Business Monitor International


Spain Autos Report

Published 02 October 2014

  • 51 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
 
$1,295.00
Spain Autos Report

BMI forecasts an 11.9% increase in vehicle sales in 2014. This comes from an expected 9% increase in the passenger car segment and 29.3% rise in commercial vehicle (CV) sales.

BMI forecast 9% growth in passenger car sales in 2014 on the back of the extension of the vehicle scrappage scheme buoying sentiment and pent-up demand from sustained declines in recent years, despite the country's weak consumer story dampening demand for big ticket purchases.

BMI forecast 30% growth in the LCV segment and 25% growth in heavy truck sales in 2014. We expect the country's construction and manufacturing sectors to remain lacklustre, but we believe that pent-up demand in the segment will help buoy the sector over the year.

BMI forecasts vehicle production in Spain to increase 8.6% in 2014. This comes from an expected 6% increase in passenger car output over the year and a 20% increase in CV production.

Spanish autos production is dominated by exports. Indeed, according to data from the Spanish autos association ANFAC, the value of the country's vehicle exports increased some 15% in 2013, to EUR26.2bn (USD36.1bn). This attests to BMI's view that autos production in Spain is becoming increasingly export-orientated, and we believe this segment will lead the recovery in the country's autos sector in 2014. Indeed, we expect to see a resurgence in Spanish output on the back of strong fundamentals and improving vehicle sales in Europe, Spain's main export market.

Table of Contents

BMI Industry View
7
SWOT
8
Political
9
Economic
10
Business Environment
11
Industry Forecast
12
Production, Sales and Trade
12
Table: Autos Total Market - Historical Data And Forecasts (Spain 2012-2018)
12
Sales Forecasts and Analysis
12
Production Forecasts And Analysis
14
Industry News
14
Passenger Cars
16
Table: Passenger Car Market - Historical Data And Forecasts (Spain 2012-2018)
16
Sales
16
Table: Passenger Car Sales By Brand
18
Production
19
Commercial Vehicles
22
Table: Commercial Vehicle Market - Historical Data And Forecasts (Spain 2012-2018)
22
Sales
23
Table: Light Commercial Vehicle Sales By Brand
24
Table: Heavy Truck Sales By Brand
24
Production
26
Motorcycles
27
Table: Motorcycle Market - Historical Data And Forecasts (Spain 2012-2018)
27
Sales
27
Production
29
Suppliers
30
Macroeconomic Forecasts
31
Economic Analysis
31
Table: Spain - Economic Activity
36
Industry Risk Reward Ratings
37
Europe - Risk/Reward Ratings
37
Table: Europe Industry Risk Rewards Ratings Table
41
Company Profile
42
Honda Motor
42
Regional Overview
44
Europe Overview
44
Global Industry Overview
47
Table: Passenger Car Sales March 2014
47
European Growth Gathers Momentum
47
Japan Prepares For Tax Fallout
49
China Wobble Adds To BRIC Weakness
50
Demographic Forecast
53
Table: Spain's Population By Age Group, 1990-2020 ('000)
54
Table: Spain's Population By Age Group, 1990-2020 (% of total)
55
Table: Spain's Key Population Ratios, 1990-2020
56
Table: Spain's Rural And Urban Population, 1990-2020
56
Methodology
57
Industry Forecasts
57
Sector-Specific Methodology
58
Sources
58
Risk/Reward Ratings Methodology
59
Table: Automotive Risk/Reward Ratings Indicators And Weighting Of Indicators
60

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

Business Monitor International (BMI)'s Spain 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 Spain.

Key Benefits

  • Benchmark BMI's independent automotives industry forecasts on Spain to test other views - a key input for successful budgetary and planning in the Spanish automotives market.
  • Target business opportunities and risks in the Spanish automotives sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Spain.
  • 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.

Global, Regional and Country Industry Overviews

In-depth analysis of the major global and regional developments in the market, which can be linked with the country industry overview, providing cross-country investment, product and financing trends that will affect each market, supported by BMI’s global and regional industry forecasts.

Business Environment Rankings

BMI's proprietary Autos Business Environment Rankings are a unique country-comparative Risk-Reward Rankings index that separately analyses the risks and rewards of operating in each market. It is aimed at investors (including manufacturers, suppliers and dealers) who seek to either identify and compare market opportunities, or evaluate country-specific operational challenges.

The rankings methodology makes sophisticated use of over 40 industries, economic and demographic data points.

BMI Industry Forecasts

Historic data series and forecasts to end-2018 for all key industry indicators (see list below), supported by explicit assumptions, plus analysis of key downside risks to the main forecast, including:

Total production value (US$bn); total production of units; production by vehicle-type (including cars, commercial vehicles, trucks and buses); total sales value (US$bn); sales by vehicle-type, including passenger cars and commercial vehicles (vans and microbuses, pickups, trucks and buses, 4 wheel drive); total exports by value (US$bn) and by units; total imports by value (US$bn) and by units; contribution to GDP; employment in industry.

BMI Economic Forecasts

BMI forecasts to end-2018 for all headline macroeconomic indicators, including real GDP growth, inflation, fiscal balance, trade balance, current account and external debt.

Company Profiles

Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI's industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape. The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.

secure
Benefit from discounts when you add multiple products to your basket
2 Products SAVE 10%
3 Products SAVE 15%
4 Products SAVE 20%
5 Products SAVE 25%
6 Products SAVE 30%
7 - 20 Products SAVE 35%
21 Products or more SAVE 40%

Testimonials

'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc