In response to the government's ongoing austerity as a result of lower oil prices, we have revised down our total vehicle sales forecast to a contraction of 23.7% in 2016, led by a 25 .0 % drop in passenger car sales, while commercial vehicle sales will fall 12.9%.
Key Views
The commercial vehicle segment will outperform over 2016 as heavy vehicle demand remains strong against a backdrop of ongoing robust levels of construction activity.
We believe the planned introduction of VAT in 2018 will prompt consumers to buy greater numbers of new passenger cars in 2017 before the tax is implemented.
Full Report Details at
- http://www.fastmr.com/prod/1188083_brazil_agribusiness_report_q3.aspx?afid=301
We see opportunities at the lower end as consumers look to downsize, and also at the premium end, where more affluent consumers are less impacted by economic conditions.
The Bahrain Autos Report features the latest data and forecasts covering production, sales, imports and exports.
BMI Research's Bahrain Autos Report provides industry professionals and strategists, corporate analysts, auto associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the automotives market in Bahrain.
Key Benefits
Benchmark BMI's independent automotives industry forecasts on Bahrain to test other views - a key input for successful budgetary and planning in the Bahraini automotives market.
Target business opportunities and risks in the Bahraini automotives sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Bahrain.
Assess the activities and market position of your competitors, partners and clients via our Competitive Landscape Analysis.
Coverage
BMI Industry View
Summary of BMI’s key industry forecasts and views, covering production, sales and the introduction of new technology or products.
Industry SWOT Analysis
Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the autos sector and within the broader political, economic and business environment.
BMI Industry Forecasts
Historic data series and forecasts to end- 2019 for all key industry indicators (see list below), supported by explicit assumptions plus analysis of key downside risks to the main forecast, including:
Sales and production of motorcycles in units; total production of units; production by vehicle type (including cars, commercial vehicles, trucks and buses); total vehicle fleet size in units; sales by vehicle type, including passenger cars and commercial vehicles; fleet size by vehicle type, including passenger car, commercial vehicles and motorcycles; total vehicle trade balance in units; vehicle trade balance by vehicle type, including passenger car, commercial vehicle and motorcycle; car ownership measured as car density per 1,000 people.
BMI’s Autos Risk Reward Index
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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001