The Reasoned Decrease in Automotive Sales Caused Havoc in Businesses Globally

In reason years there was a massive decrease in automotive sale’s all over the world. There were no predictions what so ever before hand. The motor industry was hidden by this recession like a tsunami while they thought they were on the brink of a massive wave.In a matter of very short period sales dropped to a record low globally. That caused manufacturers to have surplus stock that wasn’t planned for and all car stock yards globally became over stocked to the max. All these manufacturers had systems in place to predict their possible future sales and still they didn’t see this coming. Not even the financial institutions or the financial gurus gave any warnings beforehand about the resection that was about to hid the world economy.All this caused massive decreases in turnovers in businesses in the automotive trade, which on the other hand caused a lot of workers in the automotive trade to lose their jobs. But everything wasn’t just for the bad as a lot as businesses had to close their doors due to this. All these owners blame everything else except them self, but the only reason for closing, is their lack of business skill, and not adhering to the universal laws in business. In nature this happening is called a culling process and in business it is called a sifting process.I consider myself lucky because very soon after I became a business owner twenty years ago I realized I don’t have the necessary skills and mindset to run a business. This realization caused me to invest in myself and to get rid of my ignorance, I had to educate myself or else I would fail in business If you are in business and don’t realize you have to educate yourself constantly as rules and regulations change all the time your destiny will be failure.Nobody ever thought a decrease in automotive sales caused by an unforeseen recession can harm businesses as much as it did in reason years. These businesses were harmed solemnly due to the owner’s ignorance and lack of business skills. The business owners that are doing their homework constantly are the guys that are not worried about the economy as they have systems in place and didn’t experience much effect during this time. Most of them survived this recession and came out stronger in any case due to their business skills.