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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...
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...
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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...
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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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