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 are revising down our 2016 new vehicle sales forecast. We now expect a
39.2% contraction in the market, with commercial vehicles to outperform passenger cars.
? A range of measures, including tougher loan-to-value rules for auto financing as well as higher import,
registration and other taxes, have all combined to depress demand across 2016.
? Higher import tariffs could encourage market leader Maruti Suzuki to start local production.
? The motorcycle segment will remain the single largest component of the wider autos sector.