New Markets
As explained in the site Univers-Nature, the large population of countries like Russia, India and China represent potential markets for the automotive industry. If within the European Union there are 600 cars per 1 000 inhabitants, this figure is 200 per 1000 in Russia and 1000 in only 27 Chine. Moreover, due to plummeting sales in the United States, China became in January 2009 the first global automotive market. Finding inevitable anyway according to experts, the financial crisis has accelerated the movement. In addition, the measures taken by the Chinese government for the automotive industry, such as lower purchase taxes have increased a little more phénomène.
Some very long-term forecasts estimate that the global fleet by 2060 could reach 2.5 billion vehicles, nearly 70% are due to countries currently little motor like China or Inde.
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