Posts Tagged ‘Automotive’

A Description Of Several Automotive Jobs

A Description Of Several Automotive Jobs

Free Online Articles Directory

Why Submit Articles?
Top Authors
Top Articles
FAQ
AB Answers

Publish Article

0 && $.browser.msie ) {
var ie_version = parseInt($.browser.version);
if(ie_version Hello Guest
Login

Login via

Register
Hello
My Home
Sign Out

Email

Password


Remember me?
Lost Password?

Home Page > Automotive > A Description Of Several Automotive Jobs

A Description Of Several Automotive Jobs

Edit Article |

Posted: Sep 14, 2010 |Comments: 0

|

Share

]]>

Syndicate this Article

Copy to clipboard

A Description Of Several Automotive Jobs

By: Louise G

About the Author

The author is an expert in the field of automotive and extensive knowledge to help those seeking careers in automotive. Areas of expertise in fact include any qualified route to finding automotive jobs. To search and apply for thousands of automotive jobs go to http://automotivejobs1.co.uk

(ArticlesBase SC #3265497)

Article Source: http://www.articlesbase.com/ – A Description Of Several Automotive Jobs

One sort of career for many individuals is working in the automotive industry. This sort of work will include tasks which are directed to correcting any problems with cars, maintaining the cars working condition and providing various kinds services for the vehicles.

Becoming an auto mechanic means that the person will be a professional who can resolve all car problems. A mechanic will be expected to complete many tasks, which will depend on the health of the automobile and its demands and or preferences of the customers.There are lots of auto mechanics who may just specialize in certain areas such as trouble shooting all aspects of cars, body work, brakes, engines, wheels, transmissions and several other parts of a car too. These mechanics will have their own garages or may even work for automobile manufacturers or service centers.The main purpose for any auto mechanic is to repair problems which may be present in vehicles. They will get service calls from many customers regarding problems that may exist with their cars. Some of these mechanics even engage in services calls for cars and trucks that are broken down on the streets and highways.An auto mechanic needs to be possess some technical abilities which you can use whenever he or she needs to diagnose the causes of any problems that are found with trucks or cars. These types of mechanic have to be equipped with several kinds of advanced tools to utilize in order to make any repairs.The mechanics job will require that he / she manage to complete such tasks as engine oil changing, refilling any fluids, tuning up the cars engine, brake setting, examining and changing hoses and belts and several other things as well. Then after the task are complete the mechanic will then need to test drive the car to ensure that the problems no longer exist.A mechanics salary will be in line with the persons expertise and experience. Most of the time a mechanic is envisioned having four years of experience in this field. Many auto mechanics who are self employed make better money than those who work for other companies.
Ultimately the majority of automotive jobs are just grease monkey jobs and not likely to be very well paid, if you do not mind being thick with grease and dirt then this could be a great job for you.

Retrieved from “http://www.articlesbase.com/automotive-articles/a-description-of-several-automotive-jobs-3265497.html”

(ArticlesBase SC #3265497)

Louise G -
About the Author:

The author is an expert in the field of automotive and extensive knowledge to help those seeking careers in automotive. Areas of expertise in fact include any qualified route to finding automotive jobs. To search and apply for thousands of automotive jobs go to http://automotivejobs1.co.uk

]]>

Rate this Article

1
2
3
4
5

vote(s)
0 vote(s)

Feedback
RSS
Print
Email
Re-Publish

Source:  http://www.articlesbase.com/automotive-articles/a-description-of-several-automotive-jobs-3265497.html

Article Tags:
automotive, jobs, careers, work, employment

Related Videos

Related Articles

Latest Automotive Articles
More from Louise G

Go Inside the GM Paint Lab to Paint a Corvette Part 1/2

Painting a car is serious business, especially when it’s an automotive icon. To go inside the paint lab requires stringent preparation to ensure that each person brings in nothing that can contaminate the painting process. (01:57)

GM to Build Chevy Volt Engine Plant in Michigan

General Motors (GM) has announced plans are underway for a 9 million plant that will build four-cylinder engines for the Chevy Volt electric car and other models. The Flint, MI plant will provide around 300 jobs. (01:29)

Go Inside the GM Paint Lab to Paint a Corvette Part 2/2

Once in the paint lab the process is an intricate one. GM Next’s video crew goes through the steps. (03:07)

Car Repossession Laws

Missed payments may come between you and your car down the road. (01:20)

How to Get a Car Loan

You’re monthly payment looks as good as that shiny new car. But are you driving into debt? (02:07)

China – Career and Employment Opportunities

The current business climate in the country enables businesses to prosper and enable new entities as well to set up base in China.The end result is of course millions of jobs for those who are seeking career and employment.

By:
Paul Hatal
Careersl
Jul 24, 2008

Mechanical Jobs in Texas

Auto mechanic jobs are not entirely different from auto repair jobs, except that it combines both repair as well as protection. The core liability for anyone in the auto mechanic field would be to analyze automobile problems and then correct these same issues. Another responsibility of any auto mechanic would be to quote prices with their customers before they get started.

By:
Mechanics Jobsl

Careers>
Career Managementl
Sep 27, 2010

Finding a Good Automotive Repair School

When you are planning for an automotive career, it is important to get a good education. There are several important qualities that you will need to look for in a good automotive repair school.

By:
Andy Westl
Automotivel
Dec 19, 2006
lViews: 872

Envisioning the Open Road: Automotive Designers Creating the Cars of Today & Tomorrow

It can be argued that no design career is sexier than that of the Automotive Designer. See how today’s designers embody the styles and culture of today while contouring the style of tomorrow.

By:
Damian McKnightl
Careersl
Apr 26, 2010

Centennial College offers Automotive Training Programs

This article is about automotive schools, and automotive training at Centennial College that is highly motivated.

By:
Michael McGrawl

Education>
College and Universityl
Sep 10, 2010

Automotive Technician Apprenticeships Helps You Get Placement

Under the 36 week Automotive service technician apprenticeship, you will be imparted with full knowledge of automotive technology. Along with skills an automotive service technician should have. Plus, get a 12-week job placement experience.

By:
Jasonl

Education>
College and Universityl
Jul 09, 2010

Top Career Web Sites for Children and Teens

Career assessments and tests help you explore who you. Career books and web sites give you a glimpse of the world of work. Free career information is available on web sites. Some writers have written facts for children and teens. These web sites use graphics, multimedia presentation, activities, and other techniques to expand our knowledge of careers.

By:
Mary Askewl
Educationl
Aug 18, 2007
lViews: 3,551

What are The Safest Family Cars in the UK?

When you start a family, one of the most important things you consider when you buy a car is the safety of the vehicle. There are so many family cars on the market and a lot of manufacturers exaggerate and promote the safety that their cars offer for your family When you’ve got kids on the backseat you want to make sure that even if you did have a crash that they’re safe and far from any harm.

By:
Jamie Francisl
Automotivel
Nov 26, 2010

Get on the road to success in your driving test

Learning to drive can often be an expensive affair, especially for a student who may not have a regular source of income. It can often be useful to save up funds to buy a block of lessons when learning to drive.

By:
Jamie Francisl
Automotivel
Nov 26, 2010

Get on the road to success in your driving test

Learning to drive can often be an expensive affair, especially for a student who may not have a regular source of income. It can often be useful to save up funds to buy a block of lessons when learning to drive.

By:
Jamie Francisl
Automotivel
Nov 26, 2010

Be wary of eBay auto sellers

With the ever expanding market of eBay, seemingly anything can be bought from the website with various abnormal items going under the hammer. Some of the recent oddball eBay sales include David Beckham’s TVR, Britney Spears chewing gum and even most recently a Justin Bieber yearbook from his high school years.

By:
Jamie Francisl
Automotivel
Nov 26, 2010

Be prepared and make sure you have everything you need when out on the roads

You never think that something is going to go wrong with your car when out on the roads and that it will always be someone else but one day you may be unlucky and you need to be prepared. There is nothing worse than being out in your car on a long journey when it is late at night and all you want is to be at home. But what would you do if something did go wrong with your car, would you be prepared?

By:
Jamie Francisl
Automotivel
Nov 26, 2010

Fine the Perfect Auto Service Company!

Undoubtedly you love your car! We all do so and take an extra ooze to ensure that it runs smoothly and takes to the destinations of our choice. However, cars need repairs and servicing at regular periods of time.

By:
Jaco Martinl
Automotivel
Nov 26, 2010

Chauffeur driven cars London

5 Uses For Chauffeur Driven Cars In London Chauffeur driven cars in London offer a convenient, safe, fast, and more luxurious means to get around the most visited and one of the most enjoyable cities in the world.

By:
Gareth Hoylel
Automotivel
Nov 26, 2010

Finding Maine Car Transport Companies

If you do not want to drive your car on long distances but you really need to move your car to a specific location, you definitely need car transport services. There are actually a lot of car transport companies which will be able to help you such as the ones in the state of Maine.

By:
Elaial
Automotivel
Nov 26, 2010

The Future Of Construction Jobs

There will always be a demand for construction workers due to the need for new buildings to cater for population growth and the replacement or repair of older buildings. Consequently with continued growth of the world population there will also be growth in the availability of construction jobs. Construction workers are skilled people and therefore have the best chance of getting hired for more jobs.

By:
Louise Gl
Businessl
Nov 25, 2010

Accountancy Jobs – The Types Available

As far as accountancy jobs are concerned, there are basically four different types. And these types are public accounting, management accounting, internal audit accounting and governmental accounting.

By:
Louise Gl
Businessl
Nov 22, 2010

The Battle At The Top Of The Watch Market Continues

The global watch market is extremely diverse and the consumer is spoilt for choice. The range of watches available is incredible and a wealthy individual must wonder where to begin when choosing a new watch. The famous names of Swiss watch making have never produced such a wide range of timepieces.

By:
Louise Gl
Businessl
Nov 19, 2010

Healthcare Jobs In The Medical Field

If you are interested in working any health care industry then you’ll find plenty of opportunities for work with healthcare jobs. Being involved using this type of work can cause obtaining some good jobs in the medical business. You will discover several health care occupations that could be right for your future.

By:
Louise Gl
Businessl
Nov 13, 2010

Tips To Find Human Resources Jobs

The choice of jobsites via the key search engines like yahoo is amazing, there are many specialist jobsites covering every marketplace and niche imaginable.

By:
Louise Gl
Businessl
Nov 13, 2010

Advertising Jobs – How To Find Them?

There is always competition as far as advertising jobs are concerned. This competition is not only because of the money involved but also because of the possible fame and popularity that one could attain.

By:
Louise Gl
Businessl
Nov 10, 2010

Catering Jobs That Get You Noticed

Catering jobs that get you noticed in your area is very important to your business growth. Starting any new business can be overwhelming and difficult even if you’re doing everything right.

By:
Louise Gl
Businessl
Nov 09, 2010

Executive Jobs – How To Make A Quick-Find?

There are many reasons why you could have been laid off from your current and past executive jobs. The global recession and some of the other macro issues could be the reason for you losing your executive jobs.

By:
Louise Gl
Businessl
Nov 09, 2010

Add new Comment

Your Name: *

Your Email:

Comment Body: *

 

Verification code:*

* Required fields

Submit

Your Articles Here
It’s Free and easy

Sign Up Today

Author Navigation

My Home
Publish Article
View/Edit Articles
View/Edit Q&A
Edit your Account
Manage Authors
Statistics Page
Personal RSS Builder

My Home
Edit your Account
Update Profile
View/Edit Q&A
Publish Article
Author Box

Louise G has 214 articles online

Contact Author

Subscribe to RSS

Print article

Send to friend

Re-Publish article

Articles Categories
All Categories

Advertising
Arts & Entertainment
Automotive
Beauty
Business
Careers
Computers
Education
Finance
Food and Beverage
Health
Hobbies
Home and Family
Home Improvement
Internet
Law
Marketing
News and Society
Relationships
Self Improvement
Shopping
Spirituality
Sports and Fitness
Technology
Travel
Writing

Automotive

Cars
Classics
Motorcycles
Rentals
RVs
SUVs
Trucks
Vans

]]>

Need Help?
Contact Us
FAQ
Submit Articles
Editorial Guidelines
Blog

Site Links
Recent Articles
Top Authors
Top Articles
Find Articles
Site Map

Webmasters
RSS Builder
RSS
Link to Us

Business Info
Advertising

Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2010 Free Articles by ArticlesBase.com, All rights reserved.

THE IMPACT OF BANK CONSOLIDATION ON AUTOMOTIVE INDUSTRY FINANCING IN NIGERIA

THE IMPACT OF BANK CONSOLIDATION ON AUTOMOTIVE INDUSTRY FINANCING IN NIGERIA

Free Online Articles Directory

Why Submit Articles?
Top Authors
Top Articles
FAQ
AB Answers

Publish Article

0 && $.browser.msie ) {
var ie_version = parseInt($.browser.version);
if(ie_version Hello Guest
Login

Login via

Register
Hello
My Home
Sign Out

Email

Password


Remember me?
Lost Password?

Home Page > Automotive > THE IMPACT OF BANK CONSOLIDATION ON AUTOMOTIVE INDUSTRY FINANCING IN NIGERIA

THE IMPACT OF BANK CONSOLIDATION ON AUTOMOTIVE INDUSTRY FINANCING IN NIGERIA

Edit Article |

Posted: Oct 04, 2009 |Comments: 0
| Views: 227
|

Share

]]>

Syndicate this Article

Copy to clipboard

THE IMPACT OF BANK CONSOLIDATION ON AUTOMOTIVE INDUSTRY FINANCING IN NIGERIA

By: Chukwukere Chidozie Godwin

About the Author

(ArticlesBase SC #1301035)

Article Source: http://www.articlesbase.com/ – THE IMPACT OF BANK CONSOLIDATION ON AUTOMOTIVE INDUSTRY FINANCING IN NIGERIA

Abstract

 

The study examined the impact of bank consolidation on automotive industry financing.

61 respondents selected through strategic random sampling technique from GM Motors Nigeria Ltd formed the population for the study.

Data was collected using a survey instrument designed by the researcher. Chi-Square Statistical method was used to test the hypotheses and all findings held at 0.05 alpha significant level. The Analysis of the data revealed that the participants almost unanimously agreed that bank consolidation had impacted positively to the automobile sector in Nigerian economy.

Based on the findings, it was therefore recommended among others things that a regular review of automotive industry in Nigeria by the appropriate authorities while effort should be made to improve the power system (electricity situation) in Nigeria.

 

INTRODUCTION

Background of the Study

Mergers and acquisitions should be taken seriously as an instrument for enhancing banking efficiency, size, and developmental roles in every economy. Mergers and acquisitions especially in the banking industry is now a global phenomenon.

All over the world and given the role of finance, size has become an important ingredient for success in the globalizing world. The last few years have witnessed the creation of the world’s big banking groups through mergers and acquisitions. The trend has been influenced by factors such as prospects of cost-savings due to economies of scale as well as more efficient allocation of resources, enhanced efficiency in resource allocation, and risk reduction arising from improved management. However, the automotive industry is not left out in the process of alliances. Over the years the industry has witnessed different types of global alliances. For instances Renault- Nissan, VW-Skoda, GM-Daewoo to mention a few them

In the past, the small size of most Nigerian banks, each with expensive headquarters, heavy fixed costs and operating expenses and with bunching of branches in few commercial centers had lead to very high average cost for the industry. This in turn has implications for the cost of intermediation, the spread between deposit and lending rates, and puts undue pressures on banks to engage in sharp practices as means of survival. In an effort to survive the hurdle, the Central Bank of Nigeria introduced the 25 billion Naira minimum capital base for banks in an effort to make our banks much stronger and to able to compete favorably with other banks in the world in providing credit facilities to other sectors of Nigeria economy.

However, in 2004 as part of economic reform in some emerging economies, the Nigerian banking system underwent remarkable change, in terms of the number of institutions, ownership structure, as well as depth and breadth of operations. Banks begin to merge with other banks; while bigger banks begin to acquire smaller ones while automotive industry has become an increasingly pertinent contributor to country’s’ gross domestic product, mainly through strong growth in the motor industries in terms of increasing volume of local production and number of sales. And this is not peculiar to Nigeria alone.

This scenario raises the question “what impact of banks consolidation on automotive industry financing in Nigeria? It is important to envision this evolution from a life cycle of production assembly and sales that have impacted on the financial statements of GM Motors Nig LTD. In order to sustain this process, the automotive industry as a whole requires huge capital intensity from strong and reliable financial back- up to remain viable in the economy and optimize their environmental impact, communicate positive steps to non-governmental organization and other stakeholders to discharge their social corporate responsibilities while maintaining design of product, service system from a sustainability point of view. Hence this work is set to assess the impact of bank consolidation and capital provision for the automotive industry financing in Nigeria (A case study of GM Nigeria ltd)

COOPERATE PROFILE OF GM MOTORS LTD

GM Nigeria is a foremost player in the automotive industry and one of the leading motor vehicle assemblers and marketers in the country. GM Nigeria is a joint venture company between UAC of Nigeria Plc – one of the biggest conglomerates in Nigeria and General Motors Corporation of Detroit, the world’s largest automobile manufacturers. The relationship of these two companies gives them the best support and advantage in all facets of their operations, i.e. Sales, Parts, Services and Assembling.

About GM Global
General Motors Corp. (NYSE: GM), the world’s largest automaker, has been the global industry sales leader since 1931. Founded in 1908, GM today employs about 321,000 people around the world. It has manufacturing operations in 32 countries and its vehicles are sold in 200 countries.  GM’s automotive brands are Buick, Cadillac, Chevrolet, GMC, Holden, HUMMER, Oldsmobile, Opel, Pontiac, Saab, Saturn and Vauxhall. In some countries, the GM distribution network also markets vehicles manufactured by GM Daewoo, Isuzu, Subaru and Suzuki

Brief History of GM Motors in Nigeria

1920 – Started as a Company called Miller Brothers Nigeria Limited which imported cars in to West Africa

1927 – Started importing completely assembled Bedford commercial vehicles into Nigeria.

1929 – Became the Motors Department of then UAC, now known as UACN Plc

1931 – Name changed to Niger Motors Limited. Continued importing built vehicles.

1949 – Commercial Vehicles were shipped in as double unit packs which contained partially assembled chassis for two vehicles in one pack and the wheels in the second pack to be assembled locally.

1959 – Established Nigeria’s First Vehicle Assembly Plant at Apapa. The Company assembled the popular Bedford Trucks of various models.

1965 – The Assembly Plant was renamed Federated Motors Industries, Then popularly known as “FMI” and the distribution arm remained “Niger Motors”.

1979 – FMI started the assembly of trucks from “completely knocked down” (CRD) components.

1980 – The Federal Government accorded FMI the “Progressive Vehicle Manufacturer” status, under the Approved User Scheme. This nomenclature was to attest to its high standard and quality products at that period. FMI and Niger Motors were converted into divisions of UACN Plc.

1991 – UACN Plc and General Motors Corporation of USA incorporated GM Nigeria Limited as a Joint Venture Company. The Assets of FMI and Niger Motors were then transferred to GM Nigeria Limited.

Vision

To be number one in the commercial segment of the automotive industry by providing exceptional value to our customers.

Mission

To provide automotive products of such quality as to enable our customers enjoy superior value while delighting other stakeholders

Incorporation and Address

GM Nigeria Limited is incorporated in Nigeria under the Companies & Allied Matters Act 1990 as a private limited liability company, and domiciled in Nigeria. The address of its registered office is:
31, Mobolaji Johnson Street ,
Oregun Ikeja, Lagos .

Principal Activities

The principal activities of the company are: assembly of SKD (Semi Knocked Down) motor components to produce medium and heavy commercial trucks, importation of FBU (Fully Built Unit) pick-ups, marketing and distribution of vehicles through its network or branches and dealers nationwide. The company provides product support for parts and service at its Oregun plant, Port Harcourt branch, Abuja branch and through its numerous Parts and services dealers. The company is also involved in provision of technical training for employees, dealers and fleet customer’s personnel.

The company’s product range includes Isuzu Light, medium and heavy commercial vehicles (all with various body applications).

 

Shareholding Of Gm Nigeria Ltd

According to the register of members at 31st December, 2007, the following shareholders of the company held more than 10% of the capital issued shared capital of the company:

Shareholder

Number of Shares

Percentage Held (%)

UAC of Nigeria Plc

72,000,000

60

General Motors, USA

36,000,000

30

Staff of GM motors Nigeria       12,000,000                                 10

Source financial statement GM motors 2007

 

1.2       STATEMENT OF THE PROBLEM

Serious national efforts towards the development of the automotive industry in Nigeria took place in the early 1970s, with initial joint venture agreements between Peugeot and Volkswagen companies. By 2001, there were over 20 different enterprises manufacturing different types of vehicles, from boats to trucks, including motorcycles and bicycles automobiles in Nigeria. The capacity utilization of the majority of these companies is, however, very low, largely due to the high cost of importing the components needed to assemble vehicles, non government patronage and poor capital base of some of these organizations. By the introduction of the policy of bank consolidation a lot of Nigeria feels that the banking sector will see to the end of this problem. But on the contrary, Nigeria roads are littered with imported second hand vehicle, many of them as old as 10years, as the country is an attractive dumping ground for all kinds of toxic waste while a lot of automotive companies in Nigeria winding up. Hence this study is sets to examine the impact of bank consolidation on automotive financing in Nigeria.

THE OBJECTIVES OF THE STUDY

     This study sets out to:

To establish the effects of bank consolidation on capital provision for the automobile sector in Nigeria. To provide a research oriented framework for the development of good understanding of the basic aspects and importance of bank consolidation as it affects automotive industry in any economy. To determine the inherent relationship between bank consolidation and capital provision for the automotive industry Determine the resent increase financial statement of GM motors and the working capital available for the industry

  RESEARCH QUESTIONS

       The following Research Questions will thus guild this study:

In what way does the bank consolidation affect funding for the automotive industry in Nigeria? What are the benefits that the automotive sector has derive from bank consolidation exercise? To what extent does Banks consolidation provide a vehicle for automotive industry survival in a dynamic business environment? To what extent does bank consolidation enhance growth in the automotive industries? To what extent does the resultant effect of banks consolidation increase the market potential of the automotive industry

 STATEMENT OF HYPOTHESES

The following stated research hypotheses will guild this study:

 HYPOTHESIS 1

Ho: There is no significant impact of bank consolidation and capital provision for the automotive industry in Nigeria.

H1: There is a significant impact of bank consolidation and capital provision for the automotive industry in Nigeria.

 

HYPOTHESIS 2

Ho: Banks consolidation do not provides a vehicle for automotive industry survival and growth, in a dynamic business environment.

H1: Banks consolidation provides a vehicle for automotive industry survival in a dynamic business environment.

 

HYPOTHESIS 3

H0: The effect banks mergers does not increase the market potential of the automotive industry

H1: The effect of banks merger increases the market potential of the automotive industry

 

1.6       SIGNIFICANCE OF THE STUDY

The research is significant in the following ways: Firstly, it will help investors in the automobile industry to appropriate the opportunities provided by the consolidation exercise in that particular sector.

Secondly, it will further assist entrepreneurs to understand the relevance of consolidation of banks to capital provision and finally, it will serve as useful source of material for researchers and students.

 

1.7 THE SCOPE/DELIMITATION OF THE STUDY

This Study will be limited to Sixty one staffs of GM motor Nigeria Ltd. It will covers the funding of the automotive industry in Nigeria.

 

DELIMITATION OF THE STUDY

 The study only looked at the impact of bank consolidation on the automotive industry. The population of the study covers only the staff of GM motors Ltd Oregun, Lagos. Therefore, this study may not be generalized.

As the researcher was the sole interviewer and instrument of this study, researcher bias may be possible in any of the interpretations. Though the researcher worked hard to keep out any personal opinions, the possibility of subjectivity may still be present.

Also, it is possible that respondents didnt give accurate information about their operations in other to maintain some level of social dignity. Human Resources manager of the organization also had to answer interview questions from the researcher. This provided a certain level of uncomfortableness and uncertainty as he was worried that he may be judged by his responses. And finally the dearth of literature materials in the automobile sector also was a major challenge

 Summary of Findings

This work examined the impacts of banks consolidation on automotive industry financing, using G.M Motor Ltd as a case study. Sixty copies of questionnaires were distributed, fifty one were returned giving 85% response rate. The results of the findings show that: consolidation have provided a vehicle for automotive industry survival and growth in a dynamic business environment.

Again, automotive industry seems to grow due to banks consolidation that can provide huge capital requirement in case of expansion through new products development or acquisition of small automotive companies and this is usually a strategy to form global alliances designed to monopolize and expand the brand image when merger occur and achieve in some cases political power. Furthermore, banks consolidation provides a vehicle for automotive industry’s’ corporate survival and growth in a dynamic financial environment as it boosts the strength of automotive industry and thus it enhances automotive industry’s financial capacity. Also the results showed that banks merger provides economies of scale and achieve some form of synergy for the automotive industry and the resultant impact of banks consolidation increases the market potential of the automotive industry.

The research also revealed that banks consolidation result in a higher market price and higher earnings per share coupled with improvements in its stability though opinion is divided as to whether the dividend before and after automotive industry alliances cannot be maintained after the consolidation in order for the market price of the automotives stock to be established.

Banks consolidation seems to increase corporate power and improve market share in some cases, resulting in a higher price earning ratio. The work also showed that bank consolidation aids the automotive industry in financing that would not otherwise be possible to obtain, which helps to achieve some synergistic effect without strong bank’s financial capital base.

Also revealed by the study is the fact that banks Consolidation brings about adverse automotive industry financial sustainable effects because the anticipated benefits did not materialize for expected cost reductions were not forthcoming hence it should result in higher earnings or improve its stability. Furthermore, the findings showed that banks merger is vested in automotive industry ability to foster growth and the resultant profitability which will otherwise be difficult and nearly be impossible without banks strong capitalization

Conclusion

Nigerian’s automobile industry is one of the continent’s fastest growing sectors, but it lacks the necessary local technology and finance to fully harness its potential and contribute to national growth and development. This state of affairs has ensured that investing in the sector has become the preserve of just a few foreign companies in the automobile sector, largely based outside of the continent. Bank Consolidation introduced in Nigeria in 2005, is an expression of strong desire of Nigeria government to reinforce an instrument for enhancing banking efficiency, size, and developmental roles in her economy. It is pertinent to know that this exercise has assisted the automaker industry to raise capital that may be require in times of boom as well as depression and successful entry into products market as well as into new geographical markets in Nigeria. The primary purpose of corporate entities has been to increase the financial and operational strength. Banks, consolidation has helped in playing important roles of supporting the real sector like automotive industry in a global context hence banks have remained a new phenomenon in financing big projects in automotive industry in the corporate business world.

Outside the capital provision the automobile sector in Nigeria has also experienced a lot much neglect than other sectors ( Abiodun 2008). In seeking to achieve success in this sector vigorous efforts should be made to counter some of this factors which are known to have hindered achievement in this sector in the past like; power, local content policy and restriction on the importation of cars which can be locally assembled here. Effort should be made to sustain this little improvement that has been recorded in this sector as result of bank consolidation.

 RECOMMENDATION

Based on the findings from the study and the facts at the disposal of the researchers, the following recommendations are made

Regular and study review of the automotive parts/components development industry in Nigeria by the appropriate authorities Government should provide incentive measures to encourage the local auto makers for  ensuring compliance with approved local programmes; The right of inspection and other quality assurance activities in factories, ports and roads in pursuance of minimum standard of automobile on Nigeria Roads by the appropriate authorities Regular evaluation of the pricing structure and quality of the products of the assembly plants to ensure international competitiveness; Forecasting the demand and supply patterns for various types of automotive vehicles produced in Nigeria and the basic raw material requirements by the appropriate authorities The automobile sector should liaise with relevant organisations charged with the production of raw materials (such as sheet metal alloy and special steel) and make sure is available when needed

Finally, The Nigerian government as a matter of urgency should articulate policies that can promote the development of local technology. Basic technical capacities which should include discouraging imports of completely built up units, providing incentives to local assemblers to increase local content in production (tax reduction and subsidies) and regulations to ensure local content in varying percentages.

 

 

 

Retrieved from “http://www.articlesbase.com/automotive-articles/the-impact-of-bank-consolidation-on-automotive-industry-financing-in-nigeria-1301035.html”

(ArticlesBase SC #1301035)

Chukwukere Chidozie Godwin -
About the Author:

]]>

Rate this Article

1
2
3
4
5

vote(s)
0 vote(s)

Feedback
RSS
Print
Email
Re-Publish

Source:  http://www.articlesbase.com/automotive-articles/the-impact-of-bank-consolidation-on-automotive-industry-financing-in-nigeria-1301035.html

Article Tags:
consolidation, merger, automotive

Related Videos

Related Articles

Latest Automotive Articles
More from Chukwukere Chidozie Godwin

Endgame for U.S. Banks (Morningstar)

As the crisis of confidence persists, Morningstar analyst Matt Warren examines the possible scenarios for the industry. (09:31)

Nissan GT-R Spec V – Garage419

Matt Farah and Mike Spinelli discuss GM’s recent “fix” for their jet-setting image, Ford’s move to sell Volvo, The Nissan GT-R Spec V and the Lotus Evora celebrity buyers list.

-Garage419 (15:10)

Small Business Solutions – Highlights

The SEMA Show in Las Vegas is the place to be in October if you are in the automotive industry.
(04:08)

The History of Detroit’s Big Three Carmakers

This automotive video will show you the History of Detroit’s “Big Three” Carmakers how they became as successful as they are today. (02:13)

Small Business Solutions – SBN Speed Networking

The Specialty Equipment Market Assoc. (SEMA) held a speed networking event at their annual convention in Las Vegas. In this segment, participants offer great advice for women in any male dominated industry.
(03:32)

Automotive Electronics 2010 will be washed to open the door to be closed

Automotive electronics in automotive technology development of a revolution, is an important symbol of modern automotive standards, is used to develop new models and improve vehicle performance

By:
bettyl

Business>
Presentationl
Jul 21, 2010

Frbiz.com Reports Automotive Electronics 2010 Will Be Washed To Open The Door To Be Closed

Automotive electronics in automotive technology development of a revolution, is an important symbol of modern automotive standards, is used to develop new models and improve vehicle performance

By:
tianlil

Business>
Leadershipl
Mar 29, 2010

Auto Parts Industry Faces Consolidation

Experts in the global automotive industry consulting firm AlixPartners today in Shanghai

By:
dfjyjl

Business>
Small Businessl
Oct 08, 2010

Gm-chrysler Merger Would Hurt State Budget

Auto industry is bombarded with plant closures, job cuts and vanishing confidences. And with the potential GM-Chrysler merger, it is expected that the financial system of the entire state, not only the industry, would be greatly hurt.

By:
Anthony Fontanellel
Automotivel
Feb 21, 2007

2010 Global Manufacturer Of Automotive Coatings To Develop The Chinese Market

HC coating Network Reuters: the world by storm in 2008 Financial crisis Recession seriously affected North America and Western Europe, the Chinese market is not affected seriously

By:
xtxtxl

Business>
Networkingl
Sep 21, 2010

Is Gm-chrysler Merger Possible?

News about the possible GM-Chrysler merger swarms in the business industry. And speculations are getting hotter and hotter each day…

By:
Lauren Woodsl
Automotivel
Feb 20, 2007

Local tire enterprises should promote development through the reorganization and acquisition

2009 results have just experienced a "blowout", the domestic tire industry, the economy will be facing the degree of downward pressure. In 2010 the domestic tire industry is facing exports

By:
vivil

Deportes>
Rugbyl
May 14, 2010

Finding Maine Car Transport Companies

If you do not want to drive your car on long distances but you really need to move your car to a specific location, you definitely need car transport services. There are actually a lot of car transport companies which will be able to help you such as the ones in the state of Maine.

By:
Elaial
Automotivel
Nov 26, 2010

Car Maintenance Tips To Reduce Wear And Tear

Your car is subject to wear and tear over the years especially if you use it very often. Here are some tips so that you will be able to somehow prolong the lifespan of your car.

By:
Elaial
Automotivel
Nov 26, 2010

Specialty Car Transport Company

Do you own a specialized or exotic car? Are you in need of a dependable and affordable car shipping service provider? Here are some tips that you need to consider in order for you find the right car shipping company.

By:
Elaial
Automotivel
Nov 26, 2010

About Buying a Car and Moving

If you are buying a car in a certain state such as Indiana but you are moving out soon, here are some few things that you should consider so that you will not have a hard time doing the whole process.

By:
Elaial
Automotivel
Nov 26, 2010

Ways on How to Save Money on Gas

Are you looking for efficient ways on how to save more money when it comes to fuel expenses? Here are some tips to consider for you to be able to save more on fuel expenses.

By:
Elaial
Automotivel
Nov 26, 2010

Getting Auto Shipping Service in Idaho

Are you moving to or from Idaho? Would you bring your car with you? If you are moving to or from a very far place, driving your car all the way to the destination may not be recommended because it will be an impractical decision since it entails a lot of expenses and not to mention the hassle and stress.

By:
Elaial
Automotivel
Nov 26, 2010

Tips to Easily Move Car To and From Hawaii

Do you need to move your car to or from Hawaii but you are having hard time looking for a good car shipping service provider? Here are several tips for Hawaii car shipping made easy.

By:
Elaial
Automotivel
Nov 26, 2010

Auto Transport Reviews Are Not A Waste Of Your Time For These Reasons

Have you considered using auto transport reviews to help you find a good company to hire, but haven’t because you have heard they are a waste of time? Then you have to be aware of the many reasons why these reviews are definitely not a waste of your time.

By:
Maureen Romensyal
Automotivel
Nov 25, 2010

THE IMPACT OF BANK CONSOLIDATION ON AUTOMOTIVE INDUSTRY FINANCING IN NIGERIA

The study examined the impact of bank consolidation on automotive industry financing.
61 respondents selected through strategic random sampling technique from GM Motors Nigeria Ltd formed the population for the study.
Data was collected using a survey instrument designed by the researcher. Chi-Square Statistical method was used to test the hypotheses and all findings held at 0.05 alpha significant level.

By:
Chukwukere Chidozie Godwinl
Automotivel
Oct 04, 2009
lViews: 227

Add new Comment

Your Name: *

Your Email:

Comment Body: *

 

Verification code:*

* Required fields

Submit

Your Articles Here
It’s Free and easy

Sign Up Today

Author Navigation

My Home
Publish Article
View/Edit Articles
View/Edit Q&A
Edit your Account
Manage Authors
Statistics Page
Personal RSS Builder

My Home
Edit your Account
Update Profile
View/Edit Q&A
Publish Article
Author Box

Chukwukere Chidozie Godwin has 1 articles online

Contact Author

Subscribe to RSS

Print article

Send to friend

Re-Publish article

Articles Categories
All Categories

Advertising
Arts & Entertainment
Automotive
Beauty
Business
Careers
Computers
Education
Finance
Food and Beverage
Health
Hobbies
Home and Family
Home Improvement
Internet
Law
Marketing
News and Society
Relationships
Self Improvement
Shopping
Spirituality
Sports and Fitness
Technology
Travel
Writing

Automotive

Cars
Classics
Motorcycles
Rentals
RVs
SUVs
Trucks
Vans

]]>

Need Help?
Contact Us
FAQ
Submit Articles
Editorial Guidelines
Blog

Site Links
Recent Articles
Top Authors
Top Articles
Find Articles
Site Map

Webmasters
RSS Builder
RSS
Link to Us

Business Info
Advertising

Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2010 Free Articles by ArticlesBase.com, All rights reserved.

Automotive Reviews and Skeptical Journalism

When we hear the words ‘automotive reviews’ we think of comparative tests, investigations, technical details, advantages and disadvantages of a particular car model. People are most interested in automotive reviews when they are about to purchase a vehicle. This is an important decision for the potential buyer since the car may remain in his/her possession for many years. Actually, statistics say that the purchase of a car is the second largest expense for many people. In developing countries, the situation is even worse than that, as choosing a certain car is sometimes a life commitment for those people. Under these circumstances, automotive reviews are a must. No automobile is to be purchased without having consulted its review. Automotive reviews are useful for all kinds of customers, from those are simply interested in buying a cheap car with good gas mileage to those who are mostly interested in design and comfort. To all these people the purchase of a car may appear as a very challenging experience, since the auto market is vast and the lack of experience can prove to be a serious drawback. Needless to say all those interested in purchasing a car should follow the latest automotive news in order to keep up with what is new in this vast and complicated area. However, automotive reviews cannot be found on television every day, nor do they appear in newspapers. Moreover, specialized media, such as auto magazines, which are issued weekly or monthly, may not give the automotive reviews you need when you need them. Therefore, a good source of accurate and reliable automotive reviews is the Internet. Automotive blogs are full of information with and about cars and many related topics. In addition, you get more than statistics or official figures, because people like you have posted their comments or facts from personal experience on those car blogs. Sometimes this beats all automotive reviews.

As we have stated before, there are many sources of automotive news and reviews. The problem is that some of them may not be as reliable as we think and this can be damaging to the consumer. There are times when the interests of certain companies stand in the way of giving consumers honest advice. A good share of criticism is not a must have for automotive reviews. However, skeptical journalism is proof that the consumer’ s best interest is at the top of the priority list. Auto magazines present a lot of automotive reviews because that’s their line of work, but they will rarely point out possible flaws of automobiles. Everyone will agree that in the auto magazines or TV shows, the automotive reviews sound a little too good to be true. You can check out the latest automotive news in magazines and on TV shows, but as far as the reviews are concerned, you should only trust what you see with your own eyes. This may turn out to be a little difficult at times, but fortunately we live in the technology era, and seeing it for yourself is now possible on the internet. If a car reviewer speaks of some less appealing features of a certain automobile, there’s the chance of actually seeing them by means of multimedia. Criticism equals bad publicity, so when it comes to magazines or television shows, there’s a good chance that the consumer will be deprived of his right to be honestly and correctly informed. Therefore, the internet remains the most reliable source of both automotive news and automotive reviews.

For more resources about automotive news and especially about automotive reviews please review this website http://www.car-spin.com

What Are All General Automotive Repairs Provided by a Full Service Auto Repair Shop in Bradenton 34207?

It is a waste of time and effort and, therefore, of resources, to hop from one auto repair shop to another for various auto repair services. It is also very stressful to have to deal with many different management styles and automotive mechanics. It would be best for you to find a full service auto repair shop in Bradenton 34207 that can provide all general automotive repairs you will need. This will also mean less costs because you will be able to ask for full package discounts. But what exactly are all general automotive repairs that a full service auto repair shop in Bradenton 34207 should provide for you?

First of all, a full service auto repair shop in Bradenton 34207 should handle all general automotive repairs for all the different models of the most well known vehicle brands such as Cadillac, Chevrolet, GM, Pontiac, Oldsmobile, Ford, Lincoln, Mercury, Dodge, Jeep, Plymouth, Chrysler, Daewoo, Audi, BMW, Mercedes, Jaguar, Volkswagen,Volvo, Acura, Honda, Lexus, Scion, Toyota, Nissan, Infiniti, Mitsubishi, Hyundia, Mazda, and Suzuki. Because of this, it should provide no less than genuine automotive parts from the most respected sources such as AC Delco, Bosch, Remy, Motorcraft, Mopar, Goodyear, Dayco, Echlin, Standard, Cardone, Autolite, NGK, Akebono, Nipedenso, and Denso. Choosing such an auto repair shop will keep you protected from fake automotive parts sold by dishonest suppliers in Bradenton 34207. Such fake automotive parts can be very dangerous on the road and can cost the lives of many.

Whatever vehicle brand you have, you will eventually need all major and minor general car repairs. All general automotive repairs should start with complete and accurate diagnostic services including computer diagnostics and computer reprogramming. It should cover all basic preventive maintenance procedures like the transmission flush, checks and repairs of oil leaks, oil change service, auto air conditioning (A/C) repair and complex engine services such as engine rebuild or engine replacement.

Also covered by all general automotive repairs are electronic steering, power steering, power brakes, power windows, power convertible tops, power sunroofs, power locks, air bag systems, alternators, hoses, timing belts, cooling systems, radiators, transmission services, tractions control systems, brakes, antilock brake systems (ABS), body systems, front suspension, rear suspension, air suspension, electrical troubleshooting for all types of electrical shorts and even the repair of vehicular anti theft systems including remote starters and key reprogramming.

To be able to do all general automotive repairs well, a full service auto repair shop should employ only the most highly skilled and experienced professional mechanics. Aside from being experts in their work, they should be able to explain their diagnosis and proposed repair work clearly to you in layman’s terms. They should also tell you which procedures are part of preventive maintenance and which are for the resolution of existing vehicular problems.

A full service auto repair shop should give timely and completely detailed price estimates for all general automotive repairs and maintenance procedures it offers. This should be accompanied by a concrete work schedule with definite time frames, as well as well defined and solid warranties. If additional work needs to be done that has not been included in the job order, the auto repair shop should first get the approval of the vehicle owner before proceeding with it.

After a job has been completed, the full service auto repair shop should provide a complete invoice containing a detailed listing of services done, all parts replaced and their corresponding costs. The invoice should indicate if the parts replacements are brand new, remanufactured or used. The replaced parts should be labelled properly and returned to the vehicle owner.

Look for all these characteristics from the full service auto repair shop that offers you all general automotive repairs in Bradenton 34207.

Automotive School

What are the perks of going to automotive school, and why are people attending automotive school in higher numbers than ever before? The answers are surprisingly random in the fact that people have many different reasons for attending automotive school. The common bond between the students is they all made the leap to take these classes, and get a degree, or certification that will help them in the future.

Obviously most people attend automotive school in order to earn a certification that will help them find work. The major point of any technical school is to offer its student body a way to get certified in any number of jobs, or trades worldwide. Most people that attend are involved in the school for this reason. Gaining a certification will lead to a better chance to get the job that works for you.

Earning an automotive school degree, or certification will provide valuable training for one to use both personally, and professionally. Personally there won’t be a thing wrong with your car that you won’t at least have some idea how to fix. The school of your choice will teach you how to identify most any problem, and further provide instruction on how to fix the problem. This alone can save you thousands of dollars in service, and repair costs at a local shop.

Further, automotive school can prepare you for a career doing what you love to do, repairing cars, and trucks. The great thing about this type of education is that it is created to meet the working persons time constraints. This means that you can take classes in the evenings, or even on the weekend. Some schools are now online, and this adds another way that people can take courses in automotive school.

The technology used is as up to date as possible, and provides state of the art training on how to diagnose, and fix vehicles of all kinds. With the sophistication of automobiles today, it is important to attend an automotive school that is up to date in it’s courses, and material they use for instructing students.

Another important thing to look for when searching for an automotive school is the experience of the instructors. Do the instructors have a lot of experience fixing cars? Or are the instructors new to the trade? The answer to this question will certainly help in any search for a quality automotive school. The instructors should have vast experience fixing cars, and working with students as well. The most effective instructors are those that can both instruct, and relate to students as they take on the tasks that automotive school presents to them.

Finally it is important to look for a training program where other students have successfully found jobs after completing their courses. Most automotive schools will offer some type of career assistance, which is imperative for this type of program. The entire point of automotive school is to obtain a career in the industry, and thus career services in an integral part to the mix. Make sure that the program of your choice provides career services, and job placement if at all possible. Once a job is in place, and the money starts to come in, life becomes a lot easier and fulfilling. For those students with families who will need to work during training to support the household, look for a automotive school that will work around your schedule. There should be plenty of programs that will offer this service.

If you have a burning desire to repair automobiles, it’s time to take a look at what automotive school can do for you.

Succeeding as an Automotive Marketing Director

The job of an automotive marketing director is one of the most difficult in the industry. Marketing new cars, trucks, and other vehicles is an important aspect in determining the success or failure of an automotive firm. Indeed, developing winning marketing campaigns and distinguishing between your product and the competition is a key factor in drawing consumers to their local dealership. Automotive marketing directors are in charge of the busy design, sales, and administrative professionals that help put together marketing campaigns.

Due to the high stress and importance of their job, automotive marketing directors may not realise that they need to sharpen their skills in order to succeed in their jobs. A director who is immersed in managing multiple marketing campaigns can often lose sight of how they can improve upon themselves. These marketing executives need to ensure that they are at the top of their game not only for their own professional success but the overall success of the firm.

The question for automotive marketing directors is how they can improve upon skills while in the thick of their stressful lives. The first step in increasing productivity in automotive marketing positions is to develop an inventory of skills needed for daily success. Automotive marketing directors may be busy during their days but they need to take a few minutes to review this list of skills and determine whether they are getting the job done. These inventories are an important first step towards success.

A marketing director may realise that they are not keeping up with the latest in industry news. Marketing directors in the automotive field need to stay updated on what their firm is doing, what other firms are doing, and the major trends in the automotive industry. The Internet makes finding news very easy and an automotive marketing director, with trade publications and news sites available with the click of a button.

Automotive marketing departments also need directors who are creative. Directors need to look back to past campaigns on a regular basis in order to avoid repetition in corporate marketing. As well, directors need to speak with their designers and developers to determine the best way to promote new product lines. A combination of conversation and creativity can lead to great campaigns.

Finally, automotive marketing directors need to be strong communicators. Directors can organise informal meetings, one-on-one sessions, and online forums in order to stay in contact with their subordinates. The ability to communicate with co-workers reflects on the ability of a director to communicate product information to the general public.

Automotive GPS Systems – Tips For Selecting the Best One

More than likely there has been a time when you slid in your car and suddenly wondered if you knew how to get where you were going. Well, today with the great automotive GPS systems, you don’t have to worry about this any more. With automotive GPS systems, you can easily get to any destination you may need to go for. There are a variety of excellent automotive GPS systems available today – so how do you pick the best one? Well, here are some top tips that will help you pick out the system that is best for you.

Tip #1 – Figure Out How Often You Need to Use It – First of all, when looking for the best automotive GPS systems, figure out how often you are going to need to use it. If you aren’t going to need it very often, consider one of the inexpensive automotive GPS systems available. Many are very small and plug in to the cigarette lighter in the car. However, on the other hand, if you need to use it often, you’ll want one of the better automotive GPS systems that is user friendly.

Tip #2 – Consider Your Car’s Layout – When trying to choose automotive GPS systems, consider your car’s layout. Many GPS systems have monitors that displays directions and maps on them. Usually the monitors are placed in the dashboard or on an attachable pedestal from the dash. You’ll find in some vehicles, that certain automotive GPS systems can block important vents for air or make it difficult for a person in the passenger seat. So, you want a system that works with the layout of your car.

Tip #3 – Look for Multiple Ways to Get Where You’re Going – Choose automotive GPS systems that allow you to use multiple ways to get where you are going. Many automotive GPS systems allow you to get directions by an address back, an address you type in, a location you select on a map, or even by the nearest intersection.

Tip #4 – Ensure You Get Vocal and Graphic Directions – Having both vocal and graphic directions in automotive GPS systems is definitely a wonderful idea. When choose a system, this is important. It allows you to see where you will be going, but the benefit of the vocal directions is that you don’t have to take your concentration off the road to get the directions you need.

Tip #5 – Find Automotive GPS Systems with Great Features – If you’re shopping for automotive GPS systems, make sure that you find a system with great features. Consider looking for features like Bluetooth, 3D maps, real time updates, or even data on points of interest.

Tip #6 – Keep the Installation Time in Mind – Last of all, if you’re choosing automotive GPS systems, you should keep the installation time in mind. This is especially important if you are on a very tight budget. The longer automotive GPS systems take to install, the more it will cost. So, keep this in mind.

The Biggest Automotive Award of the Year Goes to the Suv With the Littlest Negative Impact on the Earth

Earlier this month, an SUV that will debut on the automotive market in early 2008, won an award in Los Angeles.

When the Chevrolet Tahoe Hybrid hits the roads in the spring of 2008, it will already have made history. Not only because it will be the first full size Hybrid SUV on the market, but also because it holds the prestigious title of “Green Car of The Year”. The annual award was presented to Jay Flaherty of Chevrolet, at the Los Angeles auto show by Ron Cogan, publisher of “Green Car Journal”.

The panelists that decided who the recipient of the “Green Car of the Year” award would be included Jay Leno, host of the Tonight Show, Carroll Shelby, legendary automotive designer, and spokesperson representing four environmental organizations.

The Chevrolet Tahoe Hybrid brought to us by General Motors Corp., will also be the first General Motors vehicle that offers a hybrid system designed and developed in a collaborative effort with input given from BMW AG, Chrysler, Mercedes-Benz, in addition to GM.

General Motors Shows A Strong Back After Causing A Major Controversy.

With the release of the Chevy Tahoe Hybrid, some critics may finally forgive General Motors for what was perceived as a major mistake. In 1997, GM launched the battery operated EV1, and the little electric cars were a hit with the few people who ever had the chance to own one. The revolutionary automobile never made it to the world, only the most thoroughly screened politian’s and celebrities were given the privilege of leasing them, and then they had to give them back. In 2002, GM yanked all the prototypes back in, and sent them to the junk heap. The reason was never explained in detail, nor will GM offer any further information on the particular issue. The entire program was completely and officially cancelled in 2003, the brief statement given at the time by a spokesperson for GM claimed that they “never realized any profit from the product.”

Sophisticated Look, Distinctive Features, And Powerful Performance.

Powered by the world’s first two-mode hybrid engine system, the Chevy Tahoe Hybrid is inspiring to drive. This will be the first hybrid that is designed to optimize fuel efficiency for both city and highway driving. In the first mode, for driving at low speeds, with light loads, the Tahoe hybrid can operate in three different ways; gasoline engine only, electric only, or gas and electric together. In the second mode, for highway driving, or for pulling or carrying heavy loads, the Tahoe operates mainly with the powerful V-8 engine, assisted by electric battery when passing, or slowing.

Safety, appearance, and comfort are of great import to GM, as always. The newest member of the Chevy family is no exception to the rule. The Tahoe Hybrid SUV is as pleasing to the viewer, as is it is to the driver. The exterior has a sleek but sporty aerodynamic design, with optional features available. The dynamics that power the new model of Chevy Tahoe are updated, upgraded versions of the quality components that have made General Motors’ the worthy brand it has become. The interior of this model received quite a bit of enhancement over last year’s design. Including added storage space, additional air bags, and classy changes to the instrument panel and center console.

 

 

http://www.juble.com/articles/a309-the-biggest-automotive-award-of-the-year-goes-to-the-suv-with-the-littlest-negative-impact-on-the-earth.html

Learning About Automotive Technology

Suppliers that fail to be ahead of regulations, standards, and consumer requirements can suffer in bringing up new automotive technologies to market.

In early days of auto industry, latest technologies tend to introduce in random manner, at times based on inventor’s whim or possibly even dream tinkerer had night before. Great Bentley brought in aluminum pistons in automobiles due to decorative piston shaped paperweight that he had seen! To men and women functioning in this area, vagaries that enclose successful new automotive technology introductions most likely seem wide open. For each technology that embraces, over 10 potential fresh ones are been discarded. Steam cooled engines, talking dashboards, plastic cylinder blocks, as well as high-temperature electric batteries are some of ideas, which sounds good at some point, however finished up on the industry’s discard pile.

In order understand forces at work — and huge investments that they make — means knowing four main drivers of the automotive technology achievement and failure. Those 4 drivers are:

The robustness of technology platform: Accurately, is a technology market ready? Obstructions to robustness comprise lack of resources possessing properties needed, insufficient control plans to make thing work in a field, short of infrastructure to hold up invention, unproven construction processes as well as faulty and under-optimized product & process designs.

Many of obstacles to market readiness for new technology is related to lack of required control and pointer systems. The anti-lock brakes were foiled for years unless necessary sensor patterns and cheaply obtainable digital power caught up. Original ABS systems that was introduced by Hayes & Bendix in 1960s utlized analog PC systems, which had important performance, cost & dependability drawbacks — in some other words, they did not work very well! Ever more, robustness comprises of ability to net with industry wide standards when they evolve.

One more key “gating feature” for automotive technology is materials performance. Some designs developed in early days of automobile might succeed if materials were available with necessary performance properties. Key to Ford Model success and indestructibility need to do with the apply of molybdenum steel that was hardly at limits of the commercial feasibility until obsessed Ford drove the producers to build necessary developments.

Lack of transportation also constricts technology’s marketplace readiness. The major obstacles facing today’s substitute fuel technologies is a lack of fueling and charging stations for the natural gas and electric cars. Lastly, less than optimal basic pattern solutions have harshly inhibited latest technology robustness, in spite of soundness of an underlying pattern.

Entertainment & Convenience. The satellite radios allow drivers listen to favorite music and radio programming continuous across all over the country. Some also straight connect Mp3 player in stereo system. Some cars feature the DVD systems in order to keep the passengers calm. Moveable GPS systems are used in whatsoever car you are driving and phones can give maps as well as driving directions.

There is so many more technological advances that will happen in the future. Keep up to date with items as mentioned above by checking your local paper or even the Internet. Technology is a great thing.

Xiang Jie future vehicle information system platform technology and development – automotive, information systems and technology – automotive

With modern automobile industry and electronic technology, vehicle navigation, communications, mobile office, multimedia entertainment, security and driver assistance features such as remote fault diagnosis of electronic systems can be networked through the formation of network technology vehicle information network system. Toward the future of automotive instrumentation systems integration, intelligent, full-vehicle information system platform graphical direction. Summary

vehicle information system platform

Future vehicle information system platform will be fully available beyond the traditional automotive instrument function, the system main features include: full graphical digital instrumentation, GPS navigation, car multimedia entertainment, vehicle status display, remote diagnosis, wireless communication , the network office, information processing, intelligent transportation driver assistance and so on. Future vehicle information platform is people, vehicles, fully interactive environment, set electronics, communications, networking, embedded high-end technologies such as one-vehicle integrated information display platform. Vehicle information system platform features should at least include the following:

Meter display

Mainly contains all the features of traditional instruments. With LCD screen (LCD) as the display terminal, the huge, complex information can be graphically flexible, accurate and displayed on the LCD screen. Basic requirement is a high-brightness display graphics, high real-time response, to receive from the CAN bus and the sensor signal.

Vehicle monitoring and remote diagnosis

Through the collection of information and analysis of vehicle diagnostic information, and more intelligent monitoring of vehicle performance and condition, and give the user prompts, and vehicle information via GPRS platform module data diagnosis and diagnostic service center two-way real-time delivery. By the External GPS module and communication module, and through monitoring center, the vehicle anti-theft monitoring and remote control.

Wireless Internet access

Through a nationwide GSM / CDMA / GPRS signal, anytime, anywhere wireless Internet access, maximum speed up to 153.6Kbps, enables E-Mail, FTP, chat, browse information, online games, picture download, mobile office, electronic Business and other network functions. Fast, stable performance, safety and reliability.

Navigation information

Achieve improved navigation. Through the GPS global positioning system, regardless of the user anywhere in the world, all real-time positioning and continuous localization, in addition to providing autonomous navigation, information search, the best driving route calculation, track record and playback, but also provides traffic forecasts , parking lot parking guide, can be connected to the network of map data and other advanced features real-time updates. Navigation information system’s display is limited local area, should not affect the instrument system at the same time show.

Car Phone

Using CDMA wireless communication or VOIP network phones, car hands-free and wireless headset switches seamlessly to ensure that owners call the process of driving safety.

Car Entertainment

Car entertainment system has gone from radio and a cassette drive or CD machine evolved into a vehicle by the user and other communications with a variety of entertainment and information systems. Than many other audio / video applications, such as home appliances A / V system applications require richer. Meet people on the car entertainment and comfort requirements can be satellite digital radio receiver, car digital TV receiver, CD / DVD player, etc., and has MP3/MP4/IPOD/USB multimedia playback. Audio and video files can be downloaded via wireless, completely remove all the trouble to use the disc. Front center console or true color display and high-fidelity head-type car audio, but also provides users with professional-level audio-visual enjoyment.