US light vehicle sales in November remained on course to meet BMI's forecast of 8.2% growth to 15.68mn units for 2013. Thanksgiving promotions and a weekend to end the sales month contributed to growth of 8.9% year-on-year (y-o-y), taking 11M13 growth to 8.4%. BMI believes this is likely to be the last year of such substantial growth, however, as the market gets nearer to its natural 16mn units mark and the first signs of inventory build-up pose a risk to growth in 2014.

BMI Industry View 7

SWOT 8

Political 9

Economic 10

Business Environment 11

Industry Forecast 12

      Table: US Automotives Historical Data And Forecasts 12

      Production Investment 13

      Table: North American Production Investments, Sep-Oct 2013 14

Passenger Vehicles 15

      Table: US Automotives Historical Data And Forecasts 15

      Longer-Term Risk 17

      Competitive Landscape 20

      Table: US Top 10 New Light Vehicle Sales (CBUs) 20

      Production 21

      Financing 24

      Technology 28

Commercial Vehicles 30

      Table: US Automotives Historical Data And Forecasts 30

      Segment Trends 33

Macroeconomic Forecast 36

Economic Activity 36

      Table: US - GDP By Expenditure 43

Industry Risk Reward Ratings 45

      Table: Latin America Risk/ Rewards Ratings 47

Company Profile 48

Company Monitor 48

General Motors (GM) 51

Chrysler 53

Ford Motor 54

Johnson Controls 56

Regional Overview 57

Global Industry Overview 61

Demographic Forecast 65

Demographic Outlook 65

      Table: The United States' Population By Age Group, 1990-2020 ('000) 66

      Table: The United States' Population By Age Group, 1990-2020 (% of total) 67

      Table: The United States' Key Population Ratios, 1990-2020 68

      Table: The United States' Rural And Urban Population, 1990-2020 68

Methodology 69

Industry Forecasts 69

Sector-Specific Methodology 70

Sources 70

Risk/Reward Ratings Methodology 71

      Table: Automotive Risk/Reward Ratings Indicators And Weighting Of Indicators 72

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