NPD
New Product Development at the Eberspacher Group
The Ebersp cher Group as a company splits its current research and development funds between three divisions that of exhaust engineering, vehicle heaters and glazing construction. The company is based in Germany, and targets a mainly German automotive market. (The Company, 2004) Its most recent and promising development in terms of its vehicle-heating department is its parking heater with a remote control. "Say goodbye to misty windows," proclaims the website regarding Ebersp cher pre-heaters. Now consumers can start their cars from far away. The product notes that the heater can even "work independent of the engine." The driver can program when the car should start heating "via a timer or remote control unit. So your vehicle is cozy and warm when you open the door. No misted up windows. The engine is ready to go. Making driving more comfortable, safer and healthier in winter." (Pre-Heater, 2004)
Thus, the market segments of the population that are obviously most promising for the product's potential target market are drivers who live in cold climates, probably those who have to get up early for long commutes during the dark hours of winter. The kinds of behavior these drivers show are not necessarily the most car-conscious drivers, it should be noted. The stress of the product's design and marketing is not in the improvement of the car, but of the car driver's lifestyle. Still, the investment required in the car shows that the car is an important part of the driver's daily requirements for his or her work and comfort, if not necessarily...
Automotive Parts Suppliers Automotive Industry faced a serious decline in production in last few years resulting in concurrent decline in production of vehicle parts. Unfortunately the production and consumption of vehicle parts made in the U.S. declined more sharply than total sales of vehicles primarily because due to economic recession, people moved from big trucks and SUVs to smaller passenger cars. As consumption at home declined, exports of automotive parts increased
Automotive Bailout: The three major firms in the United States automotive industry asked the government for a bailout worth $34 billion in December 2008 in order to avoid bankruptcy. These companies asked for the bailout from government because their demise could result in approximately 3 million layoffs within a year, a measure that could plunge the American economy further into economic recession. These three major firms in the American automotive industry
Automotive Industry Current automotive market Current market make up of the global automotive industry: Impact on the American economy Not so long ago, the death knell of General Motors was being sounded by many economists. However, GM has rebounded, largely thanks to its international presence, particularly in Indian, China and Russia. "General Motors [has] appeared to regain its one-time perch as the world's largest automaker. With 2011 sales of more than 9 million vehicles,
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