FT front-pager.
Brazilians per car sat at 9.1 in 1997 and is expected to drop to just 4.3 by 2014, meaning by then everybody ought to be able to fit in a vehicle!
VW, GM and Fiat all with about 1/5th shares, Ford at 1/10th.
When Brazil passes Germany (possibly this year), it'll be:
- China
- US
- Japan
- Brazil
- Germany.
GM expects 5% annual growth for next five years, with some thanks due to World Cup 2014 and Olympics 2016--the kind of things that define New Core membership along with lots more cars.