• 18-OCT-2010

2010 Set to be Record Year for Global Light Vehicle Assembly, Says PwC

PricewaterhouseCoopers HQ, London
In its latest industry forecast, PricewaterhouseCoopers highlights that continued strong demand growth in emerging markets and widespread inventory replenishment is set to mark 2010 as a record year for global light vehicle assembly, eclipsing the 2007 pre-crisis high point. Japan, Western Europe and the US boosted light vehicle sales by 5.6% in the first eight months of 2010, equivalent to almost a 1.1 million unit sales improvement. However, it was the BRIC countries that led growth, boosting sales by a third (33%), equivalent to a 3.5 million unit increase. Available material includes general views of PwC's offices as well as PwC's new logo.