Wine is one of the utmost popular drinks consumed worldwide. The escalating demand for wine, because of its unusual taste and health assistances is one of the key aspects boosting the growth of the global wine market. The global wine mar…
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.