2013-02-28 15:13:02 - Fast Market Research recommends "Romania Autos Report Q1 2013" from Business Monitor International, now available

Over the first 10 months of 2012, passenger car sales in Romania declined 12.3% year-on-year (y-o-y), to 55,910 units. BMI forecasts sales in this segment to decline 14% in the full-year. BMI maintains a particularly bearish outlook for GDP growth in Romania, in particular private consumption. Unemployment increased in 2012, and access to consumer credit remains weak. We expect these trends to continue into 2013. This outlook has informed our passenger car sales forecasts for 2012 and 2013. Over the remainder of 2017 forecast period, we expect to see a steady increase in sales volumes, but believe the market will remain considerably below its 2007-peak within this time frame.

In Romania, the used car segment is far more substantial than the

new car market. In the first 10 months of 2012, sales in the used car segment increased 82.1% y-o-y, to 137,841 units. As private consumption puts downward pressure on sales in the new car segment, we believe that Romanians are increasingly turning to the used car market as a more affordable alternative. Anecdotal evidence also suggests that the average age of the cars on the road is increasing, as drivers look to keep their cars longer before replacing them. In the first seven months of 2012 (that latest data available), vehicle production in Romania decreased 4.3% y-o-y, to 192,658 units. Passenger car production declined 2.2% y-o-y in this period, while commercial vehicle (CV) production declined 28.5% y-o-y. BMI believes that passenger car production will resurge later in the year on the back of strong export growth, and forecast 2% growth. In the CV segment, we forecast a decline of 20%, due predominantly to Ford Motor shifting production.


Full Report Details at
- www.fastmr.com/prod/536543_romania_autos_report_q1_2013.aspx


Vehicle exports in 7M12 increased 7% y-o-y, to 192,046 units. Exports of passenger cars increased 10.1% y-o-y in this period, to 181,941 units, while CV exports decreased 28.7% y-o-y, to 10,105 units. Dacia, a Renault subsidiary, dominated the growth in exports in the passenger car segment, with the Duster model reaching 88,420 units in this period. 39,842 units of the Sandero model were exported.

Report Table of Contents:

BMI Industry View
SWOT
- Political
- Economic
- Business Environment
Industry Forecast
- Sales Forecasts & Analysis
- Table: Sales Forecasts
- Production Forecasts And Analysis
- Table: Production Forecasts
- Trade Forecasts & Analysis
- Table: Balance of Trade Forecasts
Macroeconomic Forecasts
- Economic Analysis
- Table: Romania - Balance Of Payments (Euro)
Industry Risk Reward Ratings
- Table: BMI Industry Risk/Reward Ratings For Autos In Europe
Competitive Landscape
- Passenger Cars
- Table: Passenger Car Sales, Production and Trade Forecasts
- Table: Passenger Car Sales By Brand
- Table: Used Car Sales By Brand
- Commercial Vehicles
- Table: Commercial Vehicle Production, Sales, and Trade Forecasts
- Motorcycles Forecasts And Analysis
- Table: Motorcycle Forecasts
- Suppliers
Company Profile
- Company Monitor
- Automobile Dacia
- Continental
Regional Overview
- Global Industry Overview
- Table: Passenger Car Sales 8M12
- Incentive Boom For Japan, US Powers On
- UK Leads As Germany Falters
- Russia And Brazil Go From Strength To Strength
Demographic Forecast
- Table: Romania's Population By Age Group, 1990-2020 ('000)
- Table: Romania's Population By Age Group, 1990-2020 (% of total)
- Table: Romania's Key Population Ratios, 1990-2020
- Table: Romania's Rural And Urban Population, 1990-2020
Methodology
- How We Generate Our Industry Forecasts
- Automobile Industry
- Sources

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.