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Algeria Autos Report

Algeria Autos Report

BMI View: This quarter, we retain our negative short-term outlook for the Algerian new vehicle sales market. We do not see this market returning to its 2012 high (of over 450,000 units sold) any time soon. Passenger ...
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Angola Autos Report

Angola Autos Report

BMI View: Vehicle sales will continue to decline in 2017 as elevated inflation rates and high borrowing costs weigh on both passenger car and commercial vehicles sales . As a result, we forecast total vehicle sales to ...
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Argentina Autos Report

Argentina Autos Report

BMI View: Argentina's strong recovery in sales to dealerships in 2016 will make way to more sustainable sales growth in 2017 driven by favourable macroeconomic fundamentals including rising business investment, falling unemployment and a stable currency. ...
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Asia Autos Report

Asia Autos Report

BMI View: Asia will show steady growth in vehicle sales in 2017, with our forecast of 3.0% showing the smallest slowdown from 3.1% estimated for 2016. Vietnam and the Philippines will remain the fastest growing markets, but positive growth ...
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Australia Autos Report

Australia Autos Report

BMI View: We are targe ting further growth for the Australian new vehicle sales market in 2017 , although the rate of growth will ease slightly from 2016's levels . We anticipate growth of 2 .0 %, with commercial vehicles (5.5%) to ...
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Austria Autos Report

Austria Autos Report

BMI View: Vehicle sales growth over the remainder of our forecast period will be slower than 2016 and 2017, as the income benefits of the government's tax reforms have manifested in the new sales market in 2016. ...
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Bahrain Autos Report

Bahrain Autos Report

BMI View: F or 2017, we hold a cautiou sly-optimisti c outlook on the Bahraini new vehicle sales market. We are presently targeting 5.7 % growth for the sector , with passenger cars (6 . 3%) to outperform commercial vehicles (3.1%). Passenger Car ...
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Bangladesh Autos Report

Bangladesh Autos Report

BMI View: For 2017, we are forecasting a 10.7% increase in new vehicle sales, to just below 72,000 units. We expect commercial vehicle sales (+14.9%) to outperform passenger car sales (+5.0%). Passenger Car and Light Commercial Vehicle Sales (2014-2020) f = ...
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Belgium Autos Report

Belgium Autos Report

BMI View: For 2017, we continue to forecast a 4.7% rise in new vehicle sales, to above the 650,000 unit mark. We expect CV sales (+5.9%) to outperform PC sales (+4.5%). Passenger Car And Light Commercial Vehicle Sales (2015-2021) f = ...
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Botswana Autos Report

Botswana Autos Report

BMI View: Strong private consumption levels coupled with low inflation and low interest rates will support passenger vehicle sales in 2017. The commercial vehicle segment will receive a boost from the governments drive to diversify the ...
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Brazil Autos Report

Brazil Autos Report

BMI View: We forecast a 2.1 % expansion in vehicle sales in Brazil in 2017, marking a recovery after four years of sales declines . Political stability after President Dilma Rousseff's impeachment has improved consumer sentiment which will ...
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Bulgaria Autos Report

Bulgaria Autos Report

BMI View: A bullish outlook for private consumption in Bulgaria - underpinned by a tightening labour market, weak inflationary pressure and low borrowing costs - will translate into a 6.4 % expansion in vehicle sales in 2017. Passenger ...
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Cambodia, Laos and Myanmar Autos Report

Cambodia, Laos and Myanmar Autos Report

BMI View: Motorcycles and used vehicles make up the overwhelming majority of the auto markets of Cambodia, Laos and Myanmar. Strong headwinds to new car sales have been created in both Myanmar and Cambodia by ...
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Cameroon Autos Report

Cameroon Autos Report

BMI View: We expect strong private consum ption levels , aided by low weak inflationary pressures and favourable monetary policy , coupled with a booming construction industry to lead to an expansion of 7. 7 % in vehicle sales in 201 7 . ...
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Canada Autos Report

Canada Autos Report

BMI View: Canada's light vehicle market will contract in 2017, but the healthy con sumer will limit the drop to 1.6 % . Light trucks will continue to outperform passenger cars, although we see potential for car sales ...
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Central America Autos Report

Central America Autos Report

BMI View: Most of the region should experience robust growth in car sales in 2016, 2017 and beyond, thanks to rising remittances from the US and strengthening private consumption at home, with Costa Rica set to perform ...
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Chile Autos Report

Chile Autos Report

BMI View : For 2017, we are forecasting a 14.8 % rise in new vehicle sales, to around the 36 7 ,000 unit mark. We expect passenger car (+16.1%) sales to outperform commercial vehicle (+ 11.6 %) sales. Passenger Car And Light Commercial Vehicle Sales (2015-2021) ...
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China Autos Report

China Autos Report

BMI View: Passenger vehicle sales will slow in 2017 as the tax break implemented on vehicles with an engine capacity of 1.6 litres or less comes to an end in 2016. The growing E-commerce industry will provide some ...
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Colombia Autos Report

Colombia Autos Report

BMI View: For 2017, we are forecasting a 3.8% rise in new vehicle sales , to around the 257,000 unit mark. We expect commercial vehicle (+4.9%) sales to outperform passenger car (+3%) sales. Passenger Car and Light Commercial Vehicle Sales (2014-2020) ...
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Cote d'Ivoire Autos Report

Cote d'Ivoire Autos Report

BMI View: The currency peg to the e uro will keep inflation and interest rates stable over 2017 , boosting consumer sentiment. Passenger vehicles will grow strongly as a result, while the commercial vehicle segment will receive ...
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