Industry Analysis & Industry Trends
Over the five years to 2016, rising per capita income is expected to drive revenue growth for the Global Car and Automobile Sales industry. The industry's dependency on employment rates, global consumer spending, financing rates and the world price of crude oil make it vulnerable to economic shifts. Over the five years to 2016, industry revenue is expected to grow. Pent-up demand, improving per capita income and growing consumer sentiment are expected to drive automobile sales over the next five years. Furthermore, the introduction of new energy-efficient vehicle models will also contribute to an increase in sales as consumers move away from high gasoline-consuming vehicles... read more
Industry Key Buyers
The Global Car and Automobile Sales industry is highly fragmented. The top four companies will generate less than 5.0% of industry revenue in 2016. Consolidation has increased in Western countries, as operators respond to saturation. However, an increasing number of operators are entering the industry in emerging nations, as growing populations increasingly shift to cars and trucks for transportation. Over the five years to 2016, the number of industry establishments is expected to increase at an annualized rate of 4.7% to 1.7 million locations.
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