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IHS Acquires CSM Worldwide

March 17, 2010 - IHS has acquired CSM Worldwide, a leading automotive market forecasting firm dedicated to providing automotive suppliers with market information and production, powertrain, and sales forecasting.

CSM's strengths in the supplier market, production and powertrain analysis, and North American and Asian customer markets are highly complementary to services provided by IHS. IHS Global Insight's Automotive Group provides industry analysis, forecasts, data, and consulting services for manufacturers, component suppliers, financial organizations, transportation companies, and government departments. The combined talent, technology, and vision of IHS and CSM Worldwide colleagues will lead to enhanced and expanded products and services, resulting in a superior experience for clients.

"Becoming a part of IHS creates tremendous opportunity and allows us to leverage the experience and expertise of both organizations to better serve our customers around the world," said CSM Worldwide founder, president, and CEO Craig Cather, who will direct the combined automotive forecasting and analysis operations of CSM and IHS. "Our combined automotive forecasting business will offer clients unparalleled intelligence related to the global automotive market."

About CSM Worldwide

CSM Worldwide provides trusted automotive market forecasting services and strategic advisory solutions to the world's top automotive manufacturers, suppliers, and financial organizations. More than 85% of the world's top automotive OEMs and suppliers subscribe to CSM for their forecasting needs and strategic planning. With offices around the world focusing on the automotive OEM environment, CSM delivers comprehensive global analysis based on detailed local market intelligence. The company's core services include the Vehicle Production Forecast Service, Vehicle Sales Forecast Service, Powertrain Forecast Service, Supply Chain and Technology Forecast Service, and Advisory Service.

CSM Worldwide was established in 1991 and has offices in Detroit, Frankfurt, London, Paris, Shanghai, Tokyo, Delhi, Bangkok, and Seoul.

Press Release

For the full text of the official news release, click here.

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