International Research

France Automotive Accessories and Specialty Equipment Market

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The tuning market in France is fragmented, characterized by a large number of importers and a complex distribution network. In the context of a relatively strict regulatory environment, the world of tuning has had to adapt in order to fulfill consumer preferences while respecting increasingly severe legal requirements. Most industry specialists agree that the market is far too unpredictable to accurately assess all future trends. This is in part due to the fact that the market is so dependant upon consumer preferences, which can change significantly from year to year. Despite this, most affirm that the tuning
market will continue to evolve, offering more and more specialized designs and high-range equipment. While consumer preferences are limitless, French and European regulations will be the deciding factor for the future of the tuning market.

 

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Czech Republic: Importing Cars Into the Czech Republic

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Sales of used car in 2005 made up 52.81% of total car sales what well represents the importance of used car market in the Czech Republic. In 2005, there were 106,688 new personal cars and 119,411 imported used personal cars registered. Sales of new cars declined for 2.43% in 2005 comparing to 2004 while sales of used cars jumped for 20.03% in the same period of time. Vast majority of used cars is imported from EU countries. Import of American cars has been a niche market due to differences in European and American technical requirements and related expanses to comply with European standards. This makes American cars less competitive, however, there is still healthy demand for classic American cars.

 

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Czech Republic Automotive Accessories and Specialty Equipment Market

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Total exports and imports of the category “Other parts and accessories for motor vehicles” in 2005 were $2,175 billion and $1,307 billion respectively. Total exports overcame imports for 66% that means that a very significant part of imported auto parts / specialty equipment are re-exported. While import from the States to the Czech Republic in this category represented $17.4 million, export reached $12.4 million. The balance is positive for $5 million. We conservatively estimate the size of automotive accessories & specialty equipment market in the Czech Republic at CZK 230 million ($10 million).

 

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Colombia Motorcycles, Parts, and Accessories

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2005 was a record year for motorcycle sales in Colombia. 270,000 motorcycles were sold throughout the country. This activity can be attributed to an increase in fuel prices, vehicle reduction programs during peek traffic times in main cities, and traffic jams. Also, due to Colombia’s currency revaluation during 2005, motorcycle imports increased, which helped to increase the local demand for those imported products. Additionally, local banks are offering loans with low interest rates, which favor the
buying decisions for new imported motorcycles.

 

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China Increased Demand for Sport Utility Vehicles

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China’s vehicle exports are expected to outpace imports again in 2006 despite the higher excise tax that fueled explosive growth in car imports during the first quarter. In terms of volume, exports will continue to surpass imports in 2006 as
more Chinese automakers eye selling low-priced cars to the huge overseas market.

 

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China Automotive Industry

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China is set to become the world’s second largest new automobile growth market by the end of 2006 and this growth is spurring demand for U.S. automotive parts, services, and aftercare products. The East China region in particular has tremendous opportunities as new car drivers become more sophisticated and demand better vehicle quality and better repair and maintenance service. U.S. exporters should be aware that while industry revenue is increasing, profit margins are slowly falling to international averages. Infringement of intellectual property remains a very serious issue.

 

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Chile Vehicle Emission Regulations

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The following is a list of the vehicle emission regulation standards for 2006. Vehicles are divided into three categories according to their gross weight. Emission regulations also vary by region in Chile. (Chile is divided into 12 regions plus the Metropolitan Region, which represents Santiago, the nation’s capital.)

 

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Canada New Opportunities for U.S. Automotive Parts

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Linamar Corporation (Canada’s second-biggest auto parts manufacturer after Magna International) announced a partnership with the Ontario government on May 12th aimed at expanding the company’s manufacturing facilities. Under the
plan, Linamar will invest $1.1 billion over the next five years and is expected to create over 3,000 well-paying and highly skilled jobs during that time. The announcement is the latest from a series of auto manufacturers and parts suppliers that has seen over $6 billion invested in southern Ontario over the last two years.

 

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Canada Automotive Industry

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Ontario has won another automotive investment with interior parts giant Toyota Boshoku Corporation’s announcement on July 11, 2006 that it plans to build a plant in Woodstock, Ontario. The C$65-million plant will create an estimated 330 full-time jobs and will supply seats, door trim and carpets for Toyota Motor Manufacturing Canada Inc, which is in the midst of building a C$1.1 billion assembly plant in Woodstock. Both companies are part of parent company Toyota Motor Corp. based in Tokyo, Japan. Components made by Toyota Boshoku’s plant will go into the RAV4 Sport utility vehicle that Toyota Canada will assemble in its new plant starting in 2008. The new plant is set to produce 150,000 vehicle units annually.

 

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Bulgaria Automotive Market

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Bulgaria has no domestic production of passenger cars and since 1990. Bulgaria's automotive fleet is still dominated by second hand cars. High prices combined with decreasing discretionary income are shifting consumer demand from new autos to more affordable secondhand cars. The average age of the cars in Bulgaria is 15-18 years.

 

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