Sun Sets on Global Convertible Car Market Growth as Niche Players Continue with New Models, IHS Says

Dateline City:
LONDON

Premium brands have led convertibles global market share since 2014; consumer preferences influence regional sales

LONDON--(BUSINESS WIRE)--The global convertible car market has peaked, according to new analysis by IHS Automotive, the leading global source of critical information and insight to the automotive industry and part of IHS,Inc. (NYSE: IHS). Based on its latest forecast and analysis, IHS reports the outlook for the global convertible car market will not return to record levels of 831,000 convertible sales experienced in 2004 during the next decade despite a raft of new model launches.

Language:
English
Contact:

IHS Inc.
Katarzyna Kosior, +44 (0) 20 8276 4796
katarzyna.kosior@ihs.com
or
Michelle Culver, +1 248-728-7496
michelle.culver@ihs.com
or
Press Team
+1 303-305-8021
press@ihs.com

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Ticker:
IHS
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NYSE

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