Pwc's Autofacts Forecasts 2012 Global Automotive Light Vehicle Assembly to Exceed 79 Million Units and Top 100 Million in 2016 ; Assuming European Debt Crisis Is Contained, the Automotive Industry Should Anticipate a Positive Outlook in 2012

U.S. Newswire › January 05, 2012

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Summary

DETROIT, Jan. 5, 2012 /PRNewswire/ -- PwC's automotive analyst group, Autofacts, today announced that it expects 2012 global light vehicle assembly will exceed 79 million units, an increase of 6.8% from 2011's total. Although many market uncertainties will carry over into 2012, Autofacts remains optimistic that the global automotive industry outlook will be positive, assuming that a policy resolution in the European Union materializes in the near-term.

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Pwc's Autofacts Forecasts 2012 Global Automotive Light Vehicle Assembly to Exceed 79 Million Units and Top 100 Million in 2016 ; Assuming European Debt Crisis Is Contained, the Automotive Industry Should Anticipate a Positive Outlook in 2012

What is contributing to the positive outlook?

Monetary tightening and other policy shifts in Brazil, India, and China caused slower growth in 2011. But, with inflationary f...

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