Question

Briefly describe nine other driving forces that impact the motor vehicle industry most.

Answer 1

Some of the driving forces of the motor vehicle industry include:

• Economic conditions.
• Consumer taste.
• Governmental regulations.
• Technological advances.
• Labor force skill.
• Supply chain management.
• International Competition.
• Political competition.
• Environmental risks.

Which forces affect the motor vehicle industry?

Economic conditions affect sales of motor vehicles as well as consumers changing their taste in the type of vehicles they want.

Government regulations such as those relating to environmental risk can also play a big part and political competition amongst nations can lead to supply chain disruption for motor vehicle manufacturers.

Find out more on the motor vehicle production at https://brainly.com/question/115376.

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