IJRMEC Volume2‚ Issue 2(February 2012) ISSN: 2250-057X CAR MARKET AND BUYING BEHAVIOR- A STUDY OF CONSUMER PERCEPTION Nikhil Monga Assistant Professor & HOD‚ Department of Management Studies‚ Phonics Group of Institutions‚ Roorkee Dr. Bhuvnender Chaudhary Dean‚ Phonics Group of Institution‚ Roorkee Saurabh Tripathi Assistant Professor‚ Department of Management Studies‚ Phonics Group of Institutions‚ Roorkee ABSTRACT The automobile industry today is the most lucrative industry
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Hypothesis: If a car is involved in a crash‚ a domino effect of reactions will occur. Background: The modern day automobile is a very complex piece of machinery that has a lot to do with the world of physics. Like every great invention‚ there was a beginning. For the automobile this beginning was in 1769. Nicolas Cugnot‚ a Frenchmen inventing for the French Army‚ came up with was first self-propelled‚ steam engined‚ three wheeled cart that was said to go as fast as walking speed. The next
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AP English 12 30 October 2012 From Walking to Rolling The automobile has changed lives around the world. Suddenly it was far easier to travel. Not only could you make it long distances in a fraction of the time‚ you could do it more comfortably and safely. It also lead to society as we know it today. Without cars there would be no need for roads as we know them today. There would be no hotels because people wouldn’t be traveling as far as they can today‚ and we wouldn’t have a scape goat for
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Snappy Cars The fastest and the most good-looking cars on earth. Something everyone has dreamed about at one point in their life is having a nice car. One thing that nobody realizes when dreaming about a car and it’s look is how expensive it can actually be. People only pay attention to the visual aspect. Sports cars are some of the fastest cars that have ever been created. For example‚ the Corvette. This car tops at 650 horsepower‚ unmodified. It has been ranked one of the fastest cars to date
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More People Own Cars In 1918‚ only 1 in 13 families owned a car. By 1929‚ 4 out of 5 families had one. In the same time period‚ the number of cars on the road increased from 8 million to 23 million. In fact‚ the industry grew so fast; by 1925 over 10% of all people in the workforce had something to do with production‚ sales‚ service‚ or fueling of automobiles. Buying on Credit At first‚ a buyer had to have cash to purchase a car. Banks were unwilling to lend money for something that was difficult
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INTRODUCTION: The subject of car finance comprises the different financial products which allows someone to acquire a car with any arrangement other than a single lump payment. The provision of car finance by a third party supplier allows the acquirer to provide for and raise the funds to compensate the initial owner‚ either a dealer or manufacturer. For Business sector finance: Car finance is required by both private individuals and businesses. All types of finance products are available to either
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Suprema Cars‚ a classic sports car manufacturer in Northern England‚ has had to face a lot of problems over the last few years: * Firstly‚ the company began to lose sales and market share‚ and in the last two years‚ it has made a loss. * Secondly‚ the factory workers are dissatisfied with the present situation: They demand higher wages and better working conditions. * And thirdly‚ the cars have suffered from a loss of quality due to an increased production. Therefore‚ Suprema Cars has
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Australian Government provide money to car manufacturers to prevent them from moving their operations overseas? Discuss‚ drawing on contemporary debates about this issue in the news media. Introduction Car manufacturing in Australia was one of the strongest sector in the Australian economy. Within the past few months and ongoing weeks‚ there are several news being published that the Australian car manufacturing sector has become so small that that each car company is relying on the survival of
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Hybrid Cars Hybrid cars are the transportation of the future. Humans have been driving around since the 1880’s. They started off as simple‚ one-cylinder machines‚ to today‚ where they are twelve cylinder animals. From fuel-efficient coupes‚ to gas guzzling SUVs‚ or even the ultra expensive supercars‚ all use gasoline. The use of this gasoline makes or breaks the selling point of the car. We base the cars off of their utility; the gas-guzzlers may be the ones with the most torque and pulling
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Buying our dream car brings us joy and regret It was the month of December of the year 2013; I was stressed out‚ depressed and at times I even felt sick. December 21st was right around the corner and I was struggling to gather the money that would keep me from living in my car or worst-case scenario‚ in the street. Ever since I was in grade school‚ I hoped that by the time I was 22 years of age‚ I would own the latest model car of the SLK class Mercedes Benz. I always imagined of how great that
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