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Automotive-Executive Optimism on the Rise

Automotive-Executive Optimism on the Rise

Thursday, January 10, 2008
 
The number of automotive executives worldwide predicting an increase in global profits over the next five years rose from 16 percent two years ago to 26 percent, according to a new annual survey conducted by the accounting advisory firm KPMG LLP. The number predicting a decline in profits dropped from 28 percent 2 years ago to 14 percent. KPGM interviewed 113 executives from 11 countries, including the United States, Canada, India, China and Japan. Other findings: 86 percent of the executives believe that quality would be a leading factor influencing consumer purchase decisions, followed by fuel efficiency (84 percent), safety (70 percent) and affordability (69 percent). Learn more at www.us.kpmg.com.

 

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