Follow on Google News News By Tag Industry News News By Place Country(s) Industry News
Follow on Google News | Recently released market study: Italy Autos Report Q2 2011New Transportation research report from Business Monitor International is now available from Fast Market Research
The extent to which Fiat is important for Italy is evident from the fact that the company's plans to improve the efficiency and productivity at its plants nationwide have turned into a broader national issue. As Fiat's January 2011 deadline for closure of its Termini Imerese plant in Sicily drew closer, the Italian government moved in to provide grants of up to EUR450mn (US$610.6mn) However, pressure on companies to streamline their operations for improved capacity utilisations and pressure to reduce costs is compelling Fiat to rationalise its production network in Italy or seek for cost effective bases in Poland and Serbia. If Fiat chooses the latter, it could put severe downside risks to BMI's forecast of the country's autos production recovering to 945,200 units in 2015, compared with the 817,536 units produced in 2010 (according to Anfia estimates). Domestic demand, on the other hand, is not looking particularly promising either. Estimates from the Anfia show that the fall in total vehicle demand continued in 2010, with total sales falling 5.76% y-o-y, to 2.17mn units - underperforming BMI's expectations of 2.23mn units by year-end. While economic conditions have certainly improved, we believe consumer dynamics to remain weak in 2011. As such, the overall new vehicles market is expected to fall more than 2% y-o-y, to 2.18mn units, in 2011. We see some recovery from 2012, but we do not envisage a complete recovery in market demand any time during the forecast period. By the end of 2015 we expect total sales of only 2.44mn units, nowhere near the 2.79mn units sold in 2007. This clearly gives Fiat good reasons to seek growth in emerging markets. The carmaker is accordingly prioritising growth in Latin American markets while BMI identifies strong opportunities for long-term expansion for Fiat in Asia. The ultimate goal is to double the revenue of Fiat's core automotive division by 2014. For more information or to purchase this report, go to: - http://www.fastmr.com/ Report Table of Contents: SWOT Analysis - Italy Auto Industry SWOT - Italy Political SWOT - Italy Economic SWOT Global Overview - Table: BMI Core Views On Global Auto Sector Regional Overview - Hyundai Makes Ill-Timed CV Launch In Europe - Table: New Truck Sales By Market (Units)* - Table: Europe -Top Automotive Suppliers Sales By Region (US$mn), 2010 Business Environment Ratings - EMs Show Off Potential - Table: Western Central And Eastern Europe Business Environment Ratings Macroeconomic Forecast - Table: Italy - Economic Activity - Domestic Sales - Table: Italy Auto Sales - Historical Data And Forecasts - Production - Table: Italy Auto Production - Historical Data And Forecasts - Trade - Table: Italy Auto Trade - Historical Data And Forecasts - Regulatory Environment Passenger Car - Table: Italy Passenger Car Segment - Historical Data And Forecasts - Key Players - Italy New Car Registration By Company, January-October 2010 - Italy - Top 10 Biggest Sellers In The New Car Market, 2008 And 2009 - Company News - Overseas Influence Commercial Vehicles - Table: Italy Commercial Vehicle Segment - Historical Data And Forecasts - Key Players - Table: Italy Light Commercial Vehicle Registration By Company, 2010 - Table: Italy Heavy Commercial Vehicle Registration By Company, 2010 - Italy Buses and Coaches Registration By Company, 2010 - Company Developments Motorcycles Suppliers Company Monitor - Fiat Country Snapshot: Italy Demographic Data - Section 1: Population - Demographic Indicators, 2005-2030 - Rural/Urban Breakdown, 2005-2030 - Section 2: Education And Healthcare - Education, 2002-2005 - Vital Statistics, 2005-2030 - Section 3: Labour Market and Spending Power - Employment Indicators, 2001-2006 - Consumer Expenditure, 2000-2012 (US$) - Average Annual Manufacturing Wages, 2000-2012 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/ 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. # # # 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. End
|
| |||||||||||||||||||||||||||||||||||||||||||||||||||
Account Phone Number