Boston Consulting Group said in a report they consider emerging markets beyond Brazil, India, Russia and China to offer the “last frontier” for vehicl
Auto industry’s ‘last frontier’ :”The southeast Asia countries, including Indonesia, Malaysia and Thailand, are forecast to have new vehicle sales of 4.6 million by 2020, larger than Russia, the report said.
Middle Eastern countries, including Iran, Saudi Arabia and Turkey, may have 5.8 million sales in 2020, larger than 5.2 million forecast for Brazil, according to Boston Consulting. Latin American countries, including Argentina, Chile and Colombia, may be 2.9 million, compared with the 3.6-million German market. – Via Bloomberg
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