Russian Car Ownership to cross 300 per 1000 by 2013By: Shushmul Maheshwari
|
Russian Car Ownership to cross 300 per 1000 by 2013
|
Write a Review
Add to My Favorite
Refer it to Friend
Report Broken Link
|
“Booming Russian Automobile Sector”, a new report from RNCOS, projects that the Russian automobile sector, a developing automobile market in Europe, will be able to reach the passenger car stock of over 300 per 1,000 people by 2013 only. This is due to the global financial crisis that will majorly limit the passenger car sales in 2009 and will continue to make strides in the market in coming few years as well.
The most drastic effect of the economic slowdown on the Russian passenger car market will be seen in the running year (2009). Other than tight lending conditions, passenger car sales are expected to drop sharply in 2009 due to increasing unemployment and changing consumer buying priorities. And once the passenger car ownership drops in 2009, it will take at least another three years to cross the 300 mark.
However, the sales are projected to bounce back in 2010. This is due to the fact that Russia, being a developing country, has a low passenger car ownership per 1,000 people and thus, it will be a favorite destination for auto makers despite bad economic conditions in Europe. Declined lending rates, high discount at dealers’ end and increasing import tax on old models will further help the industry to regain growth in 2010.
“Booming Russian Automobile Sector” is an exhaustive and analytical study on the automobile industry in Russia. It provides credible research and objective analysis supported by statistical facts and figures on parameters that depicts the structure of the Russian automobile sector. It provides information on market in terms of new vehicles and used vehicle as well.
The report highlights the past, present and future trends and evaluates the drivers, emerging trends, roadblocks and opportunities for the market. Based on the thorough analysis, the report forecasts automotive sales and future outlook of industry sub-segments.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM551.htm
Check DISCOUNTED REPORTS on: http://www.rncos.comhttp://www.rncos.com |
|
| Keywords |
Booming Russian Automobile Sector, Russian Automobile Sector, Russian Automotive Industry, Russian Automobile Market |
| Category |
Automotive |
| Submission Date |
Jun 20, 2009 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
|
|
Other links at Automotive |
| 1. |
India – LCVs to Capture 47% Commercial Goods Carrier Market
|
|
|
According to our new research report, “Indian Automobile Sector - A Booming Market”, LCV production in India is expected to take off in a big way in coming years. In fiscal 2007, high demand for LCVs in both domestic and international markets raised the total production of commercial vehicles despite a fall in medium and heavy segments during the same timeframe.
Indian LCV manufacturers are mainly targeting South Asia, the Middle East and Africa to sell their finished products as these regions are demographically similar to India. Thus, LCVs, which are made keeping Indian roads in mind, will face lesser difficulties in acceptance by people and perform in these regions. Moreover, LCVs could be utilized in the regions for other mode of goods transportation as well due to their body size. Besides, these regions are undergoing massive infrastructure development, creating large potential opportunities for commercial vehicles, especially the lighter ones as lower import rates are charged on LCVs, says the RNCOS research.
Sensing the growing demand of LCVs in export markets, Indian manufacturers have raised the share of LCVs to 47% in total production of commercial goods carrier (as of 2007-08).
“Indian Automobile Sector - A Booming Market” provides a detailed study on all important auto segments of the Indian auto sector such as LCVs, HCVs, passenger cars and two-wheelers along with auto component market. It also studies factors pushing growth in the market, like consumer groups and steel industry, and tracks market developments to identify opportunities in various verticals.
The past and current data given in the report is supplemented by forecast on key segments of the Indian auto industry, like premium for passenger cars, auto steel demand, automobile production, structure of automobile production, passenger car stock and sales of passenger cars and commercial vehicles.
For more information visit: http://rncos.com/Report/IM526.htm
Current Industry News: http://www.rncos.com/Blog/
|
| 2. |
RNCOS Releases a New Report- Turkey Automobile Sector Forecast (2008-2012)
|
|
|
RNCOS has recently added a new Market Research Report titled, “Turkey Automobile Sector Forecast (2008-2012)” to its report gallery. Automobile sector plays a vital role in the Turkish economy as it has taken an important place in the export mix of the country. Automobile exports from Turkey made up nearly 75% of its total auto production in 2007, a straight growth of 18% from the previous year. Increasing export volumes are making Turkey the next export hub for automobile, says the RNCOS research report – “Turkey Automobile Sector Forecast (2008-2012)”.
The emergence of Turkey as an export center is attracting major players from across the world to invest in the auto sector. In fact, FDI inflow in the sector has been continuously increasing from past few years on account of the country’s strategic location and proximity with both European and the Middle East countries. And taking the benefits of government incentives, various automobile giants have made Turkey a gateway to enter the European auto markets.
This report comprehensively studies the Turkish automobile market, comprising of passenger cars, commercial vehicles, tractors, and automotive component market. It also evaluates the export market and opportunities for the automobile and its associated industries.
Key Findings of the Report
- Free Trade Zones (FTZs) are designed to encourage trade to and from Turkey, boosting the automobile sector of the country.
- Passenger car segment has the largest share in all aspects of the automobile industry, i.e., exports, production, imports and sales.
- Automobile production in Turkey grew by 11% in 2007 over 2006.
- Automotive component production grew at a CAGR of 21.55% during 2003–2007.
- The annual automobile production is estimated to increase to 1.8 Million by 2012.
- Exports by the Turkish automobile industry are projected to surge at a CAGR of 11.49% during 2008-2012.
Key Issues & Facts Analyzed in the Report
- What are the driving factors for the Turkish automobile industry?
- What are the trends in the automobile component industry?
- What are the opportunities for the automobile and associated industries?
- Which segment of the automobile sector holds major share?
- What would be the projected growth of the automobile industry?
- Who are the major players in the Turkish automobile industry in terms of production, exports and sales?
Research Methodology Used
Information Sources
The information has been taken from authentic and reliable sources like books, newspapers, trade journals, white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.
Analysis Method
Methods, like historical trend analysis, linear regression analysis using software tools, judgmental forecasting, and cause and effect analysis, have been used in the report for prudent analysis.
For more information visit: http://www.rncos.com/Report/IM136.htm
Current Industry News: http://www.rncos.com/Blog/
|
| 3. |
Fiat,Tractor Parts,Fiat Tractor,fiat spare parts,Fiat,Tractor,parts,Tractor part
|
|
|
Manufacturer and Exporter of fiat-445 tractor spare parts, Engine part, automotive, Transmission parts, Hydraulic Parts, auto parts, Body Parts, Electrical Spares Part. We are supplier of complete range of fiat tractor spare part, 399, 480, fiat, tractor, engine part, auto parts.
|
| 4. |
axles,axel,hub,half axle,trailer parts,utv axle,atv axle,adv axle,rims,supplier
|
|
|
Manufacturer and Exporter of axles, Manufacturer and Exporter of axles, trailer parts, utv axle, atv axle, adv axle, half axle, hub caps, rims, wheels, brake axle, nutbolts, Essieu, moyeu, eje, eixo, trailer spare parts, eye bolt, supplier, trader from India.
|
| 5. |
N.R.Bearing, Skf Bearings,Roller Bearings,ball bearings manufacturer.
|
|
|
Manufacturer and Supplier of N.R. Bearing, ball bearing, ceramic bearings, roller bearings, Clutch Bearing, Automotive bearing, Needle Roller Bearings. We have wide range of Needle Bearing, Steel Bearing, Plain Bearing, Nsk Bearing, Skf Bearing.
|
|
|
