Details

Industry: Diversified Industrials
Type: Survey report
Date: 8/9/2012

2012 Automotive Industry Outlook Survey: Bullish Industry Faces Headwinds

The U.S. automotive industry is regaining confidence. Even though the overall U.S. economic recovery remains weak, that is not the case in automotive, where pent-up demand for vehicles in the United States is expected to carry over for years. As a result, auto companies and suppliers are ramping up their hiring and production activities, and investing heavily in new products and facility expansion.

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This survey provides the perspectives of more than 100 senior executives in the U.S. automotive industry. The survey results clearly portray a U.S. automotive industry that is regaining confidence. Even though the overall U.S. economic recovery remains weak, that is not the case in automotive, where pent-up demand for vehicles in the United States is expected to carry over for years. As a result, auto companies and suppliers are ramping up their hiring and production activities, and investing heavily in new products and facility expansion.

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