Tag Archives: forecast

Poland’s GDP growth is expected to surpass 3% in 2017 and 2018. There are some positive indicators of Domestic demand, Business sentiments, and low real interest rates.Poland Automotive Industry Analysis and Forecast is our detail report.

The central bank is expected to start raising interest rates in early 2018 as inflation rises and slack disappears.  After joining the EU in 2004, the country’s spirits have been marked by the desire to quickly catch up with the EU standard.

Poland is one of the largest nations in Eastern Europe region. This is an attractive location for Automotive Industry. Availability of cost effective and skilled human resources are the major reason for moving of OEMs in Poland. This is also a hub for Auto suppliers. Global automotive manufacturers settled in the country by establishing their production plant to cut product cost. 

Domestic player Skoda sold 50,039 in Poland in 2016 with 12.3 percent growth compared to 2015. The top selling car models were the Skoda Octavia and Skoda Fabia, followed by the Astra (Opel).

The Commercial Vehicle Industry also showed around 14 percent growth in 2016 compared to last year.

ACG is having an exclusive database of Model Level Production data trend and Forecast 2023 with all technical specs and other information like its Sales distribution from Poland, the Production capacity of plan, Production and Brand information of each model etc.

Our report is based on in depth analysis of Auto Market. We have covered latest market opportunities, Challenges, Industry insight OEMs Strategy and complete market assessment.

Customize Report option is also available.

To get premium Subscription for annual Market Report, please contact to Nidhi.Singh@autobei.com

Zambia is an important market in East Africa region.Like another African market, this market is also dominated by Refurbished vehicle. Chinese OEMs are having the strong presence in Heavy Commercial Vehicle market segment.

Report Highlights:

  • Executive Summary
  • Country Macro Economy Analysis and Outlook – GDP, Inflation, Population, Fiscal balance and other Key indicators
  • Govt policies and Investment plan
  • Zambia Auto Industry Overview – Trend and Forecast
  • Auto Industry Segment wise Analysis – Car, Pick Up, SUV, MUV, Light Truck, Medium Duty Truck, and Heavy Truck, Bus Segment Analysis
  • Sales Volume, Growth, and Market Share
  • Segment wise Sales Volume Forecast 2023
  • Model level Analysis of Each Segment
  • Top Model Selling point, Buyer segment and Uses
  • Pricing Analysis – Used and New Vehicle
  • Regulation
  • Market Dynamics Analysis
  • Buying Trend Analysis
  • Technical and Feature of Key Models
  • Network Analysis
  • Brand perception – Europe, Japanese, Indian and American
  • Product Position

Our Other Advantages:

  • ACG is having key expertise in Global Auto Industry, our report is helpful for making Business plan and investment decision
  • Our competitor Analysis give you insight information to create effective strategy for future plan
  • Challenges, Risk, and Opportunities Analysis through our Market Intelligence Information of Economy, Auto industry trends, regulatory changes, Market Dynamics and Govt policies including investment

To become Premium Member or Customize Report, please contact to Nidhi.Singh@autobei.com

Mexico Commercial Vehicle Market Analysis. The Mexican economy is slowing with annual GDP growth of 2.3 percent in 2016, low from 2.6 percent in 2015. Rising oil prices and Slowdown in trade are few of the key challenges for the country. Low Inflation, private consumption, high wages, availability of jobs Jobs were few of drivers of the economy in 2016.

In 2017 also, we are expecting some challenges like political and Economy relation with US and North American Free Trade Agreement (NAFTA) issues.

Key highlights of the Report:

  • Brand and Model Level Production Trend and forecast
  • Sales Distribution from Mexico
  • Vehicle platform, Engine, Power, Transmission, Emission and more
  • Economic outlook and its impact on Mexico Auto Industry
  • Latest Development
  • SWOT Analysis
  • Automotive and Transport Industry Overview
  • Separate Vehicle Database of Truck and Bus segment
  • Application (Intercity & Intracity) of Buses statistics
  • Market shares and best-selling brands/models
  • Segments and top-selling models
  • Light vehicle market forecasts
  • M&HCV Truck segment Analysis
  • Price Position
  • Brand position
  • Industry Analysis
  • OEMs Strategy
  • Regulation

The report is available for Premium Subscriber also, If you are not the premium subscriber please contact to nidhi.singh@autobei.com

Kenya Automobile Market Analysis and Forecast is our detail model level report. Kenya is the largest Auto market in East Africa region. The GDP growth of the country was 5.9 percent in 2016 and expected to rise 6 percent in 2017. Key drivers of the growth are services sector performance, Construction activities, the Stable exchange rate of the currency, maintain low inflation, low fuel prices, a growing middle-class and its incomes, Govt investment in energy and transportation sector.

Markets in Africa region are generally faced with a high volume of refurbished vehicles which are considered low priced than new vehicles. New vehicles in Africa are predominantly imported as knocked-down kits and assembled in local facilities, whereas used vehicles are imported as fully built units.

In 2016, 110,000 cars were imported, marking an increase of 50% compared to 2015 in East Africa region. High-interest rate, Difficult to finance the vehicle, the high cost of electricity and Good quality of refurbished are few of the major challenges to sale in a new vehicle. It is expected that that total vehicle sales in East Africa will increase by 30 to 40 percent by 2022. Domestic vehicle sales drop by around 30% in 2016.We have exclusively sales data of some OEMs which do not share their sales data with local authorities.

Around 7 to 9 percent growth is expected in 2017 due to some favorable market dynamics for both Commercial and Passenger vehicles segment like financial, currency, Vehicle price, Govt policies etc.

In Vehicle type, Sedan and C segment is the most popular in Kenya.  Pick up is the largest segment in Passenger Vehicle. SUV/MUV is the second largest segment.

Mitsubishi and Isuzu are top players in the Truck segment. Chinese players like SinoTruck are also increasing their market share year on year. There is the significant price gap between Chinese and European and Japanese vehicles. Chinese new vehicle competes with used or refurbished European products.

Kenya became production and assembly hub for East African countries included major Indian and Chinese OEMs. Leading players like Toyota, Nissan and Mitsubishi already have plants in Kenya, mainly producing commercial vehicles rather than cars. Total production stands at about 10,000 units a year, according to the Kenya Vehicle Manufacturers Association (KVMA).

Vehicle price plays important role in Kenya market, Asian players are targeting this segment by offering low budget vehicles.  SinoTruk and Tata Motors are leading OEMs in Truck segment. These brands are positioned as reasonable and value-for-money products.

Volkswagen is having JV with Kenya Govt. VW plant is expected to start by end of 2017.The government has a 35 per cent stake in this JV. A number of companies with the assembly operation in Kenya – including Japan’s Toyota and General Motors – are also looking into applying for the incentives introduced by Govt. Volkswagen, Cherry, Renault, Toyota considered the country’s strategic position as a gateway to the East and Central African regions.

Under the new duty structure, Govt is promoting locally manufacture practice. CKD kits are waived from the 25% import duty and 20% excise levy that applicable on fully built imports vehicles. Under this tax system Excise Duty Act of 2015 local assemble vehicle will be available at competitive price. Govt imposed some additional tax on new vehicles and more than 3-year-old vehicle in 2016 which had a negative impact on Auto Industry. After pressure from many Industry stake holders of Auto Industry, this additional tax was removed. Due to additional tax, prices of pick-ups, buses and trucks increased by between Sh231,000 and Sh1.2 million.

Key Highlights of the report:

  • Market Overview and Latest development
  • Product pricing Analysis of New used and Refurbished vehicle
  • Truck, Bus and Passenger Vehicle Included in report
  • Trend and Forecast 2023
  • Brand Position
  • Customer behaviour
  • Customer Segments
  • Vehicle Uses/Application
  • Sub Segment Analysis
  • Macro Economy Analysis and Forecast
  • Product Position of Indian, Chinese, European, Japanese and American brands

The report is available for Premium Subscriber also, If you are not the premium subscriber please contact to nidhi.singh@autobei.com

Tanzania Auto Industry Auto Industry Analysis and Outlook is a detail report. It is part of East Africa Auto Industry Analysis. Tanzania maintained steady, high growth over the last period around 6%–7% per annum. The inflation rate is under control of around 5 percent and poverty rate declined.

Tanzania Auto Market Strategy Analysis and Forecast

Tanzania’s economy with its ever-growing middle class is powering a growing and impactful Regional Auto industry. New products, OEM strategy, Assembly units and an old manufacturer returning, are reshaping Tanzania’s Auto Industry. An East African market is having huge potential for Auto Industry. Tanzania is one of the key markets in East Africa region.

In 2016 the Passenger vehicle segment showed 19 percent degrowth and even the Truck segment showed de-growth. However, the bus segment registered some positive growth.

The market is divided into New, Refurbished and Used vehicle. To increase the market share of new vehicle sales, OEMs are looking into options to assemble vehicle parts locally or import from Assembly in Kenya and another neighboring country. This step also avoids the import duty on a new vehicle.

Pick up segment is the largest segment in Tanzania with more than 60 percent market share, followed by SUV with more than 30 percent. Car and Van make up 2 and 1 percent respectively of Tanzania’s Auto Industry.

Hatchback, Saloon and Station wagons are major body type vehicles in Tanzania. B and C type vehicles are more popular segment since it is price sensitive market.

In SUV segment, Toyota, Land Rover, and Nissan are major players. In SUV segment, C and D body types are dominating vehicles. Van’s market is stagnant and Maruti is the market leader.

The price of the one of the refurbished SUV model is around 12,000 US$ and brand-new vehicle price is 24,000 US$. We have covered prices of all key models of all segment in our detail report.

The Chinese OEMs are also trying to crack SUV segment fast, to have a significant presence in East Africa.

In Pickup segment, Toyota, Ford, and Nissan are major players. Toyota Hilux is the market leader in this segment.

The standard warranty on these vehicles is 3 years or 100,000 Kms whichever occurs first.

Investment in Infrastructure development and steady growth in agriculture and transportation are the main key drivers of the Cargo Vehicle segment. Road transport is the major transport segment because rail network is inefficient. For all major goods, transportation Cargo vehicle (CV) is mainly used.

Heavy Duty Truck is the largest segment in Commercial Vehicle segment. Chinese OEMs are dominating the market due to its price positioning and cordial ties in Afro-Chinese Political & Economic relationships. There is a quantum difference between the market prices of Chinese and any another foreign brand.

Chinese automobile brands improved their brand positioning in the last couple of years. Sino Truk, Foton, and Dongfeng are few major Chinese brands in this segment.  Most of the Chinese brands offer customized vehicles which suit the market dynamics of the country of Tanzania. For example, they install heavy engines and bigger fuel tanks which suit long distance movement of vehicles. Their new Chinese vehicle price is almost half compared to the new vehicle price.

Volvo and Scania are popular brands in the refurbished Truck segment. Scania buses are also popular in luxury bus segment.

Tata is the market leader in Medium Duty Truck segment while Mitsubishi is the market leader in Light Duty Truck segment.

Eicher, Kinglong, and Tata are major players in Bus Segment.

The important buying criteria for Truck purchase are the mileage it offers, Low maintenance cost, and its resale value.

For marketing and brand awareness the most effective promotional media are Bill Board ads, Auto magazine, and Trade Fairs.

Report Highlights:

  • Industry Overview
  • Commercial Vehicle and Passenger Vehicle Sales Trend and Forecast
  • Market Drivers
  • Market Challenges and recent development
  • Model Level Analysis of Passenger, Truck and Bus segment
  • Product Analysis – Price, USP, buyer segment, Technical Specs and Position
  • Brand position and perception
  • Detail Sub-segment Analysis