Kuwait Autos Report Q3 2016: New research report available at Fast Market Research

We maintain a cautious view on the outlook for Kuwaiti new vehicle sales in 2016. In the absence of any monthly data having been released as yet by the local authorities, we retain our forecast of 0.5% growth for the market this year .

Key Views

Many Kuwaitis scaling back on big purchases, such as a new vehicle, given the country's sluggish economy, low oil prices and rising interest rate environment.

Moreover, the Kuwaiti dinar continues to lose value, increasing the cost of imported cars to Kuwaiti consumers.

Mazda has seen strong growth in its Kuwaiti sales over Q116, boding well for a positive performance by local dealership partner KAICO over the full year.

Full Report Details at
- http://www.fastmr.com/prod/1191642_kuwait_autos_report_q3_2016.aspx?afid=301

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

BMI Research's Kuwait 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 Kuwait.

Key Benefits
Benchmark BMI's independent automotives industry forecasts on Kuwait to test other views - a key input for successful budgetary and planning in the Kuwaiti automotives market.
Target business opportunities and risks in the Kuwaiti automotives sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Kuwait.
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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- Australia Autos Report Q3 2016
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