Automobile Industry Pest Analysis

1065 Words Apr 18th, 2013 5 Pages
Automobile Industry PEST Analysis 1. Political Factors A) Environment Concerns: Leading to the quest for eco-friendly cars, people would prone to buy hybrid or even pure electric cars in the future. B) Government Regulations: Limitation on high emission car purchase, and the restrictive passage of autos in downtown area, as well as the limitation on license plate (number plate) in huge cosmopolitans. C) Some pioneering states in the US have started to set the rules to govern robotized motoring (autonomous driving). 2. Economic Factors A) Economic growth has shifted from traditional strong western countries (US, West Europe, specifically) to other parts of the world, especially, East and Southeast Asia, Africa, and …show more content…
3. Markets with high growth potential will be in developing countries or the so-called emerging economies.

Supporting Data:

GDP Growth Rate Index: (Source: World Bank)

Country Name | 2008 | 2009 | 2010 | 2011 | Macao SAR, China | 3.3 | 1.7 | 27.0 | 20.7 | Qatar | 17.7 | 12.0 | 16.6 | 18.8 | Mongolia | 8.9 | -1.3 | 6.4 | 17.5 | Turkmenistan | 14.7 | 6.1 | 9.2 | 14.7 | Ghana | 8.4 | 4.0 | 8.0 | 14.4 | Panama | 10.1 | 3.9 | 7.6 | 10.6 | Timor-Leste | 14.6 | 12.8 | 9.5 | 10.6 | Iraq | 9.5 | 4.2 | 0.8 | 9.9 | Liberia | 10.5 | 13.8 | 10.9 | 9.4 | Zimbabwe | -17.7 | 6.0 | 9.6 | 9.4 | China | 9.6 | 9.2 | 10.4 | 9.3 | Solomon Islands | 7.3 | -1.2 | 7.0 | 9.0 | Papua New Guinea | 6.7 | 5.5 | 8.0 | 9.0 | Argentina | 6.8 | 0.9 | 9.2 | 8.9 | Eritrea | -9.8 | 3.9 | 2.2 | 8.7 | Turkey | 0.7 | -4.8 | 9.2 | 8.5 | East Asia & Pacific (developing only) | 8.5 | 7.5 | 9.7 | 8.3 | Uzbekistan | 9.0 | 8.1 | 8.5 | 8.3 | Estonia | -4.2 | -14.1 | 3.3 | 8.3 | Rwanda | 11.2 | 6.2 | 7.2 | 8.3 | Sri Lanka | 6.0 | 3.5 | 8.0 | 8.3 | Kuwait | 5.0 | -5.2 | 3.4 | 8.2 | Lao PDR | 7.8 | 7.5 | 8.5 | 8.0 | Equatorial Guinea | 10.7 | 4.6 | -0.5 | 7.8 | Ecuador | 7.2 | 0.4 | 3.6 | 7.8 | Kazakhstan | 3.3 | 1.2 | 7.3 | 7.5 | Maldives | 12.2 | -4.7 | 5.7 | 7.5 |
Open Document