Tag: volkswagen

  • The New EV from Volkswagen Costs Half as Much as Tesla

    The German automaker Volkswagen has now revealed its upcoming electric vehicle project. After being promoted earlier this year, the company has now introduced ID.Every1, their entry-level EV. The ID.Every1’s production-spec model, which is now only a pre-production concept, will begin to be sold in Europe in 2027. The Volkswagen Up’s spiritual successor, according to the company, is a “from Europe for Europe” model. The German automaker’s ID line of electric vehicles will begin with the electric hatchback, which will be positioned beneath the ID.2 All, which is regarded as the battery-powered counterpart of the Polo.

    The next ID.Every1 will cost about 20,000 euros (about INR 18.90 lakh), according to Volkswagen. This is about 5,000 euros less than the ID.2 All, which is expected to make its official debut in 2026. The ID.Every1 is more than 100 mm shorter than the ID.2 All, with an overall length of 3,880 mm.

    The Real Design will Mostly be Aligned with the Concept

    Volkswagen asserts that the final production model will not significantly deviate from the recently unveiled concept. With its blacked-out upper faux grille, big LED headlamps, and contrasting black trim on the lower bumper, the hatchback’s front profile conveys a pleasant attitude while its proportions obviously pay respect to the Up. The blacked-out A-pillar produces a smooth wraparound impression for the windscreen, and vertical LED daytime running lights placed at the bumper’s corners further accentuate the rounded fascia.

    The side profile emphasises a simple and unobtrusive appearance with delicately sculpted wheel arches and no prominent character lines. Volkswagen claims that the goal of this minimalist approach is to produce a style that is “timeless” and “classless.” 19-inch wheels and flat door handles are also part of the concept, and the C-pillar design honours the original Golf. The rear end is identical to the front, with a third brake light built into the spoiler and tail lamps and a bumper that are both similarly constructed. Volkswagen claims that the ID.Every1 has a smaller battery and a shorter wheelbase than the ID.2 All, but otherwise has a similar design up to the A-pillars.

    Should Musk be Worried?

    Without a doubt, Volkswagen will have an advantage against Tesla in this pricing range. The German company has just recently developed a solid-state battery that may solve a significant EV issue that would annoy Tesla. Despite not producing these batteries in-house, Volkswagen has teamed up with QuantumScape, and the two companies have made great strides in bringing this technology to market. The progress has also been quicker than most people could have imagined, despite obstacles.

  • Countdown to Creativity: Top New Year Ads of All Time

    As the clock strikes midnight and the world bids farewell to the previous year, advertisers grasp the chance to create campaigns that engage, motivate, and resonate with people all around the world. From heartwarming stories that make us cry to hilarious sagas that make us laugh, each ad tells a distinct story that reflects the spirit of the New Year.

    Advertisers recognize the metaphorical significance of the New Year as a harbinger of new prospects and fresh beginnings. These advertising efforts have become positive beacons with their uplifting messages and visuals.

    At their finest, exceptional New Year advertisements’ meaningful messaging and emotive creativity can inspire millions. So, without further ado, let us look at the most creative New Year ads of all time.

    1. BookMyShow: #You Make the Excuse, We’ll Make the Plan (2024)
    2. Mamaearth: #AaoBanayeNewYearBeautiful (2022)
    3. Vivo India: #SwitchOff (2021)
    4. Google: #YearinSearch (Annual)
    5. WhatsApp: #EveryoneYouLove (2022)
    6. Ariel: #CelebrateEqual (2022)
    7. BMW: The Happy New Year Flim (2023)
    8. T- Mobile: New Year. New Neighbour (2023)
    9. Volkswagen (2015)
    10. Netflix: Expectation Vs Reality (2020)
    11. Coca-Cola: New Year

    BookMyShow: #You Make the Excuse, We’ll Make the Plan (2024)

    The You Make the Excuse, We’ll Make the Plan campaign by BookMyShow captures the fun and chaos of year-end celebrations. It shows employees coming up with creative excuses for leave and even bosses joining in the holiday spirit. The commercial encourages everyone to take a break and plan their New Year celebrations using BookMyShow.

    Known for its easy booking experience, BookMyShow’s creative New Year advertisement highlights the joy of starting the New Year by spending time with loved ones. With humor and relatable moments, it reminds people to focus on what truly matters: celebrating and making memories.

    Mamaearth: #AaoBanayeNewYearBeautiful (2022)

    Best New Year Advertisements – Mamaearth’s #AaoBanayeNewYearBeautiful

    The Mamaearth #AaoBanayeNewYearBeautiful campaign centered on welcoming the New Year with natural beauty and self-care rituals. It extends an invitation to everyone to participate in the endeavor of making the New Year wonderful. Mamaearth is well-known for its dedication to natural and environmentally friendly products. The New Year advertisement showcases simple home remedies and beauty recipes using toxin-free, ayurvedic products.

    The phrase “goodness inside” fits the ad perfectly with the New Year’s theme of enthusiastically starting over with mindful practices for both body and mind. Their products facilitate that symbolic shift. More than an advertisement, it is a call to action for people to actively participate in bringing about a change for themselves.

    Vivo India: #SwitchOff (2021)

    Best New Year Advertisements – Vivo India’s #SwitchOff

    This phone company launched a touching commercial during the New Year’s holiday, emphasizing the value of disconnecting from technology in order to spend quality time with family. This advertisement depicts a typical image of people disengaged from real-life events and instead engrossed in the parallel digital world inside their devices.

    It struck a lovely chord with more extensive cultural conversations around the adverse impacts of constant connectivity on relationships, mental health, and, specifically, child development. #SwitchOff delivered much-needed inspiration to re-evaluate our relationship with technology every so often. 

    Google: #YearinSearch (Annual)

    Best New Year Advertisements – Google’s #YearinSearch

    Every year, Google releases an ad with a dedicated website analysis of the top trending searches on Google over the previous year as a glimpse of what captivated the world’s interest.  In honor of Google’s 25th anniversary, they broadened this search to include the top searches over the past twenty-five years. From critical global events to viral trends and technological advancements to the most famous personalities, #YearinSearch curates a visual journey through the highs and lows of the year.

    Moving beyond conventional advertising, it becomes a shared experience. It serves as a digital time capsule, capturing the year’s zeitgeist and inviting audiences to explore, contemplate, and possibly gain fresh insights about the unfolded events.


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    WhatsApp: #EveryoneYouLove (2022)

    Best New Year Advertisements – WhatsApp’s #EveryoneYouLove

    Centered on the insight that individuals often send messages to everyone they love to share New Year’s wishes, this ad visually guides viewers through celebrations worldwide. It emphasizes how WhatsApp facilitates relationships, allowing individuals to feel close even when they are physically apart during the holidays. The ad strikes an emotional chord by turning the focus away from WhatsApp’s capabilities and instead emphasizing its crucial, almost nostalgic role in a significant cultural tradition that transcends demographics.

    While many enjoy New Year’s Eve festivities such as parties, midnight celebrations, and fireworks, the commercial says that the emotional reset of the New Year is found when they connect with the people who matter most.

    Ariel: #CelebrateEqual (2022)

    Best New Year Advertisements – Ariel’s #CelebrateEqual

    Ariel’s #CelebrateEqual campaign addressed a pressing social issue by highlighting inequality in household duties, particularly during holidays. Ariel aspires to bring about a better society in which everyone is treated equally. The goal of the advertisement was to initiate these kinds of discussions in order to promote change.

    Several successful adverts on this topic have been launched over the years. Before the initiative, 79% of men believed that domestic responsibilities were solely the responsibility of women.  That figure has now dropped to 41%. Celebrations have returned, with family meals, festivals, and gatherings arranged with the purpose of achieving a genuinely equal celebration.

    BMW: The Happy New Year Flim (2023)

    Best New Year Advertisements – BMW’s The Happy New Year Flim

    The hashtag #bornelectric is a marketing campaign based on BMW‘s electric vehicles (EVs). BMW has been actively involved in the research, development, and promotion of electric and hybrid cars, harmonizing with the global shift toward environmentally friendly modes of transportation.

    The commercial aimed to attract youngsters who are enthusiastic about electric vehicles and other environmentally friendly modes of transportation. The teenager in the commercial represents the current generation, and their dismissive attitude regarding automobiles is designed to resonate with viewers who share similar views. The commercial’s tagline, “The future is electric,” conveys the clear message that BMW is committed to building electric vehicles and truly believes this is the future of transportation. This is more than just hardware; it is a work of art that reflects a new direction led by conscience and innovation.

    T- Mobile: New Year. New Neighbour (2023)

    Best New Year Advertisements – T Mobile’s New Year. New Neighbour

    T-Mobile is known for its inventive and often amusing marketing campaigns in the telecoms business. The organization has a history of employing bold and innovative techniques to differentiate itself from its competitors. T-Mobile refreshed its hit 2017 holiday marketing concept in 2023, emphasizing its wireless plans and 5G network stability. In this advertisement, an American icon walks into the neighborhood and sings with the group to promote T-Mobile Home Internet. The commercial encourages viewers to try T-Mobile Home Internet, which is easy to set up and operates on 5G home networks.

    Volkswagen (2023)

    Best New Year Advertisements – Volkswagen | Happy New Year

    Volkswagen is a car manufacturer based in Germany. In their advertising efforts, they have frequently used a blend of creative storytelling, innovation, and a focus on the driving experience. The advertisement aims to promote Volkswagen’s brand while creating a good relationship with the New Year. The advertisement’s eye-catching visuals demonstrated the brand’s dedication to high design and quality. The ad’s emphasis on the car’s performance and aesthetics reflects the company’s pride in its products.


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    Netflix: Expectation Vs Reality (2020)

    Best New Year Advertisements – Netflix’s Expectation vs Reality

     Using a lighthearted tone, Netflix‘s 2020 New Year’s commercial contrasted the romantic films’ idealistic depictions of the event with the more grounded reality that viewers usually see in real life. The advertisement features a montage of cliché movie scenes depicting New Year’s Eve as a gorgeous night but smoothly transitions into a hilarious reality. The primary theme of this out-of-the-box advertisement is that watching Netflix at home surpasses trying to replicate fictitious versions of New Year’s Eve out in the real world, supporting Netflix’s brand image as an essential source of entertainment.

    Coca-Cola: New Year

    Countdown Creative Ads – Coca-Cola’s New Year

    Amid the global excitement for the year 2022, Coca-Cola released a vibrant and upbeat New Year’s advertisement featuring their trademark dazzling imagery and a message of unity. Coca-Cola is well known for its eye-catching commercials, which frequently include vivid colors, joyful scenes, and a festive atmosphere. It even features the contour bottle and red and white color scheme from its classic trademark. The video’s joyful and cheery soundtrack, as well as its varying collection of characters, correlate with Coca-Cola’s corporate image of promoting happiness and connection through its products.

    Conclusion

    These advertisements go beyond merely marketing items; they connect with us on a deeper level by tapping into the emotions and ambitions associated with the start of a new year. Whether it’s the joy of being together, the promise of a new beginning, or the reflection on the passing of time, these advertisements have beautifully captured the essence of the New Year Spirit. These stand out as timeless masterpieces that continue to bring a smile to our faces and warmth to our hearts as we welcome each new year.

    FAQs

    What is the world’s biggest ad campaign?

    Most Creative Ad Campaigns are:

    1. Nike: Just Do It.
    2. Coke: Share a Coke
    3. Absolut Vodka: The Absolut Bottle
    4. Volkswagen: Think Small (1960)
    5. Google: Year in Search (2017)
    6. Apple: Get a Mac (2006)

    Who has the biggest ads in the world?

    In 2023, Amazon claimed the global advertising throne as the largest spender, dishing out a whopping $20.6 billion—a 22% surge from 2022’s investment in promotions and advertising.

    What is the most viral ad of all time?

    The most viral ads of all time are:

    • Old Spice
    • Dollar Shave Club
    • Open Six
    • Mac History
    • Dumb Ways to Die
    • VW, Piano Stairs
    • Dove, Evolution
  • Top 10 EV Companies in the World

    With the rise in Electric Vehicles around the globe the market has grown in the past decade. There is a lot of competition among brands to bring out the best Electric Vehicles. The race is both in the two wheeler and four wheeler sectors. Not to forget the bigger vehicles too in this competition! If you are planning to buy an EV or want some information about the trending EVs globally then here is a listicle. Let us dive into the world of EVs and check out the top 10 EVs in the world.

    Tesla, Inc.
    BYD Auto
    General Motors (GM)
    Volkswagen AG
    Hyundai Motor Company
    Ford Motor Company
    Rivian Automotive
    NIO Inc.
    Lucid Motors
    Xpeng Motors

    Tesla, Inc.

    Company Tesla Inc.
    Founded 2003
    Market Cap (September 2024) $732.81 Billion
    Origin USA
    Website tesla.com
    Top EV Companies - Tesla Inc.
    Top EV Companies – Tesla Inc.

    Tesla, Inc. is an American electric vehicle and clean energy company founded in 2003, known for its mission to speed up the world’s transition to sustainable energy through innovative products and solutions. The company was established by engineers Martin Eberhard and Marc Tarpenning, with Elon Musk joining shortly after as a significant investor and later becoming the CEO.

    The company has pioneered several key innovations in the automotive industry. High-performance electric vehicles, advanced battery technology, and autonomous driving capabilities are their innovations. Their contribution to the evolution of electric mobility include:

    • Tesla Roadster
    • Model S
    • Model 3
    • Model X
    • Model Y

    Tesla’s impact on the market has been profound, as it has spurred a global shift towards electric vehicles. This is after it only disrupted traditional automotive manufacturers. The company has reported increasing sales figures. Also, a significant growth in both production and delivery, reflects a rising consumer demand. Besides electric vehicles, Tesla has expanded its portfolio to include energy storage solutions. This diversification aligns with the company’s overarching goal of promoting renewable energy and reducing reliance on fossil fuels. 

    BYD Auto

    Company BYD Auto
    Founded 1995
    Market Cap (September 2024) $99.06 Billion
    Origin China
    Website byd.com
    Top EV Companies - BYD Auto
    Top EV Companies – BYD Auto

    BYD Auto, established in 1995, originated as a rechargeable battery manufacturer. Then it diversified into the automotive sector. The company has evolved into a leading player in the electric vehicle market. It is driven by its commitment to innovation and sustainability. Its headquarters are located in Shenzhen, China. The headquarters has developed a robust infrastructure for research and development. 

    The company offers passenger cars, buses, and commercial vehicles. BYD’s electric vehicle range is characterized by:

    • advanced battery technology,
    • impressive driving ranges, and
    • a focus on environmental sustainability.

    Models such as the BYD Han and BYD Tang have gained attention for their performance and features.

    BYD Auto has made significant strides in global expansion. This has helped in establishing a presence in various international markets. The company has formed strategic partnerships and collaborations to enhance its market reach. It has invested in local manufacturing facilities to meet regional demand. 


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    General Motors (GM)

    Company General Motors
    Founded 1908
    Market Cap (September 2024) $52.88 Billion
    Origin USA
    Website gm.com
    Top EV Companies - General Motors
    Top EV Companies – General Motors

    Established in 1908, GM is evolving through various phases of innovation and adaptation. The company has increasingly focused on electrification, recognizing the need to transition from traditional internal combustion engines to EVs. 

    The launch of the Chevrolet Bolt marked a significant milestone for GM, as it was one of the first affordable all-electric vehicles to offer a substantial driving range, thereby making electric mobility more accessible to the general public. Additionally, the introduction of the Hummer EV represents a bold step in reimagining a classic brand, showcasing GM’s capability to produce high-performance electric vehicles that appeal to both adventure enthusiasts and environmentally conscious consumers.

    GM’s long-term vision is centered around achieving an all-electric future, with ambitious goals to eliminate tailpipe emissions from new light-duty vehicles by 2035. 

    Volkswagen AG

    Company Volkswagen AG
    Founded 1937
    Market Cap (September 2024) $52.74 Billion
    Origin Germany
    Website volkswagen-group.com/en
    Top EV Companies - Volkswagen AG
    Top EV Companies – Volkswagen AG

    Volkswagen AG is undergoing a transformation. It has shifted from conventional manufacturing to electric vehicles (EVs). The company is reflecting a strategic response to the evolving automotive landscape. This transition involves large investments in R&D, and new production facilities.

    The ID series represents an innovative approach to electric mobility. It features a range of models designed to cater to diverse consumer needs. This series includes vehicles such as the ID.3 and ID.4. These are equipped with cutting-edge features and sustainable design elements. Volkswagen AG is dedicated to sustainability, aiming to reduce its carbon footprint. The company has set ambitious future goals, thereby contributing to a more sustainable automotive industry.

    Hyundai Motor Company

    Company Hyundai Motor Company
    Founded 1967
    Market Cap (September 2024) $43.79 Billion
    Origin South Korea
    Website hyundai.com/worldwide/en
    Top EV Companies - Hyundai Motor Company
    Top EV Companies – Hyundai Motor Company

    Hyundai Motor Company has made significant strides in the EV sector, focusing on innovative technologies and sustainable practices. The company aims to expand its EV lineup. It looks at investing in R & D for improve battery efficiency and charging infrastructure. This in turn promotes a greener automotive future.

    Among the notable electric models introduced by Hyundai are

    • Hyundai Ioniq
    • Kona Electric

    The Ioniq series offers a range of options, including

    • hybrid
    • plug-in hybrid
    • fully electric variants

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    Ford Motor Company

    Company Ford Motor Company
    Founded 1903
    Market Cap (September 2024) $43.01 Billion
    Origin USA
    Website ford.com
    Top EV Companies - Ford Motor Company
    Top EV Companies – Ford Motor Company

    The Ford Motor Company has undergone significant transformations in response to the evolving automotive landscape. This shift has necessitated a comprehensive reevaluation of their product offerings. In line with this transition, Ford has launched innovative electric models such as:

    • Mustang Mach-E: an all-electric SUV that combines performance with eco-friendliness,
    • F-150 Lightning: an electric version of their iconic pickup truck.

    These vehicles not only reflect Ford’s commitment to electrification but also aim to capture the interest of a diverse consumer base seeking modern, sustainable transportation options. To solidify its position in the market, Ford has developed plans that encompass increased investment.

    Rivian Automotive

    Company Rivian Automotive
    Founded 2009
    Market Cap (September 2024) $13.60 Billion
    Origin USA
    Website rivian.com
    Top EV Companies - Rivian Automotive
    Top EV Companies – Rivian Automotive

    Rivian Automotive was established with a mission to revolutionize the automotive industry. It aimed at producing sustainable electric vehicles. Such vehicles were designed to cater to the needs of adventure-seeking consumers. The innovation involved environmental responsibility.

    The company has concentrated its efforts on developing electric trucks and SUVs. It aims to capture a significant share of the growing market for electric vehicles. The emphasis is given to offering products that combine rugged performance with advanced technology and eco-friendly features. Rivian has attracted large investment from various sources. Such investments have positively influenced its market reception. This has led to heightened interest and anticipation for its vehicle offerings.

    NIO Inc.

    Company NIO Inc.
    Founded 2014
    Market Cap (September 2024) $10.96 Billion
    Origin China
    Website ir.nio.com
    Top EV Companies - NIO Inc.
    Top EV Companies – NIO Inc.

    NIO Inc. is a prominent electric vehicle manufacturer established in 2014. The company was founded by William Li. He aimed to create high-performance electric vehicles.

    NIO vehicles stand out in the crowd by their cutting-edge features, which include

    • advanced battery swapping technology,
    • autonomous driving capabilities, and
    • focus on user-centric design.

    These attributes not only enhance the driving experience but also address concerns such as:

    • range
    • charging times
    • positioning

    The company has experienced growth since its start. It is marked by increasing sales figures and expanding market presence. With an aim to solidify its market presence, NIO plans to:

    • innovate product lineup
    • enhance service offerings
    • explore international markets

    Lucid Motors

    Company Lucid Motors
    Founded 2007
    Market Cap (September 2024) $8.91 Billion
    Origin USA
    Website lucidmotors.com
    Top EV Companies - Lucid Motors
    Top EV Companies – Lucid Motors

    Lucid Motors was established with the vision of redefining the luxury automotive experience. The company aims to create high-performance electric vehicles. These vehicles not only meet but exceed the expectations of discerning consumers. They emphasize a commitment to environmental responsibility and cutting-edge design.

    The flagship model, the Lucid Air, exemplifies the brand’s dedication to excellence. It features impressive specifications such as

    • a range of over 500 miles on a single charge,
    • rapid acceleration capabilities, and
    • spacious, luxurious interior equipped with state-of-the-art technology.

    The vehicle’s design integrates aerodynamics and efficiency, showcasing a sleek silhouette. The company differentiates itself from traditional luxury automakers by focusing only on electric powertrains, thereby appealing to environmentally conscious consumers who seek high-end vehicles without compromising on performance or style.

    Xpeng Motors

    Company Xpeng Motors
    Founded 2014
    Market Cap (September 2024) $8.26 Billion
    Origin China
    Website xpeng.com
    Top EV Companies - Xpeng Motors
    Top EV Companies – Xpeng Motors

    Xpeng Motors, founded in 2014, has emerged as a significant player in the electric vehicle industry. It is driven by a vision to create intelligent and connected vehicles. These vehicles enhance the driving experience. The company was established in Guangzhou, China.

    The company is renowned for its cutting-edge technology and advanced smart features such as:

    • autonomous driving capabilities, 
    • intuitive user interface, 
    • robust suite of connectivity options. 

    Xpeng’s vehicles are equipped with proprietary software and hardware that enable over-the-air updates, ensuring that customers benefit from the latest advancements in automotive technology.

    In recent years,it has expanded its footprint beyond the Chinese market. This expansion is characterized by: 

    • establishment of local partnerships,
    • introduction of its flagship models, 
    • commitment to meeting the diverse needs of global consumers.

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    FAQ

    What are the top EV companies in the world?

    The top EV companies are Tesla Inc., Ford Motor Company, Hyundai Motor Company, Lucid Motors, General Motors, NIO Inc., Rivian Automotive etc.

    Who is the No. 1 EV company?

    Tesla is considered the market leader in the EV sector. The American company was founded in 2003 by multi-billionaire Elon Musk.

    Which country is leading in EVs?

    The country which is leading in terms of the production of EVs is China. China produces more than 60% of EV batteries around the world.

    What is the full form of BYD?

    Build Your Dreams also known as BYD is a China-based multinational high-tech company. BYD Auto is one of the leading EV manufacturers around the world.

  • Bugatti – Manufacturer of Fastest Cars in the World

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Bugatti.

    We have all grown up seeing pictures of various luxury cars. We have admired them, fascinated them and wished to own them someday. They are not such easy-buy vehicles. The price they come at is not affordable for the majority of our country’s population. This is one of the main reasons that we are unable to locate any of such premium brand cars on our roads. Another primary reason is the infrastructure facilities in our country.

    Certain brands like Rolls-Royce, Audi, Benz, BMW, etc. are being designed suitably for the Indian market. But some premium car models and brands are either not affordable or banned from running on Indian roads. One such premium luxury car brand is Bugatti.

    Though Bugatti’s presence in the Indian market is minimal or almost nil, the company’s cars are popular in the Middle East and other parts of the world. Bugatti has more than a century-long history that dates back to the early 1900s. This article covers the complete story of Bugatti right from even before its inception in 1909, its growth, change of ownership, competition and its current status in the world market.

    Bugatti – Company Highlights

    Company Name Bugatti
    Headquarters Molsheim, France
    Industry Automotive
    Founded 1909
    Founder Ettore Bugatti
    CEO Mate Rimac
    Owner Volkswagen (1998-2021), Rimac Automobili (2021-Present)
    Website bugatti.com

    Bugatti – About
    Bugatti – Industry
    Bugatti – Founder and Team
    Bugatti – Startup Story
    Bugatti – Name and Logo
    Bugatti – Challenges Faced
    Bugatti – Mergers and Demergers
    Bugatti – Growth and Timeline
    Bugatti – Competitors
    Bugatti – Future Plans

    Story of Bugatti

    Bugatti – About

    Bugatti is a luxury car manufacturer that was established in 1909 in Molsheim, France. The artistic designs and engineering of automobiles are what Bugatti is known for. Besides, it is also well-known for its sports cars. These cars were extraordinarily well-performing and gained a reputation as one of the most successful racing car brands in the world.

    The Bugatti Type 35 model held the crown in the sports car category in the mid-1920s. The Bugatti Veyron model, which gained huge popularity in the early 2000s, remained the fastest car in the world with a speed of 410 kmph for many years. Bugatti is extremely focused on its design and speed which remains uncompromisable for anything.

    Bugatti – Industry

    The automotive industry involves the manufacturing and marketing of engines, motor vehicles and other related components. It is highly competitive and is one of the largest industries in the world in terms of revenue. As per the statistical reports, China has always led the automotive industry in production and distribution. This industry was on consistent growth in the pre-covid era. In 2017, automobile sales were at a peak and a total of 80 million units were sold during the year. But, the Covid pandemic has stumbled the industry, including China, and is now slowly recovering from its fall.

    Bugatti – Founder and Team

    Bugatti has been under various leaderships over its 113 years of existence. There have been several people who played a significant role in the growth of the company. The following are the founder and a few other key people of Bugatti during its early stages and present times:

    Ettore Bugatti

    Ettore Bugatti - Founder of Bugatti
    Ettore Bugatti – Founder of Bugatti

    Ettore Bugatti was an automobile Engineer and the founder of Bugatti. Ettore Arco Isidoro Bugatti is his full name and was born on 15 September 1881, in Milan, Italy. His interest in automobile designing and engineering came from his father who was a designer himself in the field of jewelry and furniture and his grandfather who happened to be an architect and a sculptor. He started building prototypes for automobiles right from his late teens and finally established the brand Bugatti in 1909. Ettore Bugatti passed away in August 1947 in France.

    Jean Bugatti

    Jean Bugatti is the eldest son of Ettore Bugatti and was born in Cologne on 15th January 1909. It was the year of the establishment of Bugatti and the family moved to Molsheim soon after he was born. He naturally got imbibed into the company. Jean served as the test engineer and designer for most of Bugatti’s cars between 1926 and 1939. He created some exceptional designs along with his father and laid a fantastic pathway for the company’s growth. Jean Bugatti died in August 1939 in an accident that occurred while test driving one of the automobile prototypes.

    Stephan Winkelmann

    Stephan Winklemann was the CEO of Bugatti automobiles, between 2018 and 2021, when the company remained a subsidiary of Volkswagen Group. He was born in 1964 and is a graduate of Political Science. Winklemann started his career as a sales representative of Mercedes Benz and worked in a couple of automobile companies in higher positions. His experience and knowledge in the automobile sector made him the President and CEO of Lamborghini in 2005. He served this position for 11 years before becoming the CEO of Audi in 2016. Stephan Winklemann was again made the Chairman and CEO of Lamborghini in 2020.

    Mate Rimac

    Mate Rimac is a young entrepreneur from Croatia who is the founder of an electric sports car company named Rimac Automobili. His entrepreneurial and innovative skills attracted many big companies like Porsche, Camel Group, Hyundai, etc. to invest in his company. He recently made an affiliation between his company and Porsche to bring in Bugatti under their joint venture Bugatti Rimac. Mate Rimac is currently the CEO of this new company.


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    Bugatti – Startup Story

    The seed for Bugatti automobiles was sown with the birth of Ettore Bugatti in 1881. His artistic family background engulfed him in the areas of designing and engineering. As a result, Ettore entered an apprenticeship program in a bicycle company named, Prinetti & Stucchi in 1898. He was captivated by the technology and engineering behind motors. This encouraged him to develop a motor tricycle and even participate in some races with those developments.

    Then, Ettore Bugatti started making cars and exhibited them at the Milan International Exhibition in 1901. He won an award for his Type 2 Model which he joined hands with the Gulinelli brothers to make it. But the rights to manufacture the model were lost due to the death of one of the Gulinelli brothers and Ettore was too young to sign a deal. Later, he gained his way into the firm that earlier got the rights for manufacturing Ettore’s cars in 1902. Since he was underage, all the agreements were signed by Ettore’s father Carlo Bugatti.

    Ettore later designed cars for various manufacturers in the next few years and finally decided to start his own company in 1909. As a result, Bugatti Automobiles was born in 1909 with the support of Pierre de Vizcaya and Darmstadter Bank. The company’s first project was to manufacture five airplane engines and ten cars.

    Bugatti Logo
    Bugatti Logo

    The name ‘Bugatti’ was derived from the name of its founder Ettore Bugatti. It is the surname of the family. The logo of Bugatti comes in a red oval with ‘BUGATTI’ written in the middle. This oval is surrounded by a white outline that comprises 60 red dots in it. This logo was designed by Ettore’s father Carlo Bugatti who is a jewelry designer. The logo itself looks like a fine jewel. It also carries the symbol ‘EB’ with an inverted E that represents Ettore Bugatti.

    Bugatti – Challenges Faced

    The following are the challenges faced by Bugatti over the years:

    1. The first major challenge faced by Bugatti after WW1 was a labor strike in 1936. Ettore Bugatti always used to take good care of his employees and hence, he considered this labor strike a personal insult. The issue was resolved but Ettore started distancing himself from the workers and the Molsheim factory.
    2. The next big hit happened in 1939. Jean Bugatti, who played a key role in the company, was killed in an accident during a test drive. The entire company was stunned by his death as there was none left to take the company forward after Ettore. To make this worse, WW2 began a few days later and Bugatti was forced to be sold to an entrepreneur from Germany by the government. Bugatti automobiles were never the same after the above two incidents.
    3. Even after the war, when Ettore Bugatti got the company back, he couldn’t re-establish the business due to insufficient funds. The issues made his health deteriorate and he died in August 1947.
    4. The appointed Managing Director took over the company after Ettore but couldn’t run it efficiently. As a result, the production of Bugatti came to a halt in 1956.
    5. Later, the company was taken over by a Spanish automobile maker. Even then, Bugatti was forced to cease its operation in 1995 due to unsaid reasons and later was acquired by Volkswagen in 1998.

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    Bugatti – Mergers and Demergers

    Bugatti Automobiles went through different management and mergers over the years. The first of those came in 1948, right after the death of Ettore Bugatti. Ettore’s heirs appointed Pierre Marco as the Managing Director of Bugatti. But, within three years, another son of Ettore, Roland Bugatti, took over the management.

    In 1963, a Spanish-based automobile manufacturer Hispano-Suiza purchased the company. It was later renamed as Messier-Bugatti and continued production.

    Romano Artioli, a car dealer and entrepreneur, acquired the rights for the trademark of Bugatti in 1987 and operated it under the name ‘Bugatti Automobili S.p.A. But this company ceased operations in 1995 and the rights for the production of the sports car EB 110 were acquired by Dauer Racing GmbH.

    Finally, in 1998, Volkswagen purchased Bugatti and brought it under its portfolio. It was then the company launched some of its successful models like Veyron, Chiron and Divo. But Bugatti left Volkswagen in November 2021 to join hands with Rimac Automobili and Porsche to form a new company ‘Bugatti Rimac’. Rimac controls 55% of the shares while Porsche has the rest in this new venture. All its future operations are expected to happen under this new management.

    Bugatti – Growth and Timeline

    Bugatti Growth | Number of Deliveries of Bugatti Cars
    Number of Deliveries of Bugatti Cars | Bugatti Growth

    Though the company was established only in 1909, Ettore Bugatti entered the industry in 1901 with the Type 2 model. He later built the first race car, Type 5, in 1903 which was a chain-driven model with a tubular chassis frame. Ettore started making advanced modeled cars from the previous versions for Mathis and Deutz in 1905 and 1907 respectively. Then came the birth of his own brand Bugatti in 1909 in Molsheim, France.

    As the years passed, Bugatti came up with new and advanced models of cars at regular intervals. The company kept innovating and enhancing its automobiles and took part in various international motor car races. In 1913, Peugeot Bebe, a four-cylinder car was launched by Bugatti that reached a top speed of 60 kmph. It is one of the largest produced cars by the company in terms of units at that time. It was followed by ‘Type 13 Brescia’ which remained successful until 1926.

    By 1915, Bugatti started manufacturing airplane engines as a result of the First World War. The company broke and created many records in various Grand Prix races in the next couple of decades. With the launch of every new model, there came some enhancement and advanced technological inducement in the vehicles.

    1926 marked the dream-come-true moment for Bugatti when it launched its first most luxurious car named ‘Royale’. The company then entered the manufacture of high-speed trains and launched its prototype in 1932. The trial run was made by Jean Bugatti and a record was created at a speed of 166 kmph.

    Beginning in 1939 Bugatti faced a series of struggles and changes in management until the end of the 20th century. Except for some race victories and a few models the company faced a severe downfall. It was only in 2001, after the launch of the Bugatti Veyron prototype, that the brand started regaining its image. It refurbished its head office in Molsheim, renamed it ‘The Atelier’ and started manufacturing Veyrons. It turned out to be the fastest car in the world. Now, ‘Bugatti Chiron’ is the most popular, fastest and most successful model of the company.

    Despite the struggles Bugatti faced after WW2, it has never lost its brand reputation. The company has always stuck to its quality, design, innovation and speed under any circumstance. They have played a major role in Bugatti’s growth and will continue its streak in its new joint venture ‘Bugatti Rimac’.

    Bugatti – Competitors

    There are many premium and elegant car manufacturers in the market around the world. Therefore, there is plenty of competition available for Bugatti. Here are some of the top competitors of the company:

    Maserati

    Maserati is a luxury automobile manufacturer based in Modena, Italy. This company is known for its reliability, luxury and speed. Maserati was started in 1914 during the beginning of WW1. It was earlier a subsidiary of Ferrari and is currently owned by Stellantis since 2021. Ghibli and Alfieri are some of the popular models produced by Maserati.

    Ferrari

    Ferrari is another company based in Italy that was established in 1947. It manufactures luxury road and sports cars that have a fantastic brand reputation from the people. Ferrari manufactures elegant and expensive cars that have taken part in and won various racing events like Formula One.

    Rolls-Royce

    Rolls-Royce Motor Cars is a subsidiary of BMW that manufactures extreme luxury road cars. The company is based in the UK and has a history that dates back to 1906. Rolls-Royce Ghost and Phantom series cars are very popular and are known for their astounding looks and sophisticated experience.

    Bugatti – Future Plans

    Since Rimac is a manufacturer of electric vehicles, Bugatti Rimac is on a path towards electric and hybrid cars. The CEO Mate Rimac announced that the successor of Bugatti Chiron would be all-electric. He also said that the company is into the production of Bugatti Bolide which might be released later in 2022. A teasing image describing all the above announcements was released by the company. Since it is a newly formed venture, its long-term plans and goals related to various aspects of the business are yet to be announced.

    FAQs

    When was Bugatti founded?

    Bugatti was founded in 1909 in Molsheim, France.

    Who is the owner of Bugatti?

    Rimac Automobili is the owner of Bugatti.

    Who is the founder of Bugatti?

    Ettore Bugatti is the founder of Bugatti.

    What are the top models of Bugatti?

    Top models of Bugatti are:

    • Bugatti Chiron
    • Bugatti Veyron
    • Bugatti La Voiture Noire
    • Bugatti Divo
    • Bugatti Centodieci

    Who are the top competitors of Bugatti?

    Top competitors of Bugatti are:

    • Maserati
    • Ferrari
    • Rolls-Royce

    What is the revenue of Bugatti?

    Revenue for Bugatti is estimated to reach $89.79 million in 2022.

  • The Journey of Volkswagen Polo: How it Became the World’s Most Loved Hatchback Car?

    One of the most timeless and iconic cars from the Volkswagen portfolio, the stylish Polo hatchback has completed over a decade in a fierce, competition-packed segment. Over the past ten years, this hatchback has set a higher than usual benchmark in safety. With a Global NCAP crash rating of 4-stars, the hatchback was one of the first and most-loved cars in the Indian market to offer airbags and ABS as standard in all its cars across all trim levels.

    Volkswagen Polo has come a long way to becoming peoples’ favorite and loved hatchback. Since its launch, it has also appealed to an incredibly diverse audience by providing as many as eight engine options. Let’s look at its cherished history to understand how the vehicle started on its journey.

    Volkswagen Polo’s History
    What Made Volkswagen Polo World’s Most Favorite Hatchback?

    Volkswagen Polo Features

    Volkswagen Polo’s History

    Volkswagen Polo
    Volkswagen Polo

    Volkswagen Polo is among the best hatchbacks available today. This fun-to-drive car has sold over 14 million units to date. The most well-known Polo ever seen on roadways was Polo Mk 2, produced between 1981 and 1994. Over 2.7 million units of this beast model were sold globally. MK2 was available in three distinct body styles: a 3-door hatchback, a sedan with a 2-door known as the Polo Classic, and a 3-door hatchback.

    The first Polo, the 5th generation model, debuted in 2010 and was given an update in 2012. Then, in 2013, GT models of the Polo were released along with the Cross Polo. The Cross Polo was a rugged version of the Polo powered by 1.2-liter petrol and diesel engines. It later received the 1.5-liter diesel engine.

    The GT versions were a completely different ball game. There’s a 1.2-liter GT TSI petrol model with 105 horsepower and connected to a seven-speed DSG gearbox. The 1.5-liter GT TDI was a delight too. It’s safe to claim that GT models were among the initial hot hatches to be able to operate on Indian roads.

    Then in 2014, Volkswagen added the 1.5-liter TDI engine to the refreshed Polo. Fast forward to 2017, the engine came to India. In a surprising decision, Volkswagen launched the monster of a vehicle named the Polo GTI. Polo GTI equipped with a 1.8L TSI engine produces the power of 192 PS and is coupled to a DSG gearbox.

    Polo isn’t only a car that can transport people. Volkswagen’s Motorsports division has used its performance to the fullest extent. Polo has been part of Volkswagen’s Motorsports division since its beginning in 2010. Polo has also been a participant in the Indian National rally championship and has won the POLO WRC award three times from 2013 until 2016.


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    What Made Volkswagen Polo World’s Most Favorite Hatchback?

    The journey of Volkswagen Polo shared above must have given a hint behind its success, but there’s a lot behind it. To help people understand its growth journey, we’ve listed the reasons behind its success. So let’s look at the factors or reasons behind its growth.

    Impeccable Safety Features

    One of the most striking and appealing advantages of having Volkswagen is its commitment to security. Volkswagen Polo is one of the most secure hatchbacks available. It has an NCAP rating of four stars, which isn’t attainable by all contemporary hatchbacks. Equipped with the latest in occupant safety, the vehicle includes two airbags for passenger and driver anti-lock brake Systems (ABS) and an electronic Anti-theft immobilizer.

    Classic and Timeless Design

    Volkswagen Polo will never disappoint you if the appearance of a car matters the most to you. The Polo is among the very few hatchbacks made in India that has improved in appearance over time. This Volkswagen Polo sported a clean and swept-back headlamp design. The headlamps opposite side were a horizontal grille, with the triple chrome slat pattern highlighted by a massive Volkswagen logo in the middle.

    The design of the Volkswagen Polo features minimal creases and body lines that give the Polo a muscular appearance. From the sides, the Polo did a great job by imparting a look identical to a rugged machine that has elevated suspension and higher floor clearances of 168 millimeters. Volkswagen equipped the Polo with sporty alloy wheels to create a more aggressive design.

    Big on Space

    The Polo was among India’s top compact hatchbacks when it first came out. In the face of competition, one aspect that made Polo more comfortable was its spacious cabin and a slack stance. With a wheelbase of 2456 millimeters in its first years and then increasing to 2470 mm with the facelifts, the Polo is larger than many competitors.

    With the broader diameter of its wheelbase, Polo also allowed for comfortable seating for passengers in the front and rear ends. As a well-constructed and spacious hatchback that is spacious and well-built, this Polo is ideal for many first-time car buyers.

    Durable Construction Quality

    Another thing that makes the Volkswagen Polo a competent, compact hatchback is its sturdy build quality. When it was first introduced in the market, it was known that the Polo was built on the same platform that was used to make the Audi A1 back then, which itself is a testimony to the excellent build quality of the Polo. It is built using an elegant German design.

    A Wide Variety of Efficient Engines

    One factor that makes Volkswagen Polo a vehicle worth purchasing is its diverse engine options. In its initial years, Polo was available with the 1.2-liter gasoline engine, mated with a five-speed manual that returned 16.47 kmpl. The diesel engine available as a 1.2-liter TDI diesel engine mated to a manual five-speed that produced 22.08 kilometers per liter of fuel. In the second quarter of 2010, the Volkswagen Polo was released with a 1.6-liter petrol engine, much more potent than the previous engine.

    In 2013 the Polo received a 1.2-liter turbocharged TSI engine mated to a seven-speed DSG auto. Volkswagen also gave the vehicle the 1.6-liter TDI diesel engine mated to a five-speed manual and the sports mode in the same year. In 2019 the Polo was subjected to BS6 modifications. It then returned with the 1.0-liter naturally-aspirated petrol engine and a 1.0-liter turbo-petrol TSI engine.


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    Conclusion

    Polo has come a long way in its journey of winning people’s hearts, and for all the right reasons. Be it the engine or safety features, timeless design, or spacious and stylish interiors; many factors have contributed to Polo’s journey to become the world’s best hatchback. In addition to the features, the manufacturer’s efforts in constantly upgrading the vehicle with time contributed massively to Polo’s success. It is not just a hatchback but a dream vehicle for many. Those willing to invest in a safe, stylish, and comfortable car should choose Volkswagen Polo over other hatchbacks.

    FAQs

    Which is the best hatchback car?

    Volkswagen Polo is the most reliable hatchback car in the world. Some other hatchback cars are:

    • Volkswagen Polo
    • Ford Fiesta
    • Ford Focus
    • Volkswagen Golf
    • Mini Cooper
    • Mercedes Benz A-Class
    • Vauxhall Corsa
    • BMW 1-series
    • Vauxhall Astra
    • Audi A3

    When was Volkswagen Polo launched in India?

    Volkswagen Polo was launched in February 2010 in India.

    Which are the top competitors of Volkswagen Polo?

    Top competitors of Volkswagen Polo are:

    • Ford Fiesta
    • Vauxhall Corsa
    • Skoda Fabia
    • Peugeot 208
    • Renault Clio
    • Seat Ibiza
    • Mini 5-door Hatch
    • Dacia Sandero
    • Hyundai i20
    • Toyota Yaris Hybrid

    What is the price of Volkswagen Polo in India?

    Volkswagen Polo price in India ranges between INR 6.49 Lakh and INR 10.25 Lakh.

    How are the Volkswagen Polo sales in India?

    There were 728 Volkswagen Polo sold in May 2022 in India.

  • Case Studies of 6 Famous Corporate Espionage

    In every business school, you will learn that the primary objective of a business is to make money. However, no one signifies the right method to make a profit. Well, in greed to make more money, some people start to follow unethical ways. There can be thousands of unethical ways, one such way is to steal a competitor’s plan or idea and present it to the world, as their own. There are numerous big and small corporate houses present in history, that had stolen their competitor’s ideas. Due to this malpractice by the corporate houses, the term espionage evolved. If you are wondering, what exactly ‘corporate espionage’ means, then let’s get familiar with the term first.

    The dictionary meaning of corporate espionage, “Attempting to obtain trade secrets by dishonest means, as by telephone- or computer-tapping, infiltration of a competitor’s workforce, etc.

    In the layman’s language, we can say that corporate espionage means spying on your competitor to gather their secret business information. There can be different means to spy, like tapping phone calls or hacking computer systems or even bribing their past and current employees to get competitor’s future roadmap. This practice is done by almost every corporate establishment, the only difference is that some got caught in time and some just don’t, instead they become rich on another person’s idea. So, today we are going to focus on the former one and will talk about corporate espionage by 6 top companies.

    Unilever Vs Procter & Gamble
    Cadence Design Systems Vs Avant
    Opel Vs Volkswagen
    IBM Vs Hitachi
    Avery Dennison Corp Vs Pin Yen Yang (Four Pillars)
    Waymo Vs Uber

    Unilever Vs Procter & Gamble

    In 2001, P&G admitted that they launched a spy mission for their core competitor Unilever to gather some inside scoop. Their cunning corporate espionage plan, which P&G referred to as an “unfortunate incident,” included going through Unilever’s trash in search of documents, although if Unilever habitually throws away full documents entitled “Super Secret Product Information That Will Crush P&G” their days as an industry leader are numbered. Later when the matters were disclosed in front of Unilever, then both the companies came to a mutual understanding and P&G swore not to use any gathered information. Thus the matter was mutually solved by both companies.

    Cadence Design Systems Vs Avant

    In the early 90′s the Avant, one of the biggest software companies in silicon valley at that time, had stolen code from a rival company, Cadence Design Systems. This became more than a simple case of unscrupulous business practices when prosecutors filed charges and, in 2001, Avant! was ordered to pay $182 million in restitution plus interest and fees, for a total of $200 million. The case got very hick at the time and Avant paid $200 million to settle the case and received the civil case in return. This marked a record for corporate espionage cases during that decade.

    Opel Vs Volkswagen

    Every employee is precious to the company and Opel faced the biggest shock of the time when their chief of production moved to rival Volkswagen and was followed by not one, not two, but seven other executives. The executives didn’t go alone but also took away all confidential documents along with them. Imagine the condition of the Opel. Opel fought a long legal battle with Volkswagen but in the end, Volkswagen agreed to pay General Motors, the parent company of Opel, $100 million and place an order for over $1 billion’s worth of car parts. Volkswagen still refused to apologize, though, showing that even multinational car companies can be as stubborn as 5-year-old children and can undertake corporate espionage dishonestly.

    IBM Vs Hitachi

    It’s a bit old case of corporate espionage, but the importance of the case in the computer world is enormous. In 1981, Hitachi mysteriously came into possession of an almost full set of IBM’s Adirondack Workbooks. As a matter of fact, the document contained IBM design documents full of IBM technical secrets and was prominently marked FOR INTERNAL IBM USE ONLY didn’t prompt Hitachi to return them. The technical staff of the IBM and FBI went through nail cracking investigation to find the culprit. After the arrest of numerous IBM officers, the culprits got caught and Hitachi settled out of court and paid $300 million to IBM.

    Avery Dennison Corp Vs Pin Yen Yang (Four Pillars)

    Pin Yen Yang, President of Four Pillars, a Taiwanese company that makes and sells pressure-sensitive products, and his daughter Hwei Chen Yang, were arrested and charged with a smorgasbord of offences related to industrial espionage against Avery Dennison Corp, a major US adhesives company. They were arrested for paying $1,50,000 to one of the Avery Dennison employees and which caused a loss of $10,000. That was indeed sticky.

    Waymo Vs Uber

    Waymo filed a complaint against self-driving truck startup Otto and its parent company Uber for patent infringement and stealing trade secrets. Anthony Levandowski was an employee at Waymo and Waymo accused Levandowski of using a flash drive to steal 14,000 files (designs, blueprints, and testing documentation) containing highly confidential information before his resignation. Otto was founded by  Levandowski. Otto and Uber are using key parts of Waymo’s self-driving technology, specifically related to its light detection and ranging radar.

    Conclusion

    The business is indeed a dirty game or we can say some selfish people made it dirty. Some people have a viewpoint that with the copyright act and other security tools, corporate espionage has been reduced but no one can be sure of it. All these corporate espionage tales are to alert all aspiring entrepreneurs so that they know the depth of the upcoming danger. It is better to practice healthy and fair business activities, as there is plenty of room for all of us in this corporate world.

    FAQs

    Is corporate espionage illegal?

    Corporate Espionage is an illegal as well as an unethical practice.

    What is Corporate Espionage?

    Corporate Espionage is gathering secret information about the different companies by dishonest means.

    What are the types of Corporate espionage?

    There are different types of corporate espionage and they are:

    • IP Theft
    • Property Trespass
    • Hiring away employees
    • Cyber Attacks and Hacking
    • Wiretapping
  • List of All the Subsidiaries of Volkswagen

    Volkswagen is a very familiar name for all automobile enthusiasts across the world. This German motor vehicle manufacturer has fared on the path of success and popularity due to its uncompromising quality and commitment. It was founded on 28 May 1937, by the German Labour Front and is headquartered in Wolfsburg, Germany.

    Going by the factual pieces of evidence it can be seen that the Volkswagen group has played a significant role in making cars a product of the middle-class by being a very elitist possession, especially during the second world war. However, it is important to note that Volkswagen is not just a single popular brand. They in fact own many other brands as well. This article will look into the various companies that are owned by the Volkswagen group

    Cariad
    Volkwagen Group Components
    Volkswagen Financial Services
    MOIA
    SEAT
    Skoda
    Scania
    Ducati
    Porsche
    Audi
    Lamborghini
    Bentley
    Bugatti
    Traton
    MAN
    IAV
    Renk
    WirelessCar

    Cariad

    It is an independent automotive software company under the Volkswagen Group that consolidates and expands the software competencies of the firm. With a goal to make the best use of technology to benefit the automotive industry, this company is on its way to developing more sustainable automotive services. It was established in 2020.

    Volkwagen Group Components

    Volkswagen Group Components Logo
    Volkswagen Group Components Logo

    This company was founded in 2019 as a part of Volkswagen group strategy 2030. They aspire to improve the potential and viability of component activities through cross-brand management. They are divided into new business areas that are known as Engine & Foundry, Gearbox & Electric Drive, Battery Cell & Battery System, Charge & Energy, Chassis and Seats. Today, they manage over 75,000 people across the globe.

    Volkswagen Financial Services

    Volkswagen Financial Services Logo
    Volkswagen Financial Services Logo

    It was founded in the year 1949 and since then has been performing well even during the Covid 19 pandemic. They focus on finding better services with regard to the digital spaces. Their primary focus area revolves around dealer and customer financing, leasing, bank and insurance activities, fleet management and mobility services. They are represented in over 48 markets across the globe.

    MOIA

    MOIA Logo
    MOIA Logo

    MOIA is a company under Volkswagen that focuses on offering mobility services to city dwellers. It was founded in December 2016 and since then has been working towards its primary goal of recruiting the nuances of mobility amongst the people in urban areas. They develop on-demand services including ride pooling. With the Volkswagen group, they are able to thrive under an experienced company while having exposure to a startup culture.

    SEAT

    Seat Logo
    Seat Logo

    Seat is the first car manufacturing company in Spain and was founded on 9 May 1950. Since then they have been demonstrated evidence that stands as a testament to the robust technology and industrial competence that the firm maintains consistently. Today the company has marked its presence in more than 75 countries employing over 15,000 people. They sell vehicles under two brands namely SEAT and CUPRA.

    Skoda

    Skoda Logo
    Skoda Logo

    Skoda is a Czech Republic company that was founded in 1895 by Vaclav Laurin and Vaclav Klement. It is one of the oldest car manufacturers in the world that is functional even today. For the last 30 years, Skoda auto has been a very important part of the Volkswagen group. Skoda has also not forgotten their commitment to creating a sustainable environment like all other brands under Volkswagen. They are driven by the exporters of a well-construed sustainability advisory board.

    Scania

    Scania Logo
    Scania Logo

    The Swedish brand was founded in 1891 by Philip Wersen and Surahammarsbruk, which is a centuries-old ironworks. Over the years, they ran into many financial difficulties before they became the general agent for Volkswagen in Sweden. By 2008, Volkswagen owned over 68% of the voting rights and 37.73% of share capital. By 2014, Scania was wholly owned by the Volkswagen Group. The company has grown so much under Volkswagen that in 2020, Scania released its fully electric truck to become one of the topmost companies in the commercial vehicle industry.

    Ducati

    Ducati Logo
    Ducati Logo

    Headquartered in Bologna, Italy, Ducati has never failed to impress motorbike lovers. It was founded by Antonio Cavalieri in the year 1926. Ducati was taken over by Volkswagen in 2012 for $1.2 billion. Through Ducati, Volkswagen has been able to maintain a stronghold in the motorcycle industry as well.

    Porsche

    Porsche Logo
    Porsche Logo

    This popular brand that is known for its premium qualities was founded by Ferdinand Porsche in 1931. It is said that the Beetle designs by Volkswagen were influenced by Porsche. Although the companies agreed to merge in August 2009, it was only towards the end of 2015 that Volkswagen had the majority shareholding in Porsche.

    Audi

    Audi Logo
    Audi Logo

    This famous automobile brand became an important part of Volkswagen in 1965. It has been offering premium vehicles since its inception in 1909. Today Audi cars have become a measure of the quality of life and place their owners in a certain class of society.

    Lamborghini

    Lamborghini Logo
    Lamborghini Logo

    Lamborghini was founded by Ferruccio Lamborghini in the year 1963. Since the founding of this Italian company, it has been a competition to Ferrari due to its uncompromising design and quality. The firm shot to fame within a few years. However, due to financial burdens, Lamborghini had to shut down in 1973. After several changes of ownership Volkswagen finally took over the firm in the year 1998. Through the deliverance of unique hybrid technologies, they have generated billions in the automobile industry today with no turning back since the acquisition.

    Bentley

    Bentley Logo
    Bentley Logo

    Bentley was founded in 1919 and Crewe of United Kingdom. Today Bentley is an end to end net carbon neutral company which adds to the unmistakable reputation of the firm. They have been a part of the Volkswagen group since 1998.


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    Bugatti

    Bugatti Logo
    Bugatti Logo

    It is a subsidiary of the Volkswagen group that was founded in the year 1998. This luxury brand of hyper sports cars is based in Molsheim, France. Today strong brands like Porsche and Rimac have agreed to formulate a joint venture with Bugatti wherein they will produce hypercar models. Right now the two hypercar models that are planned are the Bugatti Chiron and the all-electric Rimac Nevera.

    Traton

    Traton Logo
    Traton Logo

    Under the umbrella of Volkswagen, Traton has emerged as one of the largest commercial vehicle manufacturers across the globe. Recently they merged with Navistar which has further elevated the prospects of the firm. They aim to become the leading brand in the field of commercial vehicles by giving importance to sustainability and digitalisation.

    MAN

    MAN Logo
    MAN Logo

    The MAN Truck and Buses are two of the most popular additions of this brand under Volkswagen. However, to focus on the global plans for the premium end of the market, MAN trucks exited the Indian markets 2 years ago.

    IAV

    IAV Logo
    IAV Logo

    Volkswagen AG and IAV is an auto parts maker that has created standards to follow for latecomers. Volkswagen owns more than 50% of its stake in IAV. It was founded in Berlin in 1983 by Dr Hermann Appel. Over the years they have developed electric vehicle rechargers that are built into the road for which they have submitted patents.

    Renk

    Renk Logo
    Renk Logo

    It was a subsidiary of MAN since 1923. As Volkswagen acquired MAN in 2011, Renk became a direct subsidiary of Volkswagen. However, the latter happened in 2019. Renk is a remarkable automotive company that is into the manufacturing of engines for trucks, ships and combat defence vehicles.

    WirelessCar

    WirelessCar Logo
    WirelessCar Logo

    In 2018 Volkswagen group acquired a 75% of stake in WirelessCar which was owned by Volvo information technology AB. it will help the parent company to further extend its mission of improving connectivity. This Swedish telematics specialist is expected to accentuate the growth of the digital ecosystem and thereby provide extensive connectivity for vehicle generations to come. It is expected that WirelessCar technology will ensure a stable and safe exchange of data between various platforms.


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    Conclusion

    From being one of the pioneers in bringing cars into the midst of middle-class households, Volkswagen continues to be the baton bearer of various other important milestones since then. Today, Volkwagen’s electric vehicles are the most frequently delivered passenger car across the world.

    Through digitalisation, they have transformed the present and future of the company. They have brought in relevant software updates through which the company have been able to remain customer friendly.

    Inadvertently, these efforts have helped them remain focused on their goals to be the best in the industry. The zeal of Volkswagen to not only focus on the present but also invest intelligently in the future is something that has to be appreciated and looked up to.

    FAQs

    What subsidiaries does Volkswagen own?

    Bugatti, Traton, MAN, IAV, Renk, WirelessCar, Lamborgini, Porsche, Ducati, Scania, Skoda, Audi, Seat, and MOIA are some of the subsidiaries of Volkswagen.

    Is Bugatti Owned by Volkswagen?

    Yes, Volkswagen acquired Bugatti in 1998 for $50 million in an all-stock deal.

  • Top Most Innovative Yet Cost-effective Ad Campaigns Ever

    Advertising plays a huge role in making a business shine. The root of a business is no doubt the product and service. But what makes these roots grow is a great marketing strategy.

    The big brands in the market were not born big. They had their share of struggles. It is difficult for everyone to enter the markets and stay relevant. So, it is important for brands to keep up with the trends.

    There are many ways to advertise something. Everyone has their own take on it. One of the effective ways is to indulge in campaigns.

    A great and successful ad campaign is that which creates a bigger and more effective impact. But at the same time, does not cost much.

    What are Ad Campaigns?
    What are the Benefits of an Ad Campaign?
    Most Innovative Yet Low-Cost Ad Campaigns Ever

    What are Ad Campaigns?

    It is a collection of different commercials with the same message. The base of these commercials possesses a single belief and theme. It helps businesses to meet a specific goal.

    When a business wants to make an impactful difference in terms of size and success, they have to focus on customer demographics. A campaign gives the business a focused edge.

    A campaign consists of many layers. These include design elements, sales focuses, and other strategies. When all these works together for a single idea, it makes for a successful campaign.

    Thus, an ad campaign is a strategy that enables a business to target the right people. It can be used for many reasons. For example- to increase brand awareness, to drive sales of a particular product or service, and more.

    What are the Benefits of an Ad Campaign?

    Creating a campaign comes with many benefits. The following are some of its benefits:

    • The foremost benefit is that helps to build awareness. Awareness of a particular product or service or brand as a whole.
    • A creative campaign has the capability to make a business stand out from the rest.
    • When a campaign is made with a relatable and appealing theme, it helps to attract more potential customers.
    • It helps to deliver a strong message along with the promotions.
    • This helps a business to build a strong image.
    • The most important benefit is that it helps in increasing sales.‌

    Top 10 Viral Marketing Examples
    Check out these top viral marketing campaigns that created a huge sensation on social media and how it tends to reach a larger target audience.


    Most Innovative Yet Low-Cost Ad Campaigns Ever

    Campaigns have always been a great choice when it comes to marketing. It not only helps a brand to advertise but also creates a bigger impact on people.

    Here are some of the top most low cost & creative ad campaigns of all time:

    Dove’s Ad Campaign

    Dove' Ad Campaign
    Dove’ Ad Campaign

    Dove- the brand has been with us since long back. In 2004, they launched a campaign, ‘ Real Beauty ’. This campaign’s target audience was women and young girls. It aimed to deepen self-love, acceptance, and confidence in them.

    One of the most popular ads they made was in 2013. In this, a sketch artist draws two sketches of a person. One from the person’s own description and the other from someone else’s description.

    The final result showed that so many women don’t see beauty in themselves. Thus, the main idea of Dove’s marketing was to encourage women to accept and embrace their originality.

    This real beauty campaign was innovative, impactful, and cost-effective.

    Dove Real beauty ad

    Coca-Cola’s Ad Campaign

    Coca cola Ad Campaign
    Coca cola Ad Campaign

    Coca Cola is super popular among people around the world. In 2011, they introduced a campaign named, ‘Share a Coke’. This started in Australia and in no time was spread in other countries too.

    For this campaign, the Coca Cola replaced their original logo with ‘share a coke with’ and a name on it. They made this personalized product to develop a strong connection with the consumers.

    This campaign was creative and encouraged people to share their happiness with a coke. It had a low price point, so it was quite easy to convince consumers to make a buy.

    It was the simple yet innovative idea that made this campaign a huge success for the company.

    Coca cola- Share a Coke Campaign

    Apple’s Ad Campaign

    Apples's Ad Campaign
    Apples’s Ad Campaign

    Another creative and effective campaign is by Apple. They created an ad campaign in 1997, ‘ Think Different ’. The main idea was to show the differentiation and supremacy of the apple products.

    The brand made an ad that showcased old videos of certain idols. These were the idols who were considered different and insane in their time. But they brought massive changes with their work like Edison, Martin Luther, etc.

    Apple made their individuality stand out by relating the brand with the crazy yet the most idol figures. This showed that the brand is different and is bound to bring change to the world.

    This was a simple campaign with black and white photographs. But the innovativeness in the theme proved to be of great success.

    Apple Think Different Ad

    Always Ad Campaign

    Always' Ad Campaign
    Always’ Ad Campaign

    This menstrual hygiene brand made an ad campaign and addressed the most relevant yet ignored stigma. In 2014, the brand started a campaign, ‘Like A Girl.’ The main idea was to encourage young girls to feel confident.

    The campaign did not use any fancy environment or people. But they involved regular people for it. In the ad, people are asked to do things like run, fight like a girl. Everyone does it in a mocking way.

    After that, young girls are asked to do the same. They do it in the most regular and appropriate way. By the end, a clear message gets delivered that girls are as fit as the boys, and ‘ like a girl ’ is not an insult.

    The campaign imparted a sense of empowerment among the girls during puberty. It was a great success and its hashtag continues to be trending.

    Always Like a girl Ad

    Volkswagen Ad Campaign

    Volkswagen's Ad Campaign
    Volkswagen’s Ad Campaign

    Volkwagen created an effective ad campaign, in an early era that made the brand so popular. In 1960, they launched a campaign, ‘Think Small’. The idea was to grab the people’s attention towards their car.

    It was a super simple idea but it was full of innovation. They made prints of their car. In the print, there was this car in the smallest size in the entire white blank paper.

    Volkswagen presented its product, the way it was, small. This idea of representing oneself with the utmost individuality gained people’s attention and trust.

    Their idea was simple, innovative, and cost-effective. It was one of the most popular and effective ad campaigns that won many awards too.

    Volkswagen’s think small ad

    Conclusion

    An advertisement campaign holds a great place in the marketing strategy. It not only attracts customers and sales but also tries to deliver an innovative message along. These messages are impactful and related to the brand. Thus, helps them to connect with a bigger audience.

    Over time, many ads have come that occupied a big place in the people’s hearts. Apart from the above-mentioned campaigns, there are more that gained great popularity. For example- Nike- Just do it, Pepsi- Is Pepsi Ok? and many more.

    FAQs

    Which media is most economical?

    Social media is the most cost-effective and efficient channel.

    What are the types of advertising campaign?

    Different types of marketing campaigns are:

    • Brand awareness campaign
    • Social media marketing campaign
    • User-Generated Content (UGC) marketing campaign
    • Email marketing campaign
    • Public relations campaign

    What are some examples of innovative ad campaigns?

    Some innovative ad campaigns are:

    • Dove’s Ad Campaign – You are more beautiful than you Think
    • Coca-Cola’s Ad Campaign – Share a coke
    • Apple’s Ad Campaign – Think Different
    • Always Ad Campaign – Like A Girl
    • Volkswagen Ad Campaign – Think Small
  • Top Companies with Largest Number of Employees | Worlds Biggest Employers

    With the developing technology and resources, numerous companies have been established with the belief of achieving great heights. And these companies are the biggest source of proving employment to the general public. You wouldn’t believe that companies like Walmart and Amazon have employees over the count of millions. Like, how great is that! However, private sector companies are often considered pretty complicated and tough. They lack job security and some do pay little. But, these don’t define every private organisation across the world.

    In fact, there are private companies that have millions of employees with tons of benefits. And these companies are the biggest job creators across the world. Speaking of which, we have presented the World’s Top Companies With the Largest Number Of Employees. So, let’s get started!

    Walmart
    China’s National Petroleum Corporation
    Amazon
    China Construction Bank
    McDonald’s
    Volkswagen
    Kroger
    FAQ

    Walmart

    Total Number of Employees: 2.3 million

    Walmart Logo
    Walmart Logo

    With a total number of employees of 2.3 million,  Walmart is the second company with the largest number of employees. Walmart is in fact counted highest among the Forbes 500 global ranking. Being the largest company with an annual turnover of $559 billion,  Walmart owns numerous subsidiaries as well in the United Kingdom and South Africa’s supermarkets.

    Amazon

    Total Number of Employees: 1.4 million

    Amazon Logo
    Amazon Logo

    The biggest online retailer, Amazon has around 1.4 million employees. Amazon is currently ranked 5th among the largest employers in the world. In the last two years, the company has gained a massive amount of employees from all across the world. This simply indicates that Amazon hires 1,400 people every day.

    Volkswagen

    Total Number of Employees: 662,653

    Volkswagen Logo
    Volkswagen Logo

    Volkswagen, the largest automobile manufacturer in the world, has an employee count of 662,653. Being a German car manufacturing company, Volkswagen holds a market capitalisation of $123.24 billion, being the 112th most valuable company, in terms of market capitalization. In fact, Volkswagen is considered the most active and superior automobile manufacturer and employer.

    China’s National Petroleum Corporation

    Total Number of Employees: 460,724

    CNPC Logo
    CNPC Logo

    Being mainly a monopoly in the oil and gas production of China, China’s National Petroleum Corporation has an employee count of 460,724. It runs with rigs and refiners in over 30 countries such as Venezuela, Azerbaijan, and many others.

    Kroger

    Total Number of Employees: 465,000

    Kroger Logo
    Kroger Logo

    With a total number of employees over 465,000 Kroger is counted among the biggest retailers chain in America and third in the country, right after Walmart and Costco. Kroger has around 2,778 supermarkets and departmental stores.

    China Construction Bank

    Total Number of Employees: 345,971

    China Construction Bank Logo
    China Construction Bank Logo

    Based on the market capitalization, China Construction Bank is the second-biggest bank in China and fifth in the world. With an employee count of 345,971, China Construction Bank has expanded its branches in more than 13,600 places in china.

    McDonald’s

    Total Number of Employees: 200,000

    McDonald's Logo
    McDonald’s Logo

    McDonald’s is incredibly famous for its delicious fast food and has several employees of 200,000 all across the globe. This simply brings McDonald’s among the largest employers in the world. And when it’s McDonald’s, who doesn’t know hamburgers!! The company has its classic presence in more than 100 countries and serves around 69 million food items every day.


    List of Unicorns Startups in India | Top Unicorns in India
    India has over 60 unicorn startups including Paytm, Byju’s, Zerodha & more. Here’s an exhaustive list of Indian Unicorns Startups as of 2021.


    Conclusion

    In conclusion, we can say that private sector companies are the largest source of employment all across the world. Although a large proportion of people are employed in private organisations. But companies like the United States Department of Defense and China People’s Liberation Army and many others provide employment with tons of benefits as well. So, here were the top companies with the largest number of employees across the world. Stay tuned for more updates!

    FAQ

    Who is the largest employer in the world?

    Walmart is the largest employer in the world with approx 2 million employees.

    Who is the largest employer in India?

    Indian Railways is the largest employer in India with 1.4 million employees.

    Who is the best employer in India?

    Reliance Industries is considered the best employer in India.

  • Mini Case Study of Porsche: The Real Luxury Cars

    Porsche’s brand name indicates high-quality and expensive cars. Porsche entered the market and positioned itself as an innovative automobile manufacturer. It is specialized in the manufacturing of sports cars, sedans and SUVs. A typical Porsche customer will be wealthy and adventurous.

    The Story of Porsche

    Company Highlights

    Company Porsche
    Headquarters Stuttgart, Germany
    Industry Automotive
    Founders Ferdinand Porsche
    Founded 1931
    Website www.porsche.com

    Porsche still keeps its brand value in the automobile industry. It indicates the management strategies that they adopted over the years. Porsche offers quality customer services. The loyalty of Porsche among customers allowed them to make important decisions in business operations. It made Porsche a unique automotive brand in the world.

    Porsche – Latest News
    Porsche – Current Situation in the Market
    Porsche – History
    Porsche – SWOT Analysis
    Porsche – Products
    Porsche – Car Price
    Porsche – Conclusion
    Porsche – FAQs

    Porsche – Latest News

    24 September 2021 – Porsche is planning to stop selling the combustion-engine Macan model by 2024. However, it is planning to develop 718 Cayman, Boxster electric vehicles by 2025.

    23 September 2021 – Porsche gave a sneak preview of the next generation of electric motors with the mission R concept. The car giant will turn its 718 lineups fully electric by 2025 and its design has been previewed by the mission R concept car.

    Porsche – Current Situation in the Market

    Porsche India’s sales grow 52 per cent in first-quarter 2021, luxury automaker records best quarterly figures in 7 years. US retail deliveries in the first three months of 2021 totalled 17,368 up 44.8 per cent from the same period a year earlier. In the first quarter of 2020, Porsche delivered 53,125 cars. Deliveries fell 5% compared to 2019 due to the Covid-19 crisis. The Cayenne is the most outsold model in the first quarter of 2020 and the Porsche 911 in the year 2021. It has 18,417 deliveries. Macan took the 2nd position with 15,547 deliveries.

    The Porsche 911 model series has 8,482 deliveries. It also has 16% increases when compared to the same period in the last year. Taycan is the first all-electric sports car of Porsche. It reached the market in late 2019. Taycan has 1,391 deliveries in the first quarter of 2020. In the first quarter of 2020, 14,098 Porsche cars were delivered to Chinese customers.

    China became the top market of Porsche with the most number of deliveries. The United States bagged the second position with 11,994 deliveries. In Germany, Porsche delivered 5,214 cars to customers. In the European market, a total of 16,787 vehicles was delivered. A total of 22,031 vehicles were delivered in the Asia-Pacific, Africa, and the Middle East regions.

    Porsche – History

    Ferdinand Porsche founded the company in 1931 with main offices in the centre of Stuttgart, Germany. Initially, the company offered motor vehicle development work and consulting, but didn’t build any car under its own name. One of the first assignments the new company received was from the German government to design a car for the people; that is, a Volkswagen. This resulted in the Volkswagen Beetle, one of the most successful car designs of all time. The Porsche 64 was developed in 1939 using many components from the Beetle.

    On 15 December 1945, Ferdinand was arrested for war crimes. During his 20-month imprisonment, Ferdinand Porsche’s son, Ferry Porsche, decided to build his own car, because he could not find an existing one that he wanted to buy. He also had to steer the company through some of its most difficult days until his father’s release in August 1947. The first model of what was to become the 356 were built in a small sawmill in Gmünd, Austria. The prototype car was shown to German auto dealers, and when pre-orders reached a set threshold, production (with the aluminium body) was begun by Porsche Konstruktionen GesmbH, founded by Ferry and Louise.

    Ferdinand Porsche developed his sports car prototype in March 1948. At the end of the year, he started a small-scale production with the help of Swiss financiers. Ferdinand died in 1951. After that Ferry officially took in-charge of the company. Porsche went through a financial crisis in 2008. Because of this, it was sold to Volkswagen.

    Porsche – SWOT Analysis

    Strengths of Porsche

    The strength of a company is what makes it stand alone in the crowd. Some of the strengths of Porsche are:

    • Reputation and Brand Image: Porsche developed a strong brand name which is one of their main strengths. The company has worked hard since its inception to ensure that all of its products have the highest quality. It is known for its heritage sports and luxury cars along with the automotive representation. The cars are preferred by high-end customers not only because of the price range but the machine power as well.
    • Brand Extension: Porsche offers 6 car models in India, including 2 cars in the SUV category, 1 car in the Sedan category, 3 cars in the Coupe category. The number of variations they offer makes them the brand with the highest brand extension opportunities.
    • Sports Base: Porsche is famous for its sports cars, like the 911. The 911 is a world-known machine that is on sale for the longest time because of the machine it consists of. Their base in the motor racing world is the strongest out of all the other brands because of the quality of the products they use.
    • Loyalty: Porsche’s biggest strength is its strong and loyal fan base. Apart from being a brand for high-end customers or luxury-based cars, Porsche is in talks with the simplest of minds too. The loyalty base is very high which keeps the brands’ position on top always.
    • Interior: The interior of the vehicle is comfortable. Also, Porsche has a traditional style. It provides high technical and visual standards. Although people called the company the luxury market, it was flexible to respond to changes in the market. The company has developed some of the most successful SUVs on the market.
    • Research & Development: The company is strong in research and development. Initially, it invested heavily in the research. As a result, the company was able to become a market leader in many areas. The history of the company shows a commitment to quality and continuous improvement.

    Weaknesses of Porsche

    • Expensive for Middle Class: The company has mainly focused on the production of luxury vehicles. This gave a higher price to all products. It was expensive for ordinary consumers. Many consumers cannot afford the car because they sell it at high prices. Ordinary consumers view the product as a luxury item. So before they make the decision to buy a Porsche car, they will give precedence to other vehicles.
    • Vehicle Size: Most of Porsche’s cars are small. So they aren’t suitable for all operations. And also most of the assembling processes are done in Finland instead of Germany. The company uses a Japanese transmission system in its vehicles which are considered a weakness of Porsche.

    Opportunities of Porsche

    • Entering a new market: The development of electric and hybrid cars will make good opportunities for the company. The company already manufactured an electric car named “Porsche Taycan” in 2019. The development of automatic and intelligent cars is another option. Entering a new market will create more opportunities.
    • Technology Driven: Technology has enabled manufacturers to make smart products. It allows car manufacturers to add more options to their cars. These features can help to prevent accidents or reduce the impact of accidents. It is a great opportunity to reach new markets. Porsche has the potential to expand its presence in emerging markets.

    Threats of Porsche

    Threats are something that can harm the company’s reputation or market value. Some of the threats for Porsche are:

    • Government Policies: Government policies in some countries might result in a restriction for the selling or running of Porsche Cars. So, fixing their issues while they manage the policies is the better option for the company.
    • Recession: Increase in the recession has led to a decrease in the number of people being able to afford such high-range cars produced by Porsche. Launching cars that can be purchased by the greater mass is another solution to the threat of losing customers.
    • Competition: With the increasing competition in the market and their biggest competitors being “Tesla”, they need to come up with better products for their existing customer base.

    Porsche – Products

    Porsche has focused on producing sports cars since its inception. It started with the manufacturing of the Porsche 356 based on the Volkswagen Beetle design. Porsche built a car named “Porsche 911” in 1964. It was outsold well and loved by everyone. After the success of 911, Porsche introduced 912, 924 and 928, etc. They continued the manufacturing of new sports cars in the market.

    Porsche 911 (1964) model
    Porsche 911 (1964) model

    The company presented a new model named “Boxster” in 1996. This was the first vehicle of Porsche that was designed as a roadster. After that, Porsche decided to manufacture other types of vehicles. It started with the manufacturing of an SUV. They manufactured an SUV named “Cayenne” in 2002. It was a luxury crossover SUV. It outsold more than the early models.

    They produced a model named “Carrera GT” in 2003. It has 8th position on the top sports cars of all time. They introduced Porsche Cayman in 2005. It was derived from 2nd and 3rd generation Boxter. They presented the Panamera sedan in 2009. It was their first four-door sedan.

    The Cayenne and Panamera models helped to expand the target market of the company. Both models attracted many female consumers who want the Porsche experience. In 2013, they introduced a model named “Porsche 918 Spyder”. It was a mid-engine plug-in hybrid supercar. In 2014, they manufactured a five-door luxury crossover SUV named “Porsche Macan”.

    In 2019, they released an electric vehicle named “Porsche Taycan”. The company has invested mainly in development and research to ensure all qualities. The models of Porsche were reliable and innovative. Also, it is one of the most luxurious brands in the world.

    Porsche – Car Price

    Porsche is a luxury car manufacturer serving specific customers. Porsche conducted a market study in 1946 to determine if consumers were willing to buy an expensive sports car. Since then, high expensive cars have been the focus of the company.

    Porsche continues to build high-quality and expensive cars for the people who are ready to pay for the brand name. Macan is the cheapest model of Porsche starts at Rs 69.98 Lakh and 911 is the most expensive model that starts at Rs 1.69 Crore.

    Porsche 911 is the most expensive model of Porsche.
    Porsche 911 is the most expensive model of Porsche.

    Porsche – Conclusion

    Porsche is a luxury car maker with high performance and the company focuses on continuous improvement of quality through technological advancement to maintain and improve the brand’s prestige. Having said that, the company maintains a focus on niche market segments and producing current models.

    Porsche – FAQs

    When it comes to luxury vehicles or sports cars, Porsche beats all other brands. It is popular because of its luxury, good driving experience, usability, and customer loyalty. It is built to be as good as they possibly can make it.

    Is Porsche the best car company?

    Porsche are incredible and reliable german cars. It shows the status and peak performance. It makes great cars that are well built, look good and drive well.

    Is Porsche better than Ferrari?

    Both are incredible machines but Ferrari is faster in speed, more luxurious and more expensive. Having said that, Porsche is more reliable, practical and has lower maintenance costs.

    Why is Porsche so expensive?

    The technical answer can be because of awesome performance, high quality, incredible driving experience, etc. but apart from that customer’s willingness to pay lets the company produces expensive cars.