TABLE OF CONTENTS

INTRODUCTION. 1
SUPPLY VS DEMAND 2
FINDINGS 6
PRIMARY FACTORS. 7
CONCLUSION. 7
REFERENCE. 9


THE IMPACT OF RISING OIL PRICES ON THE SOUTH AFRICAN ECONOMY IN RELATION TO THE DEMAND AND SUPPLY OF NEW MOTOR VEHICLES.

INTRODUCTION

A continual upward trend in the price of crude oil in recent years has led to increasing
concerns about its economic implications, both abroad and in South Africa. This
study looks at the rising oil prices and their impact on the South African
economy within the framework of supply and demand, looking at the impact rising oil prices has had on demand and supply for vehicles as well as the impact on South African GDP growth. Cognisance must be taken of the fact that this slowdown in car sales is not only related to high fuels prices but is also as a result of successive increases in domestic interest rates, the introduction of the National Credit Act, high debt levels among consumers, and high levels of debt-servicing......

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Title: The Impact Of Rising Oil Prices On The South African Economy In Relation To The Demand And Supply Of New Motor Vehicles
Approximate Word Count: 1143
Approximate Pages: 5 (250 words per double-spaced page)

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