Five Forces of the Auto Industry Marketing Essay
Other important factors that matter in the automotive industry include fuel efficiency and environmental concerns. Porter's Five Forces and PESTEL analyzes examine the attractiveness and profitability of the global automotive industry, in addition to explaining the sector's strategic opportunities and threats. We will write a custom essay, outlining Porter's five forces regarding the automotive industry in India, the threats to new entrants, the bargaining power of customers as buyers, the threat of substitute products, the bargaining power of suppliers and the degree of rivalry between competitors. These five forces largely influence how the industry performs and can be described in broad terms,