The first automobile with a petrol engine was built in 1885 in Germany, 125 years ago. In 2007 a survey reveals that 1806 million cars are being used around the world: that is how quick the car industry developed. However, one must admit that in 2008 there was a decisive turnabout in the car industry, which affected every country and every business area on earth. A lot of companies and even a lot of business domains have simply collapsed due to the car industry crisis, which affected everything around it like a domino effect.
Although one might say today that the car industry has recovered a little bit, many car manufacturers remember nostalgically the years before the crisis. It is pretty obvious that sales will not reach the numbers previous to 2008 too soon, but it is though encouraging the fact that the automotive industry has regained some of its balance, dragging the other fields of activity – like leasing, insurance, etc – along with it.
If we were to take a peek on the sites of the leasing companies, for sure we will be able to find a product adjusted to our needs. No matter if you are a company or a simple citizen in the search for a car, now is probably the best time to invest in one, because the prices are very low and the offer is extremely wide. Whether you are looking for a van or a small car, you might be surprised at the various offers on the market.
Furthermore, the car manufacturers had to come up with revolutionary ideas in order to re-conquer the market and solve problems as high prices in fuel, global warming, etc. One of these solutions is the hybrid car, a breakthrough in the business, a combination of fuel and electricity, which succeeds very well in reducing the fuel costs and protecting the environment, not to mention the electrical car, a vehicle totally independent from the pump, causing no pollution what so ever.
All in all, the car industry declined considerably, but one might say the there is a light at the end of the tunnel and that this field is on the right track. Fortunately, this is an effect that propagates through the entire global economy, going hand in hand with all the other business fields.