Chile Autos Report 2015 - Business Monitor International - Industry Reports

Chile Autos Report 2015

55 pages — Published Nov 01, 2014
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Abstract:

The year ---- has proved a more challenging year for new vehicle sales within Chile than ----. Sales of passenger cars and light commercial vehicles (livianos y medianos) were down by -.- year-on-year (y-o- y), at ---,--- units over -M-- (most recent data available as this report was being compiled), according to figures from Chile s national automotive association (ANAC). ...The year ---- has proved a more challenging year for new vehicle sales within Chile than ----. Sales of passenger cars and light commercial vehicles (livianos y medianos) were down by -.- year-on-year (y-o- y), at ---,--- units over -M-- (most recent data available as this report was being compiled), according to figures from Chile s national automotive association (ANAC). Over the same period, heavy commercial vehicle and bus sales were down by -- y-o-y, at -,--- units. ...Over the full forecast period to ----, BMI forecasts -.- growth in new vehicle sales, to reach around ---,--- units sold per annum. We do not anticipate the size of the new vehicle sales market to return to its

...We expect stronger growth from the commercial vehicle and bus segments than from passenger cars, reflecting the still-challenging conditions for domestic consumption. ...Maruti Suzuki exports the Alto to Chile, while in September ----, GM India started exporting left-hand-drive versions of the Chevrolet Beat. Looking at sales trends over the first eight months of ---- (most recent data available as this report was being compiled), US automaker Chevrolet (a subsidiary of General Motors) remains the dominant player within the passenger car segment, selling --,--- passenger cars and sports utility vehicles (SUVs) for a market share of --.- . In second place is Korean manufacturer Hyundai, which sold --,--- units for a market share of --.- , followed by fellow Korean manufacturer Kia on --,--- units (--.- ). ...In second place is Korean manufacturer Hyundai, which sold --,--- units for a market share of --.- , followed by fellow Korean manufacturer Kia on --,--- units (--.- ). There are company profiles for both GM Chile and Automotores Gildemeister (Hyundai s local distributor) in this report.

...There is no evidence of active terrorism in Chile, and the underground leftist movement that emerged after the right-wing military coup of ---- has all but disappeared from domestic politics. Despite reports of increased crime levels, the occurrence of serious offences remains relatively low. ...Despite reports of increased crime levels, the occurrence of serious offences remains relatively low. Chile - particularly the capital, Santiago - is still considered one of the safest countries in Latin America. Chile enjoys a stable democratic political system, with strong institutions. ...

  
Source:
Document ID
1748-9822
Country
Industry
Format:
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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. "Chile Autos Report 2015" Nov 01, 2014. Alacra Store. Nov 26, 2014. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Chile-Autos-Report-2015-2026-716>
  
APA:
Business Monitor International - Industry Reports. (2014). Chile Autos Report 2015 Nov 01, 2014. New York, NY: Alacra Store. Retrieved Nov 26, 2014 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Chile-Autos-Report-2015-2026-716>
  
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