Global Car & Automobile Sales
Over the five years to 2018, 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. During the five-year period, many developed nations have experienced stable economic growth, leading to declining levels of unemployment and increased consumer demand for big-ticket purchases such as vehicles. Pent-up consumer demand and improving per capita income 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.
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, such as 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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook