Global demand for light vehicles is expected to exceed 57 million units by 2004, according to a study by the Freedonia Group, Inc. The Cleveland-based industrial marketing firm forecasts worldwide demand to increase slowly at a rate of 1.6% as the North American market cools down and Western European demand declines over the next four years. According to the study, developing industrial markets in Latin America and Eastern Europe offer the best long-term growth opportunities for ...
Premium Content (PAID Subscription Required)
"Study Forecasts Global Light Vehicle Sales" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.