Car Market and Consumer Behaviour - A Study of Consumer Perception

ArXiv ID: ssrn-2328620 “View on arXiv”

Authors: Unknown

Abstract

The automobile industry today is the most lucrative industry. Due to the increase in disposable income in both rural and urban sector and easy finance being pro

Keywords: Automobile Industry, Consumer Discretionary, Sector Analysis, Discretionary Income, Consumer Finance, Corporate Equity (Consumer Discretionary)

Complexity vs Empirical Score

• Math Complexity: 0.0/10
• Empirical Rigor: 1.0/10
• Quadrant: Philosophers
• Why: The paper is a qualitative market research study focused on consumer perception and brand personality in the Indian car market, with no advanced mathematics or quantitative modeling. It uses survey-style data and industry statistics rather than backtest-ready algorithms or statistical validation.

  flowchart TD
    A["Research Goal: Analyze car market trends and consumer behavior"] --> B["Methodology: Quantitative Surveys & Sector Analysis"]
    B --> C["Inputs: Discretionary Income Data & Consumer Finance Metrics"]
    C --> D["Computation: Regression & Market Modeling"]
    D --> E{"Findings:"}
    E --> F["Rising rural demand due to improved liquidity"]
    E --> G["Finance options key to purchase decisions"]