Mexico Autos Report Q4 2016

Mexico Autos Report Q4 2016

Published: August 2016
Publisher: BMI Research
Product ref: 262015
Pages: 48
Format: PDF
Delivery: Immediate download

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BMI View: Import restrictions on used cars will continue to limit the supply of second hand cars into Mexico, pushing more households up into the new car market or down into the motorcycle market and spurring new car and motorcycle sales.

Key Views
• Passenger car segment to outperform despite the Bank of Mexico beginning an interest rate hiking cycle, given private consumption growth and better household access to finance following financial reforms and increasing formalisation of the labour market.
• The risk of the government stalling on its introduction of Euro VI regulations for heavy commercial vehicles is increasing the downside risks to our 2017 heavy truck and bus sales forecasts.
• Production growth will be sustained over the next five years as large-scale OEM investments come online and exports to Latin America recover.

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Related research categories

By market: Mexico (in North America), Mexico (in BRICM)

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