Global Auto Industry Headed for Renewed Growth: Report
Summary
Global auto industry executives are becoming less apprehensive and "profitability expectations are starting to grow," a KPMG survey indicates.
The report suggests that the industry is leaving the first phase of its restructuring process -- deep cost-cutting and a shift of manufacturing to low-income countries -- and is entering a new phase, which includes "a renewed focus on sustainability and the environment, an increase in growth-orientated investment, rising popularity of passenger cars and fuel-efficient vehicles, and higher projected sales of hybrids."See the full content of this document
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Global Auto Industry Headed for Renewed Growth: Report
By Gary Norris
TORONTO -- Global auto industry executives are becoming less apprehensive and "profitability expectations ar...See the full content of this document
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