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Report Published: "Canada Autos Report Q1 2014"

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2014-01-03 19:37:57 - Recently published research from Business Monitor International, "Canada Autos Report Q1 2014", is now available at Fast Market Research

The booming light truck segment carried total light vehicle sales to another strong month in November 2013 with sales up 6.5% year-on-year (y-o-y). This has prompted a slight upward adjustment to our full-year estimate for total light vehicle sales, which we now expect to end 2013 up 4.7%. Furthermore, based on an improving GDP outlook for 2014 and 2015, coupled with a better than expected year for sales in 2013, we have also revised our forecasts upwards for the next two years. We expect the light truck segment to continue its outperformance of the passenger car segment going forward. The downside risk, however, will be the potential for a crash in the housing market, which is one of the biggest

drivers of the segment.

New model launches will also contribute to growth in the year ahead. Chrysler has already proven the benefits on new launches as the carmaker claimed its new Jeep Cherokee was a key part of its 13.0% y-o-y growth in November, the highest among Detroit's Big Three. Indeed, launches for 2014 include the brand new Chevrolet Colorado and GMC Canyon in the smaller compact to mid-sized segment, which has been drastically reduced in terms of the number of models on offer in recent years. This could spark a resurgence at the smaller end of the truck market.

Full Report Details at

At the heavier end, the medium and heavy truck market is still struggling. Sales of Class 4-8 trucks fell 9.2% for the first 10 months of 2013, mostly on the back of declines posted by the segment's major manufacturers. With volumes in each segment being relatively small with just a few key players, the performances of each brand have a bigger impact on each segment and the overall big truck market.

We maintain our forecast for 2013 of a 5% decline in medium and heavy duty truck sales to 36,760 units. Our view that there would be potential for sales to pick up toward the end of the year and heading into 2014 with help from the regulatory environment appears to be playing out, however, as contractions are moderating from earlier in the year. This means we are happy to keep our forecast for 5% growth in 2014, which will be backed by not only regulatory developments, but also upside potential in the freight transport segment.

Report Table of Contents:

BMI Industry View
- Economic
- Political
Industry Forecast
- Table: Canada Autos Sector: Historical Data And Forecasts, 2010-2017
- Production
- Passenger Vehicles
- Table: Canada Autos Sector: Historical Data And Forecasts, 2010-2017
- Table: Canada - Top 10 New Light Vehicle Sales Jan-Nov 2013 (CBUs)
- Commercial Vehicles
- Table: Canada Autos Sector: Historical Data And Forecasts, 2010-2017
Macroeconomic Forecasts
- Economic Activity
- Table: Canada - Gdp By Expenditure, Real Growth %
- GDP By Expenditure
- Risks To Outlook
- Table: Canada Long-Term Macroeconomic Forecasts
Industry Risk/Reward Ratings
- Table: Latin America Risk/ Rewards Ratings
Company Profile
- Company Monitor
- Ford Motor
- General Motors
Regional Overview
Global Industry Overview
Demographic Forecast
- Demographic Outlook
- Table: Canada's Population By Age Group, 1990-2020 ('000)
- Table: Canada's Population By Age Group, 1990-2020 (% of total)
- Table: Canada's Key Population Ratios, 1990-2020
- Table: Canada's Rural And Urban Population, 1990-2020
- Industry Forecasts
- Sector-Specific Methodology
- Sources
- 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

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 or call us at 1.800.844.8156.

Bill Thompson
Phone: 18008448156

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