We continue to believe that the combination of a slowing economy and a weakening Australian dollar will make 2016 a challenging year for Australia's new vehicl e sales market. We expect 2 .0 % sales growth for the sector as a whole, with the industry also gearing up for the imminent end of local production by 2017 .
Over the 2016-2020 period, we expect new vehicle sales to show growth of 8.8%, to take sales over the 1.33mn unit mark by 2020.
We expect stronger sales growth from passenger car sales (9.3%) than commercial vehicle (6.8%) over our 2016-2020 forecast period.
All three of the manufacturers producing cars in Australia - Ford Motor Company, Toyota Australia and General Motors's (GM) Holden subsidiary - will cease local car and vehicle engine manufacturing operations by 2017.
Full Report Details at
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.
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.
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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