RNCOS’ report “Passenger Car Market: A Global Review (2006)” provides objective analysis of the global passenger car industry to help clients in evaluating the potential opportunities and challenges of the dynamic industry. Passenger cars industry is contributing a considerable portion of the global automotive production. With the spontaneous growth in the emerging market, the overall sales of passenger cars enlarged by 3.3% in 2005. Low penetration of car industry in the developing countries indicates the high probability of growth in the untapped market.
Key Players Analyzed
This section covers the key facts about major players currently operating in the global passenger car industry such as General Motors, Toyota, Ford, Volkswagen AG, Daimler Chrysler AG, Nissan Motor Company Ltd., Honda, PSA Peugeot.
Key Issues and Facts Analyzed
- Is the Passenger car Industry in the developed and the emerging countries performing well?
- How attractive is the passenger car industry for investors?
- Key challenges and the driving forces in the passenger car industry.
- Who are the key competitors in the global passenger car industry?
Key Findings
- Growing low cost vehicles markets in developing countries like China and India are driving the passenger cars. It offers immense opportunities for global players in these economies.
- In the developed countries saturating market, and increasing the used car market are the major problems before the western automotive markets.
- From long-term perspective, cheap financing and price discounts will not drive the western markets because consumers consider it as a normal market feature.
- BRIC countries will be the potential destinations for global players. BRIC countries are expected to account for 47% of passenger car sales during years 2001-2010.
Research Methodology Used
Information Sources
Information has been sourced from namely, books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, industry news and developments, and through access to more than 3000 paid databases.
Analysis Methods
The analysis methods include the following: Ratio Analysis, Historical Trend Analysis, Linear Regression Analysis using software tools, Judgmental Forecasting and Cause and Effect Analysis.
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