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Report Published: "Latvia Autos Report 2014"

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2013-12-23 18:33:15 - New Transportation research report from Business Monitor International is now available from Fast Market Research

BMI forecasts a 1.4% drop in total vehicle sales in 2013, despite an expected uptick in the passenger car segment, on the back of our bearish outlook for commercial vehicles (CVs). In 2014, we forecast a 4.2% increase in vehicle sales as the industry shows signs of resurgence.

Despite our initially bearish outlook on the segment, we now expect to see a resurgence in Latvia's passenger car segment. Indeed, on the back of recent growth, lower base effects, and a pick-up in broader measures of retail spending, we now expect to see 3% growth in passenger car sales in 2013.

BMI maintains a generally bearish outlook on the commercial vehicle (CV) segment in Latvia. Industrial production has remained fairly weak throughout 2013,

and tepid external demand has weighed on broader measures of economic growth. We believe that this, combined with high base effects from strong sales growth in 2012, has served to temper CV demand over the course of the year. Accordingly, we forecast a 9% drop in LCV sales in 2013, as base effects in Q4 help buoy the y-o-y growth rate for the LCV segment while dampening growth in the heavy truck segment.

Full Report Details at

Report Table of Contents:

BMI Industry View
- Political
- Economic
- Business Environment
Industry Forecast
- Table: Passenger Cars Sales, 2010-2017
- Passenger Cars
- Table: Latvia Passenger Car Sales Data And Forecasts
- Commercial Vehicles
- Table: Latvia Commercial Vehicle Sales Data And Forecasts
- Suppliers
Macroeconomic Forecasts
- Economic Analysis
- Real GDP By Expenditure Breakdown
- Risks To Outlook
- Table: Latvia - Economic Activity
Industry Risk Reward Ratings
- Europe Risk/Reward Ratings
- Table: Europe Risk/Reward Ratings
Company Profile
- Company Monitor
- Table: Opel's Production Sites
Regional Overview
- Western Europe Overview
Global Industry Overview
Demographic Forecast
- Table: Latvia's Population By Age Group, 1990-2020 ('000)
- Table: Latvia's Population By Age Group, 1990-2020 (% of total)
- Table: Latvia's Key Population Ratios, 1990-2020
- Table: Latvia'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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