World News: 12:20 GMT Friday 11th January 2019. [Research and Markets via Globe Newswire via SPi World News]
Dublin, Jan. 11, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering. Africa passenger car market is projected to surpass $ 19 billion by 2023 in Africa. Growth in the market is led by rising disposable income and prevalence of poor public transportation system across the region. Moreover, with gradual and continuous improvements in road infrastructure across the African continent, demand for passenger cars for private transportation if expected to grow during the forecast period. In addition, stabilizing crude oil prices and improving economic scenarios of several major economies in the region is anticipated to positively influence passenger car market in Africa during the forecast period.
Research and Markets also offers services providing focused, comprehensive and tailored research.
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Cars
Globe Newswire: 12:20 GMT Friday 11th January 2019
SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 0751938.