Thursday, 14 November 2013

Sudan and South Sudan Autos Report Q1 2014

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Sudan and South Sudan Autos Report Q1 2014
Nov 13th 2013, 00:00

Price: $ 1295  

Heightened political and macroeconomic risks are the main factors behind our poor outlook for new vehicle sales market in Sudan. We maintain our bearish forecast for Sudanese new car sales at just 6,500 new car sales in 2017 - up slightly from 4,000 cars expected to be sold in 2013. On the contrary, we see significant room for optimism for the autos market in South Sudan, thanks to its huge oil reserves, expanding population, large amount of arable land and proposed integration with other East African nations. Our core view for Sudan is that economy will continue to struggle over the medium term, as high inflation, a decline in gold exports, and ongoing political risk will all take their toll. Following an estimated contraction of 6.7% in 2012, we believe that real economic growth will return to p ...

Complete report details with Table of Contents and more @

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