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Industry needs “equal of 170 extra assembly plants” to meet global demand in 2020

Max Pemberton's newly updated long-term forecast report forecasts that more than 1.5 billion vehicles will be sold in the next 17 years, with global annual vehicle sales running at 100 million by 2020.

This means that a company with a 10% worldwide market share and sales of 5.8 million vehicles in 2000 will need to produce 10 million vehicles to maintain that market share in 2020. The extra manufacturing capacity necessary to do this on a global basis is the equivalent of 170 plants capable of turning out 300,000 units a year. See: http://www.autelligence.com.

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