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05 Jun 2019  |  Africa
Unlocking the Continent’s Business Travel Potential
Africa's economic growth continues to extend across the continent. To many, Africa represents some of the final frontiers for industrial development. Large-scale infrastructure developments, especially in airports and roads, are having a positive effect on improving commercial linkages in Africa. There is, however, still significant space for inn...
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27 Feb 2019  |  Africa
Growth of 5.5% Expected as Right to Repair Policy and Online Retail Will Force OEMs, Dealers, and Suppliers to Re-imagine Business Models and Forge New Partnerships
This report is a synopsis of the trends and factors impacting the South African automotive aftermarket sector. It provides an economic analysis to assist the reader in understanding the economic backdrop against which the aftermarket is performing and being challenged. It is clear that the previous government?s maladministration of the economy led ...
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16 Jan 2018  |  Africa
Despite the Economic Slowdown, the Leasing Industry Witnessed a Stable Growth Rate of 10.0% In 2016
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...
28 Sep 2017  |  Africa
Trade Cooperation, Infrastructure Upgrades, and Digitalization Will Open Growth Opportunities in Kenya, Morocco, Nigeria, and South Africa
Due to economic and political uncertainties, African economies such as South Africa and Nigeria are expected to witness slow growth in 2017. On the contrary, improving economic conditions in Kenya and Morocco will support moderate growth. Despite differences in terms of economic growth prospects, high priority is placed on the development of transp...
25 May 2017  |  Africa
African Infrastructure Development is Driving Expansion and Boosting Investments in Commercial Vehicle Markets in West and East Africa
Africa’s industrial prospects have evolved over the last twenty years, as the continent entered a period of sustained growth. That growth has spurred developments in transport infrastructure and improved industrial prospects. One of these sectors is the automotive assembly and manufacturing sector. This research service covers the commercial veh...
31 Mar 2017  |  Africa
Automotive Investment Policy Review for Africa and its Impetus to OEMs
Game-changing Automotive Policy Developments in Africa Automotive Investment Policy Review for Africa and its Impetus to OEMs As Africa speeds up its efforts to industrialise, the automotive sector has attracted attention from a number of governments on the continent. With over 1 billion inhabitants and a growing consumer base, the potential ups...
27 Oct 2016  |  Africa
Luxury Cars Surge in African Automotive Markets
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 ...
06 Oct 2016  |  Africa
Kenya and Ethiopia Will Continue to Develop Local Automotive Capacity While Used Car Imports Continue to Grow
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 veh...
15 Jul 2016  |  Africa
African New Vehicle Sales Hit 2 Million Mark with Strong Growth Expected for the Future
Globally, developed automotive markets are showing slow vehicle sales growth. Meanwhile, the African automotive market is less mature, with untapped opportunities. This Heat Map analysis covers the fastest-growing new vehicle markets on the African continent. It looks at market maturation, sales growth, which models and brands of vehicles are selli...
29 Apr 2016  |  Africa
As Personal and Commercial Vehicle Sales Rise, Race to Leverage Growth Will Be a Sprint, Not Marathon
The race for East Africa’s growth markets will be more of a sprint than a marathon. Driven by a growing middle class, improving transport infrastructure, a formalising business environment, and robust inter-regional trade and construction, Kenya's automotive sector is rapidly moving along the growth curve. In 2015, Kenya recorded its highest new ...