South Africa Car Market 2012-2020 Outlook provides facts, data and forecast on this market with all data by OEM, Brand, Model and segment. From the 2004 up to the 2020 All About within 130 pages and 200 charts.
Historical Market data are reported since 2004 with detail by segments, groups, brands and models from 2012 to full year 2015. The market is segmented for cars and LCVs. with a dedicated section to the premium brands segment.
Every country in the world displays some diversity, but South Africa, stretching from the hippos in the Limpopo River to the penguins waddling on the Cape, takes some beating. It befits its position at the southern end of the world’s most epic continent, with more types of terrain than photographers can shake their zoom lens at.
South Africa is a middle-income, emerging market with an abundant supply of natural resources; well-developed financial, legal, communications, energy, and transport sectors; and a stock exchange that is Africa’s largest and among the top 20 in the world.
Economic growth has decelerated in recent years, slowing to just 1.5% in 2014. Unemployment, poverty, and inequality – among the highest in the world – remain a challenge.
Official unemployment is roughly 25% of the work force, and runs significantly higher among black youth. South Africa’s economic policy has focused on controlling inflation; however, the country faces structural constraints that also limit economic growth, such as skills shortages, declining global competitiveness and frequent work stoppages due to strike action.
The current government faces growing pressure from urban constituencies to improve the delivery of basic services to low-income areas and to increase job growth.
South Africa Car Market 2012-2020 Outlook research starts from the review of the last ten years heritage in which section we have checked the rule of the automotive industry in the country reporting data on segments, brands and models. Recent sales data had been reviewed starting from 2004 with a focused analysis on the 2012-2015 data, reported for cars and LCVs.
Based on several factors that directly and indirectly influence the market, we have forecast the 2015-2020 market trend with details regarding TIV (Total Industry Volume), segments and brands. All data are presented in charts and table with an immediate and easy-to-read style that allow you to catch the essential about this market.
To know more on the product and to see the Table of Contents, please click on the picture.