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Over the past quarter, BMI has revised up its forecasts for Tunisian new car sales over the forecast period to 2017. We now forecast a 62.8% increase in new vehicle sales over the coming years, to reach a total of 91,882 units. Growth will be evenly spread across both the passenger car and commercial vehicle segments, although passenger cars will continue to account for the lion's share of overall sales. Backing up our optimism is a fairly buoyant medium-term economic and political outlook. BMI's Country Risk team is currently projecting real GDP growth to average 4.3% over the 2013-17 period, with growing political stability following presidential and parliamentary elections, which will take place in Q413, and improvements in the eurozone economy set to underpin faster growth rates from 2014 onwa ...
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