BMI View: A combination of attractive financing deals, the continuation of a car scrappage scheme and a
recovering economy should all lead to further strong growth in Serbian new vehicle sales in 2016.
? We now forecast 18.3% growth in Serbian new vehi ..."
BMI View: We continue to believe that a combination of low interest rates and an increase in fleet renewal
from business should lead to further growth for the Serbian new vehicle sales market in 2016, although
sales growth will not be as strong as that seen in 2015. W ..."
BMI View: BMI believes the outlook for Serbia's freight sector is relatively rosy over both 2016 and our
medium-term forecast period to 2019. Average annual growth rates to 2019 for road and air freight will
surpass 2016 figures, whereas for rail it will remain around ..."
Serbian new car sales have recovered somewhat over recent months. Looking at sales figures as produced
by the local auto magazine website Vrelegume, there were a total of 11,008 new vehicles sold in Serbia
over H115. Breaking down the headline figure, there were 9,618 ..."
Over the past quarter, BMI has become more pessimistic on the near-term outlook for auto sales in Serbia.
We are now targeting an 8.6% drop in new vehicle sales over 2015, with the passenger car segment (-10%)
underperforming what may be a 5% rise in commercial vehicl ..."
In 2014, Serbian new vehicle sales fell by 10% year-on-year (y-o-y), to 20,240 units, according to figures
from the Serbian Association of Vehicle and Part Distributors as cited by the CEAuto website in February
2015. This was very much in line with BMI's forecast of ..."
The outlook for the Serbian passenger car market in 2014 remains poor, as sales continue to worsen. Over
the first 10 months of the year, the segment dropped 9.5% year-on-year (y-o-y), to 16,678 units. Heavy
flooding earlier in the year, ongoing government austerity m ..."
Following a year in which BMI believes saw strong growth across Serbia's freight transport sector, 2015
will signal further growth, albeit more moderate for all freight modes.
Total trade is projected to pick up with our Country Risk desk forecasting a y-o-y increase of 7.91% i ..."
Although the domestic autos market in Serbia is far from developed, we believe the production segment is
set to establish its reputation as a highly competitive manufacturing base in the Eastern European region
over the coming years. Its proximity to high-potential ma ..."
Although the domestic autos market in Serbia is far from developed, we believe the Serbian autos
production segment is set to establish its reputation as a highly competitive manufacturing base in the
Eastern European region over the coming years. Its proximity to hig ..."