A new report published by Automotive World looks at the prospects for the light vehicle and heavy CV markets in NAFTA in the period to 2021.
‘NAFTA’s new vehicle market: Prospects to 2021‘ (https://www.automotiveworld.com/research/naftas-new-vehicle-market-prospects-2021) is available to download now from the research section of AutomotiveWorld.com.
Whatever happens to what Donald Trump calls “the worst trade deal maybe ever signed…”, each NAFTA country has a strong light vehicle market: In 2016, all three NAFTA markets – Canada, Mexico and the USA – reported increases, with the region up a 7th successive year, peaking at over 21 million units.
This exclusive Automotive World report looks at the prospects for the light vehicle and heavy CV markets in NAFTA in the period to 2021.
The report’s author, Jonathan Storey commented, “Considering there might no longer be a NAFTA market to analyse in a year’s time, from the perspective of light vehicle sales, the region is in remarkably good health, hitting an all-time peak in 2016 after the longest upswing since 1909-1917. Behind the headline figures we see the market supported by high levels of OEM marketing spend and the low interest rate environment that has enabled attractive leasing rates.
We expect both these factors to turn marginally negative in 2017, contributing to a mild downturn. Key to our forecast for the market remaining at historically high levels beyond 2017 will be the avoidance of severe trade disruption through an abrupt termination of NAFTA without a comprehensive alternative plan.”
Table of contents
- Executive summary
- Chapter 1: Recent light vehicle (LV) demand
- Chapter 2: Market characteristics
- Chapter 3: Market shares
- Chapter 4: Economic outlook
- Chapter 5: Outlook for LV demand
- Chapter 6: NAFTA’s medium and heavy CV sector – the Class 4-8 market
- Chapter 7: Outlook for Class 4-8 demand
Further information
Automotive World subscribers can access the report by following this link: https://www.automotiveworld.com/research/naftas-new-vehicle-market-prospects-2021
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