New Products (Automobile industry)

New products can help Automobile industry to expand their business and diversity their customer base… … "New Products (Automobile industry)" will have a long-term positive impact on the this entity, which adds to its value. This statements will have a short-term positive impact on this entity, which adds to its value. This qualitative factor will lead to a decrease in costs. This statement will lead to an increase in profits for this entity. "New Products (Automobile industry)" is an easily defendable qualitative factor, so competing institutions will have a difficult time overcoming it.