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 continue to target a 25.2% increase in new vehicle sales for 2016, but warn
that sales growth may slow in 2017 because of the still-challenging economic and political backdrop.
- We believe that rising wages and falling inflation should increase demand for both new and used
passenger cars over the coming two years.
- Commercial vehicle sales should find support from an improving picture for fixed investment, which
should enable businesses to invest more in fleet renewal.
- The July 2016 move to cut the excise tax levied on imported used vehicles will help to develop a used car
market within Ukraine, but will also reduce demand for locally-produced new vehicles over the medium