Over the five years to 2015, 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. When the financial crisis that crippled the US economy rippled through other countries around the globe, causing unemployment to rise and consumer sentiment to decline, the industry suffered. Since the recession, however, these external factors have rebounded, benefiting industry revenue.
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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.