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That is the suggestion of a study conducted by Strategic Vision, a marketing research and industry forecasting firm.
One industry forecasting service projected an installed base of 27 million units by 1988; another predicted 28 million units by 1987.
So here's one man's raw, naked prediction: "I'm not being totally facetious when I say that business travel will be just as awful as it is today," said Mr. Boyd, the president of Boyd Group International, an industry forecasting company.
However, through September, G.M. held 28.2percentt of car and light truck sales in the United States, up about one-tenth percentage point from 2001, according to figures from Autodata, an industry forecasting firm in Woodcliff Lake, N.J.
With a median age of just under 25 and a rapidly expanding middle class, India will overtake China next year as the fastest-growing car market, according to estimates by CSM Worldwide, an auto industry forecasting service.
Only 12percentt of customers who have purchased Detroit's vehicles this year were replacing a Japanese or European vehicle, according to data from AutoPacific Inc., an industry forecasting firm in Tustin, Calif.
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Most industry forecasts have been far more conservative.
Sales rose 6.7percentto to $18.2 billion, beating industry forecasts.
Honeywell released its annual industry forecast at the convention, which continues through Wednesday.
It is the first time the company has revised an annual communications industry forecast.
G.M. is still holding to its industry forecast of 15.7 million vehicles for the year.
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