Bosnian vehicles market started the year below expectations with year to date March figures down 12% despite the economy is projected to grow 3% this year sustained by external assistance. The leader Skoda was the only growing brand on top of the list
Bosnia new cars market down in double-digit during the Q3 2015 reducing the annual growth at a little 2%. Albeit losing sales, Volkswagen was again the market leader while the Skoda Octavia was the best-selling model.
Bosnia Herzegovina Vehicles Market in 2015 was positive thanks to a strong Q4 when sales recovered over 25% allowing a final gain of 7.%. The Skoda Octavia again market leader ahead of the booming Volkswagen Passat.
Bosnia Herzegovina Auto Industry recovers in the Q3 2014 and the annual performance is now year on year positive with a little recovery after years of falls. However there are no signs of a structural positive trend.
Bosnia Herzegovina Vehicle Market fell 2 percent in the first half 2014 keeping the stagnant trend in absence of significant economic increase. Volkswagen and Skoda are fighting for the leadership while the Octavia is the best-selling model.
Q1 2014 Bosnian Cars Market slipped 2%. Following the sharp decline posted since 2007, with seven consecutive years of falls, first quarter 2014 market performance should be considered positive, reporting just a little decline.
In 2013 the Bosnian car market posted the sixth loss in a row as consumer's demand was hit by high unemployment and negative GDP. Unfortunately new year perspectives are further negative. Skoda was leader ahead of Volkswagen.
November 2013 did not change the trend and the Bosnian car market kept to be one of the worst worldwide, with deep loss in sales in the 45th year-on-year drop in a row. Skoda successfully defended the leadership, but Volkswagen is not giving up.
Mirroring a dramatic economic environment, Bosnian car market in June dropped again, with a loss of 27.6% from year ago. First half ended with a deep decline while perspectives are almost negative. Skoda is leader of an inexistent market.
Bosnian car market sales in May were down 19%, posting the 28th year-on-year decline in a string. Skodaposted an excellent month, outpacing Volkswagen on top of the rank, both in the month and in year-to-date. Renault rose in third place.
In April, the car market in Bosnia dropped 27% maintaining a never ending losing series. Year-to-date sales fell 22.6% from last year. On top of the market, Volkswagen and Skoda are fighting for the leadership, followed by Opel.