Challenge

Benchmarking

  1. BENCH MARKING

A specific, distinctive vehicle attribute branding is essential to make cars unique and competitive. As a first step on the way, vehicle manufacturers have to benchmark their vehicles in the competitive environment in order to understand and to strengthen or improve the potential of their vehicles.

Benchmarking involves a structured comparison between similar products, services or processes on some dimensions of performance. These look at products and services and provide recommendations based on which is best or some form of ranking amongst competitors

Benchmarking is the process of measuring key business metrics and practices and comparing them—within business areas or against a competitor, industry peers, or other companies around the world—to understand how and where the organization needs to change in order to improve performance.
purpose of bechmarking:
Benchmarking is a tool for assessing and comparing performance in order to achieve continuous improvement. It is part of a total quality management process,
  1. ANALYSIS

first we have to find which fuel variant will be suitable for him

RUNNING COST

Petrol /Diesel

Monthly visit to Madurai= 500*2= 1000km

To office consider its in 10 km radius=10*2*24=480 km

Total=1500 rounding up (monthly)

Total= 18000 kms yrly

taking into consideration the average fuel economy of the cars we selected for comparison;

diesel=25 km/ltr ; petrol =18.96 km/ltr

total fuel cost for diesel car for one year = (1800/25)102.23* = 73,605 rs

*diesel price in bangalore on 24/10/21

total fuel cost for petrol car for one year = (1800/18.96)111.34* =1,0,5702.531 rs

*petrol price in bangalore on 24/10/21

difference = 32,096.93 rs

petrolvariant requires more money for gas

OWNERSHIP COST

taking into consideration the on road price of the petrol & diesel models of the cars we selected for comparison

we found out that the diesel variant costs more than its petrol counterpart and the difference is from 1.5 to 1.9 lakhs

More over higher price means higher emi and higher premium charges for insurance.

diesel variant is more costlier

MAINTENANCE COST

The maintenance cost of diesel cars is higher than petrol cars. This is because consumables like engine oil and spares used in diesel vehicles are more expensive.

it can come upto 1.5 times.

petrol variant is cheaper to maintain

VERDICT

PETROL variant will be suitable for mr pugazhenthi due to his low usage rate.

BENCHMARKING

We considered 6 models under his budget considering the number of family members and the nature of his trip.

Model

Honda amaze mt

1.2vx

Baleno

Dual jet zeta

Nexon

XE (base model)

KIA SONET 1.2 HTK

Hyundai venue S

Tata altroz

XZ

On road price(Lakh):

9.85

10.10

8.92

9.48

9.67

10

Type:

Sedan

Hatchback

SUV

SUV

SUV

Hatchback

Engine capacity

1199

1197

1199

1197

1197

1199

Max Power/

torque

99

1110

88.5

113

118.36

170

81.86

115

81.86

113.76

84.88

113

height

1498

1510

1606

1625

1605

1523

width

1695

1745

1811

1790

1790

1755

length

3995

3995

3995

3995

3995

3990

connectivity

Android auto/ Apple car play

Android auto/ Apple car play

nil

Android auto/ Apple car play

Hyundai I blue

Android auto/ Apple car play

Braking system

ABS

ABS with EBD

ABS

ABS with EBD

ABS

ABS with EBD

Rear ac duct

yes

no

no

yes

yes

yes

airbags

2

2

2

2

2

2

Tank capacity

35

37

44

45

45

37

Boot space

420

339

350

392

350

345

Exp mileage

18.46

21

17.2

18.4

17.52

19.05

prices as of 24/10/21 in bangalore city*

CONCLUSION

According to pugazhenthi's needs an SUV car will suit him. In the given budget KIA sonnet 1.2 HTK ,petrol variant will be a best buy for him. It offers better connectivity, safety features, more boot space and mileage.

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