Malawi Autos Report - Business Monitor International - Industry Reports

Malawi Autos Report

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

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Abstract:

We forecast passenger vehicle first registrations to contract -.- in ---- and this contraction is set to continue at an annual average of -.- over our --------- forecast period. The decline in sales is driven by high inflation, the depreciating Malawi Kwacha and high interest rates. ...The import tax was introduced in a bid to solve the problem of older cars increasing pollution levels in the country. However, dealers argue that by the time consumers have now finished paying for more expensive second- hand cars, they are already no longer roadworthy, which firstly defeats the purpose of a tax aimed at improving the condition of cars on the road and secondly puts more financial burden on consumers to replace their vehicle again. This will drag on passenger vehicle first registrations if consumers cannot afford this replacement cycle. ...This will drag on passenger vehicle first registrations if consumers cannot afford this replacement cycle. Vehicles below the age of eight years old are imposed with a -- excise duty,

...In contrast to passenger vehicles, we forecast commercial vehicle first registrations to grow -.- in ---- and at an annual average of -.- over our --------- forecast period. The growth in this segment is driven by low base effects and post-flooding rebuilding efforts. ...The suspension of the loans will thus limit the government s ability to spend on much needed infrastructure upgrades. Although a weak infrastructure outlook will keep the growth rate of commercial vehicles at low levels, the bus and coach segment will perform better than that of LCVs and heavy trucks, growing -.- in ---- and at an annual average of -.- over our --------- forecast period. In September ----, the IMF suspended loans of up to USD--bn to Malawi for failing to cut its wage bill and improve its revenue collection. ...Although a weak infrastructure outlook will keep the growth rate of commercial vehicles at low levels, the bus and coach segment will perform better than that of LCVs and heavy trucks, growing -.- in ---- and at an annual average of -.- over our --------- forecast period.

...� Business Monitor International Ltd Page - be tourist arrivals, which we forecast to grow -.- in ---- and at an annual average of -.- to ----. Affordability issues associated with private vehicle ownership will also increase the demand for public transport and taxi services. ...

  
Source:
Document ID
2048-9978
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. "Malawi Autos Report" Aug 06, 2016. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Malawi-Autos-Report-2026-1289>
  
APA:
Business Monitor International - Industry Reports. (2016). Malawi Autos Report Aug 06, 2016. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Malawi-Autos-Report-2026-1289>
  
US$ 1,295.00
$  £  
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