Global Automobile Manufacturing Industry 2011-2015 New Report
Analysts forecast the Global Automotive Manufacturing industry to grow at a CAGR of 5.4 percent in terms of revenue over the period 2011-2015. One of the key factors for this growth the increasing demand for automobiles from Brazil, Russia, India, and China. The Global Automotive Manufacturing industry has also been witnessing the increasing number of automobile establishments during the forecast period. However, increase in average wage rates are acting as a barrier to the growth.