Summary New Cars in Venezuela industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Findings Save time carrying out entry-level research by identifying the size, growth, and leading players in the new cars market in Venezuela
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in Venezuela
Leading company profiles reveal details of key new cars market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Venezuela new cars market with five year forecasts by both value and volume
Synopsis Essential resource for top-line data and analysis covering the Venezuela new cars market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Reasons To Buy What was the size of the Venezuela new cars market by value in 2015?
What will be the size of the Venezuela new cars market in 2020?
What factors are affecting the strength of competition in the Venezuela new cars market?
How has the market performed over the last five years?
Who are the top competitors in Venezuela's new cars market?
Key Highlights The new cars market consists of the initial retail sale/registration of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s and other related vehicles. The market value is calculated at retail selling price (RSP) and the market volume is given in terms of units sold. Market shares consist of motor manufacturing groups as opposed to their individual brands, i.e. for the Volkswagen Group this includes all of its brands such as Volkswagen, Audi, Skoda, Seat etc. Any currency conversions used in this report have been calculated at constant 2015 annual average exchange rates. For leading models both globally and in Europe, full sales figures, rather than those available from our limited range of countries have been used. All other regional leading model information is gathered from country data already contained within the data set. No leading model information available for Nigeria.
The Venezuelan new cars market had total revenues of $0.2bn in 2015, representing a compound annual rate of change (CARC) of -51.6% between 2011 and 2015.
Market consumption volumes declined with a CARC of -41.4% between 2011-2015, to reach a total of 7.7 thousand units in 2015.
The performance of the market is forecast to accelerate, reversing the very strong decline of recent years.
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