BMI View: Canada's light vehicle market will contract in 2017, led by the accelerated contraction in the
passenger car segment as consumers move further towards smaller SUVs. The future of the manufacturing
sector, meanwhile, will be decided in the latest negotiations ..."
BMI View: We now forecast light vehicle sales growth of 3.6% in 2016 which will take the market to
another record. This means we now expect the market to contract in 2017 as this level of growth becomes
hard to replicate in a mature market.
? Lig ..."
BMI View: Light vehicle sales growth will be limited to 0.5% in 2016 as the slowdown in the hydrocarbon
industry spills over to vehicle demand in some of the most oil heavy provinces. Production will be given a
boost by the bigger than expected investment by FCA. ..."
BMI View: Low oil prices will start to weigh on the light vehicle market from 2016 as major provinces
such as Alberta see demand declining. The production landscape, meanwhile, will shift toward higher
margin models such as sport utility vehicles.
Key Views ..."
This is a professional and in-depth study on the current state of the Passenger Car Tires industry.
The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Passenger Car Tires marke ..."
With growth of 7.5% y-o-y in 8M15, Canada's light truck segment is still the driving force of the overall
market. This has negative connotations, however, when it also makes up the majority of sales in provinces
hit by the drop in oil income. Alberta is the most obvio ..."
The passenger car tires market in Canada is a competitive market marked with the presence of global players such as Bridgestone, Continental, Goodyear, and Hankook. Being a developed country with population close to 35 million, Canada has a large vehicle fleet that has been gr ..."
In the light vehicle segment, we maintain our view that light truck sales will continue to outperform
passenger car sales in 2015, in a total market set to grow 2.7%. This is borne out by data for 4M15, which
show a 0.8% year-on-year (y-o-y) contraction in passenger c ..."
Tires are an integral component of automobiles and are manufactured using raw materials such as natural rubber, nylon tire cord fabric, and carbon black. Rubber chemicals and synthetic rubber, including styrene-butadiene rubber and poly-butadiene rubber, are also used in manufact ..."
BMI View: Low interest rates and falling fuel prices will see the light truck segment once again outperform
in Canada's light vehicle segment in 2015. Despite the negative impact of lower oil prices on the country's
oil and gas sector, an uptick in the construction in ..."