Newly released market study: Venezuela Autos Report Q3 2016

From: Fast Market Research, Inc.
Published: Tue Jun 14 2016

Venezuela's autos sales and production will remain at all time low volumes over the 2016 to 20 20 forecast period , as extremely sca rce access to foreign currency prevents auto companies from importing both completely built-up vehicles and the necessary components needed for production.

Key Views

President Nicolas Maduro's new plan to rescue the Venezuelan automotive industry will be unsuccessful but will usher in radical changes with more dealerships selling vehicles domestically in US dollars and automakers will raise export efforts.

Over 2016-2020 sales volumes will continue to mirror output volumes as currency restrictions dry up imports.

Production will remain at record lows as currency restrictions prevent the import of key components despite increasing use of unorthodox methods of foreign currency sourcing.

Full Report Details at

The risk of one or more major automaker exiting production altogether remains at a critical level.

There is a high risk of large-scale labour protests and disputes.

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

BMI Research's Venezuela 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 Venezuela.

Key Benefits
Benchmark BMI's independent automotives industry forecasts on Venezuela to test other views - a key input for successful budgetary and planning in the Venezuelan automotives market.
Target business opportunities and risks in the Venezuelan automotives sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Venezuela.
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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You may also be interested in these related reports:

- Australia Autos Report Q3 2016
- Singapore Autos Report Q3 2016
- Greece Autos Report Q3 2016
- Algeria Autos Report Q3 2016
- India Autos Report Q3 2016

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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