The global automotive industry is in a state of flux with markets like India and China driving growth. The annual sales figures in more mature markets are now at pre-recession levels, signaling a new beginning for this sector. However, this transformational phase is also laden with subtle uncertainties. The biggest challenge that the industry needs to overcome this year is the unevenness of the global markets resulting from turmoil in stock market levels, license restrictions on new vehicles, stringent emission controls and so on