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Most industry forecasts have been far more conservative.
Sales rose 6.7percentto to $18.2 billion, beating industry forecasts.
CSM provides automotive consulting services and industry forecasts to 85percentt of the world's automakers and suppliers.
Costs almost always turn out to be more manageable than industry forecasts, and new investments can mean more jobs, not fewer.
Still, incomes keep rising and cars are selling at a pace that may make July the best sales month of the year, according to industry forecasts.
First, there's pessimism – evident in bleak industry forecasts right, left and centre based on the current state of the trade, in its worst shape in living memory.
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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.
That is the suggestion of a study conducted by Strategic Vision, a marketing research and industry forecasting firm.
Airbus and Boeing deliveries may fall 30percentt in the next year as carriers worldwide trim capacity, according to a coming industry forecast.
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