AUTO INDUSTRY PROJECTIONS What executives say
Some key findings from KPMG LLP's fourth annual global survey of 100 automotive executives. Nearly one-third of executives said they expect industry profitability to return by 2005 at the earliest.
52 percent expect global market share for U.S. automakers to decrease over the next five years.
55 percent said fuel cells were an important product innovation, down from 64 percent last year.
29 percent expect California's new emissions standards to be adopted nationwide over the next five years.
63 percent expect an increase in the number of new car purchases negotiated and completed on the Internet over the next five years.
66 percent said Asia -- China in particular -- will become a major source of growth in the global demand for autos.
85 percent said labor costs will increase in the next five years; 16 percent said unions would become stronger.