ASUMMER TRAINING REPORTON CUSTOMER SATISFACTIONAT
VOLKSWAGENSubmitted In Partial Fulfillment of the Requirement for
the Award of the DegreeOfBACHELOR OF BUSINESS
ADMINISTRATIONSESSION: 2010-2013
Submitted To: Submitted By: Ms. SavitaBedi Ravinder SinghAsst.
Proffessor BBA (Vth sem.)MBA Dept. Roll. No. 1056
SARDAR KEWAL SINGH INSTITUTE OF MANAGEMENT &
TECHNOLOGYKIRMACH (KURUKSHETRA)
PREFACEPractical training is an important part of the
theoretical studies. It is of an immense importance in the field of
management. It offers the student to explore the valuable treasure
of experience and an exposure to real work culture followed by the
industries and thereby helping the students to bridge gap between
in the theories explained in the books and their practical
implementations.Research Project plays an important role in future
building of an individual so that he/she can better understand the
real world in which they have to work in future. The theory greatly
enhances our knowledge and provides opportunities to blend
theoretical with the practical knowledge.I have completed the
project on Customer SatisfactionI have tried to cover each and
every aspect related to the topic with best of my capability hope
that this research would help many.
DECLARATION
I, Ravinder Singh student of Institute of Management studies,
KUK studying in BBA Vth sem have undergone summer training in for 6
weeks and have submitted a project report on the title Study on
Customer Satisfaction at VOLKSWAGEN Productsas assigned by the
company for the partial fulfillment of degree of BBA. I solemnly
declare that the work done by me is original and no copy of it has
been submitted to any other university for an award of other degree
fellowship on similar topic Ravinder Singh
ACKNOWLEDGEMENT
I am highly indebted to Ms. Savita Malik (Asst. Professor in
SKSIMT) for permitting me to undertake my project report. Without
her scholarly guidance, painstaking efforts and persistent
encouragement it would not have been possible for me to complete
this course of study. I am extremely thankful to her, for providing
me all the indispensable data regarding the project along with her
guidance and support. Her constant encouragement and appraisal has
helped me a lot in completing the project. This project was
successful due to the co-operation extended by people who have
truly contributed towards it. I also acknowledge the corporation
extended to me by all the respondents and the staff members without
whose help and co-operation this project would have not been a
success.And finally to those whose lives and writings has come the
wisdom of the ages. We have tried to learn from your legacy.
Ravinder Singh
CONTENTSS.no. ParticularsPage No. 1. Introduction a) Industry
profile b) Company profile c) Introduction to the topic 2.
Objectives of the study 3. Importance of the study 4. Research
Methodology a) Research & its type b) Research design c)
Sources of data d) Sample size e) Sample area 5. Data Analysis
& Interpretation 6. Findings 7. Limitations of the study 8.
Suggestions 9. Conclusion 10. Bibliography 11. Annexure
Industry ProfileIn this era of cutthroat competition, no company
can even survive in the market place without knowing itself and its
products strengths & weakness. It has to fortify itself against
threats from the environment and exploit its strengths or increases
profits. And it order to do so, the company has to conduct regular
surveys to know the consumers opinions, needs and preferences. This
helps the company to manufacture the product like wise for each
customers expectations.It has now become more important for the
customer confidence and higher positioning of buyer perception.
Thus, Surveys becomes genuine key to success.Our present study is
on car segment. The car segment is dominated by many players viz.
Maruti, Tata, Folks Wagon etc. Here our study will focus on folks
wagons market share and their ways to satisfy customers. We will
compare some co.s then we will try to understand the strategies of
these co.s which help these companies to capture large market
share. Further we will also study the consumers behavior towards
the other segment cars. There will be an effort to study the car
owing pattern also.
Corporate ProfileTata Motors is Indias largest automobile
company which is the leader in the commercial vehicles segment. It
is the worlds fourth largest truck manufacturer. The company had
consolidated revenues of 27 billion dollars in 2010-11. The company
was also the first Indian engineering company to be listed on the
New York Stock Exchange (September 2004).Tata Motors has operations
in UK, South Korea, Thailand and Spain. There is Jaguar Land Rover
that it acquired in 2008. It also acquired Daewoo, South Koreas
second largest truck maker.The company has 25,000 employees who
have produced 5.9 million Tata vehicles since 1954. The companys
plants in India are at Jamshedpur (Jharkand), Pun (Maharasthra),
Lucknow (Uttar Pradesh), Pantnagar (Uttarakhand), Sanand (Gujarat)
and Dharwad (Karnataka). It produces both Fiat and Tata cars in
India. It has 3,500 dealerships in India and it distributes Fiat
cars. The company has 4.500 engineers and scientists, as well as
the Companys Engineering Research Centre, established in 1966. The
Company has R&D centers in Pune, Jamshedpur, Lucknow, Dharwad
in India and in South Korea, Spain and the U.K. Tata Motors
developed Indias first Light Commercial Vehicle, the Sports Utility
Vehicle and in 1998, the Tata Indica. Tata Indica became Indias
largest selling car. Tata also launched the Tata Ace, Indias first
mini-truck. Tata also unveiled the Tata Nano, Indias Peoples
Car.
Company HistoryTata Engineering and Locomotive was established
in 1945 to manufacture locomotives. In 1948, steam road roller was
introduced in collaboration with Marshall Sons (United Kingdom). In
1954 there was collaboration with Daimler Benz for the manufacture
of commercial vehicles only. This vehicle was rolled out within 6
months of the contract. In 1959, the Research and Development
Center was set up at Jamshedpur. In 1961, exports began with the
first truck being shipped to Sri Lanka.In 1971, DI engines were
introduced. In 1977, Pune was the place where the first commercial
vehicle was built. Four years after that, there was the manufacture
of Heave Commerical Vehicles. In 1985, the first hydraulic
excavator was produced in a collaboration with Hitachi.
Company Founder(s)JehangirRatanjiDadabhoy Tata was the founded
of Tata Motors. He was awarded the Bharat Ratna in 1992. He was
born in Paris in France as the son of RatanjiDadabhoy Tata and his
mother was French - Suzanne Briere. His father was the cousin of
Jamshedji Tata. He spent his childhood in France. He obtained a
first pilot license in India. He founded Tata Airlines in 1932
which has now become Air India. JRD joined Tata and Sons in 1925.
He was made the chairman 13 years later. He was the director of
many companies like Steel, Engineering, Power, Chemicals and
Hospitality. The company under his chairmanship grew from 100
million dollars to 5 billion dollars. He started with 14
enterprises and in the end when he left there were 95 enterprises.
In 1945, he founded Tata Motors. In 1948, he launched Air India,
Indias first international airline. In 1953, the Indian Government
appointed his as the Chairman of Air India. He also launched a
program to give workers a voice in the company. He founded Tata
Consultancy Services. Company Milestones1986: The Tata 407, the
first light commercial vehicle was produced followed by the Tata
608.1989: The Tatamobile 206- 3rd LCV model was produced. 1991: The
1st indigenous passenger car, the Tata Sierra was introduced. The
one millionth Tata vehicle rolled out this year.1992: The Tata
Estate was launched. 1993: There was a joint venture signed with
Cummins Engine company to manufacture high horsepower and emission
friendly diesel engines.1994: Multiple launches took place: The
Tata Sumo multi utility vehicles were launched as well as the LPT
709, a light commercial vehicle. There was a joint venture with
Daimler to manufacture the Mercedes Benz cars in India. There was
also a joint venture with Tata Holset to manufacture turbochargers
to be used on Cummins engines.
Vision & ValuesThe vision statement of Tata Motors Limited,
India's largest automobile company, is to be "best in the manner in
which we operate, best in the products we deliver, and best in our
value system and ethics."
Awards & RecognitionTata Motors won the Golden Peacock Award
for Corporate Social Responsibility for 2011. This award was
received by SatishBorwankar, VP of Manufacturing Operations and the
head of Industry Relations, Mr. G.S Uppal. It was awarded in April
2011. Customer Support received the Golden Peacock Award in 2011.
The Chief Justice of India gave out the award. Tata Nano won the
Best Car Advertisement of the Year Award by Bloomberg UTV. This was
awarded by Autocar India Awards 2011. Tata Nano also won the GOOD
DESIGN Award for 2010 The Lucknow plant won the Rajiv Gandhi
National Award in 2009. Tata Motors was placed amongst the highest
score band of 50%-55%. Ravi Kant received the Golden Peacock Award
for Business Leadership under the Chairmanship of Justice Bhagwati.
CNBC TV18 gave Mr. Ramakrishnan the award for Indias best CFO by
CNBC TV18 CFO Awards 2010. Tata Motors won the IT Service
Management award for its implementation in Bangalore. Tata Nano won
the Gold Prize in the Best New Product Segment in the
Transportation Category under Edison Awards.
Future Plans
Tata Motors plans to double its sales staff. They have 1,800
people dedicated for the Nano and will hire additional staff to
take the number up to 3,000 people. Tata Motors plans to export
2,000 units per month. Tata Motors also plans to launch the Nano in
Nepal. The car will be on sale across Nepal through the company
distributor. The head of International Business at TATA Motors said
that they are delighted to introduce the TATA Nano in Nepal. They
feel its an ideal small car and the executive chairman said that
they are proud to bring the Nano in Nepal. The price of the Nano
will be NPR 798,000 and bookings will be open for 10 days. All
three variants of the car will be available in the Sipradi
showrooms. Tata Motors will raise funds overseas to reduce debts.
The company may raise $500 million in external commercial bonds.
The Company will invest five billion pounds in the UK in coming
years. It will raise debt capital to increase its debt maturity
profile and reduce its interest cost
Corporate ProfileMaruti Suzuki India Limited (MSIL, formerly
known as MarutiUdyog Limited) is a subsidiary of Suzuki Motor
Corporation, Japan. MSIL has been producing cars in India since
1983. Marutis revenues totaled approximately 73.3 billion rupees in
2009-2010. Its operating profit as of 2009-2010 is 75 billion
rupees while its net profit comes to 6.8 billion rupees.The company
has two manufacturing facilities located at Gurgaon and Manesar,
south of New Delhi, India, which have an annual combined capability
to produce over a 12 lakh (12, 00,000) passenger car units. The
company is planning to invest 17 billion rupees in the Manesar
plant.Maruti is known for its hatchback cars, especially the Maruti
800. Other popular hatchback models include the Maruti Zen and the
Alto. It offers fourteen brands and over one hundred and fifty
variants - Maruti 800, Omni, Eeco, Alto, Alto-K10, A-star, WagonR,
Swift, Ritz and Estilo, Gypsy, SUV Grand Vitara, sedans SX4 and
Swift DZire. Maruti Suzuki introduced factory fitted CNG option on
5 models across vehicle segments. These include Eeco, Alto, Estilo,
Wagon R and Sx4. Maruti Suzuki has an employee strength over 7,600
(as at end March 2010).In 2009-10, the company sold a record
10,18,365 units including 1,47,575 units which we exported
primarily to Europe, the remaining 870,790 sold in India. In the
third quarter of 2009-2010, the company sold 258, 026 units. Thus,
in March 2010, Maruti Suzuki had a India market share of 53.3 per
cent of the Indian passenger car market of 16,33,752 passenger car
units.
Maruti Suzuki will be investing around Rs.1,250crore (Rs 12.5
billion) on capacity expansion of the K-series engines between 2010
and 2012. The expanded annual capacity will be over 7 lakh units
from the present 5 lakh units of K-series engine cars. This will be
a progressive investment to be completed by 2012. It has a sales
network is 802 centers in 555 towns and cities across India. The
customer service support network comprises of 2,740 workshops in
over 1,335 towns and cities. In 2008, Maruti Suzuki India Limited,
unveiled a National Road Safety Mission under which it would train
500,000 people in safe driving in 3 years at 61 Maruti Driving
Schools and 4 Institutes of Driving Training and Research (IDTR) in
Delhi, Dehradun and Vadodara.
Company HistoryIn 1981, Maruti was launched. The company was
started by the Government of India and was initially called Maruti
Technical Services Private Limited. The first Managing Director of
the company was Sanjay Gandhi, late-Indian Prime Minister Indira
Gandhis son. During the period of 1985 to 1996, a few other
significant developments took place including Suzuki taking up 50%
stake in Maruti, leading to a 50-50 joint venture between Maruti
and the Government of India and over 60 per cent of its parts being
produced in India leading to lower costs of production as the parts
didnt have to be imported from abroad. When asked why Suzuki was
chosen as the partner of this established corporation, the chairman
of Maruti, Mr. R. C Bhargava said that the company went to Japan
and none of the companies out of Nissan, Mitsubishi and Daihatsu
were ready to bring 40 per cent equity in India. Suzuki was the
only company which agreed to bring 26 per cent equity in India and
raise it to 40 per cent thereafter.
The first car that the company produced was a four-door Maruti
800 and the second car that the company produced was a
Multi-Utility Vehicle called the Omni. Between 1994 and 1996 Maruti
released the Esteem, the Gypsy, the Omni, the Gypsy King, Zen and
Esteem. It also opened a second plant in Manesar whose capacity at
the time of opening was 2,00,000 units. In 2000 Maruti launched a
call center. This was the first time a car company had ever
launched a call center in India. In this year, Maruti setup a
website for its Wagon-R car, introduced a new model of the Zen, got
the IRTE National Award for its safety initiative, traffic
management and environment protection, launched the Baleno and the
Wagon R with electric power steering, joined hands with Sumitomo
for providing after-sales service and introduced the Suzuki Alto.
The Gurgaon plant had stopped production due to a strike by the
employees. Maruti introduced its first CNG car in 2001. In the same
year Maruti invested 550 crore rupees in manufacturing cars.In
2002, Maruti launched Maruti Finance to offer financial services
like extended warranty and finance for car insurance. It also hiked
its car prices and launched the Versa. This was a good year for
Maruti in exports as it produced 16,000 cars for an order to
Europe. In the next few years Maruti got into collaboration with
various companies to launch car-selling schemes. They partnered
with State Bank of India to launch a scheme where each branch of
the bank would sell a Maruti car. The company also tied-up with
Reliance Industries Limited for lease and fleet management. This
was the same year Kumar Mangalam Birla joined Maruti as an
independent director. From 2005 - 2007 Maruti became the market
leader of Indian cars and in 2006 unveiled the new Wagon-R in
Punjab. In 2007, Maruti launched the SX4 sedan.
Company Milestones1970-1975: The Indian government launched a
new car company called Maruti Technical Services Limited which
created competition for the existing Ambassador Car Company. The
government changed the name of the company to Maruti Limited.
Indira Gandhis son, Sanjay Gandhi became the managing director of
the company. 1976-1981: The Company was liquidated as a result of
corruption. There was a Maruti Scandal in 1978 where the court
issued a notice to Maruti. Sanjay Gandhi passed away. The Company
was re-established when the founders mother, Indira Gandhi took
charge. 1982-85: Maruti produced its first car, the Maruti 800. It
took the company thirteen months to produce this car. This changed
the landscape of the Indian car market as Maruti 800 was the most
cost-effective and fuel-efficient car in India. . Between 1985 and
1995: Maruti launched the Gypsy, the Maruti 1000, the Zen, the
Esteem, and the Maruti On Road Service, a 24-hour service which
gives customers 24-hour access to technicians and vans who are
ready to help with any problem of the car round the clock. In 1987,
the company made its first export sale, selling 500 cars to
Hungary. 2000-2005: Maruti launched Indias first call center and
the Altrura, a luxury car. It also introduced the 16-Valve MPFI
G13BB engine in the Gypsy and the power increased to 80 bhp.Maruti
launched the Swift.2006-2008: Maruti had produced up to six million
cars.Maruti launched the SX4, Swift Diesel and the company was
renamed from MarutiUdyog Limited to Maruti Suzuki India
Limited.Maruti launched the Swift DZire, the A-Star and inaugurated
the K-series engine plant in Gurgaon.2009: The Company shipped the
first batch of A-Star cars from the Mundra port.
Vision & ValuesMaruti is Indias leader in the automobile
industry. It believes that the customer is king. It is making sure
that performance, after sales service and customer support are
really good in India. Here are some key points from Marutis vision
statement:Modernization of the Indian Automobile IndustryDeveloping
cars faster and selling them for less.Production of fuel-efficient
vehicles to conserve scarce resources.Production of large number of
motor vehicles which was necessary for economic growth.Market
Penetration, Market Development Similarly Product Development and
Diversification.Partner relationship management, Value chain, Value
delivery networkMaruti has two values capability and commitment.
Marutis vision is to appear as a Learning Organization. There are
three processes that are critical to develop, reinforce and cascade
a positive, transparent, supportive and high performing work
culture, systems and practices across the company. The first
process is the top level managements ability to walk the talk the
managers ability to deliver on time and at high efficiency levels.
The second is a rewards and recognition program that helps in
assessment. Each member of the organization from the shop floor
level to supervisors to the managers to the lower staff is
recognized and rewarded for their efforts. These include monetary
benefits and in-kind benefits. Employees are given the career
development and career growth rewards. The third process is using
communication techniques like the Newsletter and the Monthly
magazine to highlight expectations and achievements of all the team
members. This three-tiered approach of walking the talk, rewards
and recognition and communication techniques is the three-pronged
approach Maruti is taking to ensure that its visions and values are
met with the topmost standards and that there is a high execution
quotient in their work. Maruti defines its vision statement on its
website to include the following five areas: Customer Obsession:
Making sure that the customer gets what desires.Fast, Flexible and
First Mover: It produces and sells cars as a rapid pace.Innovation
and creativity: It introduces new technologies and new models at a
rapid paceNetworking and Partnership: It believes in partnering
with various companies from producing parts to hosting car
shows.Openness and Learning: People working in the company are
given a chance to experiment and explore.
TechnologyMaruti Suzuki uses an innovative Compressed Natural
Gas technology the Intelligent Gas Port Injection (iGPI) on five of
its models the SX4, Eeco, WagonR, Estilo and Alto. The iGPI
technology delivers more power and runs like a petrol-filled engine
while achieving fuel-efficiency. The iGPI technology uses injectors
for each cylinder and a particular amount of CNG is injection in
the engine through gas ports. The Engine Control Unit controls the
amount of CNG needed for each ride.Two components used by Maruti in
cars such as the Maruti Omni to help increase fuel economy are the
crankshaft sensor and knock sensor. They control the ignition
timing and fuel injection. The crank shaft is a part of the cars
engine that translates its linear motion into rotation. The sensor
is part of the internal combustion engine which monitors the
position and rotational speed of the crankshaft. The knock sensor
is a part thats linked to the cars engine-when the cars engine is
not working it knocks on it and usually you hear the knocking
sound. The knock sensor will send a signal to the Powercontrol Car
Module (PCM). The Maruti Swift has a Direct Diesel Injection System
engine. This engine has efficient combustion, higher torque and
cleaner emissions. It is an extremely light engine and has a 75
bhp, 190 Nm of torque capacity. It has a five-step multi-injection
technology that makes the car run more smoothly than other cars. It
also has a Double Over Head Camshaft that gives the engine a quick
run. It also has a Chain Drive Timing System. This engine is way
better than the Maruti 800 engine which has a Single Over Head
Camshaft and only two valves per cylinder while the Swift has
sixteen-valve cylinder. The Maruti Suzuki SX4 has a Variable Valve
Timing engine. According to the company, they will use K-Series
engines in all car models. Indias largest car manufacturer Maruti
Suzuki decided to implement the K-series petrol engine in all the
models for at least five years according to a company report. The
K-Series engine is a straight four cylinder engine that comes in
Single Overhead Camshaft and Double Overhead Camshaft variants.
This engine will be made in the MarutiManesar plant in Haryana for
the A-Star car which is produced in India and sold in Europe. The
K-Series engine is Euro 4 and Euro 5 compliant and is the most
advanced of engines. The engine has a CO2 emission of 109 gm/km and
plans to reduce it further. The engine is extremely fuel
efficient.
Awards & RecognitionNationalMaruti Suzuki Alto received the
TNS Voice of Customer Award in 2008. TNS Global is a market
research firm. In the same year Maruti received the CNBC-Autocar
India Award in the category Best Value for Money Car for the SX4.
It also received the CNBC-Autocar India Best Mid Size Car Award and
the CNBC-Autocar India Car of the Viewers Choice Award for the SX4.
Maruti Suzuki India Limited received The Car Manufacturer of the
Year Award in 2008. In 2009, Maruti won the JD Power Asia Pacific
Customer Satisfaction Index (CSI) Survey award, the JD Power Asia
Pacific Sales Satisfaction Index (SSI) Survey award, the Most
Preferred Car Brand Award at CNBC AWAAZ Consumer Award, the Golden
Peacock Eco-Innovation Award, and the Gold-Award by India
Manufacturing Excellence Awards (IMEA).In 2010, Maruti won the
CNBC-TV18 Overdrive Manufacturer of the Year Award and the Autocar
Manufacturer of the Year Award.Altos Boondon Mein campaign won the
Silver medal of the prestigious Effie Award in 2006 and 2007.
International awardsJapan It won the Car of the Year award by
the Automotive Researchers' & Journalists' Conference, the
2005-2006 Car of the Year, the Goof Design Award by Japan
Industrial Design Promotion Organization and the 2005-2006 Carview
of the Year Award. Iceland & Ireland Maruti Suzuki won the Car
of the Year 2006 given out by the BIBD Association of Automotive
Journalists, the Samperit Irish Car of the Year 2006 given out by
the Irish Motoring Writers Association. New Zealand and Australia
Maruti won the Fairfax AMI Small Car of the Year Award by
Autocar.Future PlansOn May 11, 2011, Maruti announced its plans to
design new car models at its Rohtak Plant in India. The new car
models will be crafted for the next four years for the Indian and
International Market.Maruti is experimenting with new car models in
an effort to stay ahead of its competition and will be responsible
for 25 per cent of Suzuki, its parent companys, revenues. In the
financial year 2010-2011 Maruti Suzuki reported a net sales figure
of 37,522 crore rupees. Maruti will invest in a new plant in
Gujarat which will produce 6 million units a year which is being
done in an effort to make the company the leader in the car market.
The company is having a look at different plants as shown by the
Government of India. In another effort, Maruti will introduce four
new cars in the Indian market: The mass-market hatchback, a utility
vehicle, a new and improved Swift, and a unique SX4.The company
plans to release the design of the YE3, the hatchback by June-July
2011 while the car will actually be shown in the Auto Expo 2012.
The company plans to design the YE3 without any involvement of
Suzuki which is a major feat since most of its cars have been
designed in collaboration with Suzuki in the past. The YE3 will be
a four-door, four seat hatchback and will be available in a
600-800cc engine and a five speed manual transmission.
COMPANY PROFILEVolkswagen
IndustryAutomotive
Founded28 May 1937
Founder(s)Ferdinand Porsche
HeadquartersWolfsburg, Germany
Area servedWorldwide
Key peopleMartinHYPERLINK
"http://en.wikipedia.org/wiki/Martin_Winterkorn"WinterkornChairman
of the Board of Management,Ferdinand HYPERLINK
"http://en.wikipedia.org/wiki/Ferdinand_Pi%C3%ABch"Pich: Chairman
of Volkswagen SupervisoryBoard
ProductsCars
Production output5,271,776 units (2011)
Revenue94.7billion (2011)
Parent Volkswagen Group
Corporate ProfileThe Volkswagen group consists of seven brands:
Volkswagen, Audi, SEAT, Skoda, Volkswagen Commerical Vehicles,
Bentley, Bugaatti, Lamborghinin and Scania. The company has its
headquarters in Walksburg, Europe. It is one of the worlds largest
car manufacturer.In 2010, it increased its customers to 7.2
million. In Europe one in five cars comes from Volkswagen.
Volkswagen means the Peoples car in German. Its slogan is Das Auto
(the Car). Volkswagen is Europes largest automaker. It has a market
share of over 20 per cent. In 2010, Volkswagen had a total global
market share of 11.4 per cent and it is the third largest
manufacturer behind GM and Toyota. 50 per cent of Volkswagen is
held by Porsche AutomobilHoldin, 2.37 per cent by Porsche Holding
GmbH, 20.25 per cent by State of Lower Saxony, 10% miacellaneous,
17 % by the Emirate of Qatar. From the first quarter of 2011 the
Group operates 62 production plants in fifteen European countries
and a further seven countries in the Americas, Asia and Africa.
Around the world, nearly 400,000 employees produce about 30,000
vehicles or are involved in vehicle-related services each working
day. The Volkswagen Group sells its vehicles in 153 countries.
Company HistoryThe companys name was
"GesellschaftzurVorbereitung des Deutschen Volkswagens mbH." This
name was changed to Volkswagen AG in 1938. During the Second World
War, Volkswagen production is switched to armanments. Some 20,000
workers work at the plant to produce armaments.
Volkswagen established a humanitarian fund. The British Military
Government takes responsibility of the company. Volkswagen
production of the Beetle has started. Volkswagen Bully creates
rising demand. In 1956, a separate manufacturing plant for the
Transporter is established. The one millionth Volkswagen is
produced - the Volkswagen Beetle. In 1972, Volkswagen breaks world
car production record with 15,007,034 units assembled. The Beetle
goes ahead of the Ford Model T.In 1973, the Volkswagen Passat goes
into production.
Company Founder(s)Volkswagen was founded in 1937 by the Nazi
trade union. The German couldnt afford anything except for a
motorcycle. BelaBarenyi created the basic design in the middle
1920s. Josef Ganz developed the Standard Superior. In 1933 when
these projects were being developed, Adolf Hitler decided to
sponsor a Volkswagen program. Hitler needed a basic vehicle for
transporting two adults and three children and he called it a
peoples car. Hitler started a new factory and named Ferdinand
Porsche as the engineer who would design the new car. Dr. Ferdinand
Porsche agreed to create the Peoples car for Hitler in 1934. Erwin
Komenda developed the car that is known as the Beetle today. It is
used in Germany since the 1920s. He helped design the bodies of VW
Beetle and various Porsche sports cars. He was born in Weyes, in
Upper Austria near Steyr. He worked as a car body designer in the
Steyr factories. He met Ferdinand Porsche in 1929. He then managed
most cases in Mercedes. He then became the chief engineer and
leader of the Porsche cars. He developed the VW Beetle. Komeda also
designed the Porsche 550 Spyder.
Company Milestones1973: The Passat front wheel drive with four
cylinder engine goes into production.1974: The Golf goes into
production. It becomes a hit and succeeds the Beetle. This year
even the Scirocco goes into production until 1981. 1976: The Golf
GTI comes out of production.1983: Production of the second
generation Golf begins. Robots are deployed for producing it. 1999:
With the production launch of the Lupo 3L TDI, the first production
car to offer fuel consumption of just three litres per 100
kilometres, in July 1999, Volkswagen once again makes automotive
history.2000: In August 2002, at Volkswagen Slovakia, a.s. in
Bratislava, mass production of the Touareg, a luxury-class off-road
vehicle, is started, marking the Volkswagen brand's move into an
entirely new market segment. In December 2002 the "Auto 5000 GmbH"
company, operating a plant at the Group's site in Wolfsburg, starts
production of the Touran compact van. A special collective pay
model has been developed, aimed at implementing lean production and
involving flat hierarchies, team working, flexible working hours
and the deployment of more process expertise by the workforce.2003:
Production of the fifth generation Golf starts.
Vision & ValuesVolkswagen is not an entry level car
manufacturer. They can modify their product for the local country
that they are selling their product to. They can restructure their
product to meet the demands of the local market. They have
differentiated their product. They have an accessible car.
They give their cars a unique feature set. They have a large
dealer network. Volkswagen has nice luxury cars but they dont have
good sporty cars. The service is really good. The company also
strives for excellence in manufacture of high quality cars and they
believe in integrity, respect for people, teamwork, responsibility
and autonomy, leadership skills, excellent professional
qualifications and commitment to a common goal. They are organized
in work groups and believe in personal and professional
development. They also have a philosophy of continuous training.
They provide employees with a training center to develop their
skills. They want to produce a product that is the Best in Class.
They believe in luxury cars.
TechnologyThe Direct Shift Gearbox technology is made up of two
gearboxes. Clutch one serves the first gearbox unit with 1st, 3rd,
5th, 7th and reverse gear and clutch two the second gearbox unit
with 2nd, 4th and 6th gear. This helps the car get more fuel
efficiency. The clutches and gearboxes are controlled by a
combination of mechanics and electronics. This uses information
such as the engine speed, the road speed, the accelerator position
to set optimum gear. DSG allows for fast, smooth gear changes, live
handling, safe driving, and improved fuel economy. When you want to
park your car, you use the Park Assist Button and it will scan to
see whether you have enough space or not to park. You can then stop
the car, select reverse gear and let go of the steering wheel. It
goes automatically into its space.
Awards & RecognitionVokswagen has won the CNBC Overdrive
Volkawagen Polo and Business Standard Motoring Award for the Polo.
The Polo also won the Subros Car India Award. It also won the NDTV
Car and Bike Award, Polo also won the Zigwheels award, the NDTV Car
and Bike Award. The Volkswagen Vento won the BBC TopGear Award, the
Subros Car Award of 2011, theZigwheels award 2011, the NDTV Car
India Award, ZigWheels Award and Motor Vikatan Award..
Future PlansVolkswagen plans to make engines in India. The
company will also manufacture a range of small cars in India. It
already took out the Jetta Sedan and plans to introduce the Phaeton
in India soon. It will also supply engines to foreign markets. The
company is also looking at local vendors to increase sales locally,
maintain low costs in service. Volkswagen will invest Rs. 2,400
crore in India and is also expected to set up a plant in Chakan in
Maharasthra that will produce 1.1 lakh units of cars initially.
Volkswagen wants to increase its sales in India to one million cars
by 2018. They plan to duplicate the success they had in China in
India. The company will need to sell large volumes of cars to
survive in India. Volkswagen India is speaking to Suzuki Motors
India to come up with an India specific Volkswagen car in the
future. The two companies are also wanting to source small diesel
engines as diesel cars are gaining popularity in India.
NEWS OF AUTO EXPO2012Volkswagen to unveil new SUV at Detroit
Show in January 2013Published: Friday, October 26, 2012 4:41 PMBy
Divya Kumar Come January and there will be another SUV concept by
Volkswagen just like the Taigun that has created much abuzz at the
Sao Paulo Motor Show in Brazil. The Volkswagen Up based Taigun has
attracted the attention of car lovers from across countries and its
design was seriously appreciated. Preparing a new SUV concept for
the upcoming 2013 Detroit Motor Show, VW will be showcasing its new
SUV at the show. And it is believed to be the show stopper.
Continue Reading Volkswagen NewsVolkswagen Taigun SUV unveiled,
heading straight to IndiaPublished: Tuesday, October 23, 2012 11:24
AMBy Divya Kumar Whenever a new SUV is in any town in any part of
the world, some suggest that it will be heading to India. This is
right to some extent and one such SUV is the Volkswagen Taigun
(popularly known as Volkswagen Tiguan) which was unveiled recently
in Brazil. This mini SUV is all set to rock the market and give the
Ford Ecosport some tough time. Renault Duster that has recently....
Continue Reading Volkswagen launches 21.74 kmpl Polo Blue GT
petrolPublished: Monday, October 22, 2012 2:18 PMBy Ramendra
Singh
The German car maker is pushing its Volkswagen Polo and
Volkswagen Vento hard. After imbibing a lot of features in these
two cars, the car maker has launched the Polo Blue GT edition. The
best part of this variant is its high frugalness. The rising petrol
prices no longer affect this Volkswagen car and the owner gets the
same peace of mind as that of any other diesel car owner. The Polo
comes with ACT cylinder deactivation technique that.... Continue
Reading Volkswagen Polo and Passat based SUVs in the making, launch
in 2014Published: Friday, October 19, 2012 3:07 PMBy PawanRana
KEY CHRACTERISTICS OF AN EFFECTIVE STRATEGY OF VOLKSWAGENS1.
Long-term directionVolkswagen (VW) released a proposal on Feb 26
with-target of growing annual-vehicles-sales from thecurrent 1
million to 2 million as-well enlarging its-fleet byadding and also
renewing at least 4 models per year by 2018. VW will open a
new-chapter for thecompany'soperationsin China. (Li Fangfang,
2009)VW is currently spending $1billion to build a new plant in
Chattanooga, Tennessee, for the production of a midsize sedan in
2011 with initial capacity of 150,000 cars annually. VWs plans for
2018 include increasing its U.S market shear from 2 percent to 6
percent by selling 800,000 vehicles per annum in the U.S.A. By
2018, VW plans to export 125,000 vehicles from North America to
Europe. VWs plans include large expansions at its Puebla, Mexico
plant. (Fred R. David 2011)The initiation of Strategy 2018 has
begun, along with-the long-term goals of VW in China. It tags along
from-thesuccessful reformation, together at the same time with-the
Olympic-Program; we implemented inthe coming along withthe 2008
Games, said Winfried Vahlnd, executive VP of the VW in China (VGC).
(Li Fangfang, 2009)2. Scope of an organizations activitiesVW is
focusing on theemerging markets such-as China and Brazil for the
purpose reducing cost of production due to cheaper labor cost as
well as raw materials. As a growth strategy VW are planning to
widen their scope of activities to Indonesia where Toyota already
has a manufacturing plant that dominates the market. This will be a
challenge to VW but long term excellent strategic planning might
help the market penetration. VW owns several first-class car
manufacturers, including AUDI, Lamborghini, Bentley, and Bugatti.
Other VW makes include SEAT and SKODA. VW operates-plants inAfrica,
theAmericas, Asia-Pacific, and Europe; VW holds-68% of the-voting
right in Swedish truck-maker Scania and-about 30% MAN AG. The VW
has further extended its market...
Current affairs of vwArvindSaxena appointed the Managing
Director of Volkswagen India Corporate Current Affairs August 2012.
German car maker Volkswagen appointed ArvindSaxena as the Managing
Director of Volkswagen passengers car in IndiaTags : Volkswagen ,
Volkswagen India , ArvindSaxenaVolkswagen Launched Polo Volkswagen
launched its premium hatchback Polo in India on 23 Feb 2010. The
car is priced at Rs 4.34 lakh for the 1.2 litre petrol variant and
Rs 6.70 lakh for the high-end diesel variant.Tags : auto makers ,
auto industry , German auto makers , Volkswagen , Polo , Delhi Auto
Expo.
INTRODUCTION TO THE TOPIC
CUSTOMER SATISFACTIONCustomer satisfaction, abusiness term, is a
measure of how products and services supplied by a company meet or
surpasscustomer expectation. But that seems off when you look at
the separate definitions of the two words that comprise the
term.Customer Satisfaction is the result of a process.
Customer Satisfaction is a measurement or indicator of the
degree to which customers or users of an organizations products or
services are pleased with those products or services.
Customer Satisfaction is a comparison of expectations versus
perception of experience.
Customer Loyalty relates to a relationship between a company and
a customer.
Customer Loyalty includes behaviors (a.k.a. Customer Retention)
where customers make repeat purchases of their current brand,
rather than choosing a competitor brand instead.
Customer Loyalty includes attitudes where a customers judgments
and feelings about a product, service, relationship, brand, or
company are associated with repeat purchases.
It is important to note that Customer Satisfaction and Customer
Loyalty are related but one does not always drive the other. For
example a Customer may not be satisfied, but is loyal. These
customers are called Captives". It is also possible for a customer
to be extremely satisfied, but not loyal. This situation occurs in
highly commoditized markets where there is little to no product
differentiation.
IMPORTANCE Customer satisfaction is the foundation of a good
business.Satisfied customers will make a great foundation for
return business, and they may also bring in their friends and
associates. Remember that customers are the heart of any business.
Keep them satisfied, and encourage them to tell their friends about
their experiences with your business.Enhance Successful
StrategiesCustomer satisfaction surveys ask questions about various
areas, including customer service, employee knowledge or
helpfulness and the policies and procedures of your business.
Inquiring about a recent return may tell you that customers are
happy with your policy and will buy from you again because you back
up your productsKnow Where to ImproveSome business owners may use
customer satisfaction surveys after they experience a drop in sales
volume. If you receive overwhelming responses that your company is
more expensive, you'll have an opportunity to adjust pricing or
manufacturing methods to be competitive. Collect Product or
Services DataYou may not know your customers' dissatisfaction with
your products or services until you read about it on business
review websites. A high number of returns can indicate poor
quality, but if customers don't specify why they don't want the
items, you may not know you're losing sales due to negative details
disseminated about your products. A section of your customer
service survey should be dedicated to the level of satisfaction
with your product or services.
Customer Satisfaction in 7 Steps
1. Encourage Face-to-Face Dealings
2. Respond to Messages Promptly & Keep Your Clients
Informed
3. Be Friendly and Approachable
4. Have a Clearly-Defined Customer Service Policy
5. Attention to Detail .
6. Anticipate Your Clients Needs & Go Out Of Your Way to
Help Them Out.
7. . Honour Your Promises.
OBJECTIVE OF THE STUDY
To know the effective factors of customer awareness and
preferring Volkswagen cars.
To know which kind of offers can attract the new customers. To
know whether the customers are satisfied with the offers given by
the dealer.
Quality products and services will be supplied at competitive
prices.
Any problems with orders or services provided will be dealt with
to ensure minimum inconvenience to the customer and prompt
rectification.
To maintain a high standard of health and safety within the
working environment.
RESEARCH METHODOLOGY
Meaning : Research is an art of scientific investigation. It
basically a carefully investigation for search of new facts in any
branch of knowledge.Research Design : A research design is the
arrangement of conditions for collection and analysis of data in
manner that aims to combine relevance to the research purpose with
economy in procedure. It is a framework, which determines the
course of action towards the collection and analyses of required
data. It may be described as the conceptual structure with in which
the research is conducted. I have adopted descriptive research as
well as explorative design for analysis of data.Sources of Data
Used in Study: Primary: They are those which are collected for the
first time and thus happen to be original in character.1.
Observation method 2. Interview method3. Structured Questionnaire
Secondary data: they are those which have already been collected
and which have already been passed through the statistical
process.1. Books 2. Reports of co.3. websitesSample Size: 100Sample
Area :Sonepat and panipatTools and Technuques of analysis : Average
percentage method.
ANALYSIS ANDINTERPRETATION
Analysis and InterpretationQues1: Do you have a car ?
Options Yes NoTotal
Respondent8020100
Percentage8020100
Analysis :It is clear from the above diagram that 80% of the
people have car.
Ques.2 : why you bought your present car?
OptionsRespondentPercentage
Increase in disposable income3535
Better safety at roads2222
Family needs1616
Suits your lifestyle1515
Increase in family size1212
Total100100
Analysis: from the above we can analyse that 35% of persons
motive for buyins car is Increase in their disposable income,22%s
better safety at roads, 16%s family needs,15%s suits their
lifestyle, 12%s increase in family size.
Ques.3 :Brands of cars that customers having ?
OptionsRespondentPercentage
Maruti4040
Tata Motors3535
Volkswagen1515
Any Other1010
Total100100
Analysis:From the above table and diagram we can analyze that
most of the persons prefer Maruti after that Tata only 10% of the
person prefer Volkswagen.
Ques4 :which modal of Volkswagen do you have?
Modal of CarNo. respondentpercentage
Polo4545
Jetta2525
Vento 2020
Passat1010
Total
100100
Analysis : it is cleared from above table and diagram most
customer prefer small car instead of luxury ones.
Ques. 5: what is your Motivating Factor to buy the car ?
Factor No. of RespondentPercentage
Your family 3636
Society 2828
Life style1212
Culture1010
Any other1414
Total100100
Analysis : as it is clear from the above diagram that most
people are motivated by family and society to by the car.
Ques.6 : what feature you like in the car?
Product featuresNo. of RespondentPercentage
Fuel efficiency 3030
Style 1212
Comfort 1818
Engine power1818
Resale value1212
Any other1010
Total100100
Analysis: as it clear from the above diagram that most of the
people see features like fuel efficiency, comfort and engine
power.
Ques7: what are offers which motivate you to buy the car?
OffersRespondentsPercentage
Free insurance 1616
Special discount1414
Extending service period4040
Finance availability with 0% interest3030
Total
100100
Analysis : extending service period , availability of finance at
0% interest are the offers which motivates most of the customers to
buy the car.Ques8: which variant of the fuel motivates you to buy
the car ?
VariantRespondentsPercentage
Petrol2020
Gas5050
Diesel3030
Total100100
Analysis: from the above table and diagram we can analyze that
gas variant of the car is preferred by most of the customers after
that and finally diesel.
QUES9: Are you satisfied withservice level of authorized dealer
of the company?
Satisfaction levelRespondentsPercentage
Very much satisfied1010
Satisfied6060
Ok1818
Not satisfied1212
Total100100
Analysis: from the above we can analyze that mostly the
customers are satisfied by the services of authorized dealers.
Ques10:weather the company is providing better after sale
service ?
OptionsRespondentspercentage
Yes6565
No2525
No response1010
Total100100
Analysis : From the above we can analyse the 65% of the
customers are satisfied 25% are not satisfied and left 10%not
responded.
FINDINGOF THE STUDY
FINDINS OF THE STUDYIt has been a great job of the research to
present the results in the immaculate way so that the purpose for
which whole of the research has been must be fulfilled.In the light
of the specified objectives of the research study and above
discussion along with the analysis of the data collected following
was interpreted from the data found from the study undertaken: In
India most of the car users are of small cars. The customers of
India prefer family car than luxury car. Car have shown an increase
in craze and trends in the recent past owing to the marketing
strategies, mileage factors, price and ease in handling as may be
clear from the data analyzed.
The advertisement plays a major role in communicating to the
customer information/secificatin abut the product. Among the
supporters of advertising the most preferred media of advertising
in cade of cars is the TV followed by the print-media together.
This is clearly sign of increasing materialism and consumer due to
the invasion of science in public life.
From the study, it was found that people are mostly motivated by
user life style, culture, society and family to buy the
product.
It was found that company is providing better after sales
services which is useful for improving market share and providing
satisfaction to the customers.
It was found that company is satisfying its customers by
providing various offers like :1. 0% interest finance schemes2.
Special discounts on sale of car3. Free insurance4. By extending
the service period
It was also found that company is satisfying its customers on
the basis of features like:1. Fuel efficiency 2. Safety mostly 3.
Sound quality
It was also found that most of the customers gives priority to
the gas fuel variant of the car.
Limitations of the study
it is extremely important to evaluate and consider the
limitations of the study in advance in order to assess the
reliability of the findings.in our study the following limitations
were encountered: Consumers sometimes find it difficult to express
their feeling due to various barriers and thus results may be far
from reality.
The time and money are also big constraints in the course the
course of the research process.
The sample size being smaller may not lead to the generalized
results for a larger population base.
The intensity of advertising, their frequency and media has
combined effect on consumers along with their cultural background.
Thus it is quite difficult to segregate and measure the individual
factors impact on customers.
Sometimes customers give fake information.
Sometimes customers dont give time.
SUGGESTIONS
Today the prices of petrol are increasing day by day. Company
should manufacture more variants in Diesel, Gas engine vehicle.
Number of service centers should be increased.
Provide information about new cars along with their price lists
atleast once in 6 months.
Customers should be educated about the maintainance of the
vehicle i.e. maintenance tips should be provided.
Keep service stations at main locations of the city where many
customers feel it easy to go to service centers.
Easy finance scheme should be launched more and more. Because
easy finance is most competitive tool to Increase the sale.
When it comes to reputation or creating brand image for a car,
TV should be given superiority than any other medium
whatsoever.
CONCLUSION
It can clearly be said on the basis of all the study conducted
so far that Advertisement play a major role in promoting among the
customers. It is immaterial that customers are from which family
status or background. All of them go in for advertisement when it
comes to the purchase decision making of car or a given
product.Advertising that distribute information to consumers that
can help them make better economic decision than they would in
absence of that information provides a positive economic service.
Of course, any advertising that, by deception or by any other
means, induces consumers to make sub optimal decisions provides a
corresponding negative economic service. Some advertising is of
more value others along this dimension.It is unreasonable to
separate the economic and social factors to increase the sale it
isclear now that advertising enhances buyer decision-making by
providing information and supporting brand names. It provides and
efficient means to firms to communicate the utility of a buyer
receives from a product.it supports the various media has the
largely unrealized potential to reduce extremes in the levels of
consumer buying.Customer satisfaction is also the important factor,
which affects the financial position & goodwill of the company.
Customer demands are dynamic, but its consideration is necessary
for every company to make existence into the market.
BIBLIOGRAPHY
Books:Kothari, C.R.Marketing Research, vishwaprakashan, New
DelhiBeri, G.C.Market research, New DelhiReport :sustainability
report of
VolkswagenWebsites:http://www.tatamotors.comhttp://www.driveinside.com/profile/tata-motors-india/11/http://www.driveinside.com/profile/maruti-suzuki-india/17/Website:
http://www.volkswagen.co.inhttp://www.driveinside.com/profile/volkswagen-india/24/http://www.carkhabri.com/carnews/volkswagenhttp://www.marutisuzuki.comwww.google.com
http://en.wikipedia.org/wiki
QUESTIONNAIRE FOR THE RESEARCHQues1: Do you have a car?1) YES 2)
NO
Ques.2 : why you bought your present car?1) Increase in
disposable income 2) Better safety at roads 3) Family needs4)
Increase in family size5) Suits your life style
Ques.3 :Brands of cars that customers having ?1) Maruti 2) Tata
Motors3) Volkswagen 4) other
Ques4 : which modal of Volkswagen do you have?1) Polo 2)
Jetta
3) Vento 4) Passat
Ques. 5: what is your Motivating Factor to buy the car ?1)
Family 2) society
3) Life style 4) culture
5) Any otherQues.6 : what feature you like in the car?1) Fuel
efficiency 2) style
3) Comfort 4) Engine power
5) Resale value 6) any otherQues7: what are offers which
motivate you to buy the car?1) Free insurance 2) Special discount3)
Extended service period4) Finance availability with 0% interest
Ques8: which variant of the fuel motivates you to buy the
car?1)petrol 2) gas 3) diesel
QUES9: Are you satisfied with service level of authorized dealer
of the company?1) Very much satisfied 2) satisfied2) Ok 4) not
satisfied
Ques10:weather the company is providing better after sale
service ?1) Yes 2) No
3) No response