Industry Developments

Although BMI has previously commented on the effects of a weakening Kenyan shilling on the country's used car segment (see 'Weak Shilling And Low Stocks Mean Bleak Outlook For Used... 2011-10-24

British luxury car division Jaguar Land Rover (JLR), owned by India's Tata Motors, has invested US$52mn in its Sub-Saharan African operations over the last financial year, according... 2011-10-19

Namibia's total new vehicle sales rose 10.2% year-on-year (y-o-y) in September, to 1,076 units. This total was led by sales in the extra heavy commercial vehicle segment, which more... 2011-10-18

Audi Middle East is the fastest-growing premium brand in the region, according to managing director Jeff Mannering. The company is firmly on course to achieve its target of 25% growth... 2011-10-13

Saudi Arabia's National Industrial Clusters Development Program (NICDP), which aims to develop five industries, including automotives, has attracted the attention of Japanese truck... 2011-10-12

Although total vehicle sales in Kenya rose 8.8% year-on-year (y-o-y) in the first nine months of 2011, not all local distributors are capitalising on the trend. The growth in demand... 2011-10-10

Continental Tire The Americas (CTA) has announced a US$500mn investment project to set up a brand new tyre plant to supply both vehicle manufacturers and after-sales clients in Sumter... 2011-10-07

In line with BMI's view that that there is considerable potential demand for alternative-fuelled vehicles in the Gulf Cooperation Council (GCC) states, US electric vehicle (EV) producer... 2011-10-06

South Korean carmaker Kia Motors is looking to bolster its market share in Nigeria by making its models more accessible through leasing. The company's local distributor, Dana Motors,... 2011-10-05

The Zimbabwean government has agreed to give car loans to civil servants, which BMI believes will not only address the issue of public workers struggling with living costs, but also... 2011-10-04