Automobile Production, Selected Countries, 1950
About a year ago, really couple of observers could have forecasted the final 2016 sales ranking of automobile group suppliers in the world. The marketplace is mainly driven by increasing demand for automobiles, rising inclination towards car customizations, in particular amongst the younger generation, and expanding sales of pickup trucks in developed markets are the principal variables probably to boost the worldwide industry for automobile accessories over the forecast period.
Just after new car or truck turnover faced a sturdy headwind in the first half of 2015, so that light car sales dropped by a good 6 percent, increasing real wages and measures to promote consumer demand pulled the Argentinian industry back into positive numbers in the second half of the year.
The dominance of BYD and Tesla on the electric-car or truck ranking list also shows how two of the world’s most celebrated company minds – Elon Musk and …
Automobile Production, Selected Countries, 1950 Read More