New Report Available: United Kingdom Autos Report Q4 2015

BMI holds a bullish outlook for sales in the UK vehicle market in 2015, on the back of improving macroeconomic fundamentals and consumer sentiment, cheap and abundant access to credit, and pent-up demand in the market from a period of sustained declines. We forecast 6.3% growth in total vehicle sales in the UK in 2015, coming from a 5.2% increase in the passenger car segment and 13.9% rise in commercial vehicle (CV) sales.

In the passenger car segment, we forecast sales growth to slow slightly in 2015 to 5.2% as consumer spending grows but higher base effects taper sales growth as the market edges closer towards its all-time high of 2.7mn units. Cheap access to credit and increasing real wages and employment will remain the main drivers of consumer spending on cars in 2015, while growing fixed investment and business confidence will boost demand through the company and fleet market channels. Consumers will also be more inclined to shift purchases towards electric vehicles owing to growing government support for purchases and alternative fuel infrastructure development.

Full Report Details at
- http://www.fastmr.com/prod/1055774_united_kingdom_autos_report.aspx?afid=301

However, we stress that as consumers expand car purchases through the use of credit over the next two years this threatens long-term growth potential in the market. More specifically, the growth of PCP financing funding threatens the sustainability of the UK's current car sales boom by increasing the likelihood of a mismatch between supply and demand in both the new and used vehicle markets in the future.

The United Kingdom Autos Report features the latest data and forecasts covering production, sales, imports and exports.

BMI Research's United Kingdom Autos Report provides industry professionals and strategists, corporate analysts, auto associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the automotives market in United Kingdom.

Key Benefits

* Benchmark BMI's independent automotives industry forecasts on United Kingdom to test other views - a key input for successful budgetary and planning in the British automotives market.
* Target business opportunities and risks in the British automotives sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in United Kingdom.
* Assess the activities and market position of your competitors, partners and clients via our Competitive Landscape Analysis.

Coverage

BMI Industry View

Summary of BMI’s key industry forecasts and views, covering production, sales and the introduction of new technology or products.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the autos sector and within the broader political, economic and business environment.

BMI Industry Forecasts

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