Thursday, 7 November 2013

Zimbabwe Autos Report Q1 2014

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Zimbabwe Autos Report Q1 2014
Nov 6th 2013, 00:00

Price: $ 1295  

After a 4.3% year-on-year (y-o-y) decline in new vehicle sales in 2013, we forecast robust growth averaging 17.8% y-o-y between 2014 and 2017. Although private consumption will remain relatively robust and will be the main driver of headline real GDP growth in 2014 and in the years thereafter, the vehicles market will continue to rely on demand for businesses for much of its growth. Such is the price differential between new cars and imported used cars that private consumers will continue to be tempted to opt for imported used cars. Our view for the commercial vehicles segment played out in July 2013, when Babcock, the importer and distributor of DAF trucks in Southern Africa, delivered a total of seven DAF trucks to Mutare Bottling, the Manicaland Coca-Cola and Schweppes franchise holder in ...

Complete report details with Table of Contents and more @ http://www.marketreportsonline.com/292521.html

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