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Downturn nearing an end, auto report says

The global automotive industry is nearing the end of a massive restructuring period and now will become more focused on growth, profits and environmentally friendly vehicles, according to the annual Auto Executive Survey by KPMG LLC, to be released today, according to the Detroit Free Press.

This year's survey, based on interviews late last year with 113 senior executives at vehicle manufacturers and suppliers worldwide, found executives much more confident than in the recent past about the outlook for the near term.

Posted by Peter C. T. Elsworth  at 1:17 PM to Auto industry | Permalink

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