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D-midsize and C-compact will be the Fastest Growing Vehicle Segments with Nearly One-third of the Market Share by 2020
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As a result of South Africa’s sluggish economy and its low GDP in 2014, which was highly sensitive to consumer demand, sales in the passenger vehicles segment fell during the first half of 2014. However, the popularity of diesel engine models has increased and the market share for new diesel light vehicles has grown noticeably. This market report provides a brief outlook of the South African Automotive Industry and analyses the different car segments to determine which will be fastest growing segment. It also highlights leading vehicle brands and discusses production by key original equipment manufacturers.
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New Product Innovation & Development January 09-11, 2017 | San Diego, Marriott La Jolla, California
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