The global pet care market is foretold to improve in the forthcoming years as matched to the preceding years and will showcase better sales in various market segments. It is estimated that the global pet care market will grow at a CAGR o…
BMI View: This quarter, we maintain our view that Morocco will be the fastest-growing North African
autos market. We have revised up our 2016 sales growth forecast to 31.2%.
? Strong consumer demand and attractive auto financing rates continue to outweigh a somewhat downbeat
short-term economic outlook for Morocco.
? Increased domestic production will also help local sales over the medium term, with PSA Groupn due to
join its rival Renault in country by 2019
? Dongfeng Yangtse's USD101.4mn investment to set up electric bus production will add high-value
manufacturing to the Moroccan autos industry and continue to boost its attractiveness as investment
destination for foreign automakers.