Frost & Sullivan Web Conference Gives 2013 Outlook on the Global Automotive Market: 5 Bold Predictions and Trends for the Industry
Complimentary web conference reveals which global OEM is expected to cross the 10 million vehicle sales mark, while another may be acquired
LONDON, Jan. 30, 2013 /PRNewswire/ -- 2013 is expected to be the year of the dragons and eagles striving growth and balancing fall in the European automotive industry. While China is expected to cross 20 million vehicle sales, the U.S. market is expected to reach 15 million sales, a record high since the economic crisis in 2007. On the other side of the Pacific, the ASEAN markets had a tremendous growth in 2012 with Indonesia joining the one million sales club for the first time.
The Western European market on the other hand, shrunk by 8.5 per cent in 2012 with big markets such as Germany and France witnessing negative growth. The United Kingdom was the only Light Vehicle market witnessing an increase in sales in 2012 and is expected to experience the same in 2013.
Although competition for the global top spot in the industry is expected to continue between GM, Toyota, and Volkswagen, the question of the year will be, which OEM is expected to cross the 10 million unit sales mark. There are about one billion vehicles in operation creating a huge opportunity for aftermarket services. So what will 2013 have on hand?
During its upcoming complimentary web conference taking place on Tuesday, 5thth February 2013, at 4 pm GMT, Frost & Sullivan will present the 2013 Outlook on the Global Automotive Industry. Program Managers, Mr. Mohamed Mubarak and Mr. Martyn Briggs, as well as Director, Veerender Kaul, will discuss OEMs' strategy initiatives to excel in the target markets and segments, highlight the growth markets and attractive segments in the industry and summarise a technology outlook for 2013. The presentation will also encompass opportunities in the aftermarket segment and the revelation of the expected winners in the industry for this year.
To participate in this complimentary web conference, please email Katja Feick at firstname.lastname@example.org with your full contact details. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.
"We expect 2013 to be an exciting year ahead with OEMs structuring their strategies on specific market focused subjects such as budget cars, smaller SUVs, mobility and others," outlines Mr. Mubarak.
The web conference will benefit global car manufacturers, suppliers, leasing companies, dealers, mobility players and aftermarket players to understand the trends and forward looking projections of the Global Automotive Market for 2013.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
SOURCE Frost & Sullivan
More by this Source
Frost & Sullivan: Cutting Edge Approaches to Vulnerability Management
Mar 06, 2014, 11:19 ET
How Top 35 Most Valuable Products and Solutions are Transforming the Oil and Gas Industry
Mar 06, 2014, 11:13 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.