Here's why:
* Tangibility: An automobile is a physical, tangible product. You can touch it, see it, and own it.
* Durability: Automobiles are durable goods, designed to last for a significant period of time.
* Transferability: Automobiles can be bought, sold, and transferred from one person to another.
While services might be involved in the process of acquiring or using an automobile (e.g., financing, insurance, maintenance), the automobile itself is the tangible product, making it a good.
