CSM Worldwide announced today it has formed a strategic alliance with Feri Rating & Research GmbH to enrich the economic foundation of CSM's global automotive forecasts. Automotive decision leaders will now have unique access to the science of Feri’s economic and financial forecasting linked together with CSM’s robust automotive intelligence.
Feri provides CSM with the depth of a 75-person economic team that tracks and forecasts 170,000 data series across 79 countries, as well as the experience of an institute that has developed some of the most advanced economic databases and forecasting models in the world. CSM's global forecast will reach a new plateau through the integration of Feri’s economic data and analysis; new elements will be incorporated into the forecast such as exchange rate calculations, demographic and income cohorts, commodity price projections and wage data.
"Beyond supporting our forecast, we have plans with Feri to conduct joint research in the field of decision sciences, which is an exciting endeavor with large potential impact for strategic planning in the industry," said Craig Cather, CSM Worldwide president and CEO. "This alliance accelerates our expanding set of advisory services that help our customers apply forecasting in new ways to increase competitiveness."
Dr. Eberhard Weiss, CEO of Feri Rating & Research, said, "We are looking forward to working closely with CSM. The automobile industry is one of the most important industries worldwide for both developed and developing countries. CSM's detailed knowledge of this key industry will allow us to improve our analysis not only of the automobile industry, but also improve our understanding of the industries delivering goods and services to this sector. We are excited to be working with CSM to further expand our rating activities for both industry sectors and companies."
Feri Rating & Research GmbH is a well-known and established rating agency not only for different kinds of investment funds, but also for industry, country, capital market and real estate market ratings, covering both investment potential and specific risks in its economic analyses and forecasts. It is one of the largest economic research and forecasting institutes in Europe. Feri is based in Bad Homburg, Germany, near Frankfurt, and has additional offices in London, Paris, and New York. www.feri-research.com
CSM Worldwide provides trusted automotive market forecasting services and strategic advisory solutions to the world's top automotive manufacturers, suppliers and financial organizations. CSM Worldwide covers the global automotive environment from Detroit, Frankfurt, London, Paris, Tokyo, Shanghai, Grand Rapids, São Paulo, Budapest and Bangalore. www.csmauto.com
