auto, car, garage @ Pixabay

The demand for automobiles is affected by many different factors. Some of these are the supply and price of gas, availability of public transportation, and how people feel about their current automobile.

For example, if a person has had to get their car repaired more often than they thought they would have to when they purchased it or if someone starts driving less because they suddenly find themselves with a lot more free time on their hands than the demand for new cars will decrease.

volkswagen, car, bus @ Pixabay

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Automobiles- In order to determine the demand for automobiles, it is important to look at factors that most directly impact this. These include how people feel about their current car and if they are able or not able to find a good deal on gas. Other things to consider are public transportation availability and whether someone needs a car for work purposes.

For example, when gasoline prices skyrocketed in 2008 many Americans found themselves searching for new jobs because they could no longer afford the commute by automobile nor could they afford fuel costs while still paying mortgage payments on their home even though unemployment rates were high then as well (which means there was less competition). In addition, if more companies choose to take advantage of telecommuting options like Google has done with its employees.


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