Over the five years to 2017, rising per capita income is expected to drive revenue growth for the Global Car and Automobile Sales industry. The industry's dependency on employment rates, global consumer spending, financing rates and the world price of crude oil make it vulnerable to economic shifts. Over the five years to 2017, industry revenue is expected to grow. Pent-up demand, improving per capita income and growing consumer sentiment are expected to drive automobile sales over the next five years. Furthermore, the introduction of new energy-efficient vehicle models will also contribute to an increase in sales as consumers move away from high gasoline-consuming vehicles. Despite these positive trends, industry revenue growth will likely be hampered by tepid demand from several developed economies.
This industry retails new and used motor vehicles mainly through dealerships, commission agents and car auctions. Products sold in this industry include: passenger cars, SUVs, light trucks, heavy trucks, buses, recreational vehicles and specialty vehicles (e.g. ambulances and fire trucks). Retail sales of motorcycles, mopeds and bicycles are not included in this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.