New Market Research Report: South Africa Autos Report Q1 2011

Fast Market Research recommends "South Africa Autos Report Q1 2011" from Business Monitor International, now available
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* Strike
* Motor
* Vehicle
* Car
* Manufacturers
* Workers
* Tax
* Parts
* Came
* Plants

* Transportation
* Automotive
* Shipping

* Massachusetts - US

Feb. 3, 2011 - PRLog -- The South African auto industry has continued its recovery in Q410, despite being rocked by the industrial strike and the introduction of the new CO2 emissions tax. The 9.5% month-on-month (m-o-m) decline in September was not unexpected and has not affected BMI's forecast of 16% y-o-y growth in 2010.

Vehicle sales remain on track to see the first positive growth in four years. A very strong performance in November balanced out the poor performance in September and saw an increase in private sales. Total vehicle sales for the month were 29.6% higher y-o-y in November, reaching 44,365 units.

Broken down into sections, growth was extremely promising in November with passenger car sales up 28.9% and light commercial vehicles (LCVs) seeing an increase of 28%. Medium commercial vehicle (MCV) sales were 48% higher y-o-y while sales in the heavy (HCV) and extra heavy commercial vehicle sectors rose 53% and 77.5% respectively. However, despite the results suggesting a significant increase in confidence for the auto sector, figures are being compared with a low base in 2009.

The results in November push sales for the first 11 months of 2010 up by 24.3% y-o-y, taking the total amount to 453,511 units. Passenger car sales are 29% higher. LCV sales only managed an increase of 1.3%, but this is in line with our prediction that the entire LCV sector would under-perform in 2010. Growth in the MCV division is also slower with sales up just 5%. However, HCVs saw a more promising set of results with growth of 14.3% while extra HCV sales are also up 32.4% y-o-y.

The rate cuts in November helped to offset the damage caused to the industry by the introduction of the CO2 emissions tax and the rise in sales boosted carmakers confidence in the country, leading to increased investment.

Isuzu Motors plans to increase exports into the country in 2011 and use South Africa as a stable base in which to increase operations in Africa as a whole. While General Motors Company announced that it will be building its Chevrolet Spark small car in South Africa. As a further boost to the sector and the economy in general, Mercedes-Benz plans to win a US$280.6mn contract to manufacture the new CClass model and Ford India will be exporting 7,000 new Figo models into the country by the beginning of 2011.

BMI expects the recovery in South Africa's auto sector to be slow but steady and also sustainable. We forecast total sales to reach 756,034 by 2014 and to be worth ZAR112.8bn (US$14.19bn). By the end of the forecast period, we also expect the country's exports to grow from 218,842 units in 2009 to 321,028. This is a growth in value to ZAR71.9bn (US$9.04bn) by 2014.

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Report Table of Contents:

Executive Summary
SWOT Analysis
- South Africa Auto Industry SWOT
- Political SWOT Analysis
- Economic SWOT Analysis
- Business Environment SWOT Analysis
Regional Overview
- Change Ahead For The GCC
- Trouble In South Africa And Turkey, Uncertainty In Iran
- Impact On Production
Business Environment Ratings
- Table: Middle East And Africa Business Environment Ratings
Industry Forecast Scenario
- Production and Sales
- Table: South Africa Auto - Production
- Table: South Africa Auto - Sales
- Exports
- Table: South Africa Auto - Exports/Imports
Macroeconomic Forecast Scenario
- Table: South Africa - Economic Activity
Competitive Landscape
- Commercial Vehicles
- Alternative Fuel Technologies
- Government Regulation And Policy
- Table: South Africa - Import Tariff Schedules For Passenger Cars And Light Commercial Vehicles
Company Monitor
- Regional Case Study: Nissan Motor
- Production
- Table: Nissan MEA Production Facilities
- Sales
- Table: Nissan MEA Distributors
Company Profiles
- Toyota South Africa
- FAW South Africa
- Mercedes-Benz South Africa
- MAN Truck And Bus (South Africa)
- Volkswagen South Africa (VWSA)
- General iajed Motors South Africa (GMSA)
- Nissan South Africa
- Ford Motor South Africa
Country Snapshot: South Africa Demographic Data
- Section 1: Population
- Table: Demographic Indicators, 2005-2030
- Table: Rural/Urban Breakdown, 2005-2030
- Section 2: Education And Healthcare
- Table: Education, 2002-2005
- Table: Vital Statistics, 2005-2030
- Section 3: Labour Market And Spending Power
- Table: Employment Indicators, 2001-2006
- Table: Consumer Expenditure, 2000-2012 (US$)
- Table: Average Annual Wages, 2000-2012
BMI Methodology
- How We Generate Our Forecasting Model
- Sources

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets.  BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports.  Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports.  View more research from Business Monitor International at

About Fast Market Research

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For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156.

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Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.
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Tags:Strike, Motor, Vehicle, Car, Manufacturers, Workers, Tax, Parts, Came, Plants
Industry:Transportation, Automotive, Shipping
Location:Massachusetts - United States
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