Sweden Autos Report Q4 2016

Sweden Autos Report Q4 2016

Published: October 2016
Publisher: BMI Research
Product ref: 263205
Pages: 33
Format: PDF
Delivery: Immediate download

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BMI View:This quarter, we maintain our positive near-term outlook on the Swedish autos sector, targeting 8.1% growth in 2016, with sales bolstered by the current ultra-low interest rate environment.

Key Views ¦ The commercial vehicle segment may outperform slightly over 2016, as heavy vehicle demand remains robust against a backdrop of significant construction activity across the country. • However, over the medium term, the primary growth driver of the wider Swedish autos market will remain the passenger car segment, led by local manufacturer Volvo. ¦ BMW, Audi and Mercedes-Benz have all seen strong increases in their Swedish sales year-to-date, underlining the strong demand for luxury brands within this developed market.

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