The automobile industry today is the most lucrative industry. Due to increase in disposable income in both rural and urban sector and availability of easy finance are the main drivers of high volume car segments. Further competition is heating up with host of new players coming in and global brands like Porsche, Bentley, and Ferrari all set to venture in Indian market. This research will be hel...

Which comes first in reducing the Carbon Dioxide (CO2) emissions from transportation sector: consumer preference or technological advancement? Using a series of discrete-choice demand models, we estimate for automobiles Japan. Our model explicitly allows preferences fuel economy to evolve over time, and estimation results confirm existence such change. We then simulate behavior, enabling consum...