SOURCE: GlobalAutoIndustry.com

GlobalAutoIndustry.com

September 12, 2010 21:04 ET

GlobalAutoIndustry.com Online Seminars on September 14 & 15 to Focus on U.S. and Mexico Automotive Sales and Production Outlook

TROY, MI--(Marketwire - September 12, 2010) -  GlobalAutoIndustry.com, a unique marketplace for intelligence and resources for the global auto industry, today announced two Online Seminars presenting the outlook for the U.S. and Mexican automotive industries. The two Online Seminars will take place online on September 14 and 15, and will be viewable via live webcast via the Internet around the world.

The one-hour events will feature George Magliano, Director of Automotive Industry Research, North America with IHS Global Insight. After the presentation, attendees will be able to ask questions directly to George Magliano via a 'live' interactive Q&A session.

The two separate Online Seminars will cover these topics:

September 14: "The U.S. Auto Outlook: The Transformation of the U.S. Auto Industry - The Big Picture"

10:00AM-11:00AM Detroit time (EDT) / 16.00-17.00 hrs. Brussels time / 22.00-23.00 hrs. Shanghai time

The recession in the U.S. ended twelve months ago, unfortunately the recovery has been painfully slow. Housing remains in the doldrums, job growth anemic and unemployment extremely high. Bottom line -- recovery in U.S. light vehicle sales has been mired in the doldrums.

Join us for the latest outlook and thinking from IHS on the U.S. economy and auto industry. Forecasts of the economic sectors crucial to the auto sector -- housing, employment, credit, consumer spending -- will be discussed. The latest forecast for light vehicle sales and production will be analyzed, along with trends in manufacturer market share, performance and segmentation.

The Online Seminar guest presenter is George Magliano, Director of Automotive Industry Research, North America with IHS Global Insight.

September 15: "The Mexican Light Vehicle Outlook"

12:00-1:00PM Detroit time (EDT) / 18.00-19.00 hrs. Brussels time / 00.00-01.00 hrs. Shanghai time

The global recession took its toll on the Mexican economy and auto industry. Light vehicle sales and production fell by almost 30% last year. The recovery is now underway but the speed of the rebound will be different depending upon one's position in the auto chain.

Even before the recession, domestic demand, sales, struggled. Imported used cars and trucks and a lack of credit have hampered internal market growth in Mexico. On the other hand, light vehicle production, geared for export, mostly to the U.S., was booming before the downturn. Now that recovery has set in, Mexican production is red hot once again. Prospects for future growth remain very bright.

Join us for the latest outlook and thinking from IHS on the economy and auto industry. The latest forecast for light vehicle sales and production will be analyzed, along with trends in manufacturer market share, performance and segmentation.

The Company's past fourteen Online Seminars have been attended by executives from over 25 countries, thereby making this a truly global event.

Complete agenda and registration for this event, as well as a complete list of upcoming events are available at www.GlobalAutoIndustry.com

GlobalAutoIndustry.com events have received "excellent" or "very good" ratings from 94 percent of more than 5,500 executives who have attended the events.

About GlobalAutoIndustry.com
GlobalAutoIndustry.com provides information and resources to automotive executives responsible for their company's international development and operations. It manages an on-line community and marketplace for buyers and sellers of products, services and ideas vital to success in the global auto business, and connects experts with auto executives who need their services.

Monthly eJournals provide targeted information and insight on doing business in foreign automotive markets, Conferences and Online Seminars provide valuable learning opportunities, and GlobalAutoIndustry.com Solutions provide effective international answers to suppliers' global business and operational needs. The Company's eJournals, including CHINAtalk, ASIAtalk, EUROtalk, AMERItalk, LATINtalk, GLOBALtalk HR and GLOBALtalk Sourcing editions, now reach over 25,000 automotive supplier subscribers worldwide.

Contact Information

  • Media contact:
    Ron Hesse
    President & CEO
    GlobalAutoIndustry.com
    Email Contact
    Tel: +1.248.687.1060
    Fax: +1.248.927.0347
    HCI Group, Ltd.
    101 W. Big Beaver Road, Suite 1400
    Troy, MI 48084