Environmental Challenges Facing the Auto Industry

Since people around the world use cars and trucks to transport themselves and goods from one location to another, analyzing the automotive industry can reach hundreds of millions of consumers around the world. Because almost all countries have cars, car demand and supply is increasing every year since people want a faster and more convenient way of traveling. At the same time, automotive exhaust gas has increased pollution in the environment and has influenced people around the world.

Today's automakers face many challenges. There is a dilemma because the automobile industry involves profit and moral responsibility. Due to the widespread use of automobiles, automobile production has not profited as it used to be. The automobile industry is profitable through mass production of automobile styles demanded by consumers. Most importantly, the government continues to introduce stringent environmental regulations that automobile manufacturers must comply. A perfect storm between car manufacturers and environmental responsibility to deal with future sustainable and profitable industry challenges (Nieuwenhuis, P., Wells, P., found on 8 April 2011)

Looking back on the environmental analysis, it is clear that the hero Honda is confronted with several tasks. First of all, sales in the automotive industry declined as people became concerned about purchasing expensive bicycles due to a bottomless economic disaster. In response to this threat, the company launched the Hero Honda Passport Program policy, which ultimately resulted in increased sales and profitability, while sales of competitors, TVS, Bajaj and others were declining. Next, there is a serious society for fuel cost rise, environmental regulation organization, and efficient bicycle, and it is the motorcycle model corresponding to the main character Honda by increasing its investment in its manufacturing cycle and service center Improve it.

The age of the automobile industry has been getting much better. Many car companies are now facing decreasing revenues and negative profits. In addition, because it depends heavily on petroleum consumption products, in the automobile industry there is a big environmental black circle especially in the industry mainly producing environmentally friendly trucks and SUVs. However, in the last few years, Land Rover's revenues and profits have grown exponentially and more cars are sold worldwide than ever. How is this possible for companies selling only SUVs? One of the biggest reasons is that Land Rover's strategic focus is on social responsibility and environmental protection. Land Rover believes that it can meet consumer demand for luxury ATVs while it is providing more environmentally friendly cars. As a company, we are also working on reducing carbon emissions, reducing waste, consuming water and reducing pollution.