During recent years, America has relinquished its dominance in the world's automotive registrations. Now the combined areas “outside the U.S.A.”, known as “overseas”, possess a greater number of cars and trucks than contained within the United States. Projections up to 1975 indicate growth potentials in automotive registrations overseas will continue being greater than in the U.S.A.
The anticipated automotive growth overseas will necessitate maximum attention of qualified engineering personnel by which to achieve local content requirements. Local content requirements are very important to the automotive industry because they are the tool by which many governments control automotive imports and manufacturing.