Paper Key : IRJ************787
Author: Kapil Kumar,Sejal Lohar,Tushar Pradhan
Date Published: 04 Mar 2023
Abstract
As a result of new political, monetary, and regulatory challenges, mergers and acquisitions (M&A) have become a viable strategy for surviving in and thriving in a competitive global economy. Over the course of the last three decades, the academic research community has shown a steady interest in the multifaceted phenomena that mergers and acquisitions (M&As) represent. LargeSubstantial mergers and acquisitions (M&As) involving automotive manufacturers, such as the merger between Daimler and Chrysler, the alliance between Renault and Nissan, and Ford's purchase of Volvo, have garnered a significant amount of attention during the last several decades. In spite of this significant amount of attention, the data on the overall success of automotive mergers and acquisitions are inconclusive and even conflicting. This article focuses on certain essential success elements in automotive mergers and acquisitions, such as the relationship between pre-acquisition and post-acquisition procedures, turnover of key employees, and other similar topics. Because certain mergers and acquisitions, as well as strategic alliances, have been shown to be effective, the phenomena of mergers and acquisitions in the automobile sector calls for more study and debate.The progress of technology has resulted in a great deal of change inside contemporary culture. Recent technological advancements, such as automated braking systems, adaptive and cooperative cruise control, self-driving automobiles, vehicles powered by artificial intelligence, etc., have led to an increase in both compliance with traffic laws and overall road safety as a result of their widespread application. It is essential to have rechargeable batteries in order to stop the depletion of fossil fuels, regardless of whether they are fuelled by electricity or the sun. All of these innovative technologies assist drivers in maintaining a safe distance from one another, which is the most effective strategy to avoid collisions on the road.