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The global economy continues on a slow growth path, but will improve as 2016 will be a year of transition. The mature markets, which remain far below their economic potential, will rally as consumers' confidence and spending improve because of rising employment and low fuel costs. The emerging markets, many of which are in recession and are growing far below the rates of just a few years ago, will begin to stabilize as "light at the end of the tunnel" comes into view. These transitions will have significant implications for global vehicle sales with the fastest growth markets of 2015 slowing and the weakest markets improving.
Please join us on March 17 in London to discuss these and other topics.