2014-01-29 08:25:01 - Automotive Manufacturing - BRIC (Brazil, Russia, India, China) Industry Guide - a new market research report on companiesandmarkets.com
Brazil, Russian Federation, India and China (BRIC) are the emerging and fast growing countries within the automotive manufacturing industry and had a total market value of $461.3 billion in 2012. India was the fastest growing country with a CAGR of 15% over the 2008-12 period.
Within the automotive manufacturing industry, China is the leading country among the BRIC nations with market revenues of $269.7 billion in 2012. This was followed by Brazil, India and Russia with a value of $74.3, $70.3, and $47.0 billion, respectively.
China is expected to lead the automotive manufacturing industry in the BRIC nations with a value of $460.8 billion in 2017, followed by Russia, India, Brazil with expected values of $135.4, $127.0 and $124.8 billion, respectively.
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