Industry Developments
Kuwait
BMI forecasts steady growth in Kuwait's auto market over the medium term against a backdrop of solid economic growth, strong budget surplus and a continued recovery in its banking sector....
2011-11-02Ghana
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...
2011-11-01Kenya
Indian carmaker Tata Motors has announced plans to build a truck production plant in Kenya in 2012, as it looks to increase its market share in the rapidly growing truck market. By...
2011-11-01Saudi Arabia
Growth in auto sales in Saudi Arabia has recovered from the slump caused by the 2009 financial crisis. BMI forecasts that auto sales will grow by a steady 6.99% year-on-year (y-o-y)...
2011-11-01Namibia
Namibia's autos sector benefits from the country having one of the highest per capita incomes in the Southern Africa region (third, behind Botswana and South Africa), and as such it...
2011-10-28Mozambique
BMI View: Regardless of short-term risks related to slowing macroeconomic and credit growth, we continue to forecast strong average growth of 7% per annum in the Mozambican automotives...
2011-10-26Kenya
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...
2011-10-24British 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...
2011-10-19Namibia
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...
2011-10-18Audi 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


