cars

... There is a high consumer demand for imported compact cars due to their reliability factor, along with gas efficiency and insurance cost. ... This may have been caused by the fact that there are few substitutes for such cars in this industry. ... In comparison to the imports, domestically produced cars also showed a significantly increasing price trend as well. While the imports boasted a higher sale value, the domestic cars maintained a strong and consistent price range of their own. ... Also, the labor and material costs for domestic cars are more reasonable than that of imported cars. ... Only sport utility vehicles dropped while other cars such as sedans, minivans, sport cars, luxury cars, and other cars within the field did not. ... Consumers have a tendency to desire imported cars because of its efficient gas usage and durability factors. Domestic cars on the other hand can be compared to imported cars but on a smaller scale. Statistics have shown that the increase in sales for imported cars have relied solely on reliability whereas domestic vehicles have not yet established that standing the market.

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