Automotive Report Japan 2nd Quarter

Japan is the second-largest automotive market in Asia after China, with almost 5m new vehicles registered in 2016, according to the Japan Automobile Manufacturers' Association (JAMA). However, total motor vehicle registrations fell by 1.5% in 2016, following a 9.3% decline in 2015. Automotive sales in Japan will grow slowly over the forecast period (2017-21), reflecting …

Automotive Report Saudi Arabia

Saudi Arabia is by far the most populous country in the Gulf Co-operation Council (GCC, a six-nation economic bloc) and a major automotive market. Large fuel subsidies and limited public transport options contribute to demand for cars, but an Islamic ban on women drivers reduces the potential size of the market. Sales have increased more …

Automotive Report Egypt

The Egyptian automotive market is small in comparison with those of other developing countries of a similar size. Sales are constrained by low incomes relative to the cost of vehicles, which is pushed higher by the effects of devaluation and increased indirect taxation. According to the Automotive Marketing Information Council (AMIC), an industry group, passenger …

Automotive Report South Korea 3rd Quarter

South Korea is the world's sixth-largest producer of motor vehicles, behind China, the US, Japan, Germany and India, according to the International Organisation of Motor Vehicle Manufacturers (OICA). Cars have remained one of South Korea's most important export industries, along with electronics, shipbuilding and petrochemicals. Following declines in 2012-13, the car market expanded in 2014-15, …

Automotive Report Israel

Israel has no vehicle-manufacturing capacity and all vehicles are therefore imported. Israel does, however, have a growing automotive sector, comprising some 280 companies, of which 170 exported goods and services with a total value of US$950m in 2015. Car ownership is low by European standards, but high by Middle Eastern standards. At the end of …

Automotive Report Philippines

The Philippine automotive industry is small compared with several other Association of South-East Asian Nations (ASEAN) countries. This reflects the size of the market, which remains small despite a sizeable population that exceeds 100m. Output relies on assembly operations, whereby local assemblers operate under licence from foreign carmakers. A Motor Vehicle Development Programme (MVDP), introduced …

Automotive Report India 3rd Quarter

India is Asia's third-largest car market, behind China and Japan, and the world's fifth-biggest commercial-vehicle market. Passenger-car sales reached a record high of over 3m in fiscal year 2016/17 (April-March), but the recovering commercial-vehicle (CV) market, at around 714,200 units, remained well below its 2011 high. Vehicle output, at 4.5m units in 2016, was the …