STRATEGIC AUDIT OF DAIMLER GROUP
8 Nov 2010
1 . Business summarypage two
2 . Introductionpage 2
3. External analysispage 3
four. Internal analysispage 5
five. Conclusions and recommendationspage almost 8
6. Bibliographypage 9
six. Appendixpage 9
1 . Executive summary
Daimler AG (вЂDaimler') is involved in the development and manufacturing of automotive products, consisting of passenger cars, vans, vans and buses. Daimler motor company wants to encourage its clients with interesting premium autos. In addition , Daimler provides financial services to their customers. This paper includes a strategic audit of Daimler and was carried out on the global level. If the emphasis is place on particular markets performance indications may vary.
The economic crisis has already established a negative influence on the automotive aftermarket. However , indications of economic recovery are starting appearing. Demand for energy efficient and electric autos is supposed to increase significantly as olive oil prices are starting to rise and regulations about CO2 exhausts are tightening.
Within the automotive aftermarket there is fierce rivalry. The strong r and d (вЂR& D') department of Daimler will need to therefore strive to benefit from chances stemming from increased demand for fuel-efficient automobiles. Daimler Chartering and Daimler Trucks, which in turn used to become among the industry's leaders, have lost much within their growth percentages but still have got a high business. The emphasis on alternative energy sources will permit Daimler to enhance its market share with its products. The anticipated market expansion in emerging markets delivers Daimler with further chances. It is therefore essential to enter into strategic partnerships with automotive companies in Russian federation, India, and China. The strong brand image of Mercedes-Bens will help Daimler in this regard.
Four out of 5 of the sections of Daimler motor company experienced a substantial decline in sales during the past couple of years and Daimler completed 2009 having a loss in net earnings. Moreover, the financial functionality of Daimler in 2009 was lower when compared to competition. As a result, the company's credit ratings dropped. Daimler should try to improve the performance of their benefit chain by reducing it is large expenses and improving the relationship with the suppliers. installment payments on your Introduction
Daimler motor company is one of the leading automobile companies and includes Mercedes-Benz Vehicles, Daimler Vans, Mercedes-Benz Vans, Daimler Vehicles, and Daimler Financial Services. Relating to Daimler's 2009 Twelve-monthly Report, their particular product and service break down allows that to be a head in making premium vehicles and commercial vehicles, throughout the world. Their Financial Services unit permits their customers not only to purchase a vehicle from them, but to finance this through them as well. These types of services consist of: financing, renting, insurance and fleet administration.
As creator of the auto, Daimler is continually working to new improvements in the automotive industry. As stated in Daimler's 2009 annual survey their mission is as uses: " to inspire clients with fascinating premium cars that collection standards in design, security, comfort, perceived value, and reliabilityвЂќ. Daimler motor company believes having a strong beliefs behind their particular mission will allow them to attain their objective. Daimler states their idea as " We give each of our best to the customers, whom expect the best, and we live a lifestyle of excellence based on distributed valuesвЂќ. Daimler's vision involves the following: to get among the world's leading automobile companies, inspire customers with the brands, items, and services, occupy the leading position in each industry segment, and the most importantly with pioneering solutions Daimler wants to be the earth leader pertaining to sustainable travel systems and safety (Daimler, 2009, l. 64).
To be able to accomplish their very own mission and ultimately reach their eyesight...
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