Consumer durables is a cataloguing of consumer goods that are not essential to be bought very often as they are fashioned in a way so as to last for an extended period of time. Profits in the consumer durables sector were most profoundly…
BMI View: Total vehicle sales will grow significantly in 2016 off the back of easing sanctions and
returning western brands. A preference for western brands will boost passenger vehicle sales as consumers
that delayed purchases under sanctions, as they waited for these brands to return to market, move to
purchase vehicles. Additionally, the booming construction industry will support commercial vehicle sales in
? Preferences for Western brands re-entering the market will drive vehicle sales.
? Ban on American vehicle manufacturers will prevent them from entering the market.
? Improved financing for infrastructure projects will support the commercial vehicle segment.
? Investment into vehicle production will facilitate investment into the component supply chain industry.