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Algeria Autos Report

Algeria Autos Report

Pub date:12 Aug 2015

The near-term outlook for Algerian new vehicle sales has become even more negative over the past quarter, partly as a result of new vehicle import regulations introduced in April 2015 that have reduced the amount of ...
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Angola Autos Report

Angola Autos Report

Pub date:17 Jul 2015

Despite its small overall market size and large informal sector, we are optimistic about the Angolan automotive industry's future. Passenger car sales in Angola increased 37.8% in 2014, to 39,938 units, due to strong private consumption in ...
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Argentina Autos Report

Argentina Autos Report

Pub date:17 Aug 2015

BMI remains bearish on the outlook for the Argentine autos sector in 2015 and we forecast of an 8.0% decline in vehicle sales for the year. Following the 36.3% fall in vehicle sales in 2014, we believe further drags ...
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Australia Autos Report

Australia Autos Report

Pub date:19 Aug 2015

Australian new vehicle sales continue to power ahead, in line with BMI's expectations. Over the first seven months of 2015, there were a total of 670,735 new vehicles sold in Australia, representing a 3.2% increase y-o-y. Looking ...
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Bahrain Autos Report

Bahrain Autos Report

Pub date:18 Jun 2015

This quarter, BMI maintains its view that new vehicle sales growth will slow over 2015. We continue to target a still-healthy 6.5% sales growth for the current year, down from the very strong estimated 14% growth seen over 2014. ...
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Bangladesh Autos Report

Bangladesh Autos Report

Pub date:10 Aug 2015

Over the first five months of 2015 (most recent data available as this report was being compiled), a total of 21,438 vehicles were sold in Bangladesh. Breaking down the headline figure, passenger car sales (jeeps, private passenger ...
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Belgium Autos Report

Belgium Autos Report

Pub date:21 Aug 2015

Belgium has historically been a significant production hub for the European market. However, falling car sales across Europe, coupled with the availability of cheaper production sites in Eastern Europe, mean that global automakers (such as ...
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Botswana Autos Report

Botswana Autos Report

Pub date:24 Jul 2015

The latest data released by the Central Statistics Office in Q414 show total vehicle sales, comprising both new and used vehicles, growing by 4.7% year-on-year in Q414 to 11,211 units. The slower rate of growth highlights the ...
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Brazil Autos Report

Brazil Autos Report

Pub date:17 Aug 2015

Due to Brazil's worsening macroeconomic outlook, BMI forecasts a 24.1% drop in vehicle sales in 2015 followed by weak 1.4% growth in 2016, as declines in the passenger car segment are outpaced by stronger declines in the commercial ...
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Bulgaria Autos Report

Bulgaria Autos Report

Pub date:24 Aug 2015

We forecast that the slowdown in vehicle sales growth seen in 2014 will intensify in 2015, and forecast growth of just 1.1% to 20,583 units. Owing to our Country Risk team's bearish macroeconomic outlook for Bulgaria, we also ...
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Cambodia, Laos and Myanmar Autos Report

Cambodia, Laos and Myanmar Autos Report

Pub date:10 Aug 2015

The common theme in Cambodia, Myanmar and Laos is that used vehicles make up the overwhelming majority of their auto markets. The low GDP per capita of these economies makes it difficult for consumers to ...
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Cameroon Autos Report

Cameroon Autos Report

Pub date:06 Aug 2015

A number of barriers exist to investment in Cameroon, including a weak business environment and a much smaller new-vehicle market relative to regional neighbours. However, a developing middle class and expectations for growth in fixed ...
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Canada Autos Report

Canada Autos Report

Pub date:04 Jun 2015

In the light vehicle segment, we maintain our view that light truck sales will continue to outperform passenger car sales in 2015, in a total market set to grow 2.7%. This is borne out by data for 4 ...
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Central America Autos Report

Central America Autos Report

Pub date:17 Aug 2015

BMI View: The outlook for the autos industry in the Central Americas region in 201 5 is modest, with tepid sales growth expected in some markets, but contractions likely in others. This is broadly in line with ...
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Chile Autos Report

Chile Autos Report

Pub date:28 Oct 2014

Vehicle sales in Chile increased 15.0% year-on-year (y-o-y) in the first eight months of 2013, to 242,257 units. BMI forecasts a 10% increase over the course of the year. We expect sales to moderate somewhat in the latter part ...
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China Autos Report

China Autos Report

Pub date:10 Aug 2015

According to the China Association of Automobile Manufacturers, auto sales in June 2015 declined 2.3% y-o-y to 1,803,100 units, bringing sales for H115 to 11,854,900 units, an increase of 1.5% y-o-y. We have downgraded our 2015 sales growth forecast to 3.9% as ...
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Colombia Autos Report

Colombia Autos Report

Pub date:17 Nov 2014

BMI forecasts vehicle sales in Colombia to increase 6% in 2014 on the back of steady improvements in the economy and low base effects from declining sales in 2013. We expect this positive momentum to continue into 2015, predicting ...
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Cote d'Ivoire Autos Report

Cote d'Ivoire Autos Report

Pub date:07 Aug 2015

According to Renault Group, total industry auto sales in Cote d'Ivoire rose 17.6% in 2014, to 7,558 units. As of June 2015, total autos sales came in at 4,710. We therefore maintain our 2015 sales forecast of 6.0%, which will see ...
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Croatia Autos Report

Croatia Autos Report

Pub date:09 Dec 2014

2014 has proved a very positive year for new passenger car sales within Croatia. Indeed, it has marked the first year since the financial crisis when a long period of pent-up demand for new vehicles within ...
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Czech Republic Autos Report

Czech Republic Autos Report

Pub date:19 Jun 2015

Vehicle sales in the Czech Republic increased 15.9% year-on-year (y-o-y) in 2014, to 215,594 units. This is commensurate with our bullish view on export-led manufacturing growth filtering through to the car market via its positive effects on private ...
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