A grim market condition awaits automakers, burdened more
A grim market condition awaits automakers, burdened with a huge pile-up of inventory, due to weak demand and have had to cutback significantly on vehicle production plans and profitability targets for 2009 since the advent of the economic slowdown. The uncertainty surrounding economic recovery and the continued lack of sufficient credit in the market is hurting sales and consumer confidence, which are key requirements for re-bound in positive sales.
This presentation provides Frost & Sullivan\'s perspective on how growth is expected to unfold in the next two years and what the opportunities under current market conditions are.
Take the opportunity to submit a question by sending an email to alvin.chuafrost.com and include the title of the event in the subject line. less
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