BMI View: We expect to see steady, if particularly uninspiring, annual growth to be the main trend in 2016,
with road freight pencilled in to lead the way in y-o-y growth terms (3.1%). Acting as something of a drag
on growth across the freight modes will be China's we ..."
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.
? Sal ..."
BMI View: Attractive auto financing rates continue to outweigh what is a fairly mixed economic outlook.
We have revised up our forecast to 5.4% growth for the total sector in 2016, as commercial vehicles heavily
outperform passenger cars.
? A sig ..."
BMI View: Positive growth across all of Australia's freight modes will be the order of the day both over the
short and medium term although y-o-y gains will not be substantial. Leading the way in terms of y-o-y
growth is rail freight (growing at 4.9% in 2016). Underpi ..."
BMI View: This quarter, we are revising up our auto sales forecasts for 2016, reflecting lower interest
rates and the tax cuts announced in the 2016/17 Budget.
? We expect 5.0% new vehicle sales growth for 2016, up from 2.2% growth previously.
BMI View: The combination of a slowing economy and a weakening dollar will lead to a slowdown in
growth in New Zealand's new vehicle market.
? We maintain our forecast for 3.5% growth in total vehicle sales for 2016, supported by Q116 growth of
BMI View:We continue to believe that the combination of a slowing economy and a weakening Australian
dollar will make 2016 a challenging year for Australia's new vehicle sales market. We expect 2.0% sales
growth for the sector as a whole, with the industry also gearin ..."
BMI View: Over the short term, we do not expect to see overly impressive y-o-y gains across the freight
modes in Australia, but growth will remain in the positive over the medium-term forecast period. The
outperforming mode will be rail freight, which is set to regist ..."
BMI View: We continue to believe that a combination of a slowing agricultural sector and a weakening
New Zealand dollar will lead to a slight slowdown in New Zealand's new vehicle sales market in 2016. We
are targeting 3.5% sales growth for the sector as a whole in 20 ..."
BMI View: Over the course of 2016 we expect to see road freight once more outperform the other two
modes in Australia with the former coming in at 3.10% y-o-y growth, and rail freight and air freight are
forecast to grow by 2.77% and 0.70% respectively. The slight y-o ..."