Browse the complete Report on : Czech Republic Autos Report Q4 2010

Browse All Business Monitor International Market Research Reports


The Czech auto industry continues to be one of the most important in Europe, despite the global economic crisis which has hit the Central European industrial centre particularly hard. In 2009 the economy shrank 4.1% as the export-oriented economy suffered under collapsing global demand. The economy has begun to pick up again in 2010, but the situation is far from perfect with relatively stagnant consumer demand in Europe. This is likely to be exacerbated as many countries in Europe pursue a policy of fiscal retrenchment which will dampen any rising consumer demand. Luckily for the Czechs, however, their largest auto export market, Germany, shows little sign of cutting an already small deficit.
Despite these troubled times, Czech auto production has staged a remarkable comeback. Improved Q1 production was quickly followed by the fastest half-year growth in nine years. Total production stood at 559,000 units – which represents 18% growth year-on-year (y-o-y). This figure is overwhelmingly composed of the 557,000 passenger cars produced. This increased production was driven largely by Škoda Auto and Hyundai Motor, whose production grew 17% and 84% respectively. The bulk of Škoda's increased production was driven by sales in China, which now represents the firm's largest market with 22% of all new Škodas sold in the country. Hyundai's production growth is particularly marked, with the firm now producing 92,000 units at its Czech plant. However, non-passenger vehicle production has continued to be disappointing, as light commercial vehicle (LCV) sales have fallen 54% to 5,903 units. This has been attributed to the continued imbalance between the VAT regimes for passenger cars and for LCVs. Similarly, lorry sales have fallen 6.4% as the economy at large continues to experience the sluggish growth common to much of the developed world.
These figures indicate a successful year is ahead for the Czech auto industry, yet this must be tempered with reports that company purchases of passenger cars are being scaled back as they seek to save money on car benefits – which are often generous in the Czech Republic. This is significant given that 56% of the Czech car market is made up of corporate purchases. This said, the composition of the Czech car market has changed since 2008. Despite economic difficulties, higher-value models have gained market share. The share of sales comprised of small and mini cars has fallen from 50% in 2008 to 30% in 2010. This strategy has increased the market share of combi models to around a third. This shift is largely owing to the aggressive pricing strategy adopted in the Czech market, which is ensuring that otherwise anxious consumers are purchasing new high-end vehicles. While this strategy has squeezed margins on what are otherwise profitable models, this shift represents greater potential for future profits. Due to this, and many other broader economic factors, the Czech auto market is likely to see a promising growth in sales. BMI expects the Czech Republic to maintain its position as one of Europe's most important centres of auto production. Despite the somewhat volatile link between auto demand and broader economic confidence, the improving global situation is providing the industry with an opportunity to adjust to consumer preferences and expand into new and profitable areas. Despite rising costs, firms have demonstrated a long-term commitment to the Czech market and are increasingly demonstrating effective cooperation with local workforces pushing for higher wages.
About Us
ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.
 Contact:
Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004
http://reportsandreports.blogspot.com/
http://reportsandreports.proarticles.co.uk/
http://reportsnreports.wordpress.com/

Browse the complete Report on : Serbia Autos Report Q4 2010

Browse All Business Monitor International Market Research Reports


In common with much of the world, Serbia was hit hard by the global financial crisis that began in 2008. As the European recovery gathers pace, the Serbian economy is likely to recover at a similar pace, especially given the influx of foreign investment into the nation's emerging auto industry. With deepening economic ties with the EU and the beginning of the path to EU membership, Serbia is expected to benefit from greatly expanded trade and investment. As a low-cost economy with improving access to the world's largest market, Serbia is well placed to exploit its position. This is especially true with regards the auto industry.
The Serbian state has focused on the development of a large auto industry as a core aspect of its industrial policy. By building on the foundations established by Serbia's formerly sizeable manufacturing sector and through increased investment into infrastructure, the Serbian government hopes to attract investment as other Central and Eastern European (CEE) countries become more costly locations for production. This policy has begun to reap dividends in 2010, with the announcement of large investments by foreign auto firms.
Car part firms have been viewing Serbia as a promising location for production – with South Korean and Italian firms leading the trend. For example, the South Korean firm Yusa is creating 1,400 jobs at an electrical components factory in Raca, while Italian firm Daytec is creating 400 jobs at a parts plant geared towards production for the growing Fiat plant at Kragujevac. But it is recent investment from Fiat, which is most promising. This joint venture between Fiat and the state-owned firm Zastava has already received hundreds of millions of euros in investment. Production has the potential to reach 300,000 units in 2011. Additionally, it was announced in late July that Fiat would produce two minivan models in Serbia instead of at plants in Northern Italy. This controversial move would see another 190,000 units being produced by 2012 in a EUR1bn investment.
Despite the overwhelmingly export-orientated focus of the Serbian auto industry, the market for car purchases is growing in Serbia as the economy recovers from the negative 2.9% growth of 2009. The economy is predicted to grow 2.7% in 2010, growth is expected to accelerate to 4.2% in 2011. This economic growth will fuel booming car sales, which BMI expects to grow 29% in the period 2010-2014. This substantial growth provides credible opportunities for investment in auto sales in Serbia, in both the new and used sectors.
BMI expects Serbia to become an important centre of the CEE auto industry, though this process will not be simple. As current production issues at the Fiat-Zastava plant show, the industry has not quite begun to operate easily, with retooling difficulties and infrastructural problems inhibiting investment. A major boon to the industry will be the program of major motorway investment by the Serbian government, which has been taking place in recent years and will continue for some years to come. Despite these issues, the strong commitment of the Serbian government to developing the auto industry will make Serbia an increasingly attractive target for investment.

About Us

ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.


Contact:

Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004
http://reportsandreports.blogspot.com/
http://reportsandreports.proarticles.co.uk/
http://reportsnreports.wordpress.com/

Browse the complete Report on –  Czech Republic Autos Report Q4 2010

Browse All Business Monitor International Market Research Reports

The Czech auto industry continues to be one of the most important in Europe, despite the global economic crisis which has hit the Central European industrial centre particularly hard. In 2009 the economy shrank 4.1% as the export-oriented economy suffered under collapsing global demand. The economy has begun to pick up again in 2010, but the situation is far from perfect with relatively stagnant consumer demand in Europe. This is likely to be exacerbated as many countries in Europe pursue a policy of fiscal retrenchment which will dampen any rising consumer demand. Luckily for the Czechs, however, their largest auto export market, Germany, shows little sign of cutting an already small deficit.

Despite these troubled times, Czech auto production has staged a remarkable comeback. Improved Q1 production was quickly followed by the fastest half-year growth in nine years. Total production stood at 559,000 units – which represents 18% growth year-on-year (y-o-y). This figure is overwhelmingly composed of the 557,000 passenger cars produced. This increased production was driven largely by Škoda Auto and Hyundai Motor, whose production grew 17% and 84% respectively. The bulk of Škoda’s increased production was driven by sales in China, which now represents the firm’s largest market with 22% of all new Škodas sold in the country. Hyundai’s production growth is particularly marked, with the firm now producing 92,000 units at its Czech plant. However, non-passenger vehicle production has continued to be disappointing, as light commercial vehicle (LCV) sales have fallen 54% to 5,903 units. This has been attributed to the continued imbalance between the VAT regimes for passenger cars and for LCVs. Similarly, lorry sales have fallen 6.4% as the economy at large continues to experience the sluggish growth common to much of the developed world.
These figures indicate a successful year is ahead for the Czech auto industry, yet this must be tempered with reports that company purchases of passenger cars are being scaled back as they seek to save money on car benefits – which are often generous in the Czech Republic. This is significant given that 56% of the Czech car market is made up of corporate purchases. This said, the composition of the Czech car market has changed since 2008. Despite economic difficulties, higher-value models have gained market share. The share of sales comprised of small and mini cars has fallen from 50% in 2008 to 30% in 2010. This strategy has increased the market share of combi models to around a third. This shift is largely owing to the aggressive pricing strategy adopted in the Czech market, which is ensuring that otherwise anxious consumers are purchasing new high-end vehicles. While this strategy has squeezed margins on what are otherwise profitable models, this shift represents greater potential for future profits. Due to this, and many other broader economic factors, the Czech auto market is likely to see a promising growth in sales. BMI expects the Czech Republic to maintain its position as one of Europe’s most important centres of auto production. Despite the somewhat volatile link between auto demand and broader economic confidence, the improving global situation is providing the industry with an opportunity to adjust to consumer preferences and expand into new and profitable areas. Despite rising costs, firms have demonstrated a long-term commitment to the Czech market and are increasingly demonstrating effective cooperation with local workforces pushing for higher wages.

ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.

Ms. Sunita

7557 Rambler road,

Suite 727, Dallas, TX 75231

Tel: +1-888-989-8004

Browse the complete Report on: Serbia Autos Report Q4 2010

Browse All Business Monitor International Market Research Reports

In common with much of the world, Serbia was hit hard by the global financial crisis that began in 2008. As the European recovery gathers pace, the Serbian economy is likely to recover at a similar pace, especially given the influx of foreign investment into the nation's emerging auto industry. With deepening economic ties with the EU and the beginning of the path to EU membership, Serbia is expected to benefit from greatly expanded trade and investment. As a low-cost economy with improving access to the world's largest market, Serbia is well placed to exploit its position. This is especially true with regards the auto industry.
The Serbian state has focused on the development of a large auto industry as a core aspect of its industrial policy. By building on the foundations established by Serbia's formerly sizeable manufacturing sector and through increased investment into infrastructure, the Serbian government hopes to attract investment as other Central and Eastern European (CEE) countries become more costly locations for production. This policy has begun to reap dividends in 2010, with the announcement of large investments by foreign auto firms.
Car part firms have been viewing Serbia as a promising location for production – with South Korean and Italian firms leading the trend. For example, the South Korean firm Yusa is creating 1,400 jobs at an electrical components factory in Raca, while Italian firm Daytec is creating 400 jobs at a parts plant geared towards production for the growing Fiat plant at Kragujevac. But it is recent investment from Fiat, which is most promising. This joint venture between Fiat and the state-owned firm Zastava has already received hundreds of millions of euros in investment. Production has the potential to reach 300,000 units in 2011. Additionally, it was announced in late July that Fiat would produce two minivan models in Serbia instead of at plants in Northern Italy. This controversial move would see another 190,000 units being produced by 2012 in a EUR1bn investment.
Despite the overwhelmingly export-orientated focus of the Serbian auto industry, the market for car purchases is growing in Serbia as the economy recovers from the negative 2.9% growth of 2009. The economy is predicted to grow 2.7% in 2010, growth is expected to accelerate to 4.2% in 2011. This economic growth will fuel booming car sales, which BMI expects to grow 29% in the period 2010-2014. This substantial growth provides credible opportunities for investment in auto sales in Serbia, in both the new and used sectors.
BMI expects Serbia to become an important centre of the CEE auto industry, though this process will not be simple. As current production issues at the Fiat-Zastava plant show, the industry has not quite begun to operate easily, with retooling difficulties and infrastructural problems inhibiting investment. A major boon to the industry will be the program of major motorway investment by the Serbian government, which has been taking place in recent years and will continue for some years to come. Despite these issues, the strong commitment of the Serbian government to developing the auto industry will make Serbia an increasingly attractive target for investment.


About Us

ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.


Contact:

Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004
http://reportsandreports.blogspot.com/
http://reportsandreports.proarticles.co.uk/
http://reportsnreports.wordpress.com/

Browse the complete Report on: Hungary Autos Report Q4 2010

Browse All Business Monitor International Market Research Reports

New car registrations in Hungary fell 28% year-on-year (y-o-y) in June. However, the decrease is less severe than in other months, comparing with declines of over 50% y-o-y nearly every month between January 2009 and April 2010.
The falls can be attributed to the lack of a scrappage scheme in Hungary. Such incentives have helped auto industries in other European countries to recover.
The president of the Hungarian Vehicle Importers Association, Peter Erdelyi, expects 2010 sales figures to come in at least equal to 2009, The Budapest Times reported. However, Erdelyi offered the caveat that the economy would have to pick up and banks resume lending for this to happen. BMI takes a more pessimistic view, forecasting a 24.3% y-o-y drop in sales in 2010 to just over 63,657 units. Given the obstacles faced by Hungary's economy – which is dealing with its biggest challenges since its transition from communism in the early 1990s – BMI does not expect sales to achieve pre-crisis levels by the end of the forecast period.
On a more positive note, while the winding down of clunker plans will remove a key boost for exports, demand will eventually return as the global economy recovers. In an encouraging sign, Audi Hungaria's Gyor plant produced a total of 428,708 engines in Q110, with a 36% y-o-y rise in car production to 10,354 units, registering a 43% year-on-year (y-o-y) increase in engine production – figures that are comparable to pre-crisis levels. Audi has focused extensively on cost reductions and increased productivity, which has yielded the group a strong net liquidity of EUR9.3bn leaving it much better placed than most of its regional counterparts at the end of this period of flux.
Meanwhile, in what BMI sees as part of the German parts suppliers long term strategy, Robert Bosch has announced plans to also invest EUR22mn (US$27.9mn) to set up a production unit at its existing facility in Miskolc, north east Hungary. The firm is reported to have invested HUF14bn (US$63.7mn) in Hungary last year, and with new investment still coming in BMI believes Hungary may become a major production base for Bosch in the CEE region. This announcement follows reports that this is part of a larger relocation of other plants to Hungary, namely the Welsh Miskin plant and an Australian testing facility. This would suggest that Hungary is becoming a viable long term option for parts manufacturers, who tend to follow larger CBU facilities. We believe its optimism for Hungary is not unfounded, however. Its Robert Bosch Energy and Body Systems units make starters, drive shafts and windshield washer systems, which together brought the company EUR389mn (US$495mn) in revenue last year, compared with EUR202mn (US$256.8mn) in 2008.
BMI expects it will take time for production to recover – and the road ahead for manufacturers could be bumpy. Although we forecast a slight rise in vehicle production in 2010, it will not be until 2011 that a more resilient recovery is apparent. Thereafter growth should pick up, especially towards the end of the forecast period, and there is a growing trend of a slowing collapse. We anticipate production rising to 423,702 units by 2014, versus an estimated output of 272,127 units in 2009.

About Us

ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.

Contact:

Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004
http://reportsandreports.blogspot.com/
http://reportsandreports.proarticles.co.uk/
http://reportsnreports.wordpress.com/

Browse the complete Report on : Singapore Autos Report Q4 2010

Browse All Business Monitor International Market Research Reports

BMI has revised downwards the forecast for Singapore's 2010 vehicle sales again at the mid-point of the year, as sales of small cars below 1.6-litres are still far below the trend for previous years. Our revised forecast for new vehicle registrations in 2010 is for a decline of 18% year-on-year (y-o-y), to a total of 88,938 registrations. The base effect should kick in more strongly from 2011, alongside a gradual acceleration in economic growth to respectable levels for a developed state in 2011-2014. Sales for H110 are still low at 32,334 units, which is 34.8% lower than H109. This is very much out of alignment with our expectations for a strong surge in GDP growth from 2% in 2009 to 12% in 2010, but we believe there is a more industry specific reason behind this, as consumers shift between vehicle segments.
Singapore's motorcycle and scooter market registered an uptick in April, as drivers previously lured to the small car segment started to find the cost too much to cope with and returned to two-wheelers. An increase in the cost of a Certificate of Entitlement (COE) to buy a car has risen 32% since March, compared with just 13% for motorcycles. The small car segment, excluding taxis, fell 47% in H110. The motorcycle segment has been declining since 2006 as more entry level cars have appeared on the market, offering more comfort and space for a similar price. In the January to June period, however, sales of twowheelers were down just 4.3%.
The market's decline is still reflected in Singapore's 11th place in BMI's Business Environment Ratings for the automotive industry in Asia Pacific with a score of 48.5 from a possible 100. Singapore, along with Thailand, has the highest number of free trade agreements completed for any Asian market. However, in industry terms, the lack of domestic production facilities and the imposition of vehicle quotas which restrict potential sales growth weigh on the market's overall rating. Nevertheless, Singapore has climbed three places since our first ratings were produced.
Although overall market sales do not reflect our bullish view on the Singapore economy, a breakdown of car sales by brand for H110 shows that growth has been largely recorded by premium brands, which is in keeping with higher GDP growth. BMW has leapt from seventh place at the end of 2009 to second, while conversely, Honda Motor has dropped from second to fifth as its sales for H110 fell 66%. Toyota Motor still leads the market at the half-way point, despite a 33% drop in sales.


About Us

ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.

Contact:

Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004
http://reportsandreports.blogspot.com/
http://reportsandreports.proarticles.co.uk/
http://reportsnreports.wordpress.com/

Browse the complete Report on: Bulgaria Autos Report Q4 2010
Browse All Business Monitor International Market Research Reports
So far, 2010 has been a mixed picture for the Bulgarian car market. Car sales have continued to fall compared with 2009, but sales have once again begun to pick up. June 2010 has been the best month of the year so far, indicating that sales have begun to increase as the Bulgarian economy begins to recover from the economic crisis. Over the first half of the year 8,998 vehicles were sold – 5,854 fewer than the first half of 2009. In the first quarter sales shrank by 42.4% year-on-year (y-o-y), a figure which has slowed to 39.4%. BMI expects that many of the lost sales will be recouped in the second half of 2010. China's largest private auto firm, Great Wall Motors, has continued with its large investment in a production facility in Bulgaria. This investment, which will likely spark the expansion of other sectors, has been welcomed by the Bulgarian government as an opportunity for increased ties with China. The two countries are building a close trading relationship and are working to increase Bulgarian exports to China, which have grown 238% in the first five months of 2010. This increasingly cooperative trade relationship bodes well for Chinese investment into the Bulgarian auto industry due to Sofia's focus on developing a successful components sector. Additionally, an agreement between the Bulgarian government and Zhejiang province has been concluded to encourage the development of business contacts and for investment in Bulgarian industry. The province is an important industrial centre, with an increasingly large auto industry.
Beyond the investment in new auto plants, the components sector has also shown signs of improvement. Monbat, the Bulgarian car battery supplier, has reported that sales are up 75.08% in the first half of 2010. This dramatically improved performance reflects broader global economic trends, as car manufacturers around the globe ramp up production to meet post-crisis demand. The increased demand has ensured that the firm's half year profits are up 41% to BGN10.7mn. The trend for further sales growth is expected to continue as the world auto industry begins to exceed pre-crisis production.
Overall, the economic situation in Bulgaria is also improving. In an interesting revision, the Center for Economic Development has increased its 2010 GDP growth prediction from 2009's prediction of negative 1.5% to positive growth of 1%. Growth of any sort should be a boon to the Bulgarian auto market as consumers begin to feel that the worst of the crisis has passed. Despite the market being dominated by the sales of used cars, this will also have a positive effect on new car sales. Growth is expected to pick up further in 2011 as the Bulgarian economy shakes off the worst aspects of the global economic crisis. The improving economy, growing global auto market and the improving ties between Bulgaria and China are promising developments for the country's auto industry and market. Overall, BMI expects car sales to increase 50% in the five-year forecast period to 2014. However, it is important to note that this figure still represents a 30% drop over 2008's car sales. The Bulgarian economy, like the world economy, is not expected to begin booming any time soon and car sales have been impacted by this as used cars continue to dominate the car market.

About Us

ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.


Contact:

Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004
http://reportsandreports.blogspot.com/

http://reportsandreports.proarticles.co.uk/

http://reportsnreports.wordpress.com/

Browse the complete Report on: Argentina Autos Report Q4 2010

Browse All Business Monitor International Market Research Reports

In its latest Argentina report, BMI highlights some of the major internal and external risks that the country’s auto sector faces that we believe will play a dampen on the country’s ability to fully exploit its position as Brazil's largest trading partner.
From the point of view of production, we fear the fragmented nature of its auto supplier base and the uncertainty surrounding the future course of government policy will cost Argentina new investments from potential and existing carmakers. Meanwhile, on the demand side, the temporary increase in vehicle sales brought about by inflationary pressures and boost in public spending in preparation for the 2011 elections is making us sceptical about future demand vehicle potential in the country.
A sharp upward revision in our GDP growth forecast from 1.5% expected earlier to nearly 4.3% for 2010 and an impressive 40% year-on-year (y-o-y) growth in new vehicle sales, to 318,567 units, in H110, has prompted us to increase Argentina’s end of 2010 total sales expectations to nearly 625,000 units, up nearly 28.3% compared with last year. We expect this to be followed by another 9% y-o-y growth in 2011 as we expect the government to be keen on boosting consumer spending as much as possible in the run up to next year's parliamentary and presidential elections. Thereafter, however, the end of subsidies will mean that the market will struggle to maintain an average growth level between 5-6% y-o-y between 2012 and 2014, taking total sales to just under 815,000 units by the end of the forecast period.
Our total production forecast, on the other hand, has been slightly raised from almost 13% y-o-y to nearly 17% y-o-y, to 600,000 units, by the end of this year. However, in view of the aforementioned risks, we doubt whether this growth can be maintained. We therefore limit our forecast for Argentina’s annual production capacity to reach over 830,000 units by 2014.
The combined effect of these risks to Argentina’s growth has been that BMI expects the country, along with Venezuela, to be a significant underperformer in the region. Argentina currently occupies fourth position in our rankings with a score of only 55.1 points, compared with respective scores of 58.5 points and 57.8 points by Brazil and Mexico.
The top three carmakers, which saw their sales shrink significantly during 2009, recorded to robust recovery in their sales in H110. While Volkswagen and General Motors Company maintained their respective positions as the leading carmakers, followed by Renault as the third largest carmaker during H110, a slight underperformance by Ford Motor meant the US carmaker was pushed to the fourth during H110.

About Us

ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.
(Due to the length of these URLs, it may be necessary to copy and paste the hyperlinks into your Internet browser's URL address field. Remove the space if one exists.)


Contact:

Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004

http://reportsandreports.blogspot.com/

http://reportsandreports.proarticles.co.uk/

http://reportsnreports.wordpress.com/

Browse the complete Report on: Pakistan Autos Report Q4 2010

Browse All - Business Monitor International Market Research Reports

Pakistan produced a total of 218,300 vehicles in fiscal year 2009/10 (July to end June), up 32.2% from 165,158 in fiscal year 2008/09, according to figures from the Pakistan Automotive Manufacturers Association (PAMA). The 2009/10 aggregate production figure is inclusive of 121,647 passenger cars, 3,425 trucks (category 1), 628 buses, 4,053 trucks (category 2), 1,172 jeeps, 15,768 pick-ups and 71,607 tractors. Meanwhile, sales of new vehicles in 2009/10 registered 221,720 units, inclusive of 123,957 passenger cars, 3,620 trucks (category 1), 657 buses, 4,277 trucks (category 2), 1,201 jeeps, 16,496 pickups and 71,512 tractors. The aggregate 2009/10 sales represented a rise of 36% year-on-year (y-o-y). Production largely mirrors sales in Pakistan’s auto market.
However, while the vehicle sales and production figures in 2009/10 may have appeared impressive in percentage y-o-y terms, they were less impressive when viewed against historical figures (and a very low 2008/09 base). Political turmoil in Pakistan, in tandem with the global economic downturn, delivered a double whammy to car sales and production in the country over FY08/09. Sales of new vehicles in Pakistan fell 34% y-o-y during that fiscal year. The 163,479 new vehicles sold in Pakistan in 2008/09 compared very unfavourably with the 247,160 in fiscal year 2007/08 – and, of course, the 2009/10 aggregate sales figure remained considerably below the 2007/08 base. Meanwhile, production of new vehicles in FY2008/09 was down 33% y-o-y, from the 247,036 units produced in FY2007/08. As with sales, the year 2007/08 remains a high watermark for vehicle production in Pakistan’s car industry, as aggregate production in 2009/10 remained nearly 12% below the level of two years earlier. The production and sales figures thus far in 2010 largely reflect the forecasts we made for both variables last quarter. In the first six months of the calendar year, Pakistan produced a total of 67,673 passenger cars (our full-year forecast is for output of 119,512 passenger cars). Sales of new passenger cars, meanwhile, registered 68,788 units in H110, compared with our full-year forecast of 117,428. Although a replication of the H110 sales and production performance across H210 would result in our current fullyear forecasts for both variables being surpassed, sales (and hence production) momentum is likely to slow in the coming months, due to the government increasing General Sales Tax (GST) from 16% to 17% in the budget. As a result, new car sales in July fell 31.6% month-on-month (m-o-m), to 9,796 units, from 14,320 units in June (consumers had rushed to complete purchases towards the end of H110, in anticipation of the rise in GST).


About Us

ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.


Contact:

Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004

http://reportsandreports.blogspot.com/

http://reportsandreports.proarticles.co.uk/

http://reportsnreports.wordpress.com/

Browse the complete Report on - Russia Autos Report Q4 2010

Browse All Business Monitor International Market Research Reports

Vehicle sales in Russia have been on the rebound thanks to ongoing government support in the form of the scrappage programme. Car sales in June rose 45% year-over-year (y-o-y). Total vehicle sales reached 174,838 units during the month, according to the Association of European Businesses. The big jump marked yet another consecutive month of solid sales growth. In May, Russian car sales climbed 31% y-oy, although sales decline marginally compared with April.
Sales have been recovering since April on the back of the vehicle junk scheme launched in March 2009. That programme gives buyers RUB50,000 if they trade in a car over 10 years old. The government launched the scheme with the aim that it would result in 200,000 new car sales this year. It launched the second phase of the scheme at the end of June 2010, pledging an additional RUB10.5bn (US$340mn) to the programme. Consequently, BMI expects the bounce in sales to continue, with total sales nearing 1.6mn units this year.
Domestic carmakers have benefited from the car scrappage scheme, which applies only to purchases of Russian-produced vehicles. In April, nine of the top 10 selling brands in Russia were locally produced. The biggest winner so far has been AvtoVAZ, which makes the Lada. AvtoVAZ’s April sales reportedly surged 54% y-o-y, to 34,136 units. So far this year, domestic brands appear to be gaining on their foreign rivals. Based on sales in the first four months, GAZ and UAZ have returned to growth, while General Motors Company (GM), VW and Hyundai Motor were still posting declines. Any gains recorded by Russian brands should be viewed positively, especially when considering that total sales in the January to April 2010 period were down 13% from the 456,179 units sold in the same period in 2009. The srappage scheme has also provided a boost to auto output. In the first five months of 2010, vehicle production rose 65% over the same period a year ago to 381,560 units, Reuters reported, citing figures from industry body ASM Holding. However, better availability of auto financing has also played a factor. At the same time, we are cognizant of the fact that after the disastrous year that was 2009, output really has nowhere to go but up.
Overall, sales will be tied to economic conditions. In this regard, there have been some positive developments recently. The availability of credit has been improving. ZAO Toyota Bank expects that by the end of the year, nearly half of all purchases will be financed with loans. If these estimates pan out, then the auto loan market is set to expand 19% y-o-y in 2010. On the negative side, though, are the fundamentals weaknesses of Russia’s economy, which include low productivity, corruption and weak infrastructure. A demographic decline may also worry car dealers in the long term, as the population ages.

About Us

ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.
(Due to the length of these URLs, it may be necessary to copy and paste the hyperlinks into your Internet browser's URL address field. Remove the space if one exists.)


Contact:

Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004
http://reportsandreports.blogspot.com/

http://reportsandreports.proarticles.co.uk/

http://reportsnreports.wordpress.com/ 

Browse the complete Report on - Russia Autos Report Q4 2010

Browse All Business Monitor International Market Research Reports

Vehicle sales in Russia have been on the rebound thanks to ongoing government support in the form of the scrappage programme. Car sales in June rose 45% year-over-year (y-o-y). Total vehicle sales reached 174,838 units during the month, according to the Association of European Businesses. The big jump marked yet another consecutive month of solid sales growth. In May, Russian car sales climbed 31% y-oy, although sales decline marginally compared with April.
Sales have been recovering since April on the back of the vehicle junk scheme launched in March 2009. That programme gives buyers RUB50,000 if they trade in a car over 10 years old. The government launched the scheme with the aim that it would result in 200,000 new car sales this year. It launched the second phase of the scheme at the end of June 2010, pledging an additional RUB10.5bn (US$340mn) to the programme. Consequently, BMI expects the bounce in sales to continue, with total sales nearing 1.6mn units this year.
Domestic carmakers have benefited from the car scrappage scheme, which applies only to purchases of Russian-produced vehicles. In April, nine of the top 10 selling brands in Russia were locally produced. The biggest winner so far has been AvtoVAZ, which makes the Lada. AvtoVAZ’s April sales reportedly surged 54% y-o-y, to 34,136 units. So far this year, domestic brands appear to be gaining on their foreign rivals. Based on sales in the first four months, GAZ and UAZ have returned to growth, while General Motors Company (GM), VW and Hyundai Motor were still posting declines. Any gains recorded by Russian brands should be viewed positively, especially when considering that total sales in the January to April 2010 period were down 13% from the 456,179 units sold in the same period in 2009. The srappage scheme has also provided a boost to auto output. In the first five months of 2010, vehicle production rose 65% over the same period a year ago to 381,560 units, Reuters reported, citing figures from industry body ASM Holding. However, better availability of auto financing has also played a factor. At the same time, we are cognizant of the fact that after the disastrous year that was 2009, output really has nowhere to go but up.
Overall, sales will be tied to economic conditions. In this regard, there have been some positive developments recently. The availability of credit has been improving. ZAO Toyota Bank expects that by the end of the year, nearly half of all purchases will be financed with loans. If these estimates pan out, then the auto loan market is set to expand 19% y-o-y in 2010. On the negative side, though, are the fundamentals weaknesses of Russia’s economy, which include low productivity, corruption and weak infrastructure. A demographic decline may also worry car dealers in the long term, as the population ages.

About Us

ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.
(Due to the length of these URLs, it may be necessary to copy and paste the hyperlinks into your Internet browser's URL address field. Remove the space if one exists.)


Contact:

Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004
http://reportsandreports.blogspot.com/

http://reportsandreports.proarticles.co.uk/

http://reportsnreports.wordpress.com/ 

Browse the complete Report on - Qatar Autos Report Q4 2010

Browse All Business Monitor International Market Research Reports

There are no comprehensive and reliable vehicle sales and import statistics available for Qatar, which has only a very small car industry, owing to its low population (1.6mn in 2009). However, some dealerships do release their sales figures, making it possible to get a partial handle on local vehicle demand and the overall direction of sales and imports.
Despite reasonably strong (oil and gas sector-led) real economic growth of just over 8% for Qatar’s economy during 2009,car sales had a relatively difficult year because of the bursting of a speculative bubble, which saw real estate prices crash. This had a significant effect on consumer demand (and access to bank credit) during the year, crimping sales of new vehicles. The signs are that 2010 will be a substantially better year than 2009. Our Macroeconomic team forecasts that overall GDP growth will nearly double this year, to just over 15% (despite a slowdown in the construction sector). Continued strong activity in the oil and gas sector (where prices are once again very buoyant), together with the stabilising effects of a substantial public injection of funds into the banking sector, help to explain the strong anticipated rate of overall economic growth.
A further boost to the economy – and car demand – has been provided by the central bank cutting its key overnight deposit rate by 50bps in early August 2010, which took this key rate down to 1.5% (the first change to the cost of borrowing for more than two years). This should provide a substantial boost to consumer demand – savers will be more inclined to spend (due to lower returns on deposit accounts), while car buyers relying on borrowing to fund (or part-fund) their purchases should be able to access cheaper credit.
This quarter, we introduce an analysis of Qatar’s truck market. Demand for trucks (particularly second hand trucks) was boosted by the colossal construction boom experienced by the Gulf state, but the end of that boom resulted in a glut of vehicles in this market. Going forward, while government investment in infrastructure will support the construction sector, this is unlikely to generate a quick knock-on recovery for the truck market, due to the extent of the earlier oversupply of vehicles, according to our analysis. Dana Motors was named McLaren’s official partner for the distribution of the latter’s first consumeroriented car, the MP4-12C, in August 2010. The McLaren brand and reputation is predicated on its success in Formula 1 racing. The MP4-12C will be available from mid-2011, tapping into a Qatari market that has a large preponderance of ultra-high-net-worth (UHNW) consumers. Dana will run a full service centre in Qatar, with technicians receiving training at McLaren’s UK headquarters. The association with McLaren should boost Dana’s own brand value.


About Us

ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.
(Due to the length of these URLs, it may be necessary to copy and paste the hyperlinks into your Internet browser's URL address field. Remove the space if one exists.)


Contact:

Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004
http://reportsandreports.blogspot.com/

http://reportsandreports.proarticles.co.uk/

http://reportsnreports.wordpress.com/

Browse the complete Report on – Germany Autos Report Q4 2010
Browse All Business Monitor International Market Research Reports
at http://www.reportsandreports.com/Publishers/business-monitor-international/
Despite significant improvement in the global economic outlook, BMI remains concerned that the operating environment is likely to remain far from easy for European carmakers. Already faced with a much anticipated weak recovery in vehicle demand in 2010, European carmakers are now being tested on soaring raw material prices. Steel, which generally accounts for as much as 10-15% of carmakers' manufacturing costs, is set for a steep increase in price, posing a new threat to auto firms this year. BMI prescribes carmakers speed up cooperation for economising on production costs as a short- to mediumterm strategy.
This was illustrated in Daimler’s tie-up with Renault and Nissan Motor where they agreed to cooperate in areas ranging from compact cars to light commercial vehicles and powertrains in a bid to save on production costs and complement one another’s vehicle technology. Although German carmakers have lagged behind their European counterparts in terms of development of alternative fuel vehicles, BMI believes German carmakers are among the best positioned to benefit from the imminent recovery in the global auto market.
Initial sings of this emerged in Q110 when the country recorded a 28% y-o-y increase in export orders and nearly a 32% y-o-y increase in its production in the first quarter, assembling 1.38mn units. The optimism has prompted BMI to upgrade its production forecast to a 5.5% y-o-y growth in auto production, to 5.5mn units, by the end of this year. However, taking into account the overall slow recovery in Europe’s auto demand and the uncertainty created during mass transition to electric vehicles, BMI believes that a full recovery in auto production may not be possible until 2013. Meanwhile, domestic demand has remained fairly in track with BMI’s expected 20% y-o-y drop this year, with passenger car sales reaching 670,500 units in Q110, down 23% y-o-y. However, we expect significant rebound in sales from 2011 when the outlook for both passenger cars and commercial vehicles will begin looking up, in line with a 1.5% y-o-y growth during 2011. This will take vehicle demand up more than 5% y-o-y and continue growing thereafter, to reach near recovery level by 2012. However, the saturated nature of the German market and the relatively high vehicle ownership levels will mean that the market will fail to attain very strong growth rates.
Despite its limited long-term growth potential, Germany heads BMI’s business environment ratings for the auto industry in Europe, thanks to the unparalleled size of its market. However, we stress this position could be challenged if Russia – the one time leader in the ratings – makes a strong rebound thanks to its vehicle scrappage scheme. Germany’s competitive landscape may also undergo changes as foreign carmakers increase their presence in the country to market competitive alternative fuel vehicles.
About Us
ReportsandReports comprises an online library of 10,000 reports, in-depth market research studies of over 5000 micro markets, and 25 industry specific websites. Our client list boasts almost all well-known publishers of such reports across the globe. We as a third-party reseller of market research reports employ a number of marketing tools, such as press releases, email-marketing and effective search-engine optimization techniques to drive revenues for our clients. We also provide 24/7 online and offline support service to our customers.
(Due to the length of these URLs, it may be necessary to copy and paste the hyperlinks into your Internet browser's URL address field. Remove the space if one exists.)
Contact:
Ms. Sunita
7557 Rambler road,
Suite 727, Dallas, TX 75231
Tel: +1-888-989-8004
http://reportsandreports.blogspot.com/
http://reportsandreports.proarticles.co.uk/
http://reportsnreports.wordpress.com/