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Bharat Book Bureau Releases Autos Report Pakistan

The Pakistan Automotives Report has been researched at source, and features latest-available data covering production, sales, imports and exports.
 

FOR IMMEDIATE RELEASE

PRLog (Press Release)Oct 17, 2007 – Independent 5 year Automotive industry forecasts for Pakistan.

Original Automotive market research and Automotive sector trend analysis for the Pakistan Automotive industry.

Competitive intelligence, Pakistann Automotive company rankings and SWOT analyses on international and domestic Automotive companies in Pakistan.



The Pakistan Automotives Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2011; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.



It’s Pakistann Automotives Report provides industry professionals and strategists, corporate analysts, auto associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the Pakistann automotives market.

Key Benefits

Benchmark It’s independent 5-year Automotives Industry forecasts on Pakistan to test other views – a key input for successful budgetary and planning in the Pakistani Automotives market.

Target Business Opportunities & Risks in the Pakistani Automotives sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Pakistan.

Exploit the Latest Competitive Pakistani Automotives Intelligence & company SWOTS on your competitors and peers through company rankings by production, sales, market share and ownership structure – includes multi national and national companies in Pakistan.

Coverage    

Executive Summary & Swot Analysis : Summary of the key industry forecasts and trend analysis, and commentary on key company and industry headline events. Collection of SWOT studies on local automotives market, economy and business environment.

Regional Overview : Cross-border analysis on the structure, size and value of the automotives sector, including comparative historical data and forecasts on the region’s sales and production figures.

Business Environment Rankings : Comparative guide to the region’s business environment, ranking of the regional markets by CBU Output Growth, Vehicle Penetration Potential, Regulation, Market Competition, Economics Risk and Politics Risk. The rankings table provides view on the competitiveness of the regional markets.

Market Overview : Outlook of local market, commenting on its structure, size and value.

5-Year Industry Forecast : Historic data series and 5-year forecasts to end-2009 for all key industry indicators (see list below), supported by explicit assumptions, plus analysis of key downside risks to the main forecast, including: Total production value (US$bn); total production of units; production by vehicle-type, including cars, commercial vehicles, trucks and buses; total sales value (US$bn); sales by vehicle-type, including passenger cars and commercial vehicles (vans and microbuses, pickups, trucks and buses, 4 wheel drive); total exports by value (US$bn) and by units; total imports by value (US$bn) and by units; contribution to GDP; employment in industry.

5-Year Macroeconomic Forecast : The forecasts for all headline macroeconomic indicators, including real GDP growth, inflation, fiscal balance, trade balance, current account and external debt.

Competitive Landscape : Comparative company analyses and rankings by production, sales, % market share, employees, registration date and ownership structure.

Company Profiles & SWOTS : Company profiles, including SWOT (Strengths, Weaknesses, Opportunities & Threats) analyses, fully researched senior executives and full contact details, business activity, leading products and services.

Executive Summary

The Sector At A Glance

Key Insights On The Automotive Sector Of Pakistan

It has revised down its growth forecast for the Pakistani car market in its latest Pakistan Automotive Report, following a lacklustre performance in the first five months of the current financial year. Sales are expected to rise by 5.0% (car sales are set to rise by just 2.8%), down from the 6.0% forecast in the previous quarter's report. We have maintained our output forecast at 2.8%, with car production up 3.1%. This is a drastic change from FY05/06 (ending June 2006), when Pakistan auto sales rose by 19% and production by 23% (to 241,438 and 246,341 units respectively). The decline in sales growth is attributed to a moderation in GDP-growth and a hike in interest rates following the central bank's decision to raise the discount rate by 50bps to 9.5% in July 2006. Lending rates are set to reach 11.65% by end-FY06/07, up from 9.53% in the previous financial year, thereby increasing the cost of borrowing to purchase cars. The lending-rate is expected to decline over the rest of the forecast period, while GDP growth is likely to recover to its FY05/06 level, leading to a strengthening of automotive sales growth.

The government is currently preparing its Auto Industry Development Plan (AIDP), a five-year plan under which the government aims to increase the local production of cars from 200,000 in 2005-2006 to 500,000 in 2011, by making the local auto industry more competitive, creating capacity for local design and innovation, domestic competition, human-resource development and auto-cluster development. The government is consulting with local carmakers to achieve consensus on how the AIDP can realise its objectives. One of the main issues is the indigenisation of the local automotive industry. The industries ministry and the car assemblers also agreed to set up a constitutional mechanism involving both the government and the auto industry for regular assessment of the AIDP implementation.

In December 2006, local car assemblers demanded a complete ban on the import of used cars in the government's proposed AIDP. They warned that the country's car industry faced collapse unless protectionist measures were implemented. The government has stated that it will not include the provision in the draft policy until the gap between supply and demand was bridged. There is therefore a chance that Pakistan could opt for a more protectionist trade-stance, which would ensure a market for domestically-manufactured vehicles. Protectionism could perpetuate inefficiency and raise costs for the automotive industry, which could limit growth in automotive exports and future growth in the manufacturing sector.

For more information kindly visit : http://www.bharatbook.com/detail.asp?id=16142

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Issued By:Bharat Book Bureau
Website:http://www.bharatbook.com
Email:Click to contact author
Phone:+91 22 2757 8668
Fax:+91 22 2757 9131
Address:207,Hermes Atrium, Sector 11
:CBD Belapur
City/Town:Navi Mumbai
State/Province:Maharashtra
Zip:400614
Country:India
Categories:Automotive
Tags:Autos Report Pakistan

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