2014-02-10 02:50:02 - Mozambique Autos Report Q2 2014 - a new market research report on companiesandmarkets.com
BMI sees favourable conditions for growth in both passenger cars and commercial vehicles in Mozambique. Driving passenger car sales over the next five years will be a burgeoning middle class and higher levels of disposable income.
Meanwhile, the commercial vehicles (CV) segment is set to benefit from Mozambique´s infrastructure sector, which we believe holds one of the strongest growth outlooks across the Sub-Saharan Africa (SSA) region. Investment in mining and more recently gas exploration is necessitating the construction of support infrastructure, with an estimated US$30bn in projects in the pipeline. Beyond industrial demand for commercial vehicles, BMI also expects to see an uptick in demand from the urban transportation sector (ie, public buses).
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