It’s going to analyze the macro-environmental factors impacting the world’s largest industry. Today, we’ll discuss the pestle analysis of the automobile industry. Some of the top brands in the automotive industry are Chrysler Automobiles, FIAT, BMW, SAIC, Nissan, Honda, Tesla, Ford, Hyundai, Daimler, Volkswagen, and Toyota. Most importantly, the automobile industry knows its significance and impact on the society and economy. In fact, they add value to our lives with every ride we take. They serve us not only in terms of mode of transportation. It’s the world’s largest industry in terms of revenue and profit.Ĭars and vehicles have become an essential part of our lives nowadays. The automotive or automobile industry comprises vehicles, cars, bikes, and public transport. Conclusion: Automobile Industry Pestle Analysis.Environmental factors impacting Automobile Industry.Legal factors affecting the Automobile Industry.Technological factors impacting Automobile Industry.Social factors affecting Automobile Industry.Economical factors impacting Automobile Industry.Political factors affecting the Automobile Industry.
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