Nigeria Autos Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Nigeria Autos Report

The Nigeria Automotives Report

The Nigeria Automotives Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end- ; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

Business Monitor International's Nigerian Automotives Report provides industry professionals and strategists, corporate analysts, auto associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the Nigerian automotives market.

Key Benefits of Report

Coverage

Executive Summary & Swot Analysis

Summary of BMI's key industry forecasts and trend analysis, and commentary on key company and industry headline events. Collection of SWOT studies on local automotives market, economy and business environment.

Regional Overview

Cross-border analysis on the structure, size and value of the automotives sector, including comparative historical data and forecasts on the region’s sales and production figures.

Business Environment Rankings

Comparative guide to the region's business environment, ranking of the regional markets by CBU Output Growth, Vehicle Penetration Potential, Regulation, Market Competition, Economics Risk and Politics Risk. The rankings table provides BMI's view on the competitiveness of the regional markets.

Market Overview

Outlook of local market, commenting on its structure, size and value.

BMI 5-Year Industry Forecast

Historic data series and 5-year forecasts to end- for all key industry indicators (see list below), supported by explicit assumptions, plus analysis of key downside risks to the main forecast, including: Total production value (US$bn); total production of units; production by vehicle-type, including cars, commercial vehicles, trucks and buses; total sales value (US$bn); sales by vehicle-type, including passenger cars and commercial vehicles (vans and microbuses, pickups, trucks and buses, 4 wheel drive); total exports by value (US$bn) and by units; total imports by value (US$bn) and by units; contribution to GDP; employment in industry.

BMI 5-Year Macroeconomic Forecast

BMI forecasts for all headline macroeconomic indicators, including real GDP growth, inflation, fiscal balance, trade balance, current account and external debt.

Competitive Landscape

Comparative company analyses and rankings by production, sales, % market share, employees, registration date and ownership structure.

Company Profiles & SWOTS

Company profiles, including SWOT (Strengths, Weaknesses, Opportunities & Threats)analyses, fully researched senior executives and full contact details, business activity, leading products and services.

Nigeria Autos Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Table of Contents

Chapter - Executive Summary

SWOT Analysis
Nigeria Autos Industry SWOT
Nigeria Political SWOT
Nigeria Economic SWOT
Nigeria Business Environment SWOT

Chapter - Regional Overview

Impact Of The Economic Crisis In Middle East And Africa
Change Ahead For The GCC
Woe In South Africa And Turkey, Uncertainty In Iran
Impact On Production

Chapter - Business Environment Ratings

Middle East & Africa – Business Environment Ratings
Limits Of Potential Returns
Risks To Realisation Of Potential Returns

Chapter - Industry Forecast Scenario

Production & Sales
Nigeria Autos Sector – Historic Data & Forecasts
Trade
Nigeria Autos Sector – Historical Data & Forecasts

Chapter - Macroeconomic Forecast Scenario

Nigeria – Economic Activity, 2005-2013

Chapter - Competitive Landscape

Post-Privatisation Government Policy
Manufacturing
Nigeria – Vehicle Manufacturers Scheduled For Privatisation
Dealerships

Chapter - Company Monitor

Regional Case Study: Nissan Motor
Production
Top 10 Asian Steel Producers, 2007
Sales
Top 10 Asian Steel Producers, 2007

Chapter - Company Profiles

Peugeot Automobile Nigeria (PAN)
Toyota Nigeria

Chapter - Country Snapshot: Nigeria Demographic Data

Section 1: Population
Demographic Indicators, 2005-2030
Rural/Urban Breakdown, 2005-2030
Section 2: Education & Healthcare
Education, 2002-2005
Vital Statistics, 2005-2030
Section 3: Labour Market & Spending Power
Consumer Expenditure, 2000-2012 (US$)

Chapter - BMI Forecast Modelling

How We Generate Our Forecasting Model
Sources
Nigeria Autos Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Executive Summary

BMI foresees the complete collapse of the country’s automotive industry in 2009 as the owners of the country’s only operational car plant, Peugeot Automotive Nigeria (PAN), announced in March that operations would close. Industry representatives have called for government intervention in the form of public sector purchases of cars produced by the plant, but BMI does not believe the long-struggling manufacturer is viable over the medium term, nor is it an attractive proposition for foreign investors.

Several initiatives have been launched to save the automotive industry, including privatisation, statebacked car loans and capital injections, and none have succeeded. In part this is due to the shoddy way in which the policies were implemented, but the chief cause of the demise of the Nigerian automotive sector is the poor state of the country’s infrastructure, particularly the unreliable electricity supply. The lack of a domestic market, competition with cheap used car imports, and the inability to compete on export markets also put a glass ceiling on sales of domestically manufactured cars.

We are forecasting a significant slowdown in real GDP growth in Nigeria from an estimated 6.7% in 2008 to 3.6% in 2009. The banking sector’s ability to lend in 2009 will be further curtailed by the growing problem of large margin loans, which are used to purchase equities on the now-slumping Nigerian Stock Exchange. We estimate that real growth in private sector credit has so far slowed from a peak of 103.7% in April 2008 to a (still high) 69.2% in November, and we anticipate further downsides in the months to come. As the automotive market is strongly counter-cyclical, automotive sales will plummet by around 36% to around 24,000 units in 2009, before making a strong recovery as the economy revives. This is still a tiny market by global standards, despite the country’s sizeable population. Imported used cars will continue to swamp the market and erode the new car market, while haulage operators will hold back investment in new commercial vehicles. By 2013, sales should have rebounded to over 90,000 units as lending rates fall and the naira strengthens, making new cars more affordable to the Nigerian middle-class.

Data released by the Nigerian Automotive Manufacturers Association (NAMA) shows that Japan’s Toyota Motor consolidated its overall market leadership in 2008 by registering the highest imports for the year. Out of a total of 31,195 new vehicles imported, Toyota accounted for 15,855 units, of which 14,211 were passenger cars. This gave the firm the lead in the imported car market as well as in the pickup segment, where the company imported 1,463 units. Toyota also came second in the bus and van and the special/utility vehicle segments. Asian brands fared well in 2008, with Honda Motor, Kia Motors and Hyundai Motor following Toyota in the overall market, respectively. In the passenger car segment, Toyota was followed by Kia, Hyundai, Nissan Motor and Mitsubishi Motors, while in the pick-up segment, second-placed Ford Motor was the only non-Asian brand in the top six. Nissan was the only company to beat Toyota in the bus and van segment whilst Honda took first place in the special/utility segment.

List of Ranked Companies

Rankings and Competitive Landscapes by production and sales; market share and change on previous year; number of employees, ownership structure and year established. Also includes analysis of company expansion, export and investment strategies.

* Al Jazirah Vehicles (Ford)
* Daimler Chrysler
* Ford
* General Motors
* Nissan
  * Renault
* Tofas
* Toyota
* Volkswagen
List of Sources

BMI's African Automotives Reports are based on an extensive network of multilateral organisations, government departments, automotive industry associations, chambers of commerce and company reports. Information sources include:

* Abu Dhabi Chamber of Commerce and Industry
*
AME Info
*
AMIC Egypt
*
Automotive Manufacturers Association (OSD), Turkey
* Automotive News
*
Bahrain Ministry of Commerce
* Bahrain Ministry of Finance and National Economy
* Business Monitor International, London
* Dubai Chamber of Commerce and Industry
* Financial Times
  * Gulf Daily News
* Gulf Times
* International Organisation of Motor Vehicle Manufacturers (OICA)
* Iran Islamic Republic News Agency (IRNA)
*
Iranian Ministry of Industries and Mines
* Iranian Students News Agency (ISNA)
* Kuwait Times
* Mena Report
* National Association of Automobile Manufacturers of South Africa
*
UAE Ministry of Planning
Nigeria Autos Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Read about our other Autos Reports

Africa

Egypt and South Africa

Asia

Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Pakistan, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam

Europe

Bulgaria, Croatia, Czech Republic, Estonia, France, Germany, Greece, Hungary, Italy, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Spain, Tajikistan, Turkmenistan, Ukraine, United Kingdom and Uzbekistan

Latin America

Argentina, Brazil, Chile, Colombia, Mexico, Peru and Venezuela

Middle East

Bahrain, Iran, Israel, Kuwait, Saudi Arabia, Turkey and United Arab Emirates

North America

Canada and United States
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