Notable market growth among BRIC countries and other emerging markets is a predominant trend in this year’s survey according to nearly 86 percent of respondents to a recent KPMG report, Managing a Multidimensional Business Model, which is based on a survey of 200 auto executives from 31 countries. Other key highlights from the survey include the fact that:
- Brazil, Russia, India, and China (BRIC) market share predicted to edge near 50 percent, while BRICs automakers have the biggest growth potential in Eastern Europe
- Overcapacity concerns remain, especially in Western Europe
- Mobility solutions the answer for growing urban areas, and an opportunity for new players
Read the full story and download the survey.