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"Romania Autos Report Q4 2010" is now available at Fast Market Research

Recently published research from Business Monitor International, "Romania Autos Report Q4 2010", is now available at Fast Market Research

 
PRLog - Oct. 13, 2010 - Sales in Romania have been hit heavily by the global financial crisis, and this trend does not look like it will dramatically let up. A combination of tightening credit and increased taxes look set to stop any major growth of new car sales, BMI's projections have 2010 as the trough of the recovery though, with sales of only 113,375, down from 366,819 in the bumper year of 2007. We do not see this figure being reached by the end of the forecast period, with 2014s forecasted sales to be around 207,500.

However, the Automotive Manufacturers and Importers Association (APIA) in Romania has said that it does not expect new car sales to exceed 100,000 units over the course of 2010  which leads to the view that any change from our forecast will be downwards. It must be said that this downgrading of expectations is happening while the Government-funded cash for clunkers programme is going on. This is suggestive of other restrictions that are being placed on consumers, particularly the VAT increase from 19% to 24% in June, which changed from This resulted in a 40% year-on-year (y-o-y) fall in new passenger vehicles during July.

Other elements of the auto industry appear to be thriving, however. In terms of capacity, both Automobile Dacia and Ford Motor, the two largest auto majors in Romania, have been ramping up production.

The second-hand car market is also showing solid growth. Used car dealerships are reporting nearly 20% y-o-y sales increases in H110, which if sustained could take the country's total used car market to the 2008 level by the end of this year. This contrasts with the near 58% y-o-y decline in new car business in Romania during the same period and highlights BMI's concerns about the weak state of private consumption in the country.

For more information or to purchase this report, go to:
-  http://www.fastmr.com/prod/87966_romania_autos_report_q4_...

Report Table of Contents:

Executive Summary
SWOT Analysis
- Romania Auto Industry SWOT
- Romania Political SWOT
- Romania Economic SWOT
- Romania Business Environment SWOT
Regional Overview
- Domestic Demand In Emerging Europe Will Steer Upturn
Business Environment Ratings
- EMs Show Off Potential
- Table: Western Central And Eastern Europe Business Environment Ratings
Industry Forecast Scenario
- Production And Sales
- Table: Romania Auto Historical Data And Forecasts, Production
- Table: Romania Auto Historical Data And Forecasts, Sales
- Trade
- Table: Romania Auto Historical Data And Forecasts, Exports/Imports
- Economic Contribution
- Table: Romania Auto Sector - Historical Data And Forecasts, GDP
- Macroeconomic Forecast Scenario
- Table: Romania - Economic Activity
Competitive Landscape
- Table: Romanian Automotive Sector, 2009 (CBUs)
- Table: Romania - Key Players In The Vehicles Market
- Used Vehicles
- Ford Motor
- Automobile Dacia
- Labour Issues
- Suppliers
- Commercial Vehicles
- Table: Romania - Top 10 Brands On The LCV And Minibus Market, 2006-2008 (CBUs)
- Table: Romania - Top 10 Brands On The HCV And Bus Market, 2006-2008 (CBUs)
Company Monitor
- PSA Peugeot Citroen Regional Profile
- Financial Woes
- Focus On Faurecia
- Merger Opportunity
- Eye On Eastern Europe
Company Profiles
- Automobile Dacia
- Automobile Craiova
- Renault
- Continental
- Roman Brasov
Country Snapshot: Romania Demographic Data
- Section 1: Population
- Section 2: Education And Healthcare
- Table: Vital Statistics, 2005-2030
- Section 3: Labour Market And Spending Power
- Table: Employment Indicators, 2001-2006
- Table: Consumer Expenditure, 2005-2010 (US$)
- Table: Average Annual Wages, 2006-2010
BMI Methodology
- How We Generate Our Forecasting Model
- 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 http://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 http://www.fastmr.com or call us at 1.800.844.8156.

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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.

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Source:Fast Market Research
Phone:1.800.844.8156
Zip:01267
State/Province:Massachusetts - United States
Industry:Transportation, Automotive, Shipping
Tags:auto, car, automobile, vehicles, cbus, dacia, automotive, ratings, motor, does
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