Singapore Autos Report Q4 2016

Singapore Autos Report Q4 2016

Published: August 2016
Publisher: BMI Research
Product ref: 262020
Pages: 30
Format: PDF
Delivery: Immediate download

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BMI View: The vehicle de-registration and replacement process will drive total vehicle sales growth to its peak of some 131.500 vehicles before entering a sustained decline to 2020. Commercial vehicle sales will continue to decline to 2020 having reached a peak in 2015, while any sales growth drivers associated with construction are already priced into the market.

Key Views
• Total vehicle sales forecast to grow by 67.3% to 131,508 units in 2016.
• Passenger vehicle sales forecast to outperform as any support offered to commercial vehicle sales via infrastructure projects are already priced into the market.
• Total vehicle registrations are up 62.6% y-o-y in 7M16 to 69,623 units.

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By market: Singapore (in Asia)


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