PODCAST: Growing wealth gap impacts the automotives market

Author: Mark Victory


LONDON (ICIS)--Click here to listen to Europe managing editor William Lemos discuss the growing wealth gap and the implications for the automotive market with Mark Victory, editor of the automotive report.

The automotive industry is a major global consumer of petrochemicals which contributes more than a third of the raw material costs of an average vehicle. ICIS tracks the movement of petrochemical raw material costs in auto production both globally and regionally with the weighted ICIS Basket of Automotive Petrochemicals (IBAP).

ICIS produces a monthly Global Automotive report covering the major automotive chemicals markets, the auto-industry, the IBAPs and macroeconomic trends. For more information on the report and details on how to subscribe, please click here