Wine is one of the utmost popular drinks consumed worldwide. The escalating demand for wine, because of its unusual taste and health assistances is one of the key aspects boosting the growth of the global wine market. The global wine mar…
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.