Industry Developments

Given the hard-line stance of the regime, along with the West's unwillingness to use military force, we expect economic sanctions on Iran to remain in place. However, economic sanctions... 2011-12-23

MPs in Uganda are looking to overturn the withdrawal of grants for new cars, which BMI believes would create a surge in demand for the country's nascent new vehicle segment. Finance... 2011-12-20

After three years of contraction, the automobile industry in Gabon looks poised for an impressive rebound in the form of 30% y-o-y growth in 2011. As is the case in most of its regional... 2011-12-16

General Motors East Africa (GMEA) has claimed leadership of the Kenyan new vehicle market, ahead of Japanese rival Toyota Motor and aided by the outperformance of the commercial vehicle... 2011-12-15

BMI expects new car sales in the UAE to rebound significantly in 2011, despite the industry having been impacted by central bank moves earlier this year to restrict the amount of car... 2011-12-14

General Motors Company (GM) looks set to achieve a sales record in the Middle East, largely thanks to rapid growth in the retail segment. Total sales growth for General Motors Middle... 2011-12-13

Chinese truck manufacturer Foton Motor has put its KES4bn investment project on hold as it waits to see the outcome of a tenancy dispute with its former partner Marshalls East Africa.... 2011-12-12

At the close of 2011, new car sales look like they have, for the time being, weathered the international economic crisis, which began in 2008 and appears unlikely to end in the near... 2011-12-09

Malawi is one of the least developed and most densely populated countries in the world with an economy based almost entirely on agriculture. In fact, agriculture is a source of income... 2011-12-08

The South African government may have just a year to finalise a policy to accommodate widespread usage of electric vehicles (EVs) in the country, as carmakers gear up to launch their... 2011-12-07