Slovakia Auto Industry Drawing FDI despite RecessionBy: Shushmul Maheshwari
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Slovakia Auto Industry Drawing FDI despite Recession
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Slovakia, the newest member of euro zone, is expected to see slowdown much faster than previously predicted in the current year, as per the latest statistics by the Organisation for Economic Cooperation and Development. Although the growth prospects are bleak, the country will manage to register 2% growth and safely avoid the recession hitting its contemporaries.
The main reason for low impact of recession on Slovakia is the adoption of euro in January 2009 that partially sheltered the country from disturbances in the currency markets, said a senior research analyst at RNCOS. However, the country still has to take a number of initiatives, including raising flexibility in its labor and product markets, reforms in housing policies and improvement in fiscal policy, to avoid boom-bust scenario.
Analyst added that Slovakia succeeded in protecting its banks from the financial market meltdown due to their limited exposure to toxic assets. But the economy that relies heavily on exports like cars is expected to be hit by weak demand for such goods in the Western countries. As the automotive sector constitutes one of the key economic pillars of Slovakia, its expansion helped the GDP to rise to an EU high of 10.4% in 2007.
A new research report by RNCOS, “Slovakia Automobile Sector Analysis” also states that Slovakia has emerged as an attractive location for automotive industry in past few years that has led to heavy flow of FDI in the country, particularly in automotive sector. Slovakia has an edge in saving cost that helped its automobile production to grow immensely.
Analyzing all these benefits, RNCOS analyst said that Slovakia is a low cost production center in comparison to developed countries such as Japan, Germany and the US during recession. Low cost production makes Slovakia more attractive to players to set up their manufacturing utilities.
“Slovakia Automobile Sector Analysis” provides detailed information on growth drivers, challenges and future prospects for the automotive industry in Slovakia. The report also gives comprehensive overview on various segments of the industry, including turnover, production, export, investment, sales and predicts the future direction of the industry. It provides forecast on automobile registration, employment in automobile industry and new passenger car sales by country.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM132.htm
Check DISCOUNTED REPORTS on http://www.rncos.comhttp://www.rncos.com/ |
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| Keywords |
Slovakia Automobile Sector Analysis, Automobile Sector, Automobile Sector in Slovakia, Slovakia Automobile Industry, Opportunities in Automobile Industry, Future of Automobile Industry |
| Category |
Automotive |
| Submission Date |
Jun 20, 2009 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
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Other links at Automotive |
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RNCOS Releases a New Report- Booming Russian Automobile Sector
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According to our new research report - “Booming Russian Automobile Sector” - the Russian automotive industry is growing at a fast pace and emerging as one of the most competitive and dynamic industries at the world level. Government initiatives and incentives are filliping the industry and attracting the foreign players to the market. These foreign auto giants are establishing their car assembly lines in the country and capturing the domestic market.
Passenger car segment dominates the domestic market of Russia and is expanding due to increasing disposable income and low interest rate. This will further act as an attractant for the foreign investors to invest in the industry.
We expect that more foreign auto giants will enter the market in future to fill the demand and supply gap. At present, a large section of passenger car demand is satisfied by new imports and its share will grow in future as Russians are looking for latest technology and new designs. The commercial vehicle market will be dominated by the Light Commercial Vehicle (LCV) segment. The major part of this high demand will come from growing small- and medium-scale businesses, coupled with increasing income.
The report provides exhaustive and extensive research on the burgeoning automobile industry of Russia. It defines the market structure and growth, discusses the market drivers, analyzes the future growth areas, and studies the various parameters of the market.
Key findings of “Booming Russian Automobile Sector” include:
- Sales of passenger cars in Russia are forecasted to reach about 5.9 Million Units by 2012.
- The commercial vehicle market is projected to increase at a CAGR around 14% during 2008-2012.
- The Russian government is establishing Greenfield sites to attract foreign players.
- The stock of passenger car per 1,000 people is expected to cross 300 Units by 2012, reflecting the vast potential this market has.
- In the used passenger car market, the Russian used cars accounted for about 86.9% share in 2007.
- There is a high scope for growth of automotive component industry and dealership network in Russia.
Key questions answered in the report:
- What is the market size of the Russian automotive industry?
- Where does the Russian automotive market stands at global level?
- What are the major segments in the market and what is their growth potential?
- What are the growth prospects for the market in near future?
- Which factors are driving the market?
- What are the opportunities and constraints for automobile manufacturers?
- What is the automobile production landscape of domestic and foreign players?
- Who are the major domestic and foreign players in the market?
Information in the report has been sourced 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.
Research methodology used in the report:
RNCOS industry forecast and analysis is based on various macro and microeconomic factors, sector and industry specific databases and our in-house statistical and analytical model. This model takes into account the past and current trends in an economy, and more specifically in an industry, to bring out an objective market analysis.
Our industry experts study the relationship between various industry and economic variables to ensure the required accuracy and desired check on the quality of data and information given in the report.
For more information visit: http://www.rncos.com/Report/IM551.htm
Current Industry News: http://www.rncos.com/Blog/
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| 2. |
RNCOS Releases a New Report- Booming Russian Automobile Sector
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RNCOS has recently added a new Market Research Report titled, “Booming UAE Telecom Sector” to its report gallery. According to the new report Russian automotive industry is growing at a fast pace and emerging as one of the most competitive and dynamic industries at the world level. Government initiatives and incentives are filliping the industry and attracting the foreign players to the market. These foreign auto giants are establishing their car assembly lines in the country and capturing the domestic market.
Passenger car segment dominates the domestic market of Russia and is expanding due to increasing disposable income and low interest rate. This will further act as an attractant for the foreign investors to invest in the industry.
We expect that more foreign auto giants will enter the market in future to fill the demand and supply gap. At present, a large section of passenger car demand is satisfied by new imports and its share will grow in future as Russians are looking for latest technology and new designs. The commercial vehicle market will be dominated by the Light Commercial Vehicle (LCV) segment. The major part of this high demand will come from growing small- and medium-scale businesses, coupled with increasing income.
The report provides exhaustive and extensive research on the burgeoning automobile industry of Russia. It defines the market structure and growth, discusses the market drivers, analyzes the future growth areas, and studies the various parameters of the market.
Key findings of “Booming Russian Automobile Sector” include:
Sales of passenger cars in Russia are forecasted to reach about 5.9 Million Units by 2012.
The commercial vehicle market is projected to increase at a CAGR around 14% during 2008-2012.
The Russian government is establishing Greenfield sites to attract foreign players.
The stock of passenger car per 1,000 people is expected to cross 300 Units by 2012, reflecting the vast potential this market has.
In the used passenger car market, the Russian used cars accounted for about 86.9% share in 2007.
There is a high scope for growth of automotive component industry and dealership network in Russia.
Key questions answered in the report:
What is the market size of the Russian automotive industry?
Where does the Russian automotive market stands at global level?
What are the major segments in the market and what is their growth potential?
What are the growth prospects for the market in near future?
Which factors are driving the market?
What are the opportunities and constraints for automobile manufacturers?
What is the automobile production landscape of domestic and foreign players?
Who are the major domestic and foreign players in the market?
Information in the report has been sourced 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.
Research methodology used in the report:
RNCOS industry forecast and analysis is based on various macro and microeconomic factors, sector and industry specific databases and our in-house statistical and analytical model. This model takes into account the past and current trends in an economy, and more specifically in an industry, to bring out an objective market analysis.
Our industry experts study the relationship between various industry and economic variables to ensure the required accuracy and desired check on the quality of data and information given in the report.
For more information visit: http://rncos.com/Report/IM164.htm
Current Industry News: http://www.rncos.com/Blog/
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| 3. |
RNCOS Releases a New Report- Slovakia Automobile Sector Analysis
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RNCOS has recently added a new Market Research Report titled, "Slovakia Automobile Sector Analysis" to its report gallery. Slovakia, the third-largest automotive manufacturer in central Europe, is among the fastest growing automotive markets in the Central & Eastern European Region (CEE), with the industry production growing almost two-fold (93%) in 2007 from the previous year. In percentage terms, the Slovakian automobile industry expanded by 93.3%. However, the country manufactures most of its automobiles for export, and this trend will continue in future, says the market research report “Slovakia Automobile Sector Analysis”.
This report provides a comprehensive review on the growth rationales, challenges and market prospects for the Slovakia automotive industry. It gives a detailed overview on the industry segmented into turnover, production, sales, export and investment, and predicts the future direction of the industry.
Key Highlights of the Report
- The automotive industry is the main driver of the Slovak economy, with the sector accounting for around 35% of total industrial production in 2007.
- Total production of the Slovakian automotive industry surged huge 93.3% and reached 571,071 Units in 2007 as compared to the previous year.
- Slovakia’s geographical location and relatively cheap labor force drives its automotive industry.
- From longer-term perspective, R&D will play a greater role to increase the chances of sustained growth once Slovakia’s advantage in terms of labor costs disappears.
- The Slovakian automobile industry is export-oriented. In 2007, the total automotive export from the country reached 564 Billion SKK (US$ 27.07 Billion) as compared to 402 Billion SKK (US$ 19.30 Billion) in 2005.
- Entry of new market players such as PSA and KIA will diversify Slovakia’s automotive industry and will help it to grow further.
Key Issues & Facts Analyzed in the Report
- What are growth rationales and market prospects of Slovakia automotive industry?
- What is the current statistics of the Slovakia automotive industry?
- Where does the Slovakia auto industry stands vis-a-vis the European auto industry?
- What are the challenges for the industry?
- Who are the Key players in the industry?
Key Industry Players Analyzed in the Report
This section covers the key facts about major players currently operating in the Slovakia automotive sector such as Volkswagen, PSA and KIA Motors.
Research Methodology Used
Information Sources
Information in this report has been sourced from 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
The analysis methods used in the report include ratio analysis, historical trend analysis, judgmental forecasting, and cause and effect analysis.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM132.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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| 4. |
Legends Of Scooter Sport: The Honda C100
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I figured that the most numerous produced vehicle (not just scooter but vehicle) ever would be an appropriate choice for the first ever installment of "Legends of Scooter Sport." The Honda C100, Honda 50, or Honda Super Cub has been produced in some form or another since 1958 and 70 million bikes have been produced. Its' light weight, easy of use, and unbeatable reliability has won it over in the hearts and souls of millions all over the world. The model originally came with a solo seat and cargo rack, (similar to the later Honda c105) but by the time the bike made it to America, it had evolved into a two seater. The first model was powered by a pushrod 50cc four-stroke power plant putting out a bone crushing 4.5HP. At the time the four-stroke motor was in a class of its own due to its high revving nature and the lack of having to premix oil as found in most two-stroke bikes common of the time. The power met the road via two 17" tires, a three speed gearbox, and an automatic clutch. The step thru design on the chassis was revolutionary and was designed to allow easy access to women, children, and people of all sizes. In 1964 two larger capacity engines were offered for the first time, a 90cc and a 70cc. This bike launched Honda's famous "You meet the nicest people on a Honda" ad campaign.
In the late 1960s Honda upgraded the 50cc motor to a OHV engine putting out a more respectable 4.9HP. Though the basics of the Super Cub design remained constant over the years, the bike was slowly upgraded over time. The most notable upgrade being the addition of conventional motorcycle forks in the early 1980s. During its lifetime the bike has spawned numerous other models including the popular Honda CT90 (or Trail 90) and the electric start C102 Super Cub. During the 80s in the USA the Super Cub was phased into Honda's newest model, the Passport. The Passport featured a more modern 12v CDI type ignition to meet stricter emission requirements and achieve better fuel mileage. The Passport has been unavailable in the US as a new model for almost twenty years.
The Super Cub is still produced today for the Japanese and Asian markets and it is one of the most durable bikes on the planet. There have been many reported instances of running cooking oil in the engine instead of regular oil without even a whimper from the motor. Recently electronic fuel injection was added to the new models being produced and it continues to be a great seller in Japan and other parts of Asia.
Modern Super Cub Anniversary Edition:
I love my 1965 Honda C100 and if you would like to check out more about it and its' modifications, you can see it in the DIY section.
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| 5. |
RNCOS Releases a New Report- China Automobile Sector to 2010
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RNCOS has recently added a new Market Research Report titled, "China Automobile Sector to 2010" to its report gallery. In the past few years, precisely after its accession to the World Trade Organization (WTO) in 2001, China has seen a phenomenal growth in its automotive industry. As the country’s economy is growing steadily and it has a vast consumer base with increasing disposable income, changing lifestyle and rapid development in road infrastructure, China has become a renowned name in the global automobile industry.
The report is a work of intensive research and objective analysis on the growing automobile industry, market players and future prospects in China. It discusses the past and current scenario of China auto industry with detailed data and analysis to help investors identify the opportunities in this evolving market.
Key Findings
- It is projected that China will add 33 Million automobiles during 2008-2010.
- Passenger car production in China is expected to cross 7 Million Units in 2008.
- Passenger car stock per 1000 population is likely to increase at a CAGR of 19.8% from 2008 to 2012 in China.
- Sales of commercial vehicle in the country are forecasted to grow at a CAGR of around 5.5% during 2008-2010.
- Based on the past performance, it is projected that passenger car sales will cross 11 Million Units in 2010.
- Sedan will be the preferred segment among the Chinese consumers during the forecasted period.
Key Issues & Facts Analyzed
- Demand and supply analysis of China’s automobile industry.
- Study of the performance of China passenger car industry.
- Analysis of the driving factors for the China’s automobile market.
- Evaluation of opportunities associated with the Chinese automobile market.
- Key players in the China automobile industry.
Key Players
This section gives an overview of major players, like General Motors Corporation, Volkswagen AG, and Hyundai Motor Company, operating in the Chinese automobile industry on the basis of the market capitalization and sales.
Research Methodology Used
Information Sources
The information has been sourced from various sources like books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to over 3000 paid databases.
Analysis Method
The analysis methods used in the report are ratio analysis, historical trend analysis, judgmental forecasting, and cause and effect analysis.
For more information visit: http://rncos.com/Report/IM117.htm
Current Industry News: http://www.rncos.com/Blog/
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