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AFFECTING
AUTOMOBILE INDUSTRY
PRESENTED BY :Anurag Singh
Ashish Mathew
Harshita Singh
Aditya Kumar
Abhishek Kumar
Bhumika Sicarwar
OBJECTIVE OF STUDY
Broad classification of behaviors and their effect on
various car segments.
Study on purchase decision process
Study & Classify Car market based on segments like
small car, Hatch back, Sedan Class, premium Sedan,
SUV & MUV and luxury cars.
CAR SEGMENT
Micro
Cars
Compact
Cars
Mid-Size
Cars
Executive
Cars
Luxury
Cars
CULTURAL FACTORS
The dimensions of cultural factors include:
Geographical factors:
People prefer SUVs in hilly areas, in plain areas
hatch-backs and compact cars are preferred.
SOCIAL FACTOR
Major aspects in this area are:
Family- Size and income of family
Reference groups- Ideals, colleagues,
friends and relatives.
Status- Prestige and designation of the
person
PERSONAL FACTORS
The main aspects in this area are:
Occupation. An individuals nature of job.
Age. Teenagers, middle aged and elderly
individual.
PSYCHOLOGICAL FACTORS
Motivation
Perception
Beliefs and attitudes
SITUATIONAL FACTORS
cultural
Situational
factors
psychological
personal
CONCLUSION
Concluding we can say that purchasing a
car is an important and time taking
process and is affected by all these factors
that
have
been
discussed
here.
Manufacturers consider all these factors
and design their product accordingly.
CONTRIBUTION:
Equal participation of all the members of
the team.
THANK YOU