-- LMC Automotive and Frost & Sullivan forecast major trends in complimentary web conference on 2014 Outlook of the Global Automotive Industry
LONDON, Feb. 4, 2014 /PRNewswire/ -- 2014 is expected to see global light vehicle sales crossing 88 million units with growth in the Chinese and US market balancing the downturn in Europe. Corporate carsharing, eRetailing and big data analytics are key trends that will influence the Automotive market this year.
In order to understand current and emerging market trends and subsequent predictions for the Automotive industry, Frost & Sullivan is organizing a complimentary web conference entitled 2014 Outlook of the Global Automotive Industry, which is taking place on Wednesday, 12 February 2014, at 3.00 pm GMT. Senior Partner and Automotive Business Unit Leader, Sarwant Singh, and Senior Research Analyst, Shwetha Surender, from Frost & Sullivan, as well as Managing Director, Pete Kelly, from LMC Automotive, will give a comprehensive analysis of the global automotive industry and reveal two major auto OEMs that are forecast to cross ten million unit sales in 2014.
To participate in this complimentary web conference, please email Katja Feick at email@example.com with your full contact details. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.
"2014 is setting the stage for auto sales to peak in 2015, as the average age of cars on the road crosses 12 years in the US and 9 in Europe," notes Frost & Sullivan Senior Partner, Sarwant Singh. "The compact vehicle segment is expected to be the most attractive, accounting for over 31 percent share of the Global Automotive Market in 2014. The SUV and luxury vehicle segments are expected to buoy market growth in the US and China."
The web conference will help to understand OEMs strategy initiatives to excel in the target markets and segments and introduces technology trends in 2014 followed by an interactive Q&A session.
This briefing will benefit the entire automotive value chain including Original Equipment Manufacturers, public transport operators, suppliers, car rental and fleet companies, financial service providers, carsharing operators, parking operators, IT and infrastructure companies, online booking agencies, technology solution providers, telematics providers and a whole host of industry participants looking to understand current automotive trends and their implications.
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SOURCE Frost & Sullivan