"Czech Republic Autos Report Q4 2014" is now available at Fast Market Research

Passenger car sales in the Czech Republic in 8M 2014 came in at 125,695 units, an increase of 14.8% year-on-year (y-o-y). Export-led manufacturing growth has been strong throughout the year, increasing private consumption and the number of car purchases. BMI predicts a slowdown in sales growth in Q414 due to weaker emerging market demand and a weak eurozone recovery affecting exports. We expect total passenger sales to come in at 184,504 units in 2014, an increase of 12% y-o-y.

According to the Czech Automotive Association, total auto exports climbed 6.87% y-o-y in 8M14. An improvement in the sentiment towards big ticket purchases, such as autos, coupled with low base effects from declines in the same period of 2013, has driven the strong growth seen in the market over the year to date. Yet the export-led recovery is set to continue slowing down in Q4 on the back of slowing growth in emerging markets, especially China and Russia, as well as due to a weak recovery in the eurozone. BMI believes this will temper private consumption levels in the second half of the year, and we expect to see a moderation in growth in autos sales in H214. For 2015 we expect overall auto sales to grow by 4.0% y-o-y.

Full Report Details at
- http://www.fastmr.com/prod/888034_czech_republic_autos_report_q4_2014.aspx?afid=301

Total car production came in at 820,991 units in 8M14, an 11.2% y-o-y increase. Our total vehicle production forecast for 2014 has been revised upward considerably, to growth of 14.9% from 8% previously. This is largely owing to an upward revision in our light vehicle production outlook to growth of 9.0%, as our heavy truck production forecast has been revised down to just 1.0% growth. A recovery in the country's main export markets of Western Europe, coupled with investment in new models has improved the sector's production prospects. However, we remain more cautious for 2015, with total vehicle production growth of 6.9% forecast, as the regional recovery is already showing signs of losing steam.

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

Business Monitor International (BMI)'s Czech Republic 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 Czech Republic.

Key Benefits

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

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