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How is the development of hybrid car for the next 5 years in the United Kingdom - Essay Example

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How is the development of hybrid car for the next 5 years in the United Kingdom

This research will begin with the statement that the turnover of the automobile industry in UK has improved after the recession, as it was around £41 billion in the year 2009, which has escalated to £49 billion in the year 2010. However, it was £50 billion before recession. The value of vehicle export also increased in 2010 to £29 billion, which is even more than the pre-recession figures. All this statistics indicates that the automobile industry in UK contribute majorly towards the national income of the country. UK automobile segment contribute 11 percent of trade profit for the country. The popularity of automobile from UK can be understood from the fact that almost four vehicle out of five are exported out of the country. It has been many years the vehicles manufacturers are trying to reduce the environmental impact on the manufacturing process and products. This has been done in order to maintain balance between environmental care, economic progress and social responsibility. It was the automobile industry in UK who first issued their sustainability report, and expressed their environmental achievements in that report. In the past 10 years, this industry has been making strong strides to reduce the impact of products throughout the lifecycle of the product. Improvement in the production process has been seen in the automobile industry since 2000. For example the usage of water has been cut by around 34 percent, and the CO2 emission has reduced by 17 percent. ...
The popularity of automobile from UK can be understood from the fact that almost four vehicle out of five are exported out of the country. It has been many years the vehicles manufacturers are trying to reduce the environmental impact on the manufacturing process and products (Elliott, and Percy, 2007). This has been done in order to maintain balance between environmental care, economic progress and social responsibility. It was the automobile industry in UK who first issued their sustainability report, and expressed their environmental achievements in that report. In the past 10 years, this industry has been making strong strides to reduce the impact of products throughout the lifecycle of the product (Franzen, and Moriarty, 2008). Improvement in the production process has been seen in the automobile industry since 2000. For example the usage of water has been cut by around 34 percent, and the CO2 emission has reduced by 17 percent. It has been also noticed that around 73 percent of less dissipate enter for landfills (Gelder, 2005). Automotive industry of the country is engaged in revolutionising the transportation system in the country. The automotive sector of UK is considered to be one of the largest investors in research and development, which assist in delivering sustainable motoring in 21st century. One of the outcomes of such initiatives is the hybrid cars (Holt, 2002). The market for hybrid cars are booming and the demand is good, if not high like the conventional cars. However, statistics shows that the sales of hybrid cars escalated from 9000 units to 39,880 units in the year 2006. Companies like Toyota sold 91 percent of hybrid cars in UK and Honda sold about 3,410 (King, 2006). The sales of hybrid cars ...Show more

Summary

This study identifies the development of hybrid cars in the UK in the next 5 years. In order to conduct the research, primary data is collected through a questionnaire survey. The questionnaire was distributed among customers belonging to different age group having different income level.

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