The Recession, Tsunami and the Demand of Hyundai Sonata 2001:
The recent recession affected the entire services and manufacturing industry resulting in un-employment, decreases in sales, and fluctuation in revenue charts and reduced production on the whole. It has been recorded that Toyota strives hard to maintain its sales for few popular brands at least and save the economy to fall down and collapse. The Automobile industry in Japan is known to be the world’s largest and top manufacturers of cars. The main source of income for Japanese economy is industrial goods, investment in machines and its import /export.
The Demand OF Hyundai Sonata 2001 Was Dropped After Tsunami:
The Japanese automotive industry is also affected by this recession; the situation became even worse when the Tsunami hit Japan causing massive destruction, ruining valuable property, industry and the Japanese nuclear power plant at Fukihima. As a consequence to these mishaps the demand for Japanese automobile around the world was decreased as the other nation were facing the same situation and were not ready to invest in luxury rather than basic necessities. Japan is mainly a servicing and manufacturing country, it is not blessed with large fertile lands to grow something naturally, and they do it on a limited amount and utilize it domestically
The demand of Used Hyundai Sonata 2001 was also affected by this natural calamity. It is a very youthful car and the choice of youngsters Till 2009 it ruled the world and did remarkable business globally, and then it came to number two beaten by its competitor, China. Hyundai Sonata 2001 used cars are in higher demand than new cars, the reason is the affordable price, comfort, advanced features, flexibility of use and stylish exterior looks. The global recession and natural disaster of Tsunami hit the economy badly and the production dropped drastically. There are very few brands of Japanese industries which maintained their sales consistency even during the recession era; one such brand is Hyundai Sonata 2001 used cars. The leading Japanese automobile manufacturers are Suzuki, Daihatsu, Honda, Nissan, Mitsubishi, Kawasaki, Subaru etc