The changing world automotive order
Article Summary
Now that clean emissions and petrol pricing are firmly on the global agenda, the world's consumption habits are changing accordingly, and the world order of automobile manufacturers is in massive flux. Japan's Toyota took over from America's General Motors last year and is now safely the world's number one, but the big mover of the last 12 months has been Korea's Hyundai/Kia group, which has now passed Ford for fourth place. When GM is broken into saleable chunks, Hyundai/Kia could become the third largest – up from 11th spot just a decade ago. The big question now is how long it will take to get Chinese and Indian representation within the top 10.
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