The Automotive Industry in the Financial Crisis

by aiguyuer on 2009-03-21 02:45:22

The auto markets of the "BRIC countries" - China, Russia and Brazil, apart from India, although experiencing a persistent decline in growth, were still the most active markets in the 2008 global automobile sales, each showing considerable growth. According to statistics, the total global vehicle sales of the previous year reached 59 million units, setting a new historical record, with the "BRIC countries" reaching 14 million units.