Ethiopia Auto sales fell down a sharp 32% in the 2017 albeit the fast growing economic speed unchanged with Ethiopia still leading the African economies. Despite opening of several local plants, new vehicles prices are still too high for local income.
Ethiopia vehicles market is growing despite the 90% of annual sales are imported and used. However, the growth of local production is strong, with over 8.000 units of capacity. Chinese lead in cars and HCVs segments