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Driven by Data: An Analytical Approach to Car Sales Trends and Market Dynamics

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Driven by Data: An Analytical Approach to Car Sales Trends and Market Dynamics


Vikas Kailash Piprade



Vikas Kailash Piprade "Driven by Data: An Analytical Approach to Car Sales Trends and Market Dynamics" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Special Issue | Advancements and Emerging Trends in Computer Applications - Innovations, Challenges, and Future Prospects, March 2025, pp.773-777, URL: https://www.ijtsrd.com/papers/ijtsrd78651.pdf

The speedy evolution of data analytics and machine learning has transformed decision-making in different sectors, including the automobile industry. This study aims to use data-driven methods to predict and analyze car sales trends and enable car manufacturers and dealerships to refine their strategies. Through the use of historical car sales data, economic metrics, and patterns of consumer behaviour, we intend to derive valuable insights that affect purchasing behaviour. Our research utilizes machine learning algorithms like linear regression, decision trees, and neural networks to improve predictive accuracy. Exploratory data analysis (EDA) is further utilized to extract seasonal trends, regional demand fluctuations, and drivers of sales. Insights from this work offer actionable advice for inventory optimization, pricing strategy, and marketing campaigns. The findings underscore the importance of bringing data-driven practices into car sales forecasting to keep companies competitive within a changing industry.

Car Sales, Data Analytics, Machine Learning, Predictive, Automotive Industry, Sales Forecasting, Big Data, Consumer Behaviour Analysis, Market Trends, Economic Indicators, Inventory Optimization, Pricing Strategy, Data Visualization.


IJTSRD78651
Special Issue | Advancements and Emerging Trends in Computer Applications - Innovations, Challenges, and Future Prospects, March 2025
773-777
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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