Analysis of Automobile Sales Trends in 2022 (KEY IJP************733)

• Vikas Chary Alwala,Karnakota Vignesh Goud,Bandela Venu

Abstract

In this study, we delve into the sales trends of the automobile industry in the year 2022, aiming to understand various factors influencing car sales and customer preferences. Utilizing data from reputable sources, we conduct a comprehensive analysis of multiple aspects, including sitting capacity, car body type, engine type, budget-friendly cars, and transmission type. The research highlights key patterns and shifts in consumer behavior, driven by economic conditions, technological advancements, and evolving preferences. Our analysis includes a detailed examination of the impact of global supply chain disruptions and environmental regulations on sales trends. By examining these dimensions, we provide valuable insights into the dynamics of the automobile market, helping stakeholders such as manufacturers, dealers, and policymakers make informed decisions. Our findings underscore the importance of adapting to market trends and customer needs to achieve sustained growth and competitiveness in the automotive sector. This study serves as a resource for strategic planning and policy formulation, offering a clear understanding of the factors shaping the future of automobile sales.