Social dialogue and recession in the automotive sector: a global perspective
This analysis of recent developments in the automotive sector in the countries covered by this report seems to support the idea that the sector’s expansion will – in the medium term – depend on the growth of emerging markets (Brazil, China and India). In these countries, the potential for growth in the automotive market is high and government support initiatives do not necessarily encourage the replacement of older vehicles, as is often the case in the mature, saturated Western markets. In emerging economies, public support tends to favour the development of the overall market and this means that the potential negative medium-term consequences of support schemes are not likely to materialise in these markets. A report focusing on 8 EU countries is also available.