Australia Autos Report Q1 2016 - New Market Report

All three of the manufacturers producing cars in Australia - Ford Motor Company, Toyota Australia and General Motors's Holden subsidiary - will cease local car and vehicle engine manufacturing operations by 2017.

The demise of local manufacturing means that many local component manufacturers will be forced to close or look for alternative markets.

New vehicle sales will struggle to show good growth levels in 2016, as the domestic economy slows and the Australian dollar remains weak.

With Australia's local production capabilities set to disappear in 2017, future automotive demand will be met solely by imported vehicles.

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In this context, the Japan-Australia free trade agreement should make Japanese cars even more competitive relative to their locally produced counterparts, as 5% import tariffs are lifted.

We expect Toyota to remain the dominant player in Australia's new vehicle sales market over 2016, as the Japanese carmaker's sales continue to be driven by the Hilux in the commercial vehicle segment and the Corolla and Camry in the passenger car segment.

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

BMI Research's Australia 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 Australia.

Key Benefits

* Benchmark BMI's independent automotives industry forecasts on Australia to test other views - a key input for successful budgetary and planning in the Australian automotives market.
* Target business opportunities and risks in the Australian automotives sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Australia.
* 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

Historic data series and forecasts to end- 2019 for all key industry indicators (see list below), supported by explicit assumptions plus analysis of key downside risks to the main forecast, including:



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