BMI View: This quarter we maintain our negative near-term view on the Saudi Arabian autos sector. We
continue to target a 26.2% fall in sales over 2016, although certain luxury brands may outperform.
? The commercial vehicle segment will underperform o ..."
BMI View: This quarter, we retain our positive view on the Serbian new vehicle sales market, targeting
20.2% growth for 2016. Low interest rates and a recovering economy continue to underpin demand.
? Fiat Chrysler Automobile Serbia's plan to lay off n ..."
BMI View: In response to the government's prolonged austerity as a result of lower oil prices, we have
revised down our total vehicle sales forecast to a contraction of 26.2% in 2016, led by a 30.0% drop in
commercial vehicle sales, while passenger vehicle sales will ..."
BMI View: The combination of a slowing economy, lower oil prices and higher local interest rates has led
to BMI adopting a more cautious stance towards the Saudi Arabian new vehicle sales market in 2016. We
expect a decline of 1.8% sales growth for the sector this yea ..."
? 2015 has proved another positive year for Saudi Arabian new car sales, which should be on track for at
least 870,000 units sold by year end.
? Looking forward, BMI remains optimistic on the medium-term outlook for the sector, targeting 18.5%
Early sales indications would seem to bear out BMI's expectations for a slightly slower rate of new vehicle
sales growth in Saudi Arabia over 2015. Q115 sales figures stood at 211,444 units, according to information
from the BestSellingCarsBlog. On current sales trend ..."
This is a professional and in-depth study on the current state of the Tyre industry.
The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Tyre market analysis is provided for the Sau ..."
Recent developments over the past quarter underline BMI's opinion that Saudi Arabia will become
increasingly important as an auto production hub for the Middle East region over the coming years.
In May 2015, Arab News reported that the Saudi National Automobile Manufa ..."
Saudi Arabia saw continued strong growth in new vehicle sales over 2014, with new vehicle sales up by
some 10%. For 2015, the Kingdom is looking to increase awareness of energy efficiency across the country,
which may have implications for new vehicle sales. BMI belie ..."
Saudi Arabia has seen continued strong growth in new vehicle sales over 2014 year-to-date. 8M14 sales
figures stand at 544,810 units. Given this positive backdrop, BMI has slightly revised upwards its 2014
sales forecast, from 5.4% to 5.9% annual growth.