2013-12-29 20:55:31 - Fast Market Research recommends "Slovakia Autos Report Q1 2014" from Business Monitor International, now available
BMI forecasts vehicle sales in Slovakia to decrease 7.7% in 2013, on the back of weakness in the passenger car and commercial vehicle (CV) segments. In 2014, we forecast a decline in total sales of 0.5% as the economy recovers somewhat.
BMI maintains a fairly bearish outlook for private consumption growth in Slovakia in 2013. Consumer spending declined throughout 2012, and we expect this to continue throughout 2013. Further, real wage growth is stagnant, and unemployment is steadily increasing on the back of ongoing fiscal austerity measures.
Full Report Details at
BMI believes that economic growth in the country will continue to slow down somewhat over the course of 2013 on the back of declining domestic demand and contractions in
key export markets. Further, we expect manufacturing activity to decline further, and for business confidence to remain poor.
Passenger car production in Slovakia increased 44.8% in 2012, to 926,555 units, and BMI forecasts 6.5% growth in 2013. This increasing output in Slovakia, and other Central and Eastern Europe (CEE) states more generally, can be seen in contrast to decreasing production levels in much of Western Europe as auto manufacturers strive to cut costs amid continuing economic uncertainty in the region. BMI believes that the Western European auto market will remain generally weak in the short-to-medium term, and we expect auto investments in the region to dwindle, in contrast to the generally increasing investor sentiment in the CEE region.
Report Table of Contents:
BMI Industry View
- Business Environment
- Table: Slovakia Auto Sales, 2010-2017
- Table: Slovakia Auto Production, 2010-2017
- Table: Slovakia Auto Trade, 2010-2017
- Passenger Vehicles
- Table: Slovakia Passenger Cars, 2010-2017
- Key Players
- Table: Slovakia Passenger Car Sales By Brand
- Industry News
- Commercial Vehicles
- Table: Slovakia Commercial Vehicles, 2010-2017
- Economic Activity
- Table: Slovakia - Economic Activity
Industry Risk Reward Ratings
- Europe Risk/Reward Ratings
- Table: Europe Risk/Reward Ratings
- Company Monitor
- Table: Opel's Production Sites
- Western Europe Overview
Global Industry Overview
- Demographic Outlook
- Table: Slovakia's Population By Age Group, 1990-2020 ('000)
- Table: Slovakia's Population By Age Group, 1990-2020 (% of total)
- Table: Slovakia's Key Population Ratios, 1990-2020
- Table: Slovakia's Rural And Urban Population, 1990-2020
- Industry Forecasts
- Sector-Specific Methodology
- Risk/Reward Ratings Methodology
- Table: Automotive Risk/Reward Ratings Indicators And Weighting Of Indicators
About Business Monitor International
Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at www.fastmr.com/catalog/publishers.aspx?pubid=1010
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.
For more information about these or related research reports, please visit our website at www.fastmr.com
or call us at 1.800.844.8156.