Looking at 2011, Car business in 2012 will definitely be a better idea as almost all the auto giants are leaving no stone unturned to get their market share back on track after Japan Tsunami and Thai Flood.
Almost all the Japanese OEM’s along with all other suffered a great business loss in 2011 due to either parts unavailability to make a car or natural calamities that stopped their production.
A car business along with spare parts can turn out profitable taking into account in the rise of market demand from 2011 approx 19% in January. Looking at the upcoming models in 2012 by almost all the auto giants is a straight indication of tough market competition, hence a deep market study about what brand to choose can minimize the risk of business failure. Other factors that are affecting the automobile industry such as high interest rates, inflation, high petrol prices and negative economic sentiments are still prevalent.