PwC: Heavy Demand for Light Vehicles

PwC's automotive analyst group, Autofacts, expects 2012 global light vehicle assembly will exceed 79 million units, an increase of 6.8 percent from last year.

| January 11, 2012

PwC's automotive analyst group, Autofacts, expects 2012 global light vehicle assembly will exceed 79 million units, an increase of 6.8 percent from last year.

Although many market uncertainties will carry over into 2012, Autofacts remains optimistic that the global automotive industry outlook will be positive, assuming that a policy resolution in the European Union materializes in the near-term.

Monetary tightening and other policy shifts in Brazil, India and China caused slower growth in 2011. But, with inflationary fears in these markets subsiding (prompting correspondingly looser monetary policy), these markets could be poised for substantial growth once again. Russia is positioned for another year of strong local demand.

To continue reading, become an ALM digital reader

Benefits include:

  • Complimentary access to Consulting Magazine Online and digital edition
  • Bi-monthly digital newsletter delivered to your inbox
  • 1 free article* every 30 days to Consulting Magazine's sister publications
  • Exclusive discounts on events and publications produced by ALM
Terms of UsePrivacy Policy

Copyright © 2024 ALM Global, LLC. All Rights Reserved.