Study Shows GM and VW Best Positioned In Emerging Markets

General Motors Co and Volkswagen are best positioned in the largest and fastest-growing emerging markets at a time when auto sales in those countries could grow over 40 percent by 2014, a study released on Thursday said.
There were an estimated 19 million car sales on a combined basis in China, Brazil, India and Russia in 2009, accounting for 30 percent of global auto sales, estimated at 62 million units last year, the Boston Consulting Group study said.
Auto sales in those four countries would grow between 4 million and 8 million units in the next five years to reach up to 27 million units in 2014, when global auto sales are projected at 78 million to 87 million units, the study said.
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