1. Factors Influencing the Automobile Industry

2. Factors that affect Automobile Industry  Anti pollution issues  Alternatives cars such as electric cars  Shortage of raw materials  Increasing price and fluctuating prices  Increase in oil prices  Increase in energy cost

3. Technological Factors  Emphasis on R&D  Innovation  Hybrid cars  Low emission / Fuel efficient  Increased regulation of technological change  Use of safety technology  Accelerating the pace of change  Better technology at a lower price  Product life cycle reduced

4. Ecological Factors  Anti pollution issues  Literacy Levels  Population growth  Income level

5. Socio Cultural Factors  Lifestyles and preference of people that impact their choice on the types of automobiles  Social Norm that impact the decision to own and use automobiles compared to other means of transport

6. Political Factors  Political climate in different countries producing and purchasing automobile regarding policies on import, export and manufacturing of automobiles and components  Stability of the government  Taxation policies

7. Economic Factors  Consumer spending behaviors  Level of economic activities that affect the need for use of automobiles  Infrastructure