Czech Republic Autos Report - Business Monitor International - Industry Reports

Czech Republic Autos Report

Czech Republic Autos Report - Business Monitor International - Industry Reports
Czech Republic Autos Report
Published Sep 24, 2016
49 pages — Published Sep 24, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

In ---- and ----, we forecast that the country s export-led economic recovery will maintain its momentum and that economic growth will begin translating into more vehicle sales growth at a rate of --.- in ---- and -.- in ---- - reaching ---,--- units sold annually by end-----. Over the year, growth in exports to the recovering European Union will continue to boost industrial production and employment in the country, which, in turn, will boost both consumer spending on cars and business investment into new corporate fleets of passenger cars and commercial vehicles (CVs). ...In ---- and ----, we forecast that the country s export-led economic recovery will maintain its momentum and that economic growth will begin translating into more vehicle sales growth at a rate of --.- in ---- and -.- in ---- - reaching ---,--- units sold annually by end-----. Over the year, growth in exports to the recovering European Union will continue to boost industrial production and employment in the country, which, in turn, will boost both consumer spending on cars and business investment into new corporate fleets of passenger cars and commercial vehicles (CVs). Given these factors, we forecast passenger car sales to expand --.- in ---- and -.- in ----, while CV sales will expand --.- in ---- and -.- in ----. ...Given these factors, we forecast passenger car sales to expand --.- in ---- and -.- in ----, while CV sales will expand --.- in ---- and -.- in ----. Over the next five years, we also remain bullish on the Czech Republic s sales prospects but believe a slowdown in sales growth is inevitable as the market begins to top out after eight years of sales volumes

...Further breaking this down by segment, our bullish forecast of --.- sales growth for the passenger car segment in ---- and -.- in ---- is informed by our expectation of a continued improvement in the fundamental determinants of private consumption. Our Country Risk team forecasts real GDP growth of -.- and -.- in ---- and ----, respectively, as growing demand for the country s industrial exports continues to encourage fixed-asset investment, spur increases in industrial production for export, and create employment and real wage growth in the country. ...Further breaking this down by segment, our bullish forecast of --.- sales growth for the passenger car segment in ---- and -.- in ---- is informed by our expectation of a continued improvement in the fundamental determinants of private consumption. Our Country Risk team forecasts real GDP growth of -.- and -.- in ---- and ----, respectively, as growing demand for the country s industrial exports continues to encourage fixed-asset investment, spur increases in industrial production for export, and create employment and real wage growth in the country. As employment and real wages improve, we believe consumer spending on big ticket items will rise as well. ...Our Country Risk team forecasts real GDP growth of -.- and -.- in ---- and ----, respectively, as growing demand for the country s industrial exports continues to encourage fixed-asset investment, spur increases in industrial production for export, and create employment and real wage growth in the country. As employment and real wages improve, we believe consumer spending on big ticket items will rise as well.

...Vehicle sales are down by --.- y-o-y in July ---- due to fewer selling days compared to July ---- but sales are up --.- y-o-y for the -M-- period. We are maintaining our ---- forecast despite weak July sales. ...

  
Source:
Document ID
1748-9865
Country
Industry
Format:
PDF Adobe Acrobat
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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. "Czech Republic Autos Report" Sep 24, 2016. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Czech-Republic-Autos-Report-2026-165>
  
APA:
Business Monitor International - Industry Reports. (2016). Czech Republic Autos Report Sep 24, 2016. New York, NY: Alacra Store. Retrieved Dec 08, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Czech-Republic-Autos-Report-2026-165>
  
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