Short study on the economic impact of the 1973 oil embargo on new car dealers

Technical Report · Tue Jun 04 04:00:00 EDT 1974

DOI:https://doi.org/10.2172/6197323· OSTI ID:6197323

Indirectly, automobile dealerships reflect energy consumption and supply patterns because their products are the nation's largest users of petrochemical products. A dealership's economic condition depends critically on fuel availability and, to a lesser extent, on its price and this segment of the economy displays unusual sensitivity to national energy policy. The economic impact of the fuel shortage caused by the Arab oil embargo on automobile dealers is examined in three areas of business: new car sales, the used car resale market, and the service business and its relation to miles driven by the average car owner at lower speed limits.

• Research Organization: Laser Systems Corp., Ann Arbor, MI (USA)
• OSTI ID: 6197323
• Report Number(s): DOE/TIC-10380
• Country of Publication: United States
• Language: English

Related Subjects

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320104* -- Energy Conservation
Consumption
& Utilization-- Commercial & Industrial Buildings-- (-1987)
AUTOMOBILE INDUSTRY
AUTOMOBILES
DEMAND FACTORS
ECONOMIC IMPACT
ECONOMICS
ECONOMY
EMBARGOES
ENERGY SHORTAGES
GEOGRAPHY
INDUSTRY
INVENTORIES
MAINTENANCE
SMALL BUSINESSES
TRADE
VEHICLES