Presented by: Ankit Singh MBA (IB) 3rd sem
TATA Motors A profile overview Commercial vehicle business unit:
Tata Motors manufactures more that 130 models of light, medium and heavy commercial vehicles ranging from 2 tonnes to 40 tonnes. (The product portfolio also includes buses ranging from 12-seaters to 60seaters, tippers, special purpose vehicles, offroad vehicles and defense vehicles).
What is Light Commercial Vehicle? A light commercial vehicle usually referred as LCV is a vehicle used for commercial purpose having a load carrying capacity ranging from 4 tonnes to 6 tonnes.
Major players in LCV segment TATA Motors Eicher Ashok Leyland Swaraj Mazda
Need for Research Decreasing Market Share of TATA Motors in
LCV market. Market share of TATA Motors in LCV segment in 2008 was recorded as 48%.
Objective of Research To know the market trend in LCV Market. To know the satisfaction level of customers. To educate customers about their profitability.
Sample Design For field research area sampling was chosen. The target geographical area was divided into 4 districts viz. Indore, Dhar, Dewas and Badwani. Over 40 villages were visited and necessary information was captured and noted down.
Data Collection Telecalling Mass Interview Filling up questionnaires Feedback
Data Analysis PURCHASING PARAMETERS Uptime factor Load factor Volume factor Price factor Safety factor Comfort factor
Key Findings About 80% of the LCV’s are used for
transporting vegetables. Eicher has captured major market share in LCV segment. 75% of LCV users were satisfied with their Eicher vehicle. 60% customers were dissatisfied with TATA vehicles. The uptime factor was the most considered while purchasing a new LCV and comfort factor the last.
Recommendations Quick service facility. Planned inventory of genuine spares. Periodic service camps in rural areas. Increase number of sales associates. Sales persons should have a good knowledge
about the products.
HEARTLY THANKS