The global pet care market is foretold to improve in the forthcoming years as matched to the preceding years and will showcase better sales in various market segments. It is estimated that the global pet care market will grow at a CAGR 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 nearly 30% of its workforce at its Kragujevac plant
will lead to a further fall in domestic passenger vehicle manufacturing.
? As a result, this quarter we are revising down our passenger vehicle production forecast to a contraction
of 27.0% in 2016, down from a previously forecast decline of 10.0%.
? It is flagging foreign demand for the Fiat 500L that is driving the fall in output; however, the car
remained Serbia's top seller over H116.