Press release

February 9, 2011

Exclusive survey: the steep rise flattens out

Automotive suppliers between euphoria and skepticism

In 2010, global automobile production rose to a level that market researchers would not have expected until 2014 at the earliest - but how long will this success last? The trade journal "Automobil Industrie" exclusively asked renowned suppliers about their forecasts for 2011.



The number one source of hope for production growth is a recovering North American market and China. Franz Fehrenbach, head of industry leader Bosch, expects "stable, albeit slower growth".



Despite all the optimism, the wave of consolidation predicted by some augurs for 2009 has yet to materialize. According to Boysen Managing Director Rolf Geisel, the changes of the recent past make it impossible to speak of a "genuine wave of consolidation". Dr. Bernd Welzel, CEO of the Fehrer Group, is clearer: "In the context of the financial and economic crisis, the overdue market shakeout has not taken place in Europe - in contrast to the USA. There is still overcapacity, which is further intensifying the price war within the competition." Further consolidation is therefore quite possible.



More forecasts for 2011 in the February issue of "Automobil Industrie". You can order a free sample copy at: pressestelle@vogel.de.



"Automobil Industrie" is aimed at management in the automotive business. The monthly trade magazine has a circulation of around 10,000 copies and has been a must-read in the industry for over 50 years. Daily news from the entire automotive sector is available at www.automobil-industrie.de and in the regular online newsletter. The parent company Vogel Business Media is one of the leading German providers of specialist information with around 100 trade journals and 60 websites as well as numerous international activities. Its headquarters are in Würzburg. The company celebrates its 120th anniversary in 2011.

Your contact person

Gunther Schunk

Corporate Communications
Vogel Communications Group GmbH & Co. KG

 

Phone: 0931 418-2245
E-mail: info@vogel.de

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WIADOK GmbH & Co. KG
Am Speicher 2
49090 Osnabrück
Phone: +49 571 38651-0
Fax: +49 571 38651-499
info@wiadok.de
www.wiadok.de
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Vogel Ventures
Leipziger Str. 126
10117 Berlin
Phone: +49 931 418-0
Fax: +49 931 418-2100
www.vogel.de/ueber-uns/ventures
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Vogel Event Solutions GmbH
Max-Planck-Str. 7/9
97082 Würzburg
Phone: +49 931 418-2555
Fax: +49 931 418-2850
www.vcc-wuerzburg.de
www.vogel.events

Vogel Corporate Solutions GmbH
Max-Planck-Str. 7/9
97082 Würzburg
Phone: +49 30 890 481-0
www.vogel-corporate.solutions

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schoesslers GmbH Berlin
Leipziger Str. 126
10117 Berlin
schoesslers GmbH Hamburg
Am Sandtorkai 41
20457 Hamburg

schoesslers GmbH Cologne
Gertrudenstraße 30-36
50667 Cologne

schoesslers GmbH Würzburg
Max-Planck-Str. 7/9
97082 Würzburg

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MEORGA GmbH
Jakobstrasse 1a
66763 Dillingen
www.meorga.de
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HRtbeat GmbH
Leipziger Street 126
10117 Berlin
Phone: +49 30 890 481 100
www.hrtbeat.com
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eviom GmbH
Schwanthalerstrasse 11
80336 Munich
Phone: +49 89 9982718-00
Fax: +49 89 9982718-99
www.eviom.com
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Data M-Services GmbH
Max-Planck-Str. 7/9
97082 Würzburg
Phone: +49 931 4170-01
Fax: +49 931 4170-499
www.datam-services.de
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Vogel Communications Group AG
Seestr. 95
8800 Thalwil
Switzerland
Phone: +41 44 722 77-00
www.vogel-communications.ch
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Beijing Jigong Vogel Media Advertising Co. Ltd.
Zone A of floor 3, Building two, No. 22 of Baiwanzhuang, Xicheng District
100037 Beijing, PR China
www.vogel.com.cn
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WIN-Verlag GmbH & Co. KG
Chiemgaustraße 148
81549 Munich
Phone: +49 89 3866617-0
info@win-verlag.de
www.win-verlag.de

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Vogel IT-Medien GmbH
Max-Josef-Metzger-Str. 21
86157 Augsburg
Phone: +49 821 2177-0
Fax: +49 821 2177-150
www.vogel.de
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Vogel Communications Group GmbH & Co. KG
Max-Planck-Str. 7/9
97082 Würzburg
Phone: +49 931 418-0
Fax: +49 931 418-2100

Vogel Communications Group (VCG) is a leading provider of specialist communications and information with 790 employees and a turnover of around 100 million euros. The Group is represented in the represented at 9 locations in German-speaking countries, as well as internationally with a focus on China. VCG offers a group-owned agency network of 8 communication agencies and service companies. and service companies. It is represented by around 100 specialist media in the 5 economic sectors automotive, industry, information technology, law/economics/taxes and B2B communication/marketing. anchored. VCG offers 250+ services for professional and successful corporate communications services, 100+ digital platforms and communities as well as 300+ business events per year.
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IWW Institute for Knowledge in the Economy GmbH
Aspastrasse 24
59394 Nordkirchen
Phone: +49 2596 922-0
Fax: +49 2596 922-99

Münsterstr. 248
40470 Düsseldorf
Phone: +49 211 616812-11
Fax: +49 211 616812-77
www.iww.de