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Announcement
Announcement
Understanding the cost of ownership of different brands of cars

Student name: Mr Abhishek Thakur
Guide: Dr Kaushik Ranjan Bandyopadhyay
Year of completion: 2013
Host Organisation: Ipsos India
Supervisor (Host Organisation): Mr Abhishek Jha
Abstract: The study has been carried out at Ipsos to assess the cost of ownership of various car brands with the primary objective being to rank Car manufacturers on the Basis of Cost of ownership and understand the perception about the cost of maintenance of various brands and carry out a comparative analysis of the same. The findings suggest that brand loyalty is highest in the premium segment, least affected by cost of owner ship, perception about the cost of maintenance is not in line with the actual cost of maintenance and difference in fuel price has created distortion in market segments. As of now cost of ownership is an influential factor across segments in the Indian car market and customers are more likely to go for the same make again, than not.