The Growth of UK Motor Finance. Richard Jones Managing Director Black Horse, Lloyds Banking Group. 8 April 2016

Size: px
Start display at page:

Download "The Growth of UK Motor Finance. Richard Jones Managing Director Black Horse, Lloyds Banking Group. 8 April 2016"

Transcription

1 The Growth of UK Motor Finance Richard Jones Managing Director Black Horse, Lloyds Banking Group 8 April 2016

2 ABOUT BLACK HORSE Introduction Overview Market Position Key Partners UK market leading non-captive motor finance provider, #1 independent provider) Provide point-of-sale finance to >600k end consumers Sold by >2,600 motor dealers operating through 6,000 dealerships 300k new customers and > 4bn of lending in Bn total customer lending Motor Finance via Dealers 1 Motor Finance via JVs 4 Leisure & Bike Finance 1 Dealer Wholesale Stocking 2 Fleet Company Finance 1 External recognition Motor Finance Performance 2015 New Business, bn 30% CAGR W I N N E R

3 A PERIOD OF TREMENDOUS GROWTH FOR NEW CAR SALES GD DP YonY % - UK vs Europe Eurozone weakness favouring supply to UK helping significant growth in car sales New Car Sales, m 30% growth Increasing subsidisation of finance deals Subsidisation by Manufacturer +2% +7% +28% 4k New Car Registrations, m & Release of pent up demand Pent up demand 3

4 BENIGN ECONOMIC CONDITIONS UNDERPINNED THE MARKET GROWTH Interest rate remains at all time low with a strong 0.5% BoE base rate for 7 years is 11% cheaper than it was in 2010 Car Market follows GDP trend YonY Growth 15% 10% 5% 0% -5% -10% Scrappage Scheme -15% GDP Used Car Volumes New Car Reg (#m) Relatively benign period for residual values, some growth and no shocks in recent years Residual value k

5 USED CAR SALES GROWTH NOT AS STRONG BUT MARKET REMAINS BUOYANT YoY growth of used car sales not as strong as new car sales YoY growth New vs Used car sales Used Car Sales, m 6.6m Volumes remain high 7.9m 19% growth Only half of used car sales through a dealer Half of dealer sales are of cars over 4 years old Used Car Sales, m Private Dealer Dealer car sales by age,

6 FINANCE PENETRATION IS AT ITS HIGHEST LEVEL EVER New Car Finance penetration peaked Consumer car lending is at its highest 28bn 13bn Subsidisation and finance penetration have grown hand in hand New car finance penetration and subsidisation levels Finance penetration Subsidisation 58% 49% 68% 55% 59% 80% 79% 71% 74% 76% 81% 79%

7 RECENT INFLUENCES 1) Personal Contract Plan growth = higher reliance on residual values PCP has tripled over a 5 year period RVs forecast to fall 1,018 20% peak-to-trough fall? , Residual value risk on car manufacturer Balance sheets 7

8 RECENT INFLUENCES 2) FCA has taken over regulation of motor finance Conduct regulation Affordability and creditworthiness FCA Focus areas Remuneration models Plus: Smarter consumer communications Treatment of vulnerable customers Principle-Led Regulation 8

9 RECENT INFLUENCES 3) Customer digital adoption accelerating and enabling market disruption Removes f2f sales pressure Removes difficult finance conversations Reduces time spent at dealership 9

10 WHAT THE FUTURE HOLDS 1) Ownership to User-ship DriveNow live in London Ford Credit Link car sharing - pilot live Volvo Virtual Key

11 WHAT THE FUTURE HOLDS 2) Technology and digital disrupts the traditional model 1 In 5 vehicles on the road will be a connected car by 2020 Use of customer data will allow personalisation and through-life engagement Disrupting car sales Customer ownership Relationship with manufacturers / dealers, and lenders 11

12 WHAT THE FUTURE HOLDS 3) Can the UK car park keep growing?!! 31m <2m scrapped Vs 2.5m new per yearaverage vehicle life growing Partly offset by 500k new drivers annually Fall in used car values PCP reliance + + Slows new car purchases 12

13 WHAT THE FUTURE HOLDS 4) Demand for AFV is expected to continue Residual values for battery technology Reliability Impact on valuation of traditional fuels 13

14 MARKET FUNDAMENTALS FOR 2020 How consumers wish to do business Who is carrying the risk How and where customers buy Impacts growth in car & car finance sales Influence of economy Influence of regulation 14

15 TWO SCENARIOS WHICH ONE WILL PLAY OUT? Scenario A Scenario B New car sales growth Keeps current pace Small / negative Role of dealer Role of lender Role of manufacture r Central to car & finance Traditional POS lending Subsidisation & Financier Car & Financing split Multi channel D2C, Cars not Banks Regulation + Economy + Trust + Digital + Customer experience 15

16 QUESTIONS? 16

17

European Bank for Reconstruction and Development

European Bank for Reconstruction and Development European Bank for Reconstruction and Development EBRD Strategy in Automotive Sector Russia Alexei Sheloukhin Principal Banker, Corporate Sector, Russia Head of Automotive 13 April 2011 Kaluga Automotive

More information

The IAM in Pre-Selection of global automotive trends impacting the independent multi-brand aftermarket

The IAM in Pre-Selection of global automotive trends impacting the independent multi-brand aftermarket The IAM in 2030 Pre-Selection of global automotive trends impacting the independent multi-brand aftermarket 10th of June 2016 The automotive aftermarket is based on a highly complex value chain with a

More information

The German Market After the Scrapping Scheme. Sascha Heiden Senior Market Analyst Automotive Analysis and Forecasting

The German Market After the Scrapping Scheme. Sascha Heiden Senior Market Analyst Automotive Analysis and Forecasting The German Market After the Scrapping Scheme Sascha Heiden Senior Market Analyst Automotive Analysis and Forecasting The Background Following the financial crisis and its negative impact on global trade,

More information

European Scrapping Programs: Good or Bad? Carlos Da Silva Senior Market Analyst Automotive Analysis and Forecasting

European Scrapping Programs: Good or Bad? Carlos Da Silva Senior Market Analyst Automotive Analysis and Forecasting European Scrapping Programs: Good or Bad? Carlos Da Silva Senior Market Analyst Automotive Analysis and Forecasting The Spread of Government Car Purchase Incentive Schemes Many European Governments have

More information

Anna-Marie Baisden BMI Research Head of Autos Analysis

Anna-Marie Baisden BMI Research Head of Autos Analysis Global Macro & Autos Outlook Anna-Marie Baisden BMI Research Head of Autos Analysis Agenda Global macro and autos outlook Key trends driving global autos sector Turkey autos outlook Turkey s part in global

More information

Driving Value in an Inflated Market. June 24, 2015

Driving Value in an Inflated Market. June 24, 2015 Driving Value in an Inflated Market June 24, 2015 Group 1 Automotive Ticker: GPI Stock Price: $82.53 * Group 1 owns and operates auto dealerships Third largest dealership group in the U.S. retailing 275,000

More information

European Scrapping Programs: Good or Bad? Sascha Heiden Senior Market Analyst Automotive Analysis and Forecasting

European Scrapping Programs: Good or Bad? Sascha Heiden Senior Market Analyst Automotive Analysis and Forecasting European Scrapping Programs: Good or Bad? Sascha Heiden Senior Market Analyst Automotive Analysis and Forecasting The Spread of Government Car Purchase Incentive Schemes Many European Governments have

More information

Mobility2030. Mukarram Bhaiji Director, Global Strategy Group KPMG in the UK. 26 September Mobility [ ] #Mobility2030

Mobility2030. Mukarram Bhaiji Director, Global Strategy Group KPMG in the UK. 26 September Mobility [ ] #Mobility2030 Mobility2030 Mukarram Bhaiji Director, Global Strategy Group KPMG in the UK 26 September 2017 Three main disruptive forces will fundamentally transform how people and things move in the future Electric

More information

THE ELECTRIC VEHICLE REVOLUTION AND ITS IMPACT ON PEAK OIL DEMAND

THE ELECTRIC VEHICLE REVOLUTION AND ITS IMPACT ON PEAK OIL DEMAND THE ELECTRIC VEHICLE REVOLUTION AND ITS IMPACT ON PEAK OIL DEMAND INDONESIAN GAS SOCIETY JAKARTA 20 TH NOVEMBER JUNE 2016 - SELECTED SLIDES JON FREDRIK MÜLLER PARTNER HEAD OF CONSULTING ASIA-PACIFIC When

More information

Operational Leasing in Russia Datamonitor Jugoslav Stojanov, Senior Analyst, Automotive, Datamonitor plc

Operational Leasing in Russia Datamonitor Jugoslav Stojanov, Senior Analyst, Automotive, Datamonitor plc 1 Emerging Markets in the European Fleet Arena: Template last updated 21.04.05 Operational Leasing in Russia Jugoslav Stojanov, Senior Analyst, Automotive, Datamonitor plc 2 Operational Leasing in Russia

More information

A Transformational Approach to Energy Supply. September 2016 Gail Scholes, Jo Gilbert

A Transformational Approach to Energy Supply. September 2016 Gail Scholes, Jo Gilbert A Transformational Approach to Energy Supply September 2016 Gail Scholes, Jo Gilbert About Robin Hood Energy The UK s first Local Authority-owned fully licensed gas and electricity supplier. Bourne from

More information

TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY INTRODUCTION... 3 What is this report about?... 3

TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY INTRODUCTION... 3 What is this report about?... 3 TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1 1.0 INTRODUCTION... 3 What is this report about?... 3 The focus of the report is on financial services related to the sale of passenger cars to individuals......

More information

Intelligent Mobility for Smart Cities

Intelligent Mobility for Smart Cities Intelligent Mobility for Smart Cities A/Prof Hussein Dia Centre for Sustainable Infrastructure CRICOS Provider 00111D @HusseinDia Outline Explore the complexity of urban mobility and how the convergence

More information

Automotive Industry Review Dennis DesRosiers March 8, 2011

Automotive Industry Review Dennis DesRosiers March 8, 2011 Automotive Industry Review Dennis DesRosiers March 8, 2011 1 Forecasting the North American Market requires two separate Analysis First, is to calculate structural demand or as some may call it Long Term

More information

Innovation in Transport. Mike Waters

Innovation in Transport. Mike Waters Innovation in Transport Mike Waters West Midlands as the home of mobility Accomodating growth Our population is forecast to grow by 444,000 people by 2035 Housing Deal: 215,000 homes by 2030/31 100m Land

More information

Automotive Market: Where Do We Go From Here?

Automotive Market: Where Do We Go From Here? Automotive Market: Where Do We Go From Here? June, 3 rd 211 Federal Reserve Bank of Chicago Eighteenth Annual Automotive Outlook Symposium Jeff Schuster Executive Director, Forecasting and Analysis jeff.schuster@jdpa.com

More information

Indian PV Product and Market Analysis ACG. All rights reserved

Indian PV Product and Market Analysis ACG. All rights reserved Our Global Clients (East Africa) India will be second largest Car Market by 23 Germany USA Largest EV Car market, 4% market share in 216 Japan Indian and China are having around 4% market share in Global

More information

Motorcycles. Overview of Operations

Motorcycles. Overview of Operations Overview of Operations Operating Performance Motorcycles Motorcycle sales rose 88.9 billion in 2010, or 10.9, from 2009 to 906.0 billion, and accounted for 70.0 of net sales. Operating income grew 46.9

More information

Unlawful distribution of this report is prohibited. IFCHOR Group Research

Unlawful distribution of this report is prohibited. IFCHOR Group Research Unlawful distribution of this report is prohibited IFCHOR Group Research Marine Money Geneva Forum - 29 th June 2016 DRY BULK SUPPLY OVERVIEW Capacity Surplus... Yearly net fleet change..... FUNDAMENTALS

More information

The US Auto Dealership Market: Size, Trends &Forecasts ( ) September 2018

The US Auto Dealership Market: Size, Trends &Forecasts ( ) September 2018 The US Auto Dealership Market: Size, Trends &Forecasts (2018-2022) September 2018 The US Auto Dealership Market: Coverage Executive Summary and Scope Introduction/Market Overview The US Market Analysis

More information

Used Vehicle Supply: Future Outlook and the Impact on Used Vehicle Prices

Used Vehicle Supply: Future Outlook and the Impact on Used Vehicle Prices Used Vehicle Supply: Future Outlook and the Impact on Used Vehicle Prices AT A GLANCE When to expect an increase in used supply Recent trends in new vehicle sales Changes in used supply by vehicle segment

More information

TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1

TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1 TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY... 1 New car sales rose by a compound annual rate of more than 10% between 2009 and 2013...... 2...with the fastest growth rates recorded in Indonesia and Thailand...

More information

How Old Cars And New Solutions Will Impact Our Industry

How Old Cars And New Solutions Will Impact Our Industry How Old Cars And New Solutions Will Impact Our Industry New Car Market Trends Watch the Used Car Market Tariffs and Other Concerns The Evolution of Mobility 1 2018 MID-YEAR REVIEW TRANSFORMING THE WAY

More information

Q Sales and Revenues. April 22, 2009

Q Sales and Revenues. April 22, 2009 1 Q1 2009 Sales and Revenues 1 April 22, 2009 KEY HIGHLIGHTS Q1 revenues drop 24.9% in line with markets and inventory reduction policy Substantial decrease in inventories (-21.4% vs Q1-08 ) Market share

More information

Drivy How does our service impact cities across Europe?

Drivy How does our service impact cities across Europe? Drivy How does our service impact cities across Europe? Should privately owned cars become a thing of the past? Cities and cars in Europe: state of play 291 million Number of private vehicles in Europe

More information

Key results quarter

Key results quarter Quarter 3, 2017 Key results quarter 3 2017 BVRLA business fleet leasing sector including contract hire and finance lease for both cars and vans is 1,338,000, 1% down on the previous quarter. Total car

More information

northeast group, llc Southeast Asia Smart Grid: Market Forecast ( ) Volume II October group.com

northeast group, llc Southeast Asia Smart Grid: Market Forecast ( ) Volume II October group.com northeast group, llc Southeast Asia Smart Grid: Market Forecast (2014 2024) Volume II October 2014 www.northeast- group.com Southeast Asia Smart Grid: Market Forecast (2014-2024) Southeast Asia is a growing

More information

Second quarter AB Volvo

Second quarter AB Volvo 1 VOLVO GROUP Strengthened focus on core business divests Volvo Aero Enterprise value of SEK 6.9 billion. Completion expected during the third quarter of 2012. acquires shares in Deutz AG Largest shareholder

More information

Shared Transport experience from the UK

Shared Transport experience from the UK experience from the UK Matthew Clark Tuesday 9 th August 2016 - context Technology and social change has enabled significant changes in transport Smartphone penetration In 2016 Colombia has 19 million

More information

Electric Mobility in Africa Opportunities and Challenges. African Clean Mobility Week, Nairobi/Kenya, March

Electric Mobility in Africa Opportunities and Challenges. African Clean Mobility Week, Nairobi/Kenya, March Electric Mobility in Africa Opportunities and Challenges African Clean Mobility Week, Nairobi/Kenya, March 13 2018 alexander.koerner@un.org Content Setting the scene Opportunities and challenges for electric

More information

Strong growth outlook. Leif Östling, President and CEO

Strong growth outlook. Leif Östling, President and CEO Strong growth outlook Leif Östling, President and CEO 1 Disclaimer 2 This presentation contains forward-looking statements that reflect management's current views with respect to certain future events

More information

Michigan Public Service Commission Electric Vehicle Pilot Discussion

Michigan Public Service Commission Electric Vehicle Pilot Discussion Michigan Public Service Commission Electric Vehicle Pilot Discussion Brett Smith Assistant Director, Manufacturing & Engineering Technology Valerie Sathe Brugeman Senior Project Manager, Transportation

More information

RVI RISK OUTLOOK RVI G R O U P. Forecast at a Glance. Our Experience is Your Assurance

RVI RISK OUTLOOK RVI G R O U P. Forecast at a Glance. Our Experience is Your Assurance RVI G R O U P Our Experience is Your Assurance RVI RISK OUTLOOK Quarterly Analysis of Key Issues and Trends in Consumer Leasing December 2017 Forecast at a Glance Key economic indicators signal that the

More information

I remind you that our presentation is available on our website. We can start from the first 2 slides that show Piaggio Group First

I remind you that our presentation is available on our website. We can start from the first 2 slides that show Piaggio Group First CONFERENCE CALL 2009 1 st HALF RESULTS Good afternoon and welcome to everybody. I remind you that our presentation is available on our website. We can start from the first 2 slides that show Piaggio Group

More information

Central and Eastern Europe and the Financial Crisis: The Impact on the Banking Sector and the Leasing Market

Central and Eastern Europe and the Financial Crisis: The Impact on the Banking Sector and the Leasing Market Central and Eastern Europe and the Financial Crisis: The Impact on the Banking Sector and the Leasing Market Rainer Münz Erste Group Bank, Research & Development LEASEUROPE CESEE Seminar-2010, Budapest,

More information

Industry Conference 2013

Industry Conference 2013 Sponsored by Industry Conference 2013 Supported by 5 December Promoting responsible transport www.bvrla.co.uk Industry Conference 2013 Break-out session A Residual Value and Remarketing Facilitator: Jim

More information

1. Thank you for the opportunity to comment on the Low Emissions Economy Issues Paper ( Issues Paper ).

1. Thank you for the opportunity to comment on the Low Emissions Economy Issues Paper ( Issues Paper ). 20 September 2017 Low-emissions economy inquiry New Zealand Productivity Commission PO Box 8036 The Terrace Wellington 6143 info@productivity.govt.nz Dear Commission members, Re: Orion submission on Low

More information

MARKET UPDATE & ECONOMIC OUTLOOK

MARKET UPDATE & ECONOMIC OUTLOOK MARKET UPDATE & ECONOMIC OUTLOOK Economic Expansion Accelerates For the Moment Growth surged in Q2 from average 2.1% pace over prior 14 quarters; best quarter since 2014 10.0 Real Gross Domestic Product

More information

HONDA CANADA FINANCE INC. AUTO FINANCE FORUM February 15, ACCORD

HONDA CANADA FINANCE INC. AUTO FINANCE FORUM February 15, ACCORD HONDA CANADA FINANCE INC. AUTO FINANCE FORUM February 15, 2018 2018 ACCORD 1 Caution with Respect to Forward-Looking Statements: These slides contain forward-looking statements within the meaning of the

More information

Driving growth through roadblocks: A look at Russia s automotive finance market. October 2014

Driving growth through roadblocks: A look at Russia s automotive finance market. October 2014 Driving growth through roadblocks: A look at Russia s automotive finance market October 2014 Foreword William Andrew King Russia Automotive Leader, EY Jens Diehlmann Global Automotive Finance Leader, EY

More information

Lead in China: Now and in the Future

Lead in China: Now and in the Future Lead in China: Now and in the Future Claire Hassall CHR Metals 6 th World Lead Conference Sofia, March 27 th 2014 Key drivers of Chinese lead demand Almost 50% of global lead consumption is now in China

More information

PwC Autofacts. The Transformation of the Automotive Value Chain.

PwC Autofacts. The Transformation of the Automotive Value Chain. www.pwc.de The Transformation of the Automotive Value Chain Research results on how the automotive transformation will impact value add October 18 DON T PANIC: The automotive transformation will bring

More information

Safety and Green Vehicle Performance Rating

Safety and Green Vehicle Performance Rating Safety and Green Vehicle Performance Rating presentation by David Ward Secretary General Global New Car Assessment Programme 2014 Fleet Forum Budapest 3 rd April 2014 Changing Geography of Vehicle Use

More information

Implementing Transport Demand Management Measures

Implementing Transport Demand Management Measures Implementing Transport Demand Management Measures Dominik Schmid, GIZ Transport Policy Advisory Services Urban Mobility India Conference, Delhi, December 2013 Page 1 Agenda Context: Why Transport Demand

More information

Selected insights into road transport trends Ian Kershaw Managing Director, Ricardo Strategic Consulting

Selected insights into road transport trends Ian Kershaw Managing Director, Ricardo Strategic Consulting Ricardo plc 2017 Selected insights into road transport trends Ian Kershaw Managing Director, Ricardo Strategic Consulting Seventh IEA IEF OPEC Symposium on Energy Outlooks IEF Secretariat, Riyadh, Saudi

More information

JM FAMILY OVERVIEW. JM Family Enterprises. Southeast Toyota Distributors Established: World Omni Financial Corp.

JM FAMILY OVERVIEW. JM Family Enterprises. Southeast Toyota Distributors Established: World Omni Financial Corp. COMPANY OVERVIEW JM FAMILY OVERVIEW JM Family Enterprises JM Family Enterprises, Inc. is a leader in the automotive industry. JM Family s primary focus includes vehicle distribution and retail vehicle

More information

Automotive financial services in Germany Motor Finance Summit Europe

Automotive financial services in Germany Motor Finance Summit Europe Automotive financial services in Germany Motor Finance Summit Europe Munich, 23rd April 2015 Agenda 1. Overview: The German auto finance & leasing market 2. Relevance of captive financial services......

More information

Bernstein Strategic Decisions Conference 2018

Bernstein Strategic Decisions Conference 2018 Bernstein Strategic Decisions Conference 2018 Forward-Looking Statements Certain statements in this presentation, other than statements of historical fact, including estimates, projections, statements

More information

Policy considerations for reducing fuel use from passenger vehicles,

Policy considerations for reducing fuel use from passenger vehicles, Policy considerations for reducing fuel use from passenger vehicles, 2025-2035 NRC Phase 3 Project Scope CAVs: Assess how shifts in personal transportation and vehicle ownership models might evolve out

More information

Aging of the light vehicle fleet May 2011

Aging of the light vehicle fleet May 2011 Aging of the light vehicle fleet May 211 1 The Scope At an average age of 12.7 years in 21, New Zealand has one of the oldest light vehicle fleets in the developed world. This report looks at some of the

More information

CNG as a Transport Fuel - Economic Benefits 17 th November 2011

CNG as a Transport Fuel - Economic Benefits 17 th November 2011 CNG as a Transport Fuel - Economic Benefits 17 th November 2011 6 Grand Canal Wharf, South Dock Road, Ringsend, Dublin 4, Ireland. Tel: +353 1 6670372 Fax: +353 1 6144499 Web: www.dkm.ie Our scope of work

More information

In Rust We Trust: Commercial Vehicle Demand Drivers and Forecast Update

In Rust We Trust: Commercial Vehicle Demand Drivers and Forecast Update In Rust We Trust: Commercial Vehicle Demand Drivers and Forecast Update Kenny Vieth ACT RESEARCH Co., LLC Federal Reserve Bank of Chicago Automotive Outlook Symposium June 5, 2009 Overview Underlying Economics

More information

Deutschland: Asiens Ingenieur, Europas Motor, Garant des Euro?

Deutschland: Asiens Ingenieur, Europas Motor, Garant des Euro? Frankfurt/M., 2. Februar Deutschland: Asiens Ingenieur, Europas Motor, Garant des Euro? Dr. Stefan Kooths ing Center GDP: Slower pace ahead 114 2=1 QoQ annualized growth rate Level (chain index) 15 1 112

More information

Volvo Group THIRD QUARTER 2015 JAN GURANDER. Volvo Group Headquarters Third quarter

Volvo Group THIRD QUARTER 2015 JAN GURANDER. Volvo Group Headquarters Third quarter Volvo Group THIRD QUARTER 2015 JAN GURANDER 1 VOLVO GROUP Third quarter highlights NET SALES SEK bn 12 months 310 bn IMPROVED PROFITABILITY ON FLAT VOLUMES UNDERLYING OPERATING MARGIN 6.9% 67 73 OPERATING

More information

Lasting Longer: How Better Quality Is Affecting Used Vehicle Demand

Lasting Longer: How Better Quality Is Affecting Used Vehicle Demand Q3 2015 Lasting Longer: How Better Quality Is Affecting Used Vehicle Demand AT A GLANCE Improvements in vehicle dependability and durability Shifting consumer preferences for new and used vehicles The

More information

National Health Expenditure Projections

National Health Expenditure Projections National Health Expenditure Projections 2009-2019 Forecast Summary In 2009, NHE is projected to have reached $2.5 trillion and grown 5.7 percent, up from 4.4 percent in 2008, while the overall economy,

More information

The U.S. Car Wash Equipment Market: Size, Trends and Forecasts ( ) September 2016

The U.S. Car Wash Equipment Market: Size, Trends and Forecasts ( ) September 2016 The U.S. Car Wash Equipment Market: Size, Trends and Forecasts (2016-2020) September 2016 The U.S. Car Wash Equipment Market Report Scope of the Report The report titled The U.S. Car Wash Equipment Market:

More information

Aviva in Spain also-ran to market-leader in four years

Aviva in Spain also-ran to market-leader in four years Goldman Sachs European Financials Conference Navigating the Sea of Change" 8 June 2005 Aviva in Spain also-ran to market-leader in four years Philip Scott, Group Executive Director, Life International

More information

northeast group, llc Eurasia Smart Grid: Market Forecast ( ) September group.com

northeast group, llc Eurasia Smart Grid: Market Forecast ( ) September group.com northeast group, llc Eurasia Smart Grid: Market Forecast (2014 2024) September 2014 www.northeast- group.com Eurasia Smart Grid: Market Forecast (2014-2024) The Eurasia region has several drivers for smart

More information

Financing and roadmap for roll-out of clean inland ship technologies

Financing and roadmap for roll-out of clean inland ship technologies Financing and roadmap for roll-out of clean inland ship technologies Friday 13th of April, Nijmegen Funded by: Martin Quispel, partner STC-NESTRA Contents Urgency to green the inland vessel fleet Costs

More information

BMW Group Investor Relations.

BMW Group Investor Relations. Capital Markets Day China 2010 Beijing September 16, 2010 - Please check against delivery - Statement by Dr. Friedrich Eichiner Member of the Board of Management of BMW AG, Finance Capital Markets Day

More information

The Future of Roads. Collaborating for Industry Solutions in the Built Environment (CISBE) Symposium

The Future of Roads. Collaborating for Industry Solutions in the Built Environment (CISBE) Symposium Collaborating for Industry Solutions in the Built Environment (CISBE) Symposium Outline Changing Landscape The Opportunities The Future Research Direction Images Credit: Adobe Stock The changing landscape

More information

ENG Vehicle Remarketing Summit Eric Lacouture, 24 th January 2017, Berlin

ENG Vehicle Remarketing Summit Eric Lacouture, 24 th January 2017, Berlin ENG Vehicle Remarketing Summit Eric Lacouture, 24 th January 2017, Berlin A SAFE WORLD THE GLOBAL PARTNER PROVIDING PERFORMANCE FOR THE AUTOMOTIVE DISTRIBUTION CHAIN. Slide 1 DEKRA Automotive Solutions

More information

Drive Market Share Gains - Automotive Industry Insights: Q4, 2010

Drive Market Share Gains - Automotive Industry Insights: Q4, 2010 Drive Market Share Gains - Automotive Industry Insights: Q4, 2010 Jeffrey Anderson, Director of Consulting & Analytics 2011 Experian Information Solutions, Inc. All rights reserved. Experian and the marks

More information

STAYING ON COURSE. Presented to: Harley Davidson. Presented by: Global Consulting Paola Sunye Gustavos Armenteros Rico Heuchel Nataraajan Arurolie

STAYING ON COURSE. Presented to: Harley Davidson. Presented by: Global Consulting Paola Sunye Gustavos Armenteros Rico Heuchel Nataraajan Arurolie STAYING ON COURSE Presented to: Harley Davidson Presented by: Global Consulting Paola Sunye Gustavos Armenteros Rico Heuchel Nataraajan Arurolie Challenge Recommendation Analysis AGENDA Alternatives Implementation

More information

northeast group, llc Southeast Asia Smart Grid: Market Forecast ( ) Volume III March 2016

northeast group, llc Southeast Asia Smart Grid: Market Forecast ( ) Volume III March 2016 northeast group, llc Southeast Asia Smart Grid: Market Forecast (2016 2026) Volume III March 2016 www.northeast-group.com Southeast Asia Smart Grid: Market Forecast (2016 2026) Southeast Asia is a growing

More information

BLUE BOOKJUNE. Market Report. Automotive Insights from Kelley Blue Book. Joanna Pinkham Senior Public Relations Manager

BLUE BOOKJUNE. Market Report. Automotive Insights from Kelley Blue Book. Joanna Pinkham Senior Public Relations Manager BLUE BOOKJUNE 213 Market Report Automotive Insights from Kelley Blue Book NEW CAR EDITION Kelley Blue Book Public Relations Contacts: Chintan Talati Senior Director, Public Relations 949.267.4855 ctalati@kbb.com

More information

The Kia Approved Used Car Programme / Dealer Profitability. European Networking Group, January 24th, 2017

The Kia Approved Used Car Programme / Dealer Profitability. European Networking Group, January 24th, 2017 The Kia Approved Used Car Programme / Dealer Profitability European Networking Group, January 24th, 2017 Snapshot of the UK Car Market Annual new car sales 1.9-2.6m Used car sales 6.2 7.7m Annual new car

More information

NASEO 2015 Central Regional Meeting. Vision Fleet June 12, 2015

NASEO 2015 Central Regional Meeting. Vision Fleet June 12, 2015 NASEO 2015 Central Regional Meeting Vision Fleet June 12, 2015 Agenda Vision Fleet Overview Indy Project Overview Analytics to Improve Performance 1 Vision Fleet at a Glance Our Mission & Value: Enable

More information

USAID Distributed PV Building Blocks

USAID Distributed PV Building Blocks USAID Distributed PV Building Blocks Grid-Connected Distributed PV: Compensation Mechanism Basics Presented by Naïm Darghouth, PhD Lawrence Berkeley National Laboratory May 10 2018 USAID Distributed PV

More information

LINAMAR Success in a Rapidly Changing Automotive Industry

LINAMAR Success in a Rapidly Changing Automotive Industry LINAMAR Success in a Rapidly Changing Automotive Industry Linda Hasenfratz Chief Executive Officer January 2019 Linamar Diversified Global Manufacturing Diversified Manufactured Products that Power Vehicles,

More information

Solar Home System (SHS):

Solar Home System (SHS): Asia Solar Energy Forum 2017 Solar Home System (SHS): Bangladesh Success Case Presented by: Prof. Syed Munir Khasru Chairman The Institute for Policy, Advocacy, and Governance (IPAG) June 5, 2017 SHS

More information

Energy Innovation Emporium. Transport. Chair: Prof. John Nelson, Centre for Transport Research University of Aberdeen

Energy Innovation Emporium. Transport. Chair: Prof. John Nelson, Centre for Transport Research University of Aberdeen Energy Innovation Emporium Transport Chair: Prof. John Nelson, Centre for Transport Research University of Aberdeen 1145-1315, Wednesday 31 st May 2017 TIC, University of Strathclyde, Glasgow The Panel

More information

#Q3_2018. Orange financial results. Ramon Fernandez Deputy CEO, Finance, Performance and Europe. 25 October 2018

#Q3_2018. Orange financial results. Ramon Fernandez Deputy CEO, Finance, Performance and Europe. 25 October 2018 #Q3_20 Orange financial results Ramon Fernandez Deputy CEO, Finance, Performance and Europe 25 October 20 Disclaimer This presentation may contain forward-looking statements about Orange, particularly

More information

NA Heavy Class 8: Signs of Cooling in an Overheated Market?

NA Heavy Class 8: Signs of Cooling in an Overheated Market? NA Heavy Class 8: Signs of Cooling in an Overheated Market? Kenny Vieth ACT Research Co. JOC Inland Distribution Conference October 6-8, 2015 Class 8 Market Conditions Positive alignment of HD demand drivers

More information

PT Astra International Tbk 2009 Full Year Financial Statements

PT Astra International Tbk 2009 Full Year Financial Statements To: Business Editor For immediate release PT Astra International Tbk 2009 Full Year Financial Statements The following announcement was issued today by the Company s 69%-owned subsidiary, Jardine Cycle

More information

International Economic Outlook Impact on Global Shipping. International Propeller Club Convention Tampa, FL

International Economic Outlook Impact on Global Shipping. International Propeller Club Convention Tampa, FL International Economic Outlook Impact on Global Shipping International Propeller Club Convention Tampa, FL Captain John W. Murray October 7, 2010 Hapag-Lloyd The Company Headquarters in Hamburg, Germany

More information

Global Automotive Outlook

Global Automotive Outlook Global Automotive Outlook The Race for Sales, Electric Cars, Profitability and Innovation Marco Hauschel Nathan Carlesimo Maxime Lemerle Economic Research September 2017 Update After a healthy recovery

More information

Activity-Travel Behavior Impacts of Driverless Cars

Activity-Travel Behavior Impacts of Driverless Cars January 12-16, 2014; Washington, D.C. 93 rd Annual Meeting of the Transportation Research Board Activity-Travel Behavior Impacts of Driverless Cars Ram M. Pendyala 1 and Chandra R. Bhat 2 1 School of Sustainable

More information

2020? Lars Robert Pedersen. Deputy Secretary General. EGCSA Conference London 22 May 2017

2020? Lars Robert Pedersen. Deputy Secretary General. EGCSA Conference London 22 May 2017 2020? Lars Robert Pedersen. Deputy Secretary General EGCSA Conference London 22 May 2017 Our vision To be the chosen partner trusted to provide leadership to the global shipping industry. Our mission To

More information

Report on Toyota North America

Report on Toyota North America Toyota North America Report on Toyota North America [Type the document subtitle] Author Name 13 Contents Introduction... 3 Production and Sales: 2011-2012... 4 Toyota Foreign Direct Investment... 6 Toyota

More information

VEHICLE SALES AND RECESSIONS

VEHICLE SALES AND RECESSIONS TOM LOVELESS Vice President Sales Kia Motors America 1 VEHICLE SALES AND RECESSIONS The volume decline over the last several years is the largest in history. Where do we go from here? 20,000,000 18,000,000

More information

Prospects for the Russian automotive market. Stanley Root Partner. 20 January 2010

Prospects for the Russian automotive market. Stanley Root Partner. 20 January 2010 Prospects for the Russian automotive market Stanley Root Partner Content 1. Market overview 2. Auto dealers 3. Short-term market perspectives, development scenarios 4. Conclusion Market overview 2009 results

More information

AUTOMOTIVE OUTLOOK. Global economy a two-speed recovery

AUTOMOTIVE OUTLOOK. Global economy a two-speed recovery AUTOMOTIVE OUTLOOK Sue Yingzi Su Senior Economist 24 th Economic Outlook Symposium Federal Reserve Bank of Chicago December 3, 21 Global economy a two-speed recovery Index xed Real GDP (2=1) 15 13 11 Real

More information

Travel and Tourism in Malaysia to 2017

Travel and Tourism in Malaysia to 2017 Published on Market Research Reports Inc. (https://www.marketresearchreports.com) Home > Travel and Tourism in Malaysia to 2017 Travel and Tourism in Malaysia to 2017 Publication ID: TMC0513014 Publication

More information

Sulphur Market Outlook

Sulphur Market Outlook Sulphur Market Outlook The Outlook for the future Supply and Balance of the Global Sulphur Market Joanne Peacock, CRU International/BSC Creon Moscow December 2009 LONDON RALEIGH WASHINGTON MINNEAPOLIS

More information

Accelerating electric vehicle deployment and support policies

Accelerating electric vehicle deployment and support policies Global Climate Action Agenda: Transport Action Event COP 22, Marrakech, Morocco 12 November 2016 Accelerating electric vehicle deployment and support policies Kamel Ben Naceur Director Directorate of Sustainability,

More information

Jaguar Land Rover Results For the quarter ended 30 June August 2015

Jaguar Land Rover Results For the quarter ended 30 June August 2015 Jaguar Land Rover Results For the quarter ended 30 June 2015 7 August 2015 1 Disclaimer Statements in this presentation describing the objectives, projections, estimates and expectations of Jaguar Land

More information

The Changing Structure of The Global Construction Equipment Industry

The Changing Structure of The Global Construction Equipment Industry The Changing Structure of The Global Construction Equipment Industry Frankfurt: January 2013 WHO WE ARE A Management Consultancy that specialises in the research and analysis of international construction

More information

H LEASE MARKET REPORT

H LEASE MARKET REPORT H1 2016 LEASE MARKET REPORT 2016 All Rights Reserved Record Lease Volume in H1 2.2M 1.6M 1.8M 1.9M 1.1M 1.2M Executive Summary H1 2011 H1 2012 H1 2013 H1 2014 H1 2015 H1 2016 Key Takeaways. Lease Volume

More information

Vehicle Remarketing Industry Dynamics

Vehicle Remarketing Industry Dynamics Vehicle Remarketing Industry Dynamics 6 Ownership changes during "the vehicle life cycle" are often expedited via the vehicle remarketing industry, which includes wholesale used vehicle and salvage auctions

More information

Company. Jonathan Smoke Remarketing Big Picture 2017 and Beyond

Company. Jonathan Smoke Remarketing Big Picture 2017 and Beyond Company Jonathan Smoke Remarketing Big Picture 2017 and Beyond Economic Expansion Continues 10.00 REAL GROSS DOMESTIC PRODUCT (SAAR) % GROWTH BY QUARTER 8.00 6.00 4.00 3.1 2.00 0.00-2.00-4.00-6.00-8.00-10.00

More information

Fast Developing Car Trade

Fast Developing Car Trade KESKO CMD 2018 Fast Developing Car Trade Johan Friman, President, Car Trade 1 Car Trade Business in Brief Operating the Volkswagen Group s business in Finland: Audi, Volkswagen, SEAT, Porsche and MAN Net

More information

ORAL TESTIMONY OF PETER K. WELCH, PRESIDENT NATIONAL AUTOMOBILE DEALERS ASSOCIATION. before the. U.S. Department of Commerce.

ORAL TESTIMONY OF PETER K. WELCH, PRESIDENT NATIONAL AUTOMOBILE DEALERS ASSOCIATION. before the. U.S. Department of Commerce. ORAL TESTIMONY OF PETER K. WELCH, PRESIDENT NATIONAL AUTOMOBILE DEALERS ASSOCIATION before the U.S. Department of Commerce on the Section 232 National Security Investigation of Imports of Automobiles,

More information

Q SALES Strong outperformance in all regions. April 20, 2018

Q SALES Strong outperformance in all regions. April 20, 2018 Q1 2018 SALES Strong outperformance in all regions April 20, 2018 Q1 2018 Sales - Key Facts Impact from IFRS15 implementation In 2017, Faurecia had already partly anticipated IFRS15 through the presentation

More information

SOLLERS IFRS RESULTS

SOLLERS IFRS RESULTS SOLLERS IFRS RESULTS 2017 03.05.2018 2 1. 2017 SOLLERS STRATEGIC DEVELOPMENTS 2. RUSSIAN AUTOMOTIVE MARKET OVERVIEW 3. SOLLERS OPERATING AND FINANCIAL PERFORMANCE IN 2017 4. SOLLERS JOINT VENTURES RESULTS

More information

Glass s Monthly Car Market Report June 2018

Glass s Monthly Car Market Report June 2018 Glass s Monthly Car Market Report June 2018 Contents Foreword 3 New Car Market Overview 4 News analysis the trouble with WLTP 5 New car market seasonally adjusted annual rate (SAAR) analysis 7 Live Retail

More information

2019 CAR BUYER JOURNEY APRIL 2019

2019 CAR BUYER JOURNEY APRIL 2019 2019 CAR BUYER JOURNEY APRIL 2019 CAR BUYER JOURNEY RESEARCH BACKGROUND Cox Automotive has been researching the car buying journey for nearly 10 years to monitor key changes in consumer buying behaviors.

More information

Automotive Industry. Slovakia. EHSK Analysts team Peter Kellich and Andrej Krokoš. April 2017

Automotive Industry. Slovakia. EHSK Analysts team Peter Kellich and Andrej Krokoš. April 2017 Automotive Industry Slovakia EHSK Analysts team Peter Kellich and Andrej Krokoš April 2017 Overview: Automotive industry in Slovakia key facts Demand context and actual situation Trade-restrictions-related

More information

Our transition to Distribution System Operator Future Smart. 14 September 2017

Our transition to Distribution System Operator Future Smart. 14 September 2017 Our transition to Distribution System Operator Future Smart 14 September 2017 Objectives for today s session 1. Provide an introduction to UK Power Networks and our Distribution System Operator strategy

More information