Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”
Green Car Congress
SEPTEMBER 5, 2013
A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.
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