Sunday, January 10, 2010

Study Just Published: United States Autos Report Q1 2010

PR Log (Press Release) – Jan 10, 2010 – Uncertainty regarding the future of Detroit's 'Big Three' carmakers, coupled with the ongoing economic gloom, saw US light vehicle sales drop by 36% in December, the largest decline in nearly 35 years. This meant that sales finished the year down 18% at 13.2mn units, just below  BMI's forecast of a 16% drop to 13.5mn. Data for December also showed that the US brands were not alone in their slump as the majority of major bands registered a decline of at least 20%. While incentives and financing offers are likely to remain in place until surplus inventories have been cleared, it will take much more to avoid a further drop in sales in 2009.  BMI currently forecasts a decline in the region of 21% to 10.4mn units, as carmakers continue to adapt to the market and the economy contracts further. We are slightly more optimistic from 2010 onwards, as the roll-out of more hybrids and full-electric vehicles should coincide with a resurgence in oil prices. However, a return to the 16.15mn units sold in 2007 (which was in itself a decline from the previous year) does not feature in our five-year forecast and the recovery will be a gradual one. Despite its current crisis, the US currently ranks second in  BMI's Business Environment Ratings for the automotive industry in the countries of the Americas, on 63.9 from a possible 100. The US has a negative forecast in terms of output and sales growth. While this is a testament of the extent to which the market has developed its potential, the ratings reflect the limits carmakers operating in the US market currently face. However, as a developed market, the US scores highly for its country structure and transparency of business. In terms of the 2008 competitive landscape,  General Motors (GM) maintained its first place, and  Toyota its second, while  Ford's decline of 21% for the year left the company in third. Toyota suffered slightly less over the year, with sales ending 2008 down 15.4% year on year (y-o-y), while GM's sales fell 22.7% despite maintaining market leadership. The gap between the two narrowed, however, from 1.2mn units to just over 700,000.  Chrysler was the worst hit of the 'Big Three' with sales falling by 53% in December and 30% over the year. The company attributed the severe decline to its reduction in fleet sales.

For more information or to purchase this report, go to:

-  http://www.fastmr.com/prod/43814_united_states_autos_rep ...

Report Table of Contents:

Executive Summary

- SWOT Analysis

- United States Autos Industry SWOT

- United States Political SWOT

- United States Economic SWOT

- Market Overview

- Business Environment Ratings

- Business Environment Rankings

Table: Business Environment Regional Rankings Table

- Industry Forecast Scenario

- Industry Developments

- US Autos Sector - Historical Data And Forecasts

- US Autos Sector - Historical Data And Forecasts

- Macroeconomic Forecast Scenario

- United States - GDP By Expenditure

- Competitive Landscape

- US - Top 10 New Vehicle Sales, 11M08 & 11M09 (CBUs)

- North American Light Vehicle Output 9M09 (CBUs)

- Industry Developments

- Emission Standards

- US Hybrid Sales, Jan-Sep 2009

- Company Developments

- The 'Big One'

- Suppliers

- US - Top Automotive Suppliers (US$mn)

- Company Profiles

- General Motors

- Ford Motor

- Chrysler

- Country Snapshot: US Demographic Data

- Section 1: Population

Table: Demographic Indicators, 2005-2030

Table: Rural/Urban Breakdown, 2005-2030

- Section 2: Education And Healthcare

Table: Education, 2002-2005

Table: Vital Statistics, 2005-2030

- Section 3: Labour Market And Spending Power

Table: Employment Indicators, 2001-2006

Table: Consumer Expenditure, 2000-2012 (US$)

Table: Average Annual Wages, 2000-2012 (US$)

- BMI Forecast Modelling

- How We Generate Our Forecasting Model

- Sources

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets.  BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports.  Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports.  View more research from Business Monitor International at http://www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

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