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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Zeev Hed who wrote (21331)1/12/2002 10:23:45 AM
From: orkrious  Read Replies (1) of 99280
 
What is the average yearly car demand per year worldwide, my guess 50 MM, what is the current car production capacity?

Zeev, two articles in today's Detroit Free Press said the world's auto capacity is 50 million units and current sales (not too far from the peak) are 40 million units. Ford's capacity is 5.7 mil units per year, yet they have NEVER sold more than 4.8 mil units per year. (Talk about bad management.)

I read somewhere else that the auto slowdown in 2002 isn't going to help the chip companies. Autos consume a great deal of chips.
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