Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / Ghana

Second-Hand Still The Major Threat To Growth

November 2011 | BMI Industry View

Despite the country's small size, Ghana's autos market has grown rapidly in recent years due to economic growth and a developing middle class. Car sales increased in 2006 when real GDP growth hit a high of 6.4% and, according to the African Development Bank, car ownership has grown 81% over the five years since.

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