BMI View: A strengthening economy and rising consumer spending inform BMI's positive view on Peru's
new vehicle sales in 2016. We forecast a 2.3% increase, with commercial vehicles set to outperform.
Table: Key Views
? New vehicle sales fell over 2015 against th ..."
2014 has proved to be a challenging year for new vehicle sales within Peru. Total new vehicle sales stood at
171,729 units for the first 11 months of the year, down by 7% year-on-year (y-o-y) according to figures
from the Peruvian Association of Automotive Representatives (Arap ..."
BMI has become significantly less optimistic on the medium-term outlook for Peruvian new vehicle sales
over the past 12 months. We are now forecasting growth of 32.7% (down from 58% previously) over the
2014-17 period. This will see total new vehicle sales rise to 287 ..."
Peru's auto industry has enjoyed a strong 2012, with new vehicle sales having increased by 28% year-onyear
(y-o-y) over the first 11 months of 2012 (the most recent data available as this report was being
compiled), to 174,125 units, according to figures from the Peru ..."