BMI View: Argentina's strong recovery in sales to dealerships in 2016 will be predominantly driven by
dealerships restocking imported models rather than a robust recovery in consumer or business demand for
vehicles. A more sustainable growth in demand will emerge in 2 ..."
BMI View: We are maintaining our vehicle sales and production forecasts for Brazil in 2016 with both now
forecast to contract 16.2% to 2.15mn and 2.06mn units respectively. Added political uncertainty after
President Rousseff's impeachment is exacerbating the pace of ..."
BMI View: Import controls and another year of economic recession will provide the main drags on vehicle
sales. As such, we forecast a forecast contraction of 28.8% in vehicle sales in 2016, reaching 57,918 units.
? Worsening trade balance due to the oi ..."
BMI View: Venezuela's automotive industry will continue to operate at rock bottom levels as sales and
production contract in 2016. Limited access to foreign currency will drag on auto companies importing
operations keeping the components and completely built-up vehicl ..."
BMI view: As a result of Argentina's decision to float the peso in December and its subsequent depreciation
against major currencies, sales volumes will continue declining in 2016. The weak peso will raise prices of
imported vehicles and components but reinvigorated d ..."
BMI View: We are further revising down our vehicle sales and production forecasts for Brazil in 2016 with
both now forecast to contract 16.2% to 2.15mn and 2.06mn units, respectively. Added political uncertainty
from President Rousseff's possible impeachment is exacer ..."
BMI View: Venezuela's autos sales and production will remain at all time low volumes over the 2016 to
2020 forecast period, as extremely scarce access to foreign currency prevents auto companies from
importing both completely built-up vehicles and the necessary compon ..."
BMI View: In the current global economic climate of low oil prices, Ecuador's new vehicle market and
local vehicle manufacturing industry will sink deeper into recession as import controls are tightened and
Ecuador's oil-dependent economy shifts into another year of r ..."