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04 Dec 2018  |  Africa
The Key to a Sustainable Source of Fuel for Transport
The South African electric vehicle (EV) market is still in its infancy, but is expected to grow at a slow but steady pace over the next five years. South Africa’s automotive sector is currently ranked 23rd in terms of manufacturing and is a key player in the international automotive value chain. The EV market is currently restrained due to a vari...
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26 Oct 2018  |  Africa
Product Offerings are Constantly Evolving to Cater to the Growing Operational Leasing Market in South Africa
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...
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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...
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 ...
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 ...
08 Apr 2016  |  Africa
Backhoe Loaders, Hydraulic Excavators, and Wheel Loaders Set to Win Big
Africa has become an attractive destination for global construction and mining equipment manufacturers and holds tremendous growth potential. The unit shipment of construction and mining equipment has increased sixfold from 2003 to 2015. Rapid urbanisation and increased investment in infrastructure will accelerate demand for construction and mining...
20 Jan 2016  |  Africa
Long-Term Strategies to Help Companies Unlock Growth Potential, West and East Africa Expected to Become the Fastest-Growing Vehicle Markets
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...
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22 Jan 2015  |  Africa
Telematics Penetration to Reach 34.7% by 2021, Generating $0.4 Billion
The aim of this study is to research, analyze, and forecast the commercial vehicle telematics market in South Africa. The major focus is on market trends in services, solutions, and technologies for specific segments such as light commercial vehicles, medium commercial vehicles, and heavy and extra heavy commercial vehicles. The study highlights th...
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