New market study, "Czech Republic Autos Report Q3 2011", has been published

New Transportation market report from Business Monitor International: "Czech Republic Autos Report Q3 2011"
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June 29, 2011 - PRLog -- With Czech passenger car sales in the first four months of 2011 reaching 56,646 units, only 3.7% higher than in the same period last year, BMI holds to its forecast of sales rising 2.8% y-o-y in 2011. Although we see a significant improvement in consumer demand from 2012, we do not anticipate a complete recovery in sales to pre-crisis levels until 2013.

BMI believes a number of factors are slowing the recovery in vehicle demand. Unemployment continues to be high, with the latest figures from Eurostat showing it stood at 7.2% in March 2011. Although this is an improvement on the 9.6% rate recorded in December, BMI's Macroeconomic team expects the rate to average 8.4% in 2011, which will undoubtedly act as a drag on domestic demand for vehicles.

The commercial vehicle segment is providing some hope with sales of light commercial vehicles showing the return to growth, which BMI had forecast for 2011. We are also optimistic about the heavier segment, where leading domestic player Tatra has revealed plans to produce vehicles in Brazil, Russia and Saudi Arabia in the next two to three years, falling in line with BMI's view that carmakers from emerging markets will strengthen their presence internationally. Given that Tatra currently has little presence in any of these markets, we approve its decision to enter them initially via partnerships with local firms, with a view to eventually setting up local production. Such partnerships help carmakers establish their presence in new markets and help create production networks prior to full launch.

Full Report Details at

Investment in vehicles is also being backed up by suppliers. In late 2010, Italian parts maker Brembo set up a wholly owned subsidiary named Brembo Czech, based in Ostrava, in a move that makes way for the supplier's entry into the medium and high-end vehicle segment. The expansion, which was motivated by increased demand for lightweight vehicle components as a way of reducing vehicle emissions, justifies BMI's long-standing view that the impending emission regulations in Europe will open up immense opportunities for parts makers.

Accordingly, the company is looking to spend close to EUR35mn (US$45.4mn) over the next three years establishing a manufacturing facility in the Czech Republic. Production is likely to begin from 2011 and will comprise brake callipers and other aluminium components, all aimed at improving fuel efficiency and reducing emissions from vehicles. By 2014, the supplier hopes to have generated a sales turnover of nearly EUR55mn (US$71mn) from the new business and production of more than 1.5mn parts.

Report Table of Contents:

SWOT Analysis
- Czech Republic Autos Industry SWOT
- Political SWOT
- Economic Industry SWOT
- Business Environment SWOT
Global Overview
- Table: BMI's Core Views For The Automotives Industry
Business Environment Analysis
- Table: BMI Industry Risk-Reward Ratings For Autos In Europe
Regional Overview
- Table: EU Action Plan For Electric Vehicles
- Table: Europe -- Top Automotive Suppliers Sales By Region (US$mn), 2010
Macroeconomic Forecast Scenario
- Table: Czech Republic - Economic Activity
Industry Forecast Scenario
- Production And Sales
- Table: Czech Republic Auto Production
- Table: Czech Republic Auto Sales
- Trade
- Table: Czech Republic Auto Historical Data And Forecasts (CBUs unless otherwise stated)
Competitive Landscape
- Market Overview
- Table: Czech Republic Top 15 Key Players - Passenger Cars 2010
- Commercial Vehicles
- Table: Czech Republic Top 15 Key Players -- New Light CVs
- Table: Truck Sales (CBUs)
- Table: Bus Sales (CBUs)
- Suppliers
Company Monitor
Company Profiles
- Skoda
- Peugeot
BMI Methodology
- 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

About Fast Market Research

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For more information about these or related research reports, please visit our website at 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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Tags:Koda, Car, Saw, 9m10, Auto, Impressive, Occurred, Vehicles, Impressively
Industry:Transportation, Automotive, Shipping
Location:Massachusetts - United States
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