Zambia Autos Report - Q4 2014

Business Monitor International
August 20, 2014
44 Pages - SKU: BMI5315735
Countries covered: Zambia

Zambia Autos Report - Q4 2014

Zambia's strong economic fundamentals, such as substantial investment inflows to the mining sector,improving productivity in the copper sector, expansionary fiscal policy and a rise in private consumption,will prove beneficial to the long-term outlook for auto sales. Despite downgrading our 2013 real GDPgrowth outlook last quarter, we maintain our overall optimistic outlook for new vehicle sales in the country.

The new car segment in Zambia, although still small, will be supported by growth in financing. This willenable new brands to access the market and widen the competitive landscape.

The growth of vehicle financing and leasing in Zambia means it is becoming possible for more new carbrands, even from higher price points, to access the market. As Nissan Motor doubles down on its efforts toincrease its presence in the country and Volkswagen (VW) arrives with a new showroom, the availability ofvarious forms of financing will support growth in the nascent new car segment, forecast by BMI to average16% over 2014-18.



More Automotive Manufacturing reports by Business Monitor International

Autos Report - United Kingdom Q4 2014 by Business Monitor International
Autos Report - United Kingdom Q4 2014BMI holds a bullish outlook for the UK passenger car market in 2014, on the back of improving consumersentiment ...
Autos Report - United Arab Emirates Q4 2014 by Business Monitor International
Autos Report - United Arab Emirates Q4 2014New car sales have seen healthy growth in the UAE during 2014 to date. H114 was sales rise ...
Autos Report - Ukraine Q4 2014 by Business Monitor International
Autos Report - Ukraine Q4 2014Passenger car sales in Ukraine dropped 47.21% y-o-y in 7M14, down to 64,506 units. Total vehicleproduction in Ukraine was reported ...
Autos Report - Turkey Q4 2014 by Business Monitor International
Autos Report - Turkey Q4 2014A sharp decline in commercial vehicle (CV) manufacturing resulted in a decline in Turkish vehicleproduction of 1% year-on-year (y-o-y) in ...
See all reports like this >>

More Zambia Automotive Manufacturing reports

Strategic Outlook of Select Sub-Saharan Commercial Vehicle Market by Frost & Sullivan
Strategic Outlook of Select Sub-Saharan Commercial Vehicle Market The Sub-Saharan African commercial vehicles study gives a strategic overview of the commercial vehicles market in twelve ...
See all reports like this >>

 

SELECT A LICENSE

    Report with 3 quarterly updates  USD 1,295  
    Report with 3 quarterly updates
3 User License
  USD 1,945  
    Report with 3 quarterly updates
5 User License
  USD 2,500  
    Report with 3 quarterly updates
Departmental/Site License
  USD 2,995  
    Global Site License Fulfilled by Publisher  USD 6,995  
 
US: 800.298.5699
Int'l: +1.240.747.3093
 

Share this report


    Other tasks

     
     
    Join Alert Me now!
    Receive bi-weekly email alerts on new market research

    Sign up today!