Analysis of Cost Reduction Techniques in Automobile
Analysis of Cost Reduction Techniques in Automobile Abstract The European and US car markets were in a slump as a result of the global financial crisis. At the same time, the Chinese car market maintained a strong growth pace, attracting the interest and investment of more foreign automobile companies. However, as the number of foreign automakers entering the Chinese market has grown, so has the competitive pressure. There has been a lot of study on ways to improve the competitiveness of China's automotive sector. This dissertation will concentrate on the cost-cutting efforts of car manufacturers in the Chinese automobile market. In the literature study, we created a preliminary cost reduction model for automotive businesses based on previous research, which covers entrance tactics, manufacturing sectors, and logistics. The proposed model provides a cohesive framework and some theoretical concepts for cost-cutting for academics and practitioners. For More Details About Analy...