Artemis Cars (Volvo), Coimbatore: Spring Internship Report at
Artemis Cars (Volvo), Coimbatore: Spring Internship Report at
at
ARTEMIS CARS (VOLVO), COIMBATORE
I Prithvi Jonathan Thomas hereby state that this final internship report submitted
to PSG Institute of Management , University of Toledo in partial fulfilment of
the requirements of Internship Program in MBA (Master of Business
Administration) Program Class of 2016-2018
This is the final evaluation report of Internship which commenced on 5th February
2018 to 26th March 2018. The Internship was undertaken at Volvo (Artemis Cars)
at Coimbatore
I also would like to thank all my friends, family, my colleagues and all those
people whom I met in this time period for their feedback and help which they
provided me. Last but not the least I would like to thanks all the Sales Team of
Artemis Cars Volvo for their able & timely guidance during this internship.
I have learned a lot during these seven weeks and I hope you will find my
working as interesting and knowledge earning as I have and that this report is
showing to all.
1.2 Vision
Vision 2020 is about reducing the number of people that die or are
seriously injured in road traffic accidents to zero. Protecting and caring for
people is at the heart of Volvo cars philosophy and this is Volvo’s
commitment to saving lives.
1.2 Mission
Today, Volvo is still as focused as ever on their three core values: safety,
quality and care for the environment.
Protecting what’s important. Making people feel special. And taking pride in
helping the world become a better place for all
• 2010 – Pedestrian Detection with Auto Brake, a system that warns the
driver and automatically brakes the car when a collision with a
pedestrian in front of the car is imminent (S60)
• 2012 – pedestrian airbag, covering the A-pillars and the lower part of the
windscreen in case of collision with a pedestrian (Volvo V40)
• 2012 – knee airbag, for the driver (V40)
• 2012 – Upgraded City Safety, now working up to 50 km/h (31 mph)
(S80, V70, XC70, XC60, S60, V60, new V40)
• 2012 – Lane Keeping Aid, a system that steers the car back into the
lane again if it is about to unintentionally drift out of the lane (V40)
• 2012 – Road Sign Information, a system that reads road signs and
displays them in the information display, thereby helping the driver to
remember speed limits, no-overtaking stretches, low-speed areas, etc.
(S80, V70, XC70, XC60, S60, V60, V40)
• 2012 – Enhanced Blind Spot Information System, now able to detect
approaching vehicles up to 70 meters behind the car (V40)
• 2012 – Cross Traffic Alert, alerting the driver of crossing traffic
approaching from the sides (up to 30 meters away) when reversing out
of a parking space (V40)
• 2013 – Cyclist Detection with Auto Brake, a system that warns the driver
and automatically brakes the car when a collision with a cyclist travelling
in the same direction as the car in front of the car is imminent (S80, V70,
XC70, XC60, XC90, S60, V60, V40)
About
Artemis Auto India, the exclusive dealer for Volvo premium passenger cars,
are set to serve your every requirement - Sales and Service.
Artemis cars now proudly presents to the state of Tamil Nadu the
state of the art flagship store for Volvo cars in the heart of Coimbatore.
2. Challenging Spirit
3. Team-work
Once you have the right car for your taste and lifestyle, Artemis Cars
is here to make routine auto maintenance, and any needed Volvo car
repairs, as simple as possible. The Volvo technicians are highly skilled and
trained in every aspect of luxury car maintenance, diagnosis and repair. Of
course, They only use genuine Volvo parts on your vehicle to best ensure
that it runs at peak performance for many years to come.
The Following are the range of Vehicles offered by Volvo through Artemis:
.
The T8 plug-in hybrid version of the XC90 is a vehicle that can be used
both as an electric SUV and as well as a normal SUV that runs on fuel
based on technology used in the Volvo V60 PHEV.The batteries are
situated at the centre of the vehicle can be charged using an electric
vehicle charger and can also store energy recovered by means of
regenerative brakes. Volvo says that the XC90 T8 sacrifices no passenger
or cargo space to accommodate the hybrid equipment. However, the tank
capacity is reduced to 50 L (13.2 US gal; 11.0 imp gal) and there is no
spare tire.
The vehicle emits 49 g/km of CO2 and has an all-electric range of 43 km
(27 mi) under the New European Driving Cycle. Normal driving is
conducted in the default hybrid mode, but the driver can push a button to
switch to a mode that uses only electric power, with zero emission driving.
16UTC-25 Prithvi Jonathan Thomas 15
Under the U.S. Environmental Protection Agency (EPA) tests, the XC90 T8
has an all-electric range of 14 mi (23 km), with some gasoline consumption
(0.1 gal/100 mi), so the actual all-electric range is rated between 0 to 13 mi
(0 to 21 km).
The EPA, under its five-cycle tests, rated the 2016 model year XC90 T8
energy consumption in all-electric mode at 58 kWh per 100 miles, which
translates into a combined city/highway fuel economy of 53 miles per gallon
gasoline equivalent (MPG-e) (4.4 L/100 km; 64 mpg- gasoline equivalent).
When powered only by the gasoline engine, EPA's official combined city/
highway fuel economy is 25 mpg‑US (9.4 L/100 km; 30 mpg‑imp).
Deliveries of the XC90 T8 PHEV began in the United States in August
2015. Sales in Europe totaled 2,653 units in 2015. Cumulative sales in the
U.S. totaled 488 units up until February 2016. According to Volvo, sales of
the plug-in variant represented 20% of Volvo XC90 global sales by mid-
March 2016.
Previewed before the 2016 Paris motor show, the V90 Cross Country is a
raised height, AWD version of the V90,S90 designed for use on rough
terrain, unsealed roads and for light off-road usage.
•
The V40 and the V40 Cross Country has different models and is Priced
accordingly
The training will include even details like usage of specific jargons
[name of the patented feature in the product] & also effective
communication which should be informative to the customer as well as
please them.
The CONCEPT OF “SHOW, DON’T TELL” was first revealed to the world
with the trio of concept cars that set out to embody Swedish design, love of
the outdoor life and creativity. These were a calling card: that a new era of
design had begun at Volvo.
“The first coupe concept did the biggest thing in pushing the brand. wanted
people to say, ‘Oh, wow. Can Volvo really be that?’ The second car, the XC
Concept, was like coming home. Suddenly, there was no question: this is a
Volvo. Volvo took the classic elegance of the Coupe – the chrome, leather
– and changed it so that the same shape becomes an ultra-modern sport
wagon, just through the use of colour and material.
“The last model – that was the one where Swedishness gained a really
modern touch – is a two-door estate. If anyone can do that convincingly,
then Volvo can. It is new for Volvo,” says Ingenlath, “but it was not a
question of inventing a style just because we need a new design language
– it was from the content, which is being transported through the design.”
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5.1 Innovations at Volvo
5.3 Drive-E
Responsive power
Volvo’s Drive-E range includes some of the world’s most powerful four-
cylinder engines. This new family of powertrains uses supercharging and
turbocharging, as well as advanced transmissions, to provide responsive
power with far lower fuel consumption and emissions. Electrification allows
us to achieve even more. In Power mode the XC90 T8 Twin Engine plug-in
hybrid accelerates from 0-62mph in just 5.9 seconds, making it a true high-
performance car.
Clean efficiency
By improving fuel economy and minimising CO2 emissions, Drive-E
technology reduces ownership costs and your impact on the environment.
Drive-E powertrains set new standards for efficiency, making them more
enjoyable to drive and better for the world around us. They are central to
Volvo’s vision of sustainability, and to creating cars that are Designed
Around You.
Here are some activities which were performed over the Internship
Period on a daily routine basis
• Triage- Its like a screening of interns or training session given before
so that they can be answerable to the customers questions. In this
training we were given every needful information about the Cars , its
Features and Pricing
• Daily Report- At the end of the day I used to give a brief summary to
my General Manager/ H.R Manager about what I had learnt for the
entire day in the branch.
2) Communication
The importance of communication is a very important aspect of
dealing with customer. Language used in the right way can please
almost anybody. And a HNI customer always expects excellent
communication skills.
3) Corporate culture
Corporate culture was very different from society in general. One of
the main learning of corporate culture is that there was always an
arm’s length distance between you and your colleague. Even though
your colleague is very good friend of yours.
Buyer power – Considering the fact that Volvo is operating in over 120
countries and dealing with a huge number of buyers, we can conclude that
the buyer power is pretty high. Even though Volvo is offering innovative,
safety enhancements and more environmental friendly products, the
substitutes offered by competitors are large. As a result, the buyers have a
lot of options to choose from and definitely have a power over Volvo.
PESTLE Analysis
Political
• Low - emission cars benefit from tax incentives, such as free road tax,
lower insurance prices, free parking and so on.
Socio - cultural
• Smaller families and childless couples are becoming more and more
common.
• "Many cars on the road today are used by singe occupants, commuting to
work"
Technological
• Self- driving vehicles are on the way as such technologies are being
developed by major corporations
According to the data the average Volvo owner is middle aged with 2 and a
half kids and a dog. In order for Volvo to increase its market share, they
should be aware of the changes in customer desires. Volvo has produced
through the years big estate cars with big engines and safe cars. They tend
to go more for the functionality rather than the style. The customer's needs
have changed, and Volvo has to adopt if they want to be successful. Volvo
has been successful in because the customers like big cars, which they
relate with success. “Big car, big success”. In the last decade customers
have started to use smaller cars due to different factors:
Fuel costs: With the increase in fuel cost, it has become more expensive
to drive a big car, and as a result customer tend to buy smaller cars, which
have more fuel efficient engines.
Economic Crises: Also the economic crises in the last 5 years has
decreases the buying power of customers. Big cars are usually more
expensive than smaller cars, and since the resources are limited for the
customers, they want to spend less for a car, and smaller cars are cheaper.
Corporate Objectives
The Volvo Car Corporation is one of the car industry’s strong brands. The
company is committed to :
ANSOFF MATRIX
Diversification
• Environmental concern
• Social changes
Business Objectives
New markets: In the last decade there have been a lot of changes in some
countries. The BRICS countries have had a high economic development
and as a result the disposable income has increased. This is a good
opportunity for VOLVO to increase its number of customers, which would
result in a higher market share.
DIFFERENTIATION:
Product Uniqueness
Providing high quality service Highly engaged in innovation
Safety innovation and research
Ecological / environmental system and product dev
Target a broad market
Different Markets:
Volvo has an effective and high skilled team, therefore they have the
potential to do it for the European Market, however for BRIC countries they
can always contract private marketing companies, which are expert on the
local environment.
Different products:
Volvo does not offer the same products in China as they do in Europe, for
the only reason because the consumer’s need and desire are not the
same. As a result our marketing mix campaigns will have to adapt to the
people we are dealing with. Even though Volvo’s segmenting strategy is to
catch a relatively broad audience, concerned with the environment etc,
WEAKNESS
1. Limited penetration in middle income segment due to high price
especially in the emerging economies
2. Unable to create a huge market share in high priced cars due to
presence of global automobile giants
3. Lack of Marketing Strategies and Techniques Awareness Among
Middle class Segment People
4. Lack of Performance and Driving Pleasure compared to Competitors
5. Lack of Showrooms
6. Lack of Affordable Small Segment Car to cater to the Lower Middle
Class People
OPPORTUNITIES
1. Expanding the Automobile Market and Customers
2. Acquiring more market share in integrating with current entities
involved in automobile business
3. The increasing per capita income and purchasing power
THREATS
1. Dominance of other big international automobile companies
2. Improved and innovative features included by competitors
3. Increasing Government Rules and Regulations
4. Increasing usage of government, public transport
5. Rising fuel costs
6. Financial Strain of Customers
7. Better Execution of Marketing Strategies by Competitors
The Showroom
Views from the road
The XC 60
The S90
Delivery of an S60
On the whole, this internship was a useful experience. I have gained new
knowledge, skills and met many new people. I achieved several of my
learning goals.
I got an insight into the professional practice. I learned the different facets
of working within an Automobile Company .
I experienced that financing, as in many organisations, is an important
factor for the progress of projects. Related to my study I learned more
about the Automobile Industry the threats they face. There is still a lot to
discover and to improve. The methods used at the moment are
standardized and a consistent method is in development.
The internship was also good to find out what my strengths and
weaknesses are. This helped me to define what skills and knowledge I
have to improve in the coming time
At last this internship has given me new insights and motivation to pursue a
career in the Automobile Industry
• http://www.volvo.com/home.html
• https://www.volvocars.com/in
• https://en.wikipedia.org/wiki/Volvo
• http://www.volvogroup.com/en-en/careers/different-types-of-jobs/
technology.html
• http://www.volvogroup.com/en-en/innovation.html