Automobile Industry Introduction, Business and Industry Trends Analysis

¹ Video Tip For our brief video introduction to the Automobile industry, see www.plunkettresearch.com/video/automobile .   The automobile industry surged ahead worldwide in recent years, with particularly sharp growth in the U.S. and China.  Analysts at IHS Automotive forecast the global market at 93.5 million units for 2017. Car sales within North American markets have been running at very high rates.  U.S. car and light truck sales totaled 17.44 million units for 2016, according to National Automobile Dealers Association.  This was a slight decrease from 17.47 million units sold in 2015 and an increase over 16.45 million units sold in…

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