Automotive Industry

Automotive industry outlook 2019The 2008 financial and monetary crisis hit the US automotive business difficult – particularly the Massive Three” automakers Common Motors, Ford and Chrysler. Prevedere is an market insights and predictive analytics business, assisting company leaders make much better choices by providing a real-time view of their company’s future. Our external true-time insights engine consistently monitors the world’s data, identifying future threats or possibilities to company performance. Along with a team of sector authorities, data scientist, and economists, Prevedere helps business leaders make the proper decisions in an ever-changing planet.

In 2009, the US federal government responded by implementing two major policy measures. Firstly, the American Recovery and Reinvestment Act (ARRA) shored up domestic demand and included tax provisions especially for automobiles. The automotive sector was also 1 of the major sectors targeted by the second measure, the Troubled Asset Relief Program (TARP), a provide-side initiative that bailed …