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Friday 27 September 2013

Morocco Autos Report Q4 2013:Automotive & Transportation Market Research Reports

Automotive & Transportation Market Research Reports
 
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Morocco Autos Report Q4 2013
Sep 25th 2013, 00:00, by swapnil

Morocco’s highly competitive production environment, government support towards manufacturing and its proximity to the high-volume European markets and high-growth potential African markets are main attractions for carmakers seeking for production-related investments in the country. BMI accordingly sees production in Morocco rising considerably over our five-year forecast period, with a total completely built unit production of 148,400 in 2017. Our forecast for 2013 looks set for 118,300 vehicles to be produced over the year, marking an 8.8% increase on the previous year. However, vehicle sales segment will fail to replicate growth in the production segment. Industry estimates indicate that passenger cars …

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