Prospect of Automobile

Embed Size (px)

Citation preview

  • 7/28/2019 Prospect of Automobile

    1/11

    THE PRESENT SCENARIO AND THE PROSPECT OF

    AUTOMOBILES IN BANGLADESH

    Presentation by:Matiur Rahman

    President,

    Japan Bangladesh Chamber of Commerce & Industry (JBCCI)

    July 2005

  • 7/28/2019 Prospect of Automobile

    2/11

    Different brands of vehicles running in Bangladesh

    Heavy Bus: Hino, Isuzu, Mitsubishi, Volvo Tata, Ashok Leyland etc. Mini Bus :Isuzu, Hino, Swaraj- Mazda, Mitsubishi, Tata, etc.

    Microbus: Nissan, Mitsubishi, Toyota, Honda, Suzuki, etc.

    Heavy Truck: Tata, Bed Ford, Isuzu, Hindustan, Ashok Leyland

    Mini Truck: Hino, Tata, Mitsubishi, Isuzu, Toyota, etc.

    Motor Car: Toyota, Mitsubishi, Nissan, Honda, Suzuki / Maruti,Proton Saga, Dewoo, KIA, Mercedes Benz, Volvo,

    BMW, Hyundai, Ford, etc.

    SUV: Toyota, Mitsubishi, Nissan, Honda, Isuzu, Land Rover, Daihatsu,

    Suzuki, etc.

  • 7/28/2019 Prospect of Automobile

    3/11

    NUMBER OF YEAR WISE REGISTERED MOTOR VEHICLES IN BANGLADESH

    No. Type of Vehicles Before 1995 1995 1996 1997 1998 1999 2000 2001 2002 2003 Total

    1 Motor Car 51312 8714 12478 8354 5876 4986 4087 6587 6757 8588 117739

    2 Jeep/St. WagonMicrobus/Pickup

    27460 2451 2408 1459 2705 2269 1517 3068 3782 5902 53021

    3 Taxi 1908 28 59 14 103 216 580 771 2233 4348 10260

    4 Bus 27510 214 149 99 286 267 337 594 740 1230 31426

    5 Minibus 24007 1085 795 866 602 479 404 1218 2314 4329 36099

    6 Truck 27919 3787 3164 1282 2733 2018 2725 2575 2377 3147 51727

    7 Auto-ricshawAuto Tempo

    35586 14953 11984 6546 4403 2140 3135 397 5479 7469 92092

    8 Motor-Cycle 163699 11389 13977 12080 14525 16511 14614 24409 29047 41060 341311

    9 Container Carrier /Covered Van

    5872 1383 1443 1583 1248 2617 1365 2891 2148 4033 24583

    Total 365273 44004 46457 32283 32481 31503 28764 42510 54877 80106 758258

  • 7/28/2019 Prospect of Automobile

    4/11

    0

    2000

    4000

    6000

    8000

    10000

    12000

    14000

    Year-1995 Year-1996 Year-1997 Year-1998 Year-1999 Year-2000 Year-2001 Year-2002 Year-2003

    Total registered

    Reconditioned

    Year-wise Registered Motor Car in Bangladesh

  • 7/28/2019 Prospect of Automobile

    5/11

    Year-wise Taxi Registered in Bangladesh

    0

    500

    1000

    1500

    2000

    2500

    3000

    3500

    4000

    4500

    5000

    Year-1995 Year-1996 Year-1997 Year-1998 Year-1999 Year-2000 Year-2001 Year-2002 Year-2003

    Total registered

    Reconditioned

  • 7/28/2019 Prospect of Automobile

    6/11

    Year-wise Jeep/Microbus/Pickup Registered inBangladesh

    0

    1000

    2000

    3000

    4000

    5000

    6000

    7000

    Year-1995 Year-1996 Year-1997 Year-1998 Year-1999 Year-2000 Year-2001 Year-2002 Year-2003

    Total registered

    Reconditioned

  • 7/28/2019 Prospect of Automobile

    7/11

    Year-wise Minibus Registered in Bangladesh

    0

    500

    1000

    1500

    2000

    2500

    3000

    3500

    4000

    4500

    5000

    Year-1995 Year-1996 Year-1997 Year-1998 Year-1999 Year-2000 Year-2001 Year-2002 Year-2003

    Total registered

  • 7/28/2019 Prospect of Automobile

    8/11

    Bangladesh Automobile Prospect

    Demand increasing every year by 30%

    Metal road improvement remarkable

    Expansion of metal road every year

    Special attraction for Japan made vehicles

    Upper middle class increasing every year

    Ricshaw being withdrawn gradually

    Small car/sports vehicle getting popularity

    Rent-a-car getting popularity

    Reduction of tax on the new motor vehicles

    Govt. initiative to float 10,000 commercial vehicles

    Expanded and increased volume of export and import

  • 7/28/2019 Prospect of Automobile

    9/11

    Projected demand of Automobile in Bangladesh

    Vehicle 2003-04 2004-05 2005-06 2006-07

    Bus/Minibus 34,084 35,788 37,577 39,455

    Microbus 22,133 24,789 27,763 31,094

    Trucks 57,215 60,647 64,285 68,142

    Jeep 11,420 11,648 11,880 12,117

    Car 86,740 94,546 103,055 112,329

    Taxi Cab 2,724 2,887 3,060 3,243

    Source: UNCTD & WTO Report

  • 7/28/2019 Prospect of Automobile

    10/11

    Why Japanese Vehicle?

    Proved suitable for Bangladesh weather

    External & internal outfit excellent

    Price reasonable comparing service & durability

    Spare parts easy availability attracts customers

    After sale service satisfactory

    Established long time brand popularity

    Market more prospective for Japanese vehicle

    Vehicle demand increasing every year

  • 7/28/2019 Prospect of Automobile

    11/11

    ---------------------