ECONOMIC URGENT SITUATION AND VEHICLE INDUSTRY

Economic urgent situation And vehicle Industry

Economic crisis and car Industry

Introduction

At the starting of this year, a somewhat low inflation was noted, although, a rather higher inflation rates has been posted in the last five months as power prices climbed up. The increase in buyer price inflation was mostly due to higher energy prices. An unforeseen boost in inflation can cause higher vehicle prices and decline auto sales. The automotive dealership could pay more vigilance to a higher value of service to appeal more consumers to purchase a new vehicle.

PEST Analysis

Political factor

The direction and stability ...