
with it.
Conclusions:
As per the objective of the study the main aim was to know the consumer
buying behaviour towards jeep compass an entry level luxury SUV.
According to the result obtained majority of the jeep compass luxury cars
customers were satisfied with product because of its high quality and also
knowledge of manpower and showroom hospitality
The respondents also say that the brand image of Jeep will continue to develop
new market segments and continue to expand. Taking advantage of its brand
image to identify with new customers and in new markets.
Overall I had a great experience; the experience I gained will stay with me for a
lifetime. The training has nurtured my ideas towards the world, the people and
me.
BIBLOGRAPY,
➤ WEBSITES:
1. https://www.jeep-india.com
2. https://en.wikipedia.org/wiki/Wiki
3. www.automobilcindustry.com