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BMI, therefore, forecasts a slowdown in production growth to an average of yoy between and . Quick recovery Links of London has meant that most carmakers have already begun utilising more capacity. But with fewer investments in the pipeline, we fear that our earlier forecast of an yoy growth becomes unattainable. We currently forecast total production reaching nearly , units by the end of , meaning that levels are unlikely to get anywhere nearer those in Brazil and Mexico. In the first nine months of , sales have risen an impressive yoy, to , units. Although the impact of low effects from last year's new car Links of London W Charm cannot be denied, there is a fear that much of the uptick in demand has been a result of consumers bringing forward their car purchases to hedge against inflation. High inflation has also meant that the real savings rate for consumers has turned negative, leaving little incentive for households to save. Meanwhile, there is little possibility that the government's zero km plan has bolstered the market. Although the scheme's relaunch increased the number of models eligible for cheap financing from to , consumers have reportedly not fully benefitted from the scheme, thanks its slow bureaucratic process. Links of London V Charm, the insecurity brought about by rising inflation and the unsupportive car plan further bolstered used car sales which rose to , units during the five months, up a significant . compared with the same period last year. Much of this growth came about owing to increased demand for vehicles less than four years old, which are typically around a third cheaper than new entrylevel vehicles eligible for purchase under the zero km plan. A bigger problem is that increased demand could force up the price of secondhand cars, further aggravating the inflationary forces in the economy. However, on the back of its expectations Links of London U Charm similar demand conditions for the remainder of the year, the country's Automobile Chamber of commerce CCC forecasts the used car market to reach sales of close to .mn vehicles by the end of , having more than recovered from the .mn units purchased in and the .mn cars shifted in .