Peru Autos Report 2013

Business Monitor International
February 20, 2013
44 Pages - SKU: BMI4968073
Countries covered: Peru

Peru’s auto industry has enjoyed a strong 2012, with new vehicle sales having increased by 28% year-onyear(y-o-y) over the first 11 months of 2012 (the most recent data available as this report was beingcompiled), to 174,125 units, according to figures from the Peruvian Association of AutomotiveRepresentatives (Araper). BMI forecasts full-year vehicle sales to increase by 31.3 % y-o-y in 2012.

BMI believes that the key factors that will support healthy vehicle sales in Peru moving into 2013 are thecontinuation of strong private consumption growth, healthy per capita economic growth, the strong solcurrency, and the greater availability of credit through the increased affordability and provision of loansto many Peruvians. This view is continuing to play out, and has partly informed our bullish outlook forvehicle sales.



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