Why car makers provide fuel for asset allocators

A feature of the post-crisis global economy is the apparent rude health of some parts of the auto sector, but how has this been achieved and how durable is it? Positive factors include burgeoning emerging market demand, such as for BMWs, Range Rovers and other luxury marques in China, and potential for demand to pick up in some developed economies. Pent-up demand is a feature in markets across the world, as a consequence of the slump in sales following the recession, although some of it may have been dealt with under the various scrappage schemes that brought forward purchases. US ...