Angola Autos Report Q1 2015

BMI Research
October 29, 2014
43 Pages - SKU: BMI5365566
Countries covered: Angola

Angola Autos Report Q1 2015

BMI forecasts car sales in Angola to increase 21% in 2014, predicated on our bullish outlook for privateconsumption in the country.

We expect inflation to moderate somewhat over the year, and access to credit for many Angolans toimprove, which should serve to boost car sales over the year. We expect the exchange rate to remainrelatively steady over the course of the year, which should help to stabilise the cost of imported vehiclesinto the country and further boost sales.

As with many emerging markets, the used-car segment is far more substantial than the new car market. Weexpect this to remain the case for some time in Angola, as new cars remain unaffordable for most people.

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