Do these companies compete intensely in automotive industry

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Assignment:

Analyze Rivalry Among Existing Competitors

Objective: Perform a Porter's Five Forces analysis on the automotive industry. Lnorderto make your reconunendation about a new industry for diversifying your company, you will need to compare it to the automotive industry, for which your company currently manufactures engines. And to make this comparison, you will first need to conduct a Porter's Five Forces analysis of the automotive manufacturing industry. Intense competition for market share can limit a company's pro?ts when diversifying into a new industry. Consider these questions as you describe the rivalry in your company's existing industry.

- How many competitors currently supply engines for the automotive manufacturing industry?

- What is each competitor's position? How much of the market share has each one captured?

- Do these companies compete intensely in the automotive industry? If so, do they engage in rivalry and lower prices to gain market share?

- Do companies compete to provide additional services or constant innovation?

Reference no: EM133463842

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