Honda Can Rebuild With BRICs, Take Stock To $34
International vehicle sales have been increasing steadily in past two years with the recovery in global economic crisis and booming international economies, especially in the BRIC countries. Auto industry trends reveal that emerging markets such as Brazil, Russia, China and India markets will account for 90% of global auto sales growth as they are backed by their huge population growth rate and rising middle class income levels. Other factors that make the BRIC countries attractive are strong car market penetration, increasing urbanization, strong domestic consumption levels, and infrastructure development.
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