Car sales will return to positive growth in 2016 due to increased demand for vehicles ahead of an increase in the national sales tax and the implementation of a new tax system in 2017. The increase in production will be stronger based on company export strategies.
Key Views
Vehicle sales will grow 1.8% in 2016.
Mini car tax will continue to drag on overall car sales growth in 2016.
Vehicle demand will rise ahead of a planned increase in the national sales tax and introduction of new variable tax on vehicles in 2017.
Full Report Details at
- http://www.fastmr.com/prod/1119135_japan_autos_report_q2_2016.aspx?afid=301
Car production forecast to increase 3.0% in 2016 as major OEMs look to export more models to North America.
Commercial vehicle sales growth will be constrained by a contraction in the construction sector.
The Japan Autos Report features the latest data and forecasts covering production, sales, imports and exports.
BMI Research's Japan 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 Japan.
Key Benefits
Benchmark BMI's independent automotives industry forecasts on Japan to test other views - a key input for successful budgetary and planning in the Japanese automotives market.
Target business opportunities and risks in the Japanese automotives sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Japan.
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:
Sales and production of motorcycles in units; total production of units; production by vehicle type (including cars, commercial vehicles, trucks and buses); total vehicle fleet size in units; sales by vehicle type, including passenger cars and commercial vehicles; fleet size by vehicle type, including passenger car, commercial vehicles and motorcycles; total vehicle trade balance in units; vehicle trade balance by vehicle type, including passenger car, commercial vehicle and motorcycle; car ownership measured as car density per 1,000 people.
BMI’s Autos Risk Reward Index
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"Japan Autos Report Q2 2016" now available at Fast Market Research
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001