Frost & Sullivan Discusses Low Cost Vehicles and Technologies - Lifeline for a Grim Market?
LONDON, Feb. 17, 2009 -- The Automotive & Transportation Group at Frost & Sullivan is pleased to announce its 2009 Quarterly Analyst Briefing Presentation on the Low Cost Vehicles and Technologies Market to be held on Wednesday, March 4, 2009 at 4.00 p.m. GMT.
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With the global recession and credit crisis further deepening the turmoil gripping the automotive market, OEM's and suppliers are increasingly looking at means to reduce the cost of components. Chassis systems account for 12 to 20 percent of the cost of a conventional car and are seen as an important area of cost cutting on low cost cars.
Highlights of the briefings include a snapshot of the market dynamics, a technical analysis of low cost chassis systems, a scenario analysis, the market forecast, and the cost benefit analysis of low cost chassis systems.
"Despite the global recession reducing the global sales volumes of Automobiles, the low cost car market is expected to see considerable growth in the next six to seven years topping at close to 8 million vehicles by 2014. It will be interesting to see who will be able to capitalize on this opportunity: Local suppliers and OEM's in emerging markets or the global suppliers and OEM's," says Research Associate, Niranjan Thiyagarajan.
This briefing will provide a top level overview of the major areas of cost cutting in low cost chassis systems. It will be of great insight especially to suppliers looking to enter low cost manufacturing regions. OEM's looking to enter the low cost car market will be able to get a benchmark of the chassis systems on low cost cars on a region wise basis.
To participate, please email Anna Anlauft at anna.anlauft@frost.com with the following information: your full name, company name, title, telephone number, e-mail, address, city, state and country. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.
GIL 2009: Europe
Frost & Sullivan has expanded its flagship Global Congress on Corporate Growth - GIL Global - into several major cities around the world including London. For the first time ever in Europe, Frost & Sullivan will be hosting the Growth, Innovation and Leadership Congress 'GIL 2009: Europe' on 19-20 May, at the Sofitel St James in London. GIL Global is the industry's only event designed to support senior executives in their efforts to achieve sustainable, top-line growth. To register, obtain a programme agenda, explore sponsorship opportunities, or attend as a member of the media for GIL 2009: Europe, please contact Anna Anlauft, Corporate Communications for Frost & Sullivan in Europe, at anna.anlauft@frost.com. One-on-One interviews with Frost & Sullivan senior growth consultants are also being scheduled. For more information you can also visit www.frost.com/giluk
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