Bahrain Autos Report Q4 2016

Bahrain Autos Report Q4 2016

Published: September 2016
Publisher: BMI Research
Product ref: 262791
Pages: 33
Format: PDF
Delivery: Immediate download

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BMI View: This quarter we maintain our negative near-term view on the Bahraini autos sector. We
continue to target a 23.7% fall in sales over 2016, although luxury brands will outperform.

Key Views
¦ The commercial vehicle segment should outperform over 2016, as heavy vehicle demand remains strong
against the backdrop of ongoing robust levels of construction activity.
¦ We continue to believe the planned introduction of VAT in 2018 may prompt consumers to buy greater
numbers of new passenger cars in 2017 before the tax is implemented.
¦ Our view that Bahrain will retain positive demand for luxury cars, despite the wider market slowdown,
has been borne out by the relatively strong performance of luxury brands over 4M16.

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By market: Bahrain (in Asia)

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