The cycle is not the one which you can simply rode on without using any kind of gasoline product, which was designed by Macmillan. That is the enemy of the auto industry. Why would they possess that?This cycle is similar to life cycle or water cycle, which will be taught at some lower classes. The main elements of this cycle are manufacturers, employees, consumers, and people.
Few months back, the cycle was running this way.
Manufacturers wanted to grow bigger. They hired a lot of people who are now employees earning more than they want for their lively hood. They can now buy a house, a car, maintain a mobile, this is where some more people get jobs but in different sectors. Even they earn good and start buying goods of auto industry. They are now consumers.
So, manufacturers develop employees. Employees increase employees. More employees are now consumers.
Now something wrong has gone in the cycle
Manufacturers mess up with some stats. They fear they can’t do better and start laying off their people. So now employees turn to plain people again. They now can’t afford to services they had before. So other sectors which employed people for these ex-employees will also laying off people. So there are no more consumers for auto industry as they are also plain people again. And as a result auto industry is in turmoil.
It is not just the case of auto industry. All other basic industries can be related to this cycle.
Indianapolis Mercedes
Rock Honda Dealership
Keyes Toyota of Van Nuys
Hoehnbuickgmccadillac.com
No comments:
Post a Comment