Professional Documents
Culture Documents
Political:
Economic:
Target middle and high income buyers with better purchasing power.
Countries have imposed taxes on luxury items which have increased their price, and
hence a specific section of buyers may not choose to buy.
Economic slow-down due to the pandemic
Not enough vehicles are being made due to the pandemic and not having enough
workers.
Raise in gas prices.
Social:
Technological:
Legal:
Strict laws to decrease the number of vehicles on the street, which can help them to lower
the air pollution level.
Legal proceedings that the company might face if vehicle is faulty and causes an
accident.
As our car company is expanding across the country, they need to maintain regulations
and update their policies to abide by the rules.
Restrictions of selling to different countries.
Environmental:
As emission from the vehicle is a concern for the environmentalists and government.
Government is willing to take up environmental policies to decrease the pollution level.
Gas is a non-renewable resource.