Airlines in Spain - Industry and Country Analysis
- Published: July 2011
BMI has revised down its vehicle sales forecasts to a more than 15% y-o-y decline in 2011 and expects only a modest 2.6% y-o-y recovery next year. The downgrade comes on the back of continued weakness in the passenger car sales segment where the market shifted 24% less cars, to 521,124 units, during 7M10 compared with the same period last year, according to estimates from the Spanish car association Anfac.
Sales for commercial vehicles, on the other hand, were down 8.4% y-o-y, to 66,421 units, during H111, the European Automobile Manufacturers' Association (ACEA) estimates.
BMI believes the vehicle sales performance reflects the slackened consumer and business confidence in the country as a result of aggressive fiscal austerity, rising interest rates, stubbornly high unemployment and ongoing deleveraging within the private sector.
On the other hand, vehicle production during the same period has shown a cautious recovery, growing 1.3% compared with the same period last year. Although the growth is far from encouraging, it is commendable given that it comes on the back of an over 10% y-o-y growth in vehicle production in 2010, to nearly 2.39mn units.
BMI
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Executive Summary
SWOT Analysis
Spain Auto Industry SWOT
Spain Political SWOT
Spain Economic SWOT
Spain Business Environment SWOT
Global Overview
BMI's Core Views For The Automotives Industry
Regional Overview
Table: Europe – Top Automotive Suppliers Sales By Region (US$mn), 2010
Business Environment Ratings
Table: BMI Industry Risk-Reward Ratings For Autos In Europe
Macroeconomic Forecast
Table: Spain - Economic Activity
Industry Forecast Scenario
Domestic Sales
Table: Spain Autos Sales – Historical Data And Forecasts
Production
Table: Spain – Auto Production And Exports, 2010
Table: Spain Auto Production – Historical Data And Forecasts
Table: Spain Auto Sector – Historical Data And Forecasts
Industry Overview
Table: Spain Auto Industry – Economic Data
Industry News
Passenger Cars
Table: Spain Passenger Car Segment – Historical Data And Forecasts
Key Players
Company News
Future Of Production
Table: Auto Production, 2009-2010
Alternative Fuel Segment
Commercial Vehicles
Table: Spain Commercial Vehicle Segment – Historical Data And Forecasts
Company News
Motorcycles
Table: Spain Motorcycles Segment – Historical Data And Forecasts
Segment News
Company News
Suppliers
Company News
Company Profiles
Volkswagen-SEAT
Renault
PSA Peugeot Citroën
Country Snapshot: Spain Demographic Data
Section 1: Population Table: Demographic Indicators, 2005-2030
Table: Rural/Urban Breakdown, 2005-2030
Section 2: Education And Healthcare
Table: Education, 2002-2005
Table: Vital Statistics, 2005-2030
Section 3: Labour Market And Spending Power
Table: Employment Indicators, 2001-2006
Table: Consumer Expenditure, 2000-2012 (US$)
Table: Average Annual Manufacturing Wages, 2000-2012
How We Generate Our Forecasting Model
Sources
- Volkswagen-SEAT
- Renault
- PSA Peugeot Citroën
| Format | Properties | |
|---|---|---|
| Electronic (PDF) | The report will be emailed to you. The report is sent in PDF format. | This is a single user license, allowing one specific user access to the product. |