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As demand for premium and luxury cars increases in Africa's major automotive markets, understanding the trends, geographies, and factors impacting sales is necessary. This study investigates new luxury car sales in South Africa, Kenya, and Nigeria, with an emphasis on which luxury cars and sports utility vehicles (SUV) are selling well; why exotic ...

This market insight covers fuel and emissions standards globally with an emphasis on the adoption in African countries. The study provides an overview of emissions standards as they have developed in developed markets and the requirements of these directives. The research looks to determine if policy directives are adhered to on the ground, i.e., w...

Africa is the world’s last growth frontier. With the lowest motorisation rate in the world, there is considerable potential for growth in the automotive industry. Most of the cars on Africa's roads are imported. While governments have taken steps to regulate the import of used cars, the practice continues to persist. New and locally produced vehic...

22 Sep 2015  |  Africa  |  Market Research

Executive Analysis of Nigerian Passenger Vehicle Market

Van/Pickup Segment will have the Highest Growth Rate in the Forecast Period

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The passenger vehicle market in Nigeria has experienced significant growth in the recent years. The market is dominated by sedans and vans/pickups such as Toyota Camry and Honda Accord. Luxury cars constitute a small portion of the new vehicle sales but the segment will grow the fastest in the coming years due to increasing disposable income of Nig...

African infrastructure spend is climbing rapidly and is the driving force behind growth across the continent. The study looks at the major infrastructure projects in 10 of Africa's fastest growing countries. The scope includes rail, maritime, aviation, and road related investments. Mobility in Africa is at a nascent stage, with road and maritime in...

The study provides a strategic analysis of Egyptian logistics market covering about 12 key industries including automotive, engineering goods, cosmetics, pharmaceuticals, apparel, oil & gas, food, electronics and metals. It also provides a comprehensive analysis of the total logistics spend and its breakup by segments such as transportation, wareho...

This market insight provides a consolidated overview of the economic climate and the automotive and vehicle financing markets of Nigeria and Kenya. The study looks into trends driving sales and leasing and the associated behaviour of buyers, while discussing macroeconomic challenges related to the wider economy and banking sector. It examines new c...

Vehicle leasing is seen as a solution to the growing problems faced by companies for their mobility needs, including vehicle funding, fleet maintenance and, more importantly, residual risk handling. Businesses in the present market conditions are focused on their core products/services and would like to outsource all other support activities. Mobil...

The South African leasing market is constantly evolving as leasing companies and OEMs continue to develop products to meet the ever-changing needs of their customers. Significant growth within the operational leasing market in South Africa is expected as consumers become increasingly aware of the benefits of leasing. The market will be marked by in...