Bharat Book Bureau Releases Autos Report South Africa

Oct. 27, 2007 - PRLog -- Independent 5 year Automotive industry forecasts for South Africa.

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

Competitive intelligence, South African Automotive company rankings and SWOT analyses on international and domestic Automotive companies in South Africa.

The South Africa 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.

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

Key Benefits

Benchmark It’s independent 5-year Automotives Industry forecasts on South Africa to test other views – a key input for successful budgetary and planning in the South African Automotives market.
Target Business Opportunities & Risks in the South African Automotives sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in South Africa.
Exploit the Latest Competitive South African 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 South Africa.
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 South Africa

Car sales growth showed signs of slowing in H206 as household spending moderated in response to interest rate hikes, according to BMI's latest South Africa Automotives Report. In November 2006, vehicle sales rose 9.6% year-on-year (y-o-y) to 55,364 units, but declined 4.2% compared to October. This brought year-to-date sales to 597,322 units, a rise of 15% y-o-y. With household spending on cars largely funded by borrowing, car sales are sensitive to monetary policy. Nevertheless, the commercial vehicle segment continues to go from strength to strength, on the back of both public- and private-sector investment in infrastructure. The strongest growth was seen in the heavy and extra-heavy commercial vehicle segments, which grew 28.3% and 24.0% respectively.

Market leader Toyota managed to fight the month-on-month (m-o-m) decline in car sales in November 2006, as its sales rose marginally from 13,437 units in October to 13,963. However, Volkswagen (VW) in second and third-placed General Motors (GM), both saw their sales fall by 16% and 5% respectively. Based on this performance, Toyota looks set to retain its market leadership for 2006 and will consolidate its position with plans to raise output at its Prospecton plant to meet increased demand for its Fortuner SUV and Hilux pick-up truck.

With the downturn in growth in H206, BMI has revised its 2006 sales forecast down from 19.0% to 15.0%, with car sales growing 14.4% and commercial-vehicle sales up 16.0%. BMI expects total automotive sales to reach 914,881 units by 2010 - higher than the 830,000 forecast by the National Association of Automobile Manufacturers of South Africa (NAAMSA), but lower than the 1mn forecast by Volkswagen South Africa. Growth in industry and transport will help sustain strong growth in the commercial-vehicles segment, which will lead growth in the forecast period. The main risks to the automotive market are a depreciation of the rand and rising fuel costs. A fall in the rand will raise car prices. As South Africa exports higher-value and larger cars and imports smaller and cheaper cars, the depreciation of the rand will not necessarily lead to increased sales for locally-manufactured vehicles.

South Africa's market-led, export-oriented and, in African terms, relatively industrialised economy means that it will remain the prime focus of regional investment among autos majors. It is ideal for the low-cost manufacture of right-hand-drive (RHD) vehicles, which can be exported to the UK, Australia and Japan, as well as some African states. Vehicle exports for the January-November 2006 period were up 27.6% y-o-y to 165,295 units, although the momentum in the export market appeared to slow in the second half. The results indicate that the country is set for a record year for autos exports. BMI forecasts that exports will rise by around 25% in 2006 to around 180,100 units, up from 144,400 units in 2005. BMI forecasts a 19% rise in automotive production in 2006 to 630,200 units, with car-output rising 21% and commercial-vehicle production rising 14%. By 2010, total automotive production should reach 869,319 units. The commercial-vehicle sector is set to expand over the forecast period, with a 55% rise in output based on current planned capacity.

For more information kindly visit : http://www.bharatbook.com/detail.asp?id=16122

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