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CARNORAMA»Trends»Factors»Global Market Conditions

Global Market Conditions

Global Market Conditions

Automotive MIST (Mexico, Indonesia, South Korea and Turkey)

Automotive MIST

As automotive enthusiasm for the BRICs cools, the industry romances with a new emerging markets acronym, the MISTs (or MIKTs). Emerging automotive market investors have been deluged with a blizzard of catchy labels and acronyms. The automotive industry is looking for the next big thing beyond the four original BRIC nations; therefore new concepts such as MIST (Mexico, Indonesia, South Korea and Turkey) and Next 11 are formulated. Read more