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Jordan Autos Report Q2 2016

Jordan Autos Report Q2 2016

BMI View:We hold a relatively cautious stance towards Jordanian new vehicle sales in 2016, with growingfears over the regional security situation outweighing what is a fairly propitious domestic macroeconomicbackdrop. For now, we expect a 3.7% fall in new vehicle sales, with several downside risks.

Key Views

We expect new vehicle sales to grow 27.9%, boosted by steady economic growth, rising incomesand favourable demographics.

New registration fees for 2016 (based on engine size) could induce a move towards smaller, more fuelefficientcars.

In 2016, the Jordanian government will continue to promote electric vehicles (EV) as a sustainablemobility solution, as part of its pledge to increase the share of renewables in the country's energy mix to10% by 2020.

Hyundai Motors continues to dominate the Jordanian sales market, with a 35% market share in 2015.

Over the medium term, Hyundai could face an increased threat from second-placed manufacturer Toyota.


BMI Industry View
Key Views
SWOT
Industry Forecast
Table: Historical Data And Forecasts
Latest Developments
Table: Latest Developments
Structural Trends
Electric Vehicles Could Be A Growth Area
Passenger Cars
Latest Developments
Table: Latest Developments
Key Players
Table: Jordan
Top 10 BestSelling Manufacturers, 2015
Industry Risk/Reward Index
GCC Stability Offsets Sales Downgrades
LongTerm Potential Comes With Risk
Iran The Most Attractive Outlier
Company Profile
Unity Trading Establishment (Hyundai)
Latest Developments
Table: Latest Developments
Regional Overview
Table: Middle East And North African Autos Production Investments
Iran Already Drawing A Crowd...
North African Hub Expanding
Demographic Forecast
Jordan Demographic Forecast
Table: Population Headline Indicators (Jordan 1990
2025)
Table: Key Population Ratios (Jordan 1990
2025)
Table: Urban/Rural Population & Life Expectancy (Jordan 1990
2025)
Table: Population By Age Group (Jordan 1990
2025)
Table: Population By Age Group % (Jordan 1990
2025)
Methodology
Industry Forecasts
SectorSpecific Methodology
Sources
Risk/Reward Index Methodology
Table: Automotive Risk/Reward Index Indicators And Weighting Of Indicators

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