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International Business
INTRODUCTION:
TRENDS IN THE INTERNATIONAL MARKET:
The international motor vehicle production (including passenger cars, light vehicles, trucks and buses) reached all-time record levels just before the crisis by around seventy million units in 2006, 2007 and 2008. In 2009 the output dropped to 60 million that is almost the level prevailing in 2003. By 2010 it reached 77 million (26 per cent high on the 2009 figure, according to the data from OCIA, the International Organization of Motor vehicle manufacturers), another all-time high in the history of the automotive industry.
The international motor vehicle production (including passenger cars, light vehicles, trucks and buses) reached all-time record levels just before the crisis by around seventy million units in 2006, 2007 and 2008. In 2009 the output dropped to 60 million that is almost the level prevailing in 2003. By 2010 it reached 77 million (26 per cent high on the 2009 figure, according to the data from OCIA, the International Organization of Motor vehicle manufacturers), another all-time high in the history of the automotive industry.
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