Crisis in automobile industry
The world economic crisis systematically beats on all manufacture. But one of the most suffering branches has become a car industry: American, European, Russian. The confident development in present conditions is shown only by the Indian and Chinese concerns.
With the help of accessible credits machines have transformed from means of transportation into a type of hobby: it’s a usual fact to have more than one car in a family from two adults now. People were getting a new model when they haven’t already paid the previous credit. To this they were also pushed by the increase in number of modifications of popular models.
The collapse of bank system has made difficult to get a consumer credit. But not everyone is ready to pay off own money for the car now: people are not assured of tomorrow when everybody can be dismissed.
And the situation at autoconcerns becomes only more complicated from this. Warehouses have accumulated a lot of finished goods which the dealers, who don’t know how to sell their own stocks, refuse to take.
Now leading world concerns speak about 25-35% decrease in sales volumes in comparison with the similar period of 2008. For example sales of vehicles of GM in June were on 33 % below, than one year ago, Chrysler Group - on 42 % (68 297 machines), Toyota - on 32 % (131 654). Experts suppose, that in the Russian market the decrease of sales can reach 50 % or 1,3 million cars for current year.
In these conditions a unique variant of rescue for most of car factories became an appeal to the government for the national assistance.
