Auto Sales
Kickstarter
The Details
Data Collection
EDA
Visualize
Results and Insights
Yearly Sales Trends and Recession Impact Analysis
The first line charts show the progression of automobile sales over the years and compare sales during recession and non-recession periods. In the second plot, it becomes clear that during recession periods, sales for sports-type vehicles declined due to their high cost, while sales for super mini cars and small family cars increased.
Variations in GDP During Recession and Non-recession Period
From the plots, it is evident that during recessions, the country’s GDP was low, likely affecting the company’s overall sales. This correlation suggests that economic downturns significantly impact consumer purchasing power, leading to decreased sales of higher-cost vehicles and increased sales of more affordable options.
Seasonality Impact on Automobile Sales
Bubble plots highlight the impact of seasonality on sales. It is evident that seasonality has not significantly affected overall sales, except for a drastic rise in sales in the month of May.
Variations in GDP During Recession and Non-recession Period
From the plots, it is evident that during recessions, the country’s GDP was low, likely affecting the company’s overall sales. This correlation suggests that economic downturns significantly impact consumer purchasing power, leading to decreased sales of higher-cost vehicles and increased sales of more affordable options.
Unemployment Rate Impact on Vehicle Sales During Recession
Automobile Sales During Recession
