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  4. > Ecuador Autos Report Q1 2017

Ecuador Autos Report Q1 2017

  • November 2016
  • -
  • Business Monitor International
  • -
  • 35 pages

Includes 3 FREE quarterly updates

BMI View:
The removal of import quotas on new vehicles will lead to sharp 23.3% rise in vehicle sales in 2017 despite the Ecuadorian economy being forecast to suffer a second consecutive year of recession.

Key Views


- Consumers looking to satisfy pent-up demand for new imported vehicles after almost four years of import controls will spur new purchases but volumes will still remain well below their 2015 levels.

- Reasons for sales remaining below their 2015 levels are due to the country remaining in recession as weak oil prices and the losses and damages to assets after the April 2016 earthquake continue to add to the country's economic woes and keep both household and business confidence low.

- Unlike passenger cars the motorcycle segment will remain in decline given that motorcycles were not subject to the same import quota rules and will not, therefore, benefit from quota removal.

- Light vehicle production will gain long-term boost with new production of JAC Motors-branded vehicles and a substantial investment in production activities being announced by General Motors Company.

Table Of Contents

Ecuador Autos Report Q1 2017
BMI Industry View 7
Key Views 7
SWOT 9
Industry Forecast 10
Table: Autos Total Market - Historical Data And Forecasts (Ecuador 2014-2020) 10
Latest Developments 10
Structural Trends 10
Sales 10
Production 15
Passenger Cars 17
Table: Passenger Car Market - Historical Data And Forecasts (Ecuador 2014-2020) 17
Latest Developments And Segment Drivers 17
Key Players 18
Table: Key players* 18
Commercial Vehicles 18
Table: Commercial Vehicle Market - Historical Data And Forecasts (Ecuador 2014-2020) 18
Latest Developments And Segment Drivers 19
Industry Risk/Reward Index 20
Risks Outweigh Rewards In Central America 20
US Election Brings Risks To NAFTA Stability 21
Brazil And Argentina Are 'Best Of The Rest' 21
Regional Overview 22
Latin America Overview 22
Table: Latin America Autos Production Investment 22
Bullish On Argentina Again 24
Mexico Still Aimed At US But New Export Focus Emerging 25
Mexico's Increasingly Sophisticated Supply Chain 26
Demographic Forecast 27
Table: Population Headline Indicators (Ecuador 1990-2025) 28
Table: Key Population Ratios (Ecuador 1990-2025) 28
Table: Urban/Rural Population and Life Expectancy (Ecuador 1990-2025) 29
Table: Population By Age Group (Ecuador 1990-2025) 29
Table: Population By Age Group % (Ecuador 1990-2025) 30
Methodology 32
Industry Forecasts 32
Sector-Specific Methodology 33
Sources 33
Risk/Reward Index Methodology 34
Table: Automotive Risk/Reward Index Indicators And Weighting Of Indicators 35

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