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- Zimbabwe Autos Report Q3 2013
Zimbabwe Autos Report Q3 2013
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Zimbabwe remains one of the least attractive auto markets in Sub-Saharan Africa, reflecting the country's
still-difficult economic and political backdrop In fact, over the past quarter, BMI's estimates for new car
sales growth have fallen yet further, with our current forecasting calling for a total of just 6,834 new
vehicles to be sold in the country by 2017 For 2013, we are even forecasting a slight decline, of 4 3%,
leaving new vehicle sales on just 3,557 units The majority of new vehicle sales will likely be to business
customers, with average Zimbabweans unable to afford new cars
Political risk remains one of the key challenges facing automakers operating in Zimbabwe In this context,
despite a new constitution for the country having been approved in a referendum in March 2013, there
remains uncertainty as to whether fresh elections will be held by the end of June
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