Industry Trend Analysis - Autos Mid-Year Update: Key Themes For 2017 - AUG 2017
As we reach the mid-point of the year, it is time to assess the performance of the key views we outlined for the sector at the end of 2016 ( see ' Key Themes For Autos In 2017 ' , November 29 2016). While the views are all playing out to some extent, one of the most notable is the theme of monetising autonomous car technology and incorporating it into a business model.
Key Theme: Emerging Markets To Outperform Developed Markets
BMI View: Our forecast for EM vehicle sales growth will more than double in 2017 compared with 2016 , while those DMs that have propped up global growth during a tough couple of years for the major EMs will marginally contract on an aggregated basis.
|Key Variables On Their Way Up|
|Russia Real Monthly Wage & Light Vehicle Sales, % chg y-o-y|
|Source: Bloomberg, AEB, BMI|