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Buy custom The Impact Of Rising Oil Prices On The South African Economy In Relation To The Demand And Supply Of New Motor Vehicles

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Topic: Business
Number of pages / Number of words: 5 / 1151
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where new vehicles manufactured equal demand; local manufacturers have reduced vehicle assembly industry capacity levels to 67.7% in 2007. This has reduced supply and has been based on predicted sales targets for 2008.

FINDINGS

Bearing in mind the volatile financial market conditions, lower levels of consumer sentiment and dropping business confidence - the short term outlook for the domestic automotive industry remains negative...


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The delayed effect of interest rate increases, growing pressure on consumers as a result of sharp increases in inflation, especially energy and food, will reinforce the negative trend. Additionally, most importers and manufacturers have implemented price increases to partly recover the relentless and record cost increases in materials and automotive inputs and to compensate for the weakness in the exchange rate...


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General points of the essay

Changes in Supply and Demand High Pump Prices: Oil Demand and Supply Factors Hybrid Vehicles in the Auto Industry Products, Services, and Prices in the Free Market Economy: Price Elasticity of Demand Supply and Demand on oil Supply and Demand The Economic Impact of Rising Oil Prices in Automotive Industry The Economic Impact of Rising Oil Prices The Impact Of Ethics In Rising Gas Prices The Impact Of Rising Oil Prices On The South African Economy In Relation To The Demand And Supply Of New Motor Vehicles Demand And Supply Supply And Demand 2 Supply and Demand - Pharmaceutical Industry Supply v. Demand: False Perceptions that Impact Crude Oil Pricing Demand Management: Integrating Demand and Supply in Real Time

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