Sweden Autos Report - Business Monitor International - Industry Reports

Sweden Autos Report

Sweden Autos Report - Business Monitor International - Industry Reports
Sweden Autos Report
Published Oct 15, 2016
33 pages — Published Oct 15, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

� Business Monitor International Ltd Page - team has become more negative on the outlook for GDP growth over ----/--, when compared with the preceding two-year period. Economic activity will weaken, impacted by stagnant exports, a cooling residential construction market, and slowing household consumption growth. ...The first two risks are interlinked: namely Brexit and the resultant impact on global trade. We believe that the direct impact on the Swedish economy of a so-called hard Brexit (ie, the UK s departure from the EU s Single Market and its associated requirement for the free movement of people) could be significant, as the UK is Sweden s fourth-largest export market. However, such effects are likely to be longer-term in nature, and will depend on the final trade arrangement that the UK reaches with the EU. ...We project a slowdown in household consumption growth to -.- in ------- on average, compared with -.- in -------. This fact, coupled with high household debt levels, should lead to a slowdown in demand for new vehicles over the coming -- months.

...Across our forecast period to ----, we are targeting --.- growth in new vehicle sales, to reach over ---,--- units by ----. We are expecting stronger sales growth from passenger cars (--.- ) than commercial vehicles (--.- ) over the forecast period. ...All told, this made for a total vehicle sales market of ---,--- units. Commercial Vehicle Sales By Type (---------) Light commercial vehicle sales, units Heavy truck sales, units Bus and coach sales, units ---- ---- ----f ----f ----f ----f ----f - --,--- --,--- --,--- ---,--- f = BMI forecast. Commercial vehicle sales fared slightly less strongly, rising -.- y-o-y to --,--- units. ...Commercial Vehicle Sales By Type (---------) Light commercial vehicle sales, units Heavy truck sales, units Bus and coach sales, units ---- ---- ----f ----f ----f ----f ----f - --,--- --,--- --,--- ---,--- f = BMI forecast.

...Breaking down the headline figure, passenger car sales grew by - , to ---,--- units. ...Against this backdrop of strong sales and robust demand, we maintain our forecast of -.- growth for the current year. However, moving forward, we are now flagging up some potential downside risks to the economy (and, by extension new car sales), which could see sales growth slow significantly in ----. On the commercial vehicle side, light commercial vehicle (LCV) sales grew by --.- , to --,--- units, while heavy commercial vehicle (HCV) sales grew by --.- , to -,--- units. ...

  
Source:
Document ID
2055-4575
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. "Sweden Autos Report" Oct 15, 2016. Alacra Store. Dec 05, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Sweden-Autos-Report-2026-1574>
  
APA:
Business Monitor International - Industry Reports. (2016). Sweden Autos Report Oct 15, 2016. New York, NY: Alacra Store. Retrieved Dec 05, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Sweden-Autos-Report-2026-1574>
  
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