Global Industry Forecasts > Quarterly Industry Forecasts > Motor Vehicles

Production increased globally by a stronger-than-expected 4.2% last year but sustaining such momentum this year will be challenging, despite households windfall bonus from lower petrol prices and continued low interest rates. Automotive companies are becoming more cautious about prospects, with confidence being hit by recent financial market volatility, and incentives are creeping up to sustain near-term sales growth.