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Sri Lanka Autos Report Q2 2016

  • March 2016
  • -
  • Business Monitor International
  • -
  • 33 pages

Includes 3 FREE quarterly updates

BMI View: We continue to believe that a combination of new import valuation rules and higher car taxeswill lead to slowing growth in Sri Lanka's new vehicle sales market over 2016, from the elevated levels seenin 2015. However, given strong domestic demand and the possibility of further interest rate cuts, we believethe market can still grow this year, with commercial vehicle sales outperforming passenger car sales.

Key Views
- New-vehicle sales will grow by at least 25% over 2016-2020, with total sales over 115,000 units by 2020.
- We expect slightly stronger growth in commercial vehicle sales than in passenger car sales over2016-2020, but passenger car sales will remain the majority (75%) of all vehicles sold in Sri Lanka.
- The motorcycle segment will remain the single largest part of the wider autos sector.
- German carmaker Volkswagen (VW) had signed an agreement to build a local assembly plant.
- Indian automaker Maruti Suzuki is in talks to open a production facility in the country.

Table Of Contents

Sri Lanka Autos Report Q2 2016
BMI Industry View 7
Key Views 7
SWOT 8
Industry Forecast 9
Table: Autos Total Market - Historical Data And Forecasts (Sri Lanka 2014-2020) 9
Latest Developments 9
Table: Latest Developments 9
Structural Trends 9
Passenger Cars 14
Table: Passenger Car Market - Historical Data And Forecasts (Sri Lanka 2014-2020) 14
Latest Developments 14
Table: Latest Developments 14
Key Players 15
Table: Sri Lanka, Top 4 Passenger Car Brands, December 2015 15
Commercial Vehicles 15
Table: Commercial Vehicle Market - Historical Data And Forecasts (Sri Lanka 2014-2020) 15
Latest Developments 15
Motorcycles 16
Table: Motorcycle Market - Historical Data And Forecasts (Sri Lanka 2014-2020) 16
Latest Developments 16
Industry Risk/Reward Index 18
South East Asia Shines 18
'Make In India' Supports Ranking 19
Vietnam Still Most Likely Frontier Mover 19
Company Profile 20
Toyota Lanka 20
Associated Motorways 21
Regional Overview 22
Table: Asia Autos Production Investment 22
Incentives Powering Chinese Investment 23
Making In India Is Increasing Localised 24
Demographic Forecast 25
Demographic Outlook 25
Table: Population Headline Indicators (Sri Lanka 1990-2025) 26
Table: Key Population Ratios (Sri Lanka 1990-2025) 26
Table: Urban/Rural Population and Life Expectancy (Sri Lanka 1990-2025) 27
Table: Population By Age Group (Sri Lanka 1990-2025) 27
Table: Population By Age Group % (Sri Lanka 1990-2025) 28
Methodology 30
Industry Forecasts 30
Sector-Specific Methodology 31
Sources 31
Risk/Reward Index Methodology 32
Table: Automotive Risk/Reward Index Indicators And Weighting Of Indicators 33

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