Bahrain Autos Report - Business Monitor International - Industry Reports

Bahrain Autos Report

Bahrain Autos Report - Business Monitor International - Industry Reports
Bahrain Autos Report
Published Jun 18, 2016
33 pages — Published Jun 18, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

In ----, Bahrain s autos market will become a victim of the government s ongoing spending cutbacks, which will erode the spending power of consumers and businesses alike. As our Country Risk team expect the construction sector to remain one of the main drivers of economic growth over the coming quarters, we expect the CV segment to outperform the overall autos market during ---- as heavy vehicle demand will remain robust. ...Various infrastructure and industrial projects are scheduled to come on line over the coming years, with strong momentum from ----. In response to the government s continued austerity as a result of lower oil prices (see Spending Cuts Underway Amid Needed Multi-Year Adjustment , March --), we have revised down our total vehicle sales forecast to a contraction of --.- in ----, led by a -- drop in PC sales, while commercial vehicle sales will fall --.- . We believe the low oil price environment will see the government come under pressure to ...In response to the government s continued austerity as a result of lower oil prices (see Spending Cuts Underway Amid Needed Multi-Year Adjustment , March --), we have revised down our total vehicle sales forecast to a contraction of --.- in ----, led by a -- drop in PC sales, while commercial vehicle sales will fall --.- . We believe the low oil price environment will see the government come under pressure to

...Bahrain - OPEC basket price, USD/bbl, ave (RHS) ---- ----e ----f ----f ----f ----f ----f - - - - -- -- -- --- e/f = BMI estimate/forecast. Source: National sources, BMI However, in ---- we now expect a bleak picture across most segments. ...Source: National sources, BMI However, in ---- we now expect a bleak picture across most segments. There remain opportunities at the extremes of the spectrum, both at the more affordable end as consumers in need of a new vehicle are forced to downsize, and also at the premium end where the most affluent consumers will be impacted less by general economic conditions. We also see the SUV segment being a relative outperformer, which aligns with our view that this will be one of the best performing segments globally. ...We also see the SUV segment being a relative outperformer, which aligns with our view that this will be one of the best performing segments globally. The subcompact SUV and crossover markets in particular stand out, as consumers wanting the features of an SUV, especially where the terrain dictates choice, can find a more affordable option (see Rising

...Bahrain Vehicle Sales Growth By Segment Bahrain - Passenger car sales, units, y-o-y Bahrain - Commercial vehicle sales, units, y-o-y ---- ---- ----f ----f ----f ----f ----f --- - -- --- -- f = forecast. Source: BMI, CIO In terms of PCs, consumers are being squeezed as the country looks to increase the prices of basic commodities as it seeks to cut its overall budget deficit. ...

  
Source:
Document ID
1748-9776
Country
Industry
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Bahrain Autos Report" Jun 18, 2016. Alacra Store. Dec 05, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Bahrain-Autos-Report-2026-426>
  
APA:
Business Monitor International - Industry Reports. (2016). Bahrain Autos Report Jun 18, 2016. New York, NY: Alacra Store. Retrieved Dec 05, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Bahrain-Autos-Report-2026-426>
  
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