Latvia Autos Report 2016

Date: December 16, 2015
Pages: 33
US$ 1,295.00
Report type: Strategic Report
Delivery: Download

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Includes 3 FREE quarterly updates

BMI View: We believe that the combination of a strengthening economy and greater demand for passenger cars and SUVs will lead to further growth for the Latvian new vehicle sales market in 2016. We are targeting over 10% growth for the sector as a whole, with passenger cars set to outperform commercial vehicles.
  • Passenger car sales have been outperforming those of commercial vehicles against a sluggish macroeconomic backdrop in 2015.
  • We expect this relative outperformance of passenger cars over commercial vehicles to continue over 2016 and 2017, as the economy strengthens and customers continue to benefit from low auto financing rates.
  • German carmaker Volkswagen retains local market leadership at present, although it remains to be seen how its sales in Latvia will be affected by the emissions scandal which broke in September 2015.
BMI Industry View
  Table: Key Views
Industry Forecast
  Table: Autos Total Market - Historical Data And Forecasts (Latvia 2013-2019)
  Table: Latest Developments
Sales Set For Stronger Growth In 2016
Cheaper Used Imports Continue To Outsell New Vehicles
Electric Vehicles Remain A Niche Market
Latvia Retains Some Small Auto Production Capabilities
Passenger Cars
  Table: Passenger Car Market - Historical Data And Forecasts (Latvia 2013-2019)
  Table: Latest Developments
  Table: Latvia - Top 10 Best-Selling Passenger Car Brands, 8M15
Commercial Vehicles
  Table: Commercial Vehicle Market - Historical Data And Forecasts (Latvia 2013-2019)
  Table: Latest Developments
Key Players
  Table: Latvia, CV Sales 9M5
Industry Risk Reward Ratings
Europe - Risk/Reward Index
Russia Too Risky To Realise Potential
Developed States Show Signs Of Risk
Trouble Spots Marked By High Risk Position
Company Profile
Moller Auto Baltic
Regional Overview
  Table: Emerging Europe - Autos Production Investment
Demographic Forecast
  Table: Population Headline Indicators (Latvia 1990-2025)
  Table: Key Population Ratios (Latvia 1990-2025)
  Table: Urban/Rural Population & Life Expectancy (Latvia 1990-2025)
  Table: Population By Age Group (Latvia 1990-2025)
  Table: Population By Age Group % (Latvia 1990-2025)
Industry Forecasts
Sector-Specific Methodology
Risk/Reward Index Methodology
  Table: Automotive Risk/Reward Index Indicators And Weighting Of Indicators
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