AS PLC Section 1

AS PLC Section 1

1. At the end of 2011 the announced its best sales figures ever.

2. BRIC- Brazil, Russia, India and China

3. Cars sold well in the BRIC countries in this year

4. The increase of sales was put down to the continued growth in these developing economies which have seen a strong rise in employment.

5. Cars are expensive and, because only a limited number are produced, they are seen as 'special'.

6. AS PLC cars are seen to be expensive and exclusive and buying these is a way in which the rich in the BRIC countries can 'show off' their wealth.

7. The sales and profits of AS PLC also rose in the UK, but not by as much as in the BRIC countries.

8. The UK economy was experiencing very slow growth in 2011.