Sales of Passenger Cars Worldwide to Reach 76 Million Units by 2015, According to New Report by Global Industry Analysts, Inc.
San Jose, CA (Vocus/PRWEB) February 14, 2011
The automobile industry has been one of the worst hit industries by the recession. Demand for cars witnessed hurting declines exacerbating the already existing woes of excess production capacities. The soft business climate, which characterized the industry even before the recession, worsened even further with the recession inducing punishing falls in auto sales, dragging industrys major giants into the red. Global overcapacity reached its peak during the 2007-2009 economic recession when demand patterns crumbled across regional markets creating a huge supply glut in the international market. Plant closures, capacity idling, lower capacity utilization rates, and scaling back of operating capacity dotted the landscape during this period. The bailout packages offered as succor to the bleeding companies Chrysler, Ford and GM, stand testimony to the deterioration of the automotive sector. Key factors citied as responsible for declining car sales include restricted access to credit, decline in purchasing power, rising levels of unemployment, reduction in household wealth, falling consumer confidence index, decline in per capita automobile travel and volatile fuel prices, which although currently jumpy are skewed more sharply for future upward corrections. All of these factors resulted in postponements of purchases, which translated into declines in new vehicle sales/registrations. Tight liquidity lengthened the replacement cycle as consumers held on to their old cars thereby resulting in reduced spends on new cars and higher spends on maintaining old cars. Passion for expensive SUVs, especially, witnessed significant cooling.
The financial hardships resulting from the recession has triggered changes in consumer purchasing patterns for durable goods. Tight liquidity and financial constraints have redefined value and have induced simplicity in lifestyles. With one of the inescapable symptom of the recession being declines in consumer spending and purchasing power, a seismic change in attitude in currently underway with consumers cutting down on spending on products which are considered as luxury. The prolonged recession has interestingly induced a long-term shift in consumer perception towards performance, price and value offered by products, which is expected to linger on even into the post recession period. Demand has therefore considerably weakened for sports cars. This scenario is especially pronounced in the developed markets like the United States where the recession has been the sharpest, shaving off personal wealth to historical levels. The lull in the sports car segment can be thrown into sharp relief by the announced plans to discontinue Mazda’s RX-8, the segments only rotary engine based automobile, in the United States. Manufacturers of all types of sports cars have witnessed over 50% decline in sales over the period 2008 through 2010. Brands which have taken it on their chin include Mazda Motor Corp.’s MX-5 Miata, RX-8, Mitsubishi Motors Corp.’s Eclipse, Nissan Motor Co. Ltd.’s GT-R coupe, and 370Z, and General Motors Co.’s Chevrolet Corvette, and Chevrolet Camaro.
With the recession now having played out its part in full proportions and with the automotive industry having hitting rock bottom, a rebound is now seen as inevitable. Growth will be encouraged by the resurgence in fundamental macroeconomic growth drivers. While production cuts, continuous trimming of manufacturing capacities, and elimination of value added features to produce low-cost vehicles, have all been popular short-term strategies to cope with the recession, future strategies to emerge above the turbulence will essentially be skewed towards focus on green cars, and next generation automotive technologies. In the immediate short-term, the burden of overcapacity is expected to ease as demand recovers, and sales of new vehicles increases drying up the inventories in the supply chain. Stronger levels of demand recovery in the developed markets will help ease current overcapacity issues. Replenishing of depleting inventories in the supply chain in the post recession period, as a result of resurging production activities on wings of improving vehicle demand will require stronger communication chain between the consumer, dealer and the manufacturer, to ensure field inventories are carefully tracked to maintain supply and demand balance.
Post recession, the world market for Passenger Cars will receive strongest growth impetus from developing markets such as Asia-Pacific, Latin America and Eastern Europe. Asia-Pacific in particular is the fastest growing regional market for passenger cars, both in terms of sales and production. Thriving economies, rapid infrastructure development, growing employment opportunities, rising income levels, and increasing spending power in major countries are driving high demand for passenger cars in the region. Shift in automotive production to low cost destinations such as China and India, and increased instances of overseas players entering into joint ventures and alliances with domestic players will additionally boost production and sale of passenger cars in the region.
Major players in the marketplace include BMW AG, Chrysler Group LLC, Daimler AG, Fiat, Ferrari S.p.A, Ford Motor Company, General Motors Corp, Honda Motor Co Ltd, Hyundai Motor Company, Mitsubishi Motors Corp, Mazda Motor Corporation, Nissan Motor Co Ltd, Porsche Automobil Holding SE, PSA Peugeot Citroen, Renault Group, Suzuki Motor Corporation, Toyota Motor Corp, Volkswagen AG, Audi AG, koda Auto, Volvo Car Corporation, among others.
The research report titled Passenger Cars: A Global Strategic Business Report announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities. The single-segment report provides sales and production figures (In Thousand Units) for major geographic markets including the United States, Canada, Japan, Europe (France, Germany, Italy, Spain, The UK, Russia, and Rest of Europe), Asia-Pacific (Australia, China, India, Indonesia, Malaysia, South Korea, Taiwan, Thailand, and Rest of Asia-Pacific), Latin America (Argentina, Brazil, Mexico, and Rest of Latin America), and Rest of World.
For more details about this comprehensive market research report, please visit
http://www.strategyr.com/Passenger_Cars_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the worlds largest market research publishers. The company employs over 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/
# # #
Question by BustedFlush: Will the Suzuki Swift Sport be sold in the US, and when?
Way back in 2008 I began to see reviews of the Suzuki Swift Sport from the UK and other countries. I read more than one article (and maybe they all used the same source) saying that the car would be sold in the US in 2010.
Well here were are, it’s 2010 – where’s the SSS? Are you an industry insider? Suzuki dealer? Enthusiast? Rumor monger? What’s the story on this car?
Best answer:
Answer by Cruise_control
http://www.autoblog.com/2009/08/05/spy-shots-2011-suzuki-swift-will-we-get-it/
http://www.evo.co.uk/news/evospyshots/234547/suzuki_swift_spy_shots.html
http://www.jogjaspeed.com/2009/07/08/spy-view-new-suzuki-swift-2010
http://www.worldcarfans.com/110012224159/2011-suzuki-swift-3-door-spied-for-first-time-during-winter
nothing else until now
Give your answer to this question below!
Research Report on Chinese Nitric Acid Industry, 2010-2011
Research Report on Chinese Nitric Acid Industry, 2010-2011
By the end of 2009, China’s annual production capacity of concentrated nitric acid was about 2.50 million tons. Meanwhile, there were over 30 concentrated nitric acid producers in China, of which 14 producers possess the annual production capacity of 100,000 tons or above.
The global financial crisis in 2008 led to the depression of the whole chemical market in China. At the beginning of 2009, a great many enterprises stopped the nitric acid production, resulting in the reduction of market resources. During the downturn of the chemical sector, Chinese nitric acid market took the initiative to raise the price and enhance promotion to whip up the situation for almost half a year. Though the price fluctuated a little within the period, the market prosperity was maintained to July 2009.
In 2009-2010, Chinese newly added production capacity of concentrated nitric acid was about 300,000 tons. However, with the release of the Emission Standard of Pollutants for Nitric Acid Industry at the end of 2009, the production devices of nitric acid by normal pressure method, which contribute 11% to the aggregate production capacity, will be stopped due to the failure in meeting the emission standard. Thus, the production capacity of concentrated nitric acid in 2010 will be the same as that in 2009, that is, 2.50 million tons. Besides, in accordance with this standard, other unqualified production devices also need reconstruction. The reconstruction and overhaul of devices will lead to the further reduction of the actual supply in China. As the nitric acid is a corrosive strong acid that cannot be stored easily, the import and export volumes are small. Thus, the production basically equals the domestic consumption. In 2009, the production of concentrated nitric acid in China totaled about 2.06 million tons, rising by 10.70% YOY.
In 2010, the downstream demand of Chinese nitric acid industry maintains growth, likely to generate a new round prosperity cycle. In China, nitric acid is mainly applied in the chemical industry, which takes up over 60% of the total demand. Sub-products like aniline, TDI, MDI and dyes have higher demand for nitric acid. The nitric acid demand is 25%-30% from aniline and 15% from TDI. As Chinese economy gradually recovers and the production capacity of TDI & MDI are put into production intensively in 2009-2010, the downstream demand of nitric acid will assume fast growth. However, due to the energy saving and emission reduction policy, Chinese nitric acid production capacity in 2010 will be almost the same as that in 2009. Thus, there will probably be short supply in Chinese nitric acid market and the price is likely to increase.
Through this report, readers can acquire more information:
-Status quo of Chinese nitric acid industry
-Production of Chinese nitric acid industry
-Demand in Chinese nitric acid market
-Price trend of nitric acid in China
-Competition on Chinese nitric acid market
-Major enterprises in Chinese nitric acid industry and their operations
-Prediction on the demand in Chinese nitric acid market
-Contacts of major nitric acid producers in China
Following persons are recommended to buy this report:
-Nitric acid producers
-Nitric acid traders
-Downstream enterprises of nitric acid
-Research institutes concerning Chinese nitric acid industry
-Investors concerning Chinese nitric acid industry
-Others concerning Chinese nitric acid industry
Table of Content
1 Overview of Nitric Acid
1.1 Properties and Applications
1.1.1 Properties
1.1.2 Major Applications
1.2 Production Methods of Nitric Acid
1.2.1 Production Process of Concentrated Nitric Acid by Direct Method
1.2.2 Production Process of Concentrated Nitric Acid by Indirect Method
1.2.3 Production Process of Concentrated Nitric Acid by Medium Pressure Method
1.2.4 Production Process of Concentrated Nitric Acid by Dual-pressure Method
1.2.5 Production Process of Concentrated Nitric Acid by Over-azeotropic Method
2 Analysis on State of Development of Global Nitric Acid Industry, 2009-2010
2.1 Analysis on Production Capacity of Nitric Acid in the World, 2009-2010
2.1.1 Overview of Global Nitric Acid Industry
2.1.2 Analysis on Regional Structure of Global Nitric Acid Industry
2.1.3 Production Capacity of Major Nitric Acid Producers in the World
2.2 Analysis on Demand of Nitric Acid in the World, 2009
2.2.1 Demand History
2.2.2 Demand Structure
2.2.3 Demand Prediction, 2010-2014
3 Analysis on Chinese Nitric Acid Market, 2009-2011
3.1 Analysis on Nitric Acid Production in China, 2009-2011
3.1.1 Total Nitric Acid Production
3.1.2 Major Nitric Acid Production Regions, 2009
3.1.3 Major Nitric Acid Producers, 2009
3.1.4 Production Prediction, 2010-2014
3.2 Analysis on Nitric Acid Consumption in China, 2009-2011
3.2.1 Analysis on Structure of Nitric Acid Consumption Areas, 2009
3.2.2 Prediction on Nitric Acid Consumption, 2010-2014
3.3 Analysis on Import & Export of Nitric Acid in China
3.3.1 Analysis and Prediction on Nitric Acid Import, 2009-2010
3.3.2 Analysis and Prediction on Nitric Acid Export, 2009-2010
3.4 Analysis on Nitric Acid Price in China
3.4.1 Analysis on Nitric Acid Price, 2009
3.4.2 Prediction on Nitric Acid Price, 2010-2014
4 Analysis on Downstream Industries of Chinese Nitric Acid Industry, 2009-2010
4.1 Nitrogenous Fertilizer
4.1.1 Status Quo of Chinese Nitrogenous Fertilizer Industry
4.1.2 Status Quo of Nitric Acid Consumption in Chinese Nitrogenous Fertilizer Industry
4.2 Nitrochlorobenzene
4.2.1 Status Quo of Chinese Nitrochlorobenzene Industry
4.2.2 Status Quo of Nitric Acid Consumption in Chinese Nitrochlorobenzene Industry
4.3 Aniline
4.4 Dyes
4.5 Toluene Di-Isocyanate (TDI)
4.6 Civil Explosive Materials Sector
5 Analysis on Major Enterprises in Chinese Nitric Acid Industry
5.1 Tianji Coal Chemical Industry Group Co., Ltd
5.1.1 Overview
5.1.2 Operation
5.1.3 Development Strategy
5.2 CNPC Lanzhou Petrochemical Co., Ltd
5.2.1 Overview
5.2.2 Operation
5.2.3 Development Strategy
5.3 Sichuan Golden Elephant Chemical Company Limited
5.4 Anhui Huainan Chemical Group
5.5. Sinopec Nanjing Chemical Industry Co., Ltd.
5.6 Jinan Chemical Fertilizer Plant Co., Ltd
5.7 Yunnan Yunfeng Chemical Industry Co., Ltd
5.8 Anhui Huatai Chemical Industry Co., Ltd
5.9 Shandong Huayang Dier Chemical Co., Ltd
5.10 Hualong Ammonium Nitrate Co., Ltd Shandong Ocean Chemical
5.11 Shandong Liaherd Chemical Industry Co., Ltd
5.12 Xinxiang Yongchang Chemical Co., Ltd
5.13 China Petroleum Liaoyang Petrochemical Fiber Company
5.14 Shijiazhuang Jinshi Chemical Fertilizer Co., Ltd.
6 Prediction on Development of Chinese Nitric Acid Industry, 2010-2014
6.1 Analysis on Factors Affecting the Development of Chinese Nitric Acid Industry
6.1.1 Driving Factors
6.1.2 Hindering Factors
6.2 Analysis on Competitiveness of Chinese Nitric Acid Industry
6.2.1 Status of Competition
6.2.2 Bargaining Power of Suppliers
6.2.3 Bargaining Power of Downstream Users
6.2.4 Threats from Substitutes
6.2.5 Potential Threats
6.3 Analysis on Problems in Chinese Nitric Acid Industry
6.4 Prediction on the Development Trend of Chinese Nitric Acid Industry
7 Analysis on Investment in Chinese Nitric Acid Industry, 2010-2014
7.1 Analysis on Investment Opportunities in Chinese Nitric Acid Industry
7.2 Analysis on Investment Risks in Chinese Nitric Acid Industry
7.2.1 Raw Material Risks
7.2.2 Market Risk
7.2.3 Other Risks
7.2.4 Countermeasures to Risks
7.3 Recommendations to Investment and Development in Chinese Nitric Acid Industry
Selected Charts
Chart Analysis on Nitric Acid Demand in the World, 2003-2009
Chart Production Capacity of Nitric Acid in China, 2005-2009
Chart Nitric Acid Production in China, 2005-2009
Chart Nitric Acid Demand in China, 2005-2009
Chart Export Volume of Nitric Acid in China, 2005-2009
Chart Major Nitric Acid Producers in China
Chart Production Capacity of Nitric Acid in China by Production Method, 2006-2009
Chart Prediction on Nitric Acid Production in China, 2010-2014
Chart Prediction on Nitric Acid Demand in China, 2010-2014
Chart Price Trend of Nitric Acid in China, 2005-2009
Chart Prediction on Price Trend of Nitric Acid in China, 2010-2014
ReportsandReports, comprising of an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites.
ReportsandReports announce to have Research Report on Chinese Nitric Acid Industry, 2010-2011 Market Research Report in its store. Browse all our Market Research Reports details at ReportsandReports.com
What can we expect in 2011 for the Vancouver real estate market?
Video Rating: 0 / 5
Question by funny name: how is the job market for architects looking for the next couple years?
im not going to graduate until 2011 with a masters in architecture hopefully. i would be working in the tri-state area ny,nj,ct
Best answer:
Answer by icprofit6000
According to the source below:
“Architecture graduates may face competition, especially for jobs in the most prestigious firms; opportunities will be best for those with experience working for a firm while still in school and for those with knowledge of computer-aided design and drafting technology.”
What do you think? Answer below!
Categories: Market In 2011 Tags: 20102011, 50 Million, Acid, Aggregate Production, anhui huainan, anhui huainan chemical, anhui huainan chemical group, chart prediction on price trend of nitric acid, Chemical Sector, Chinese, concentrated nitric acid, Contact, Content, def, Depression, Domestic Consumption, Downturn, Export Volumes, Failure, Global, global financial crisis, huainan chemical, Import And Export, Industry, Initiative, l, major nitric acid producers, Market Resources, Nitric, nitric acid, nitric acid consumption, nitric acid demand, Nitric Acid Market, nitric acid price, nitric acid producers, nitric acid production, Pollutants, Producers, Prosperity, Reconstruction, Report, Research, risks, sinopec, tot, trackpageview, Web, Youtube, Yoy
Global Workforce Management Software Market in Retail Industry 2008-2012
Global Workforce Management Software Market in Retail Industry 2008-2012
Global Workforce Management Software Market in Retail Industry 2008-2012
Workforce management software (WFM) can be defined as a solution that primarily helps companies maintain a productive workforce. The major functions of WFM include labor planning & scheduling, time & attendance, payroll & benefits, performance reporting, and dispatching workforce.
The major drivers for WFM are flexibility offered for Retail managers for superior business forecasting, integrated task management, and well planned work schedule). Also, it provides perfect business condition to ensure smooth workflow for retail companies. Moreover, current economic condition is driving retail companies to cut down costs across the lines. Labor cost constitutes the second largest operational cost for the retail industry (merchandising cost being the first). At the same time, retail companies are expected to provide better customer service to retain their customers. ((WFM’s ability to reduce labor cost and increase customer service by ensuring that the company has right employee at the right time and at the right place is primarily driving the retail industry to adopt WFM solutions. Further, WFM also helps companies engage correct employees and provide proper training; thereby, increasing productivity of an employee.
The report forecasts the size of Global Workforce Management Software Market over the period 2008-2012. It also discusses various factors that are driving the retail industry to adopt Workforce Management Software. Further, it includes key market trends, drivers and challenges of the Global Workforce Management Software Market, and also profiles some of the key vendors operating in this market.
TechNavio Insights is a set of reports based on TechNavio – a market intelligence platform for the IT industry. It builds on the intelligence available within TechNavio, and leverages on the custom research experience of the ”Technology Navigators”. TechNavio is built on years of experience of Infiniti Research in deep dive custom research and consulting for over 30 Fortune 500 companies and numerous large and mid-sized companies.
To know more and to buy a copy of your report to feel free to visit :
http://www.bharatbook.com/detail.asp?id=114185&rt=Global-Workforce-Management-Software-Market-in-Retail-Industry-2008-2012.html
Related Reports
Global Security Software Market 2008-2011
http://www.bharatbook.com/detail.asp?id=114169&rt=Global-Security-Software-Market-2008-2011.html
Global Business Intelligence Software Market 2008-2011
http://www.bharatbook.com/detail.asp?id=114177&rt=Global-Business-Intelligence-Software-Market-2008-2011.html
Or
Contact us at :
Bharat Book Bureau
Tel: +91 22 27578668
Fax: +91 22 27579131
Email: info@bharatbook.com
Website: www.bharatbook.com
Follow us on twitter: http://twitter.com/3bbharatbook
Bharatbook, the leading information aggregator. We facilitate and support the business information needs. With over millions of reports, you can get instant access and insights on the studies in you for market research, corporate / strategic planning by providing the latest information in the form of reports, journals, magazines and databases on varied industries like automotive, oil and gas, shipping, textiles, pharmaceuticals, energy, banking, finance, insurance, risk management, country intelligence, consumer & durable goods, chemical and more your areas of interest. Contact us at +91 22 27578668 / 27579438 or email info@bharatbook.com or our website www.bharatbook.com
Desfile Aleksandar Protic na ModaLisboa In The Market – Verão 2011
Video Rating: 5 / 5
Question by That One Person: Bulk chinese V8 drinks from the flea market?
My husband picked up a bulk box of V8 drinks from the local flea market this weekend. They were being sold for only 3 dollars for a case of over twenty. (Maybe a 24 pack? More? Not sure, don’t feel like digging up the box and counting.)
There isn’t anything wrong with them that we’ve noticed. They expire September 2011 and the cans are all in Chinese.
Does anyone know where I could find bulk buys like they did?
Best answer:
Answer by Alan Williams
I wouldn’t suggest doing this. This product is not legit. It is what’s called a Chinese knockoff. Knockoffs are often associated with illness. They are not official and do not undergo the testing that official brands undergo before being released to the public. But if you are not worried about the dangers of knockoffs then the flea market in general is a perfect place to go.
Know better? Leave your own answer in the comments!
Categories: Market In 2011 Tags: 20082012, Amp, Benefit, Better Customer Service, Business Condition, business intelligence, Contact, def, Economic Condition, Global, Global Security Software Market, global workforce, global workforce management software market, Increasing Productivity, Industry, info@bharatbook.com, l, Management, market, Market Intelligence, Market Trends, Operational Cost, Payroll, Productive Workforce, Retail, Retail Companies, Retail Industry, Retail Managers, Right Time, size of global workforce, smooth workflow, Software, Software Market, Task Management, trackpageview, Web, Wfm, Workforce, workforce management, workforce management software, workforce management software market, Youtube
