Global Industry Forecasts > Quarterly Industry Forecasts > Motor Vehicles

In aggregate, the global market for automotive products isexpanding at the expected pace of 4% but the latestindicators show an unexpected shift away from emergingmarkets and towards developed countries most notably,in Europe. Incentives and pre-registrations are helping therecovery there, adding to US strength. The slowdown inemerging markets has unexpectedly intensified, with firstquarteroutput data showing a marked contraction in threeout of the four BRICs.