The COE system has been refined to take into account feedback from the recent public consultation exercise, during which BMI too gave its own take on the possible tweaks, which could be administered to an imperfect system (see 'COE: Possible Solutions To Tweak An Imperfect System', July 23). The revision now sees Category A having an additional criterion (besides having an engine of 1,600cc and below), the engine power must also not exceed 97kW.

BMI Industry View 7

SWOT Analysis 9

SWOT 9

Political 11

Economic 12

Business Environment 13

Industry Forecast 14

      Table: November 2013 COE Results (1st Bidding) 17

      Table: Sales Of Top Ranked Brands From January-October 2013 17

      Table: Singapore Automotive Sector Registered Vehicles: Historical Data And Forecasts (CBUs) 20

Suppliers 23

Macroeconomic Forecast 28

Household Leverage Is A Risk… 29

But The Overall Picture Is More Sanguine 30

Higher Returns On External Assets Will Provide A Boost 31

Near Term Growth Prospects Muted, But Stronger Growth On The Horizon 31

      Table: Singapore - Economic Activity 33

Industry Risk/Reward Ratings 34

Asia Pacific - Risk/Reward Ratings 34

      Table: Autos Risk/Reward Ratings Asia-Pacific 37

Company Profile 38

BMW 38

Toyota 39

Company Monitor - Mazda 40

Regional Overview 44

      Table: Selected Asia Pacific Countries' Vehicle Sales, September 2013 And Full-Year 2013 (CBUs) 44

Global Industry Overview 51

Demographic Forecast 55

Demographic Outlook 55

      Table: Singapore's Population By Age Group, 1990-2020 ('000) 56

      Table: Singapore's Population By Age Group, 1990-2020 (% of total) 57

      Table: Singapore's Key Population Ratios, 1990-2020 58

      Table: Singapore's Rural And Urban Population, 1990-2020 58

Methodology 59

Industry Forecasts 59

Sector-Specific Methodology 60

Sources 60

Risk/Reward Ratings Methodology 61

      Table: Automotive Risk/Reward Ratings Indicators And Weighting Of Indicators 62

冶金工业信息标准研究院