The global pet care market is foretold to improve in the forthcoming years as matched to the preceding years and will showcase better sales in various market segments. It is estimated that the global pet care market will grow at a CAGR o…
BMI View: Low interest rates and tax cuts continue to drive the Australian new vehicle sales market to new
highs. This quarter, we maintain our 2016 sales forecast of 5.0% y-o-y growth, with commercial vehicles to
outperform passenger cars.
? Sales figures for 7M16 bear out our view that 2016 will be another record-breaking year for Australian
new vehicle sales.
? We would anticipate the three remaining local automakers (Toyota, Holden and Ford) to offer strong
sales promotions as they near the end of local auto production in 2017.
? There continues to be a move by consumers away from the sedan passenger car models that were
previously the mainstay of Australian motoring, either down towards smaller compacts or across into
medium or large SUVs.