A more or less awful outlook for auto sales. By Bertel Schmitt, CEO Sinamotive Group (HK) Limited.
J.D. Power and Associates, the trusted authority when it comes to unbiased worldwide automotive data, has released their forecast for worldwide 2008 auto sales. Bottom line: It will be bloody.
All corners of the world will be affected by the slowdown. But not all corners will see equally dismal sales. The mature and saturated markets will be hit...