2013 Global Automotive Executive Survey

Notable market growth among BRIC countries and other emerging markets is a predominant trend in this year's survey according to nearly 86 percent of respondents to a recent KPMG report, Managing a Multidimensional Business Model, which is based on a survey of 200 auto executives from 31 countries.

In fact, an average of nearly 6 out of 10 respondents say they will increase their investments in the BRICs which are expected to account for nearly 50 percent of all global vehicle sales by 2018. China is the first choice for investment, followed by India, Russia and Brazil. "South Africa has for the first time also been highlighted as an investment destination" said Gavin Maile, KPMG's Africa Head of Automotive. "This is a direct result of the government's commitment to retain, support and grow the existing manufacturers and component suppliers operating in the country via the new Automotive Production and Development Programme".