High Gas Prices
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High gas prices are expected to keep sales of cars lower than historical averages. Gas prices have limited average driving miles and decreases car maintenance needs. Higher fuel cost are hurting earnings. Regulated business have a tougher time passing on cost to customers. Distribution companies may also suffer when gas prices increase, because it is more expensive to deliver products via driving.
This is only partially true and misleadingly simple. Yes people are driving less miles overall. However people are going trying to stretch their fuel mileage. In order to do this people are going to spending money on spark plugs, fuel system cleaners, air filters, and anything else they think or hear is going to help them get more miles to the gallon. … "High Gas Prices" has a significant impact, so an analyst should put more weight into it.
SWOT Analysis Survey
SWOT Threat: High Gas Prices
High gas prices are expected to keep sales of cars lower than historical averages. Gas prices have limited average driving miles and decreases car maintenance needs. Higher fuel cost are hurting earnings. Regulated business have a tougher time passing on cost to customers. Distribution companies may also suffer when gas prices increase, because it is more expensive to deliver products via driving.
This is only partially true and misleadingly simple. Yes people are driving less miles overall. However people are going trying to stretch their fuel mileage. In order to do this people are going to spending money on spark plugs, fuel system cleaners, air filters, and anything else they think or hear is going to help them get more miles to the gallon.
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