Winning the 'last frontier'

Consultancy says the big opportunities are not BRIC

Chinese automakers should set their eyes on emerging markets other than BRIC countries to find feasible opportunities in their globalization ambitions, said the Boston Consulting Group.

The company's recently released report said rising automotive markets other than the quartet of Brazil, India, Russia and China "offer the last great growth opportunity" in a world where established markets are stagnating and key market shares have already been claimed in BRIC countries.