If all the world's motor vehicles were lined up bumper to bumper, they would circle die globe 120 times, ac- cording to the 2007-2008 World Motor Vehicle Market Report, which is produced annually by the Overseas Automotive Council (OAC), the international market division of the Motor and Equipment Manufacturers Association (MEMA).
According to the Report, the world's motor vehicle population reached 789.8 million units is 2005, an increase of 52.6 million, or 7.1%, from the number of vehicles in use in 2004. The world's population in 2005 was estimated at 6.4 billion, which equates to approximately eight persons for every vehicle in the world.
Now in its 76th edition, the 2007-2008 World Motor Vehicle Market Report illustrates the continued expansion of the global economy through the increasing motor vehicle population. In addition to world vehicle markets, the Report
features in-depth analysis and coverage of vehicle production and assembly, vehicle census summary, U.S. motor vehicle parts trade worldwide and world trade in new vehicles.
Copies of the Report can be ordered online ($75 for members of OAC, MEMA and its market segment associations, $200 for nonmembers) at the publications section of the MEMA website, www.mema.org, or by e-mailing publications@mema.org.
Copyright Hearst Business Publishing Sep 2007
Provided by ProQuest Information and Learning Company. All rights Reserved
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