1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution

Market Report, "Chile Autos Report 2011", published

New Transportation research report from Business Monitor International is now available from Fast Market Research

 
PRLog - Nov. 9, 2010 - BMI has adjusted its five-year forecast for new car sales in Chile to reflect the recovery in consumer and business demand in the wake of the global financial crisis that coincided with the reconstruction efforts following February's earthquake. Following a record year for sales in 2010, we expect the Chilean economy to slow to growth of 4.5% y-o-y in 2011 and 3.2% in 2012. This, in turn, will translate into vehicle sales growth averaging 8% y-o-y between 2011 and 2015, taking market sales to just under 415,000 units by the end of the forecast period.

Helped also by rising demand in the mining sector - one of the pillars of the country's economy - businesses purchased a total 173,514 units in the first eight months of this year, already surpassing the total number of units sold in 2009. Meanwhile, we expect import demand to remain equally impressive over the medium term. In particular, we expect to see a marked uptick in the demand for imported capital goods as Chile attempts to rebuild production capacity that was lost following the earthquake. Further support to sales growth in the short and medium term will come from the Chilean government's investment in overhauling the road transport system. Volvo has become the second European carmaker to bag an order for 297 buses from Chile, after Daimler Buses secured an order for 1,000 Mercedes-Benz bus chassis in October 2009.

Despite the relatively small size of its auto market, BMI points out that Chile is one of the most promising markets for luxury vehicles in the region. According to estimates from the National Automotive Association of Chile (ANAC), unlike most markets, Chilean consumers are tending to opt for luxury cars over economy models. The tendency can be seen in the declining market share of vehicles valued at less than CLP6mn (US$12,000), while the market share of luxury vehicles - valued at more than CLP20mn (US$40,000) - increases. Accordingly, UK luxury carmaker Aston Martin made a foray into the Latin American auto market, by opening an exclusive dealership in the Chilean capital, Santiago, in April 2010.

Chile's main attraction lies in its relatively mature market and the well-developed infrastructure network, which ranks it in the fifth position in BMI's Industry Risk-Rewards Ratings. However, in view of the absence of a strong vehicle production arm, we see little prospect of it overtaking the regional leaders.

For more information or to purchase this report, go to:
-  http://www.fastmr.com/prod/91896_chile_autos_report_2011....

Report Table of Contents:

Executive Summary
SWOT Analysis
- Chile Auto Industry SWOT
- Chile Political SWOT
- Chile Economic SWOT
- Chile Business Environment SWOT
Regional Overview
- Region Best Poised For Increased NGV Sales
Business Environment Rankings
- Table: Latin America Auto Business Environment Ratings
- Regional Leaders
- The Underperformers
- Reining Developed States
Industry Forecast Scenario
- Production and Sales
- Table: Chile Autos Sector - Historical Data And Forecasts (CBUs unless otherwise stated)
- Trade
- Table: Chile Autos Sector - Historical Data And Forecasts (CBUs unless otherwise stated)
- Economic Contribution
- Table: Chile Autos Sector - Historical Data And Forecasts (CBUs unless otherwise stated)
Macroeconomic Forecast Scenario
Competitive Landscape
- Table: Chilean Luxury Car Market (Units), 2008/09
- Passenger Car Segment
- Table: Key Players: Chile Automotive Sector - Passenger Segment 2007
- Table: Chile's Top 10 Best Selling SUVs 2007
- Table: Chile's Top 10 Light Commercial Vehicles 2007
Company Monitor
Company Profiles
- General Motors Company
- Toyota Motor
- PSA Peugeot Citroen
Country Snapshot: Chile Demographic Data
- Section 1: Population
- Table: Demographic Indicators, 2005-2030
- Table: Rural/Urban Breakdown, 2005-2030
- Section 2: Education And Healthcare
- Table: Education, 2002-2005
- Table: Vital Statistics, 2005-2030
- Section 3: Labour Market And Spending Power
- Table: Employment Indicators, 2001-2006
- Table: Consumer Expenditure, 2000-2012 (US$)
- Table: Average Annual Wages, 2000-2012
BMI Forecast Modelling
- How We Generate Our Industry Forecasts
- 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.

--- End ---

Click to Share

Contact Email:
***@fastmr.com Email Verified
Source:Fast Market Research
Phone:1.800.844.8156
Zip:01267
State/Province:Massachusetts - United States
Industry:Transportation, Automotive, Shipping
Tags:auto, vehicle, chilean, luxury, car, cbus, automotive, ratings, buses, leaders
Shortcut:prlog.org/11052340
Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “

More...

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share