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United States Autos Report Q2 2015

74 Pages BMI Research April 08, 2015 SKU: BMI5525758

United States Autos Report Q2 2015

We expect lower oil prices to continue supporting a preference for the light truck market within our forecastfor light vehicle sales to grow 3.6% in 2015. Looking beyond this point, however, we expect growth to bemuch lower. The growth of recent years is becoming increasingly harder to replicate in a mature market asthe 'recovery' phase should technically be closed after the return to 16mn units in 2014. At the same time,the average length of auto loans being taken out is increasing, which will keep consumers locked into theirexisting vehicle for longer. With this in mind, we expect sales growth for 2016 and 2017 to average 2.0%.

In terms of issues facing carmakers, strikes by West Coast port workers brought disruption to vehiclemanufacturers in the early months of 2015, again highlighting our view that logistics will become anincreasingly important area of focus in the sector. However, it also throws a spotlight on the issue of labourrelations in the US, just months before GM, Ford and FCA are due to begin contract negotiations with theUnited Auto Workers (UAW) union.

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United States Autos Report Q2 2015

BMI Research
April 08, 2015

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Report with 3 quarterly updates
Report with 3 quarterly updates - 3 User License
Report with 3 quarterly updates - 5 User License
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