Vehicle sale growth rising in Ghana, Report <\/b><\/p>\n Poor road network, a deterrent to Ghana\u2019s automobile industry<\/p>\n South Africa maintains 1st position as most attractive auto market<\/p>\n The January 2022 Sub-Saharan Africa\u2019s Auto Sales Report by Fitch solutions has indicated that Ghana maintained its position as the 5th most attractive automobile market in the Sub Saharan Africa region.<\/p>\n The report said Ghana has a developing automotive sales environment amid a favourable political risk outlook, enabling policy certainty.<\/p>\n It stated that \u201cGhana managed to outperform its regional peers under our short- and long-term political risk scores in our RRI, scoring a respective 59.7 and 70.2 under these indicators\u201d.<\/p>\n However, the country\u2019s poor road network remains an impediment to the country\u2019s potential, as the country score of 16.1 under the \u2018quality and extent of transport network\u2019 indicator, underperforms the Sub Saharan Africa\u2019s region average score of 21.3.<\/p>\n Also, with the commissioning of the four-tier interchange, the report noted that progress is being made regarding upgrading and developing the country\u2019s road infrastructure.<\/p>\n \u201cGhana\u2019s low levels of vehicle ownership rates highlighted by a score of 10.5 under our \u2018vehicle ownership per 1,000 inhabitants\u2019 indicator shows an upsurge in the vehicle sales growth as rising incomes lead to first-time buyers entering the market for vehicles.\u201d<\/p>\n South Africa maintained its 1st position as the most attractive auto market in Sub Saharan Africa, followed by Mauritius and Botswana.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" Automobile industry in Ghana Vehicle sale growth rising in Ghana, Report Poor road network, a deterrent to Ghana\u2019s automobile industry South Africa maintains 1st position as most attractive auto market The January 2022 Sub-Saharan Africa\u2019s Auto Sales Report by Fitch solutions has indicated that Ghana maintained its position as the 5th most attractive automobile market […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[1048,671,4271,4272,2145,85,446,3743,4273],"class_list":["post-977078","post","type-post","status-publish","format-standard","category-business","tag-5th","tag-africa","tag-attractive","tag-automobile","tag-fitch","tag-ghana","tag-market","tag-solutions","tag-subsaharan"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/977078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=977078"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/977078\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=977078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=977078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=977078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"Automobile](\"https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/251\/25166618.295.jpg\" "\\"Automobile")
Automobile industry in Ghana<\/span><\/span><\/p>\n<\/div>\n