This preview shows page 1. Sign up to view the full content.
Unformatted text preview: The automotive industry designs, develops, manufactures, markets, and sells the world's motor vehicles . In 2008, more than 70 million motor vehicles, including cars and commercial vehicles were produced worldwide.  In 2007, a total of 71.9 million new automobiles were sold worldwide: 22.9 million in Europe , 21.4 million in Asia-Pacific , 19.4 million in USA and Canada, 4.4 million in Latin America , 2.4 million in the Middle East and 1.4 million in Africa .  The markets in North America and Japan were stagnant, while those in South America and other parts of Asia grew strongly. Of the major markets, Russia , Brazil , India and China saw the most rapid growth....
View Full Document
This note was uploaded on 05/21/2011 for the course MARKETING 104 taught by Professor Fazli during the Spring '11 term at College of E&ME, NUST.
- Spring '11