BMI View:This quarter, we maintain our positive near-term outlook on the Swedish autos sector, targeting
8.1% growth in 2016, with sales bolstered by the current ultra-low interest rate environment.
- The commercial vehicle segment may outperform sligh ..."
BMI View: This quarter, we continue to target a 25.2% increase in new vehicle sales for 2016, but warn
that sales growth may slow in 2017 because of the still-challenging economic and political backdrop.
- We believe that rising wages and falling in ..."
BMI View: The Czech Republic's export-led recovery will translate into vehicle sales growth, as business
and consumer confidence will be given a lift to spend on new private cars and commercial fleets.
? Low interest rates, rising real wages and low ho ..."
BMI View: The inability of government to ramp up infrastructure spending as it imposes a strict austerity
policy will limit commercial vehicle sales, while the lack of funds available to the consumer due to low
wages and capital controls will drag on consumer spending ..."
BMI View: Consumers will remain in a sweet spot of rising employment, low inflation, rising real wages
and low interest rates, which will encourage household spending on cars and motorcycles.
? Buoyant capital expenditure growth from the private sector ..."
BMI View: Strong wage growth, rising consumer confidence and an improving labour market in Bulgaria
will translate into an expansion of 6.7% in vehicle sales in 2016.
? Vehicle sales will grow 6.7% in 2016.
? Improving consumer confidence, strong ..."
This quarter, we have made a further upwards revision to our 2016 new vehicle sales forecast for Hungary,
now targeting 16.5% growth. Low interest rates, rising wages and falling household debt levels continue to
support this market.
? Mercedes-B ..."
BMI View: We are revising our outlook for the Norwegian autos sector downwards in 2016 as the economy
continues to adjust to a structural downturn in global energy prices, which will translate into weaker
vehicle demand. As a result, we now forecast growth of 2.6% in ..."
BMI View: A recovery in consumer sentiment coupled with VAT cuts, low inflation and low interest rates
will drive passenger vehicle sales in 2016, while the government's expansionary fiscal policy and
investment geared towards ramping up infrastructure will increase t ..."
BMI View: High consumer confidence and a strong supply of cheap auto loans are providing the strongest
support to new car sales.
? A collapse in Italy's banking system, which our Country Risk team has flagged as a major risk, represents
the bigge ..."