Kenya Autos Report - Business Monitor International - Industry Reports

Kenya Autos Report

Kenya Autos Report - Business Monitor International - Industry Reports
Kenya Autos Report
Published Aug 06, 2016
29 pages — Published Aug 06, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

� Business Monitor International Ltd Page -- improving fundamentals within the domestic economy will result in an improvement in consumer sentiment. Rising incomes and GDP per capita, as infrastructure plans spill over and create inclusive growth will result in an increased demand for passenger vehicles. ...Rising incomes and GDP per capita, as infrastructure plans spill over and create inclusive growth will result in an increased demand for passenger vehicles. We forecast GDP per capita to grow -.- in ---- and at an annual average of -.- to ----, while private consumption levels will grow -.- in ---- and at an annual average of -.- over our --------- forecast period. The burgeoning consumer story supported by the rapidly growing technology and financial services sector will aid growth in the passenger vehicle market over and above our forecast period. ...The partnership, called Uber Vehicle Solutions Programme, includes a vehicle finance component that will be implemented by Sidian Bank and a vehicle-leasing programme that be offered by Zohari Leasing. The vehicle-financing programme will offer drivers who qualify for the service up to --- finance deals on vehicles that are

...We forecast total vehicle production to grow -.- in ----. The growing domestic consumer, as well as the strong demand and improving export opportunities across the EAC region, will support production over our forecast period. ...The growing domestic consumer, as well as the strong demand and improving export opportunities across the EAC region, will support production over our forecast period. A wide variety of automakers from emerging markets, including China s Sinotruck and India s Mahindra & Mahindra, are competing with - or planning to enter into competition with - established world leaders such as Toyota Motor to boost their presence in the Kenyan market, as the country s growing middle class and burgeoning construction sector represent a significant opportunity for growth. In addition, Kenya s comparatively strong infrastructure and close transport links to the rest of the EAC make the country a natural hub for autos production. ...A further positive that could attract local investment is the decision made by Tanzania in October of last year to lift its -- excise duty it levied on vehicles assembled in Kenya. The zero rating on vehicles from Kenya will not only promote trade between Kenya and Tanzania but it will also have a positive impact on the region s production and automotive sector.

...We forecast passenger vehicle first registrations to grow -.- in ---- and at an annual average of -.- over our --------- forecast period. As with most of its African peers, Kenya s vehicle fleet is comprised of mostly imported used vehicles. ...

  
Source:
Document ID
2049-0364
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Kenya Autos Report" Aug 06, 2016. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Kenya-Autos-Report-2026-1287>
  
APA:
Business Monitor International - Industry Reports. (2016). Kenya Autos Report Aug 06, 2016. New York, NY: Alacra Store. Retrieved Dec 08, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Kenya-Autos-Report-2026-1287>
  
US$ 1,295.00
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