News Archive | Go-on Group Business Development
20 Jul

Oil&Gas vs Automotive

2016 is strongly characterized by the low of oil price due to several economic reasons, starting from political issues to technological evolutions.

But, contrary to what happens in Oil and Gas market there are other business, automotive for example, which are “using” actual oil price level to relaunch themselves recovering the attractiveness lost in last years.

By 2020 global profit for automotive OEM are expecting to rise by almost 50%. The new profits will come mainly from growth from emergent markets and, to extend to the US.

(Source McKinsey)

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