Centro de Documentacion de Fundación MAPFRE - Trends in the global automotive sector

Notes: Sumario: Automakers everywhere in the world are pinning their hopes on rising demand in the developing nations.Although customers in mature markets are downscaling to fuel efficient basic cars, a sizeable proportion of consumers in the BRIC (Brazil, Russia, India, and China) markets still aspire to own bigger cars, such as SUVs. With demand for vehicles deteriorating in most established marketplaces in the aspect of the world-widest agnation, high fuel costs and metropolitan pouring limitations, the industry is turning its consideration even extra powerfully towards the increasing middle classes in the new power houses of China, India, Brazil, Russia and other growing nations. In this context a study has been conducted to know the trends of automotive industry globally. The study is equipped grounded on primary facts and secondary statistics. The primary data has collected through oral interview from stalwarts of automotive industry. The secondary facts is composed from the information of international conference of automotive industry and all existing literature has collected also from internet automotive websites, auto business magazines, e-auto journals etc. findings out the study reveals that there is growing demand for car in future at global level . Finally suggestions have been framed and conclusions have been drawn for the studyRelated records: En: Australian Journal of Business and Management Research. - Vol.3 nº11, February-2014 ; p. 1-5Materia / lugar / evento: Industria automovilística Perspectivas económicas Mercados emergentes Desarrollo sostenible Combustibles renovables Otros autores: Amilin Ibrahim, Khairul
Other categories: 921.8