Considering the impact of global economic downturn, our team of experts has done thorough analysis of the hybrid car market worldwide. The information has been sourced from authentic and reliable sources like books, newspapers, trade journals, white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.
If this route is not the right one for your business, prepare an approach for partnering with companies from outside the traditional automotive sphere, which should include advantageous arrangements involving licensing, revenue sharing, and ownership of intellectual capital.
According to Mexican Automobile Industry Association the list of vehicles destinations of Mexico’s exports in the first quarter 2015 were 70% to the United States, 1.8% to Canada, 2.6% Germany, 2.4% Brazil, 2.1% Colombia, 2% to China, 1.3% Saudi Arabia, 0.9% Argentina and 0.5% to Italy.
The outstanding contribution of the automotive industry to technological advance was the introduction of full-scale mass production , a process combining precision, standardization, interchangeability, synchronization, and continuity Mass production was an American innovation The United States, with its large population, high standard of living , and long distances, was the natural birthplace of the technique, which had been partly explored in the 19th century.
Slovakia, the third-largest automotive manufacturer in central Europe, is among the fastest growing automotive markets in the Central & Eastern European Region (CEE), with the industry production growing almost two-fold (93%) in 2007 from the previous year.