PowerPoint Presentation USA Automotive Industry U.S. Automotive Manufacturing Industry (Q4 – 2021) Vehicles sold in the U.S. (Q4 2021): 3,325,438 The U.S. Automotive Industry has grown faster than...

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PowerPoint PresentationUSA Automotive IndustryU.S. Automotive Manufacturing Industry (Q4 – 2021)Vehicles sold in the U.S.(Q4 2021):3,325,438The U.S. Automotive Industry has grown faster than anything and the fastest among the industry is the Electric vehicle percentage which was next to 0 in the year 2015 and today it accounts for approximately 28% of the total automotive sales in the country. With the increase in awareness, it is predicted that by 2025 electric vehicles and hybrids will account for approximately 90% of the total automotive sales.Referencehttps://www.dieselforum.org/vehiclesales/u-s-vehicle-sales-dashboard2Vehicle Sales by Fuel TypeCountDieselBEVHybridPlug-in931122.64000000013897868.261197157.68299289.42Current Automotive Industry TrendThe trend is increasing as we can see in the above chart were in the year 2018 diesel used to dominate the sales but it declined and declined further to reduce to 30% in 2021 and further it is predicted that the diesel share in the total share will be down to 10% by 2025 and the electric vehicle will catch up and account for approximately 50% of the total salesReferencehttps://www.dieselforum.org/vehiclesales/u-s-vehicle-sales-dashboard3Types of Vehicle (Trend)Total17196850170099251448691514924011Diesel20182019202020210.430.410.450.3125Electric20182019202020210.190.20.370.22750000000000001Hybrid20182019202020210.380.390.180.45999999999999996Current Automotive Industry Trend (Customer Demands)The customer demand in the automotive industry is the highest because people buy automobiles to fulfil their desire and therefore they look for their favourite colour, white accounts for the maximum demand till date across the globe and in the USA, followed by Black and other colours.4Current Automotive Industry Trend (Body Type)Type20202019Y-o-Y20202019Y-o-YDec.Dec.Jan.-Dec.Jan.-Dec.Passenger Cars354,651397,951-10.9%3,519,0344,821,869-27.0%Light Trucks (Pickup Truck, SUV)1,264,4341,142,12210.7%11,058,33712,239,213-9.6%Total1,619,0851,540,0735.1%14,577,37117,061,082-14.6%The Passenger car growth has been declining ever since, and the same for pickup trucks and SUVS are increasing as can be seen in the above table, this gives only one indication that the overall market share of the SUV and pickup trucks is going to rise in the coming years because of the higher demands for those vehicle types.Referencehttps://www.marklines.com/en/statistics/flash_sales/automotive-sales-in-usa-by-month-20205Trends in New IndustryAs seen in the above chart the most innovative trend in the automotive industry across the globe will be automation by 2030, where it is predicted that most the cars will be automated and new tech players will emerge to give rise to the technology and the production in the automotive industry, and also this trend is already started to grow in the USA with Tesla and other companies trying to manufacture automated vehicles. The present share of autonomous vehicles as a percentage of the total can be seen growing to about 5-7% by 2025 and later rising to 10-15% in 2030.ReferenceMcKinsey & Company 6SummaryBoth the automotive industry and technology are going to rule the world in the coming years like the automotive industry used to rule in the early and later 2000s.From the trends it is clear that for the automobile industry to grow it will need to integrate itself with the technology providers because it is estimated that the world will be dominated by tech, and in an automobile, the technology used will be of autonomous vehiclesThe data is not telling about the failure chances that technology has if it is not successful, this can be because of many reasons like faulty integration, or early innovationTechnology will be dominating the world in this century and that is seen to date, but automobiles to catch up will need to integrate themselves with technology. Both the automotive industry and technology are going to rule the world in the coming years like the automotive industry used to rule in the early and later 2000s. From the trends, it is clear that for the automobile industry to grow it will need to integrate itself with the technology providers because it is estimated that the world will be dominated by tech, and in an automobile, the technology used will be autonomous vehicles. The data is not telling about the failure chances that technology has if it is not successful, this can be because of many reasons like faulty integration, or early innovation7Decision Making Model – The Rational ModelThe Rational Decision-Making Model (Simon 1979) is one of the most used methods while making any decisions as this model leverages objective data, logic and analysis to solve the problem or achieve the goal.Rational Decision-Making Model Steps:The Rational Decision-Making Model (Simon 1979) is one of the most used methods while making any decisions as this model leverages objective data, logic and analysis to solve the problem or achieve the goal. The 7-steps of rational decision-making model are:Define the problemResearch and brainstorm possible solutionSet Standards for success and failureIdentify potential results for each solutionChoose the best solutionTest the solution for resultsIf problem solved implement the solution, or test a new oneReferenceSimon, H. A. (1979). Rational decision making in business organizations. The American economic review, 69(4), 493-513.8Define the ProblemResearch and Brainstorm SolutionsSet Standard for success and failureIdentify potential results for each solutionChoose the best solutionTrack the test for the solutionIf problem is solved implement, if not test new oneDecision Making Model – The Intuitive ModelThe intuitive Decision Model is backed by intuition rather than facts and objectives, the decision-making model allows us to make decisions based on instincts (Sauter 1999).The Intuitive Decision Making Model is beneficial when the decisions are of low value and no data or analysis are there to back the decision.Problems with this are:Short-term emotional biasFlawed Information The intuitive Decision Model is backed by intuition rather than facts and objectives, the decision-making model allows us to make decisions based on instincts. The Intuitive Decision-Making Model is beneficial when the decisions are of low value and no data or analysis are there to back the decision.This decision-making model has a lot of flaws like flawed information, bias and lot many which can make the decision go wrong, therefore this model is not used in high stakes scenarios.ReferenceSauter, V. L. (1999). Intuitive decision-making. Communications of the ACM, 42(6), 109-115.9Decision-Making Model – The Recognition-Primed ModelThe Recognition-Prime Decision Making Model is used in scenarios where the time to act is less and therefore one needs to act quickly based on the information that is available and this is where this decision-making model is most effective.The three steps in this decision-making model are:Experiencing the situationAnalysing the situationImplementing the decisionThe Recognition-Prime Decision Making Model is used in scenarios where the time to act is less and therefore one needs to act quickly based on the information that is available and this is where this decision-making model is most effective. The decision-making model is based on experiencing the situation and analysing it, and later implementing the decision and this is why this is a fast and effective one because the data which is present with the person can gather their thoughts around it and implement it.ReferenceRoss, K. G., Klein, G. A., Thunholm, P., Schmitt, J. F., & Baxter, H. C. (2004). The recognition-primed decision model. ARMY COMBINED ARMS CENTER FORT LEAVENWORTH KS MILITARY REVIEW.10Selection of Decision Making ModelSelected Model: The Rational Decision-Making ModelThe model selected for the project is the rational decision-making model because to analyse the project we have time and the data, and therefore to best present the results it is best to analyse the situation, collect the data and then take a decision to act on.The rational model is selected because of the time and the data available for the project, and therefore it is best to collect all the data and take a decision based on the data which will be a full proof decision which has high chances of succeeding. 11Thank You
Answered 2 days AfterJun 14, 2022

Answer To: PowerPoint Presentation USA Automotive Industry U.S. Automotive Manufacturing Industry (Q4 – 2021)...

Komalavalli answered on Jun 17 2022
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Slide 1
In 2022, the automobile sector will continue to see a transition in business models as electric vehicles gain popularity and technology improvements
in linked devices expand.
These changes are causing stiff competition, which is undermining existing
and strategies and creating enormous new opportunities for both existing OEMs and established
ands
The industry and the
ands that comprise it are at an inflection moment as a result of the pressures combined of changing mobility, changing power train and type of model needs, changing regulatory and customer landscape, and new technological demands.
It has shown resilience, with growing sales and value. Innovation continues to happen rapidly, Electric car demand is increasing, and additional capacity is being built to fulfil that need. Despite the difficulties, the sector is doing well.
Auto Brand Value
Top 100 Automobile Brands 2017 to 2022
Tesla continues to expand, increasing its market capitalization by 40% to $46.0 billion andadvancing three places to become the third most expensive automobile
and
It not only maintains manufacturing capacity and top place in electric car model sales, but it also accumulates value in terms of future captive software sales.
Urge for shift from normal vehicle to Electric Vehicle
For example, in the second half of last year, BYD launched the "Blade Battery," which retains 50 percent more power than comparable chemical batteries, is less susceptible to co
osion, and avoids harmful metals such as cobalt and nickel.
This battery will be utilized in BYD...
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