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Serbia Autos Report Q2 2016

Serbia Autos Report Q2 2016

BMI View: We continue to believe that a combination of low interest rates and an increase in fleet renewalfrom business should lead to further growth for the Serbian new vehicle sales market in 2016, althoughsales growth will not be as strong as that seen in 2015. We expect 5.0% sales growth for the sector as awhole, with commercial vehicles set to outperform passenger cars.

Key Views

Over 2016-2020, we expect new vehicle sales to grow 16.8%, to back over 25,000 units by 2020.

This will still leave the overall Serbian new vehicle sales market smaller than its 2008 peak of 55,460units.

We expect stronger sales growth from commercial vehicles (48.5%) than passenger cars (21.9%) over2016-2020.

Passenger cars will continue to account for the vast majority (85%) of vehicles sold in Serbia.

Serbia's auto sector may benefit from the collapse of relations between Russia and Turkey.


BMI Industry View
Key Views
SWOT
Industry Forecast
Table: Autos Total Market - Historical Data And Forecasts (Serbia 2014-2020)
Latest Developments
Table: Latest Developments
Structural Trends
Passenger Cars
Table: Passenger Car Market - Historical Data And Forecasts (Serbia 2014-2020)
Key Views
Key Players
Table: Serbia - Top 10 Best-Selling Manufacturers, 2015
Commercial Vehicles
Table: Commercial Vehicle Market - Historical Data And Forecasts (Serbia 2014-2020)
Latest Developments
Table: Latest Developments
Key Players
Table: Serbia, Top Five LCV Brands By Sales, December 2015
Industry Risk/Reward Index
Italy And Spain Push To Join Peers
Central And Eastern Europe Labour Pressures Raise Risk
High-End Investment Reflects Top Ranking Status
Company Profile
Fiat Chrysler Automobiles Serbia
Regional Overview
Industry Trend Analysis
Table: Central And Eastern Europe - Autos Production Investment
Emissions Reductions At Heart Of Investment Plans
Hyundai Still Bullish On Russia
Demographic Forecast
Table: Population Headline Indicators (Serbia 2005-2025)
Table: Population By Age Group (Serbia 2005-2025)
Table: Population By Age Group % (Serbia 2005-2025)
Methodology
Industry Forecasts
Sector-Specific Methodology
Sources
Risk/Reward Index Methodology
Table: Automotive Risk/Reward Index Indicators And Weighting Of Indicators

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