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Is automotive sector IPO moving into top gear?

Mike Allen of Zeus Capital takes a look at the way automotive sector IPO is beginning to take hold on a global scale

The global automotive sector, which saw international car sales reach 74.02 million units in 2014, is consistently growing with population increases and the demand for new vehicles.

Last year, global car production hit in excess of 60 million units, led by Toyota, General Motors (GM) and Volkswagen (VW). 2014 was dubbed ‘the year of the IPO’, so it comes as a surprise that the public markets have been fairly inactive in terms of automotive transactions.

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