New vehicle sales remain strong in Bahrain, although they have eased slightly, from 22% annual growth over H114, to 17% annual growth over 8M14. This still takes year-to-date sales to the 42,266 unit mark. For the full-year, BMI is maintaining its view of sales growth in the region of 14.5%, taking full-year new vehicle sales to the 63,300 mark.
Although we believe that passenger cars will continue to account for the lion's share of new vehicle sales within Bahrain, the news in November 2014 that German commercial vehicle manufacturer MAN Truck and Bus has been awarded a contract to supply 127 new buses to Bahrain's Ministry of Transport is a reminder of the opportunities that also exist within Bahrain's commercial vehicle segment.
The contract was awarded to MAN as part of the Kingdom's plan to enhance its public transport network from 2015 onward. As the country already ranks highly among its GCC peers in BMI's Logistics Risk Index for both the Quality of Transport and Extent of Transport categories, we believe that successfully implementing the project will keep Bahrain outperforming for the foreseeable future.
MAN will supply 88 Midi buses and 39 city buses through local distributor AMA Motors, which will also benefit from the project by continuing to provide training, parts and maintenance after the buses have entered service. As well as being used around the city, the buses will be used for airport transfers, tying in with another government project to modernise Bahrain International Airport. This falls under the government's BHD8.29bn (USD22bn) fund to be spent on infrastructure projects over the next four years, as announced by the Minister of Transport and acting CEO of Bahrain's Economic Development Board, Kamal bin Ahmed in October.
MAN is well placed to capitalise on these projects on a number of levels. As well as supplying buses for the transport system, the company can also target the related construction projects with its trucks. Indeed, the...
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.
- 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.
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.
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