Why Car Manufacturers Are Constantly Introducing New Models: Analysis And Insight

AnalysisModern market scenario of the worldwide economy has been changing dramatically, which has been triggered by the development in technology, sustainable policies from the government and firms along with the ever-changing market scenario (Mokyr, 2016). Besides this, change in demand, taste and preference of the buyers are one of the main reasons that has catapulted the change in the world economy. It has been observed since 2012, that world…

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