We retain our outlook that, despite a slow start in Q114, macroeconomic conditions are largely favourable, and we expect further growth in light vehicle sales, albeit slightly slower at 3.6%, to be achievable in 2014, taking the market back to 16mn units for the first time since 2007. We expect light trucks to continue to outperform the car segment, led by a slew of new product launches.

BMI Industry View 7

SWOT 8

Political 9

Economic 10

Business Environment 11

Industry Forecast 12

      Table: Autos Total Market - Historical Data And Forecasts (United States 2012-2018) 12

      Production Investment 13

      Table: North American Production Investments, Feb-May 2014 14

Passenger Vehicles 15

      Table: Passenger Car Market - Historical Data And Forecasts (United States 2012-2018) 15

      Competitive Landscape 17

      Table: US Top 10 New Light Vehicle Sales (CBUs) 17

      Table: US Top 10 New Light Vehicle Sales (CBUs) 18

      Production 19

      Alternative Fuels - Investment 20

      Alternative Fuels - Consumption 23

      Dealers 27

Commercial Vehicles 29

      Table: Commercial Vehicle Market - Historical Data And Forecasts (United States 2012-2018) 29

      Table: Class 4 Truck Sales By Brand 31

      Table: Class 5 Truck Sales By Brand 31

      Table: Class 6 Truck Sales By Brand 32

      Table: Class 7 Truck Sales By Brand 32

      Table: Class 8 Truck Sales By Brand 33

Macroeconomic Forecast 34

      Table: United States - Gdp By Expenditure 40

Industry Risk Reward Ratings 42

Americas - Risk Reward Ratings 42

      Table: Americas Autos Risk Reward Ratings 44

Company Profile 45

Industry Trend Analysis 45

General Motors (GM) 48

Chrysler 50

Ford Motor 51

Regional Overview 53

Americas Overview 53

Global Industry Overview 58

      Table: Passenger Car Sales March 2014 58

European Growth Gathers Momentum 58

Japan Prepares For Tax Fallout 60

China Wobble Adds To BRIC Weakness 61

Demographic Forecast 64

      Table: The United States' Population By Age Group, 1990-2020 ('000) 65

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

      Table: The United States' Key Population Ratios, 1990-2020 67

      Table: The United States' Rural And Urban Population, 1990-2020 67

Methodology 68

Industry Forecasts 68

Sector-Specific Methodology 69

Sources 69

Risk/Reward Ratings Methodology 70

      Table: Automotive Risk/Reward Ratings Indicators And Weighting Of Indicators 71

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