Automotive Industry and Trend Analysis in Ethiopia
No Thumbnail Available
Date
2007-07
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Addis Ababa University
Abstract
The main purpose of the research was to analyze the
automotive industry and its trend in Ethiopia. In recent years,
the contribution of the automotive sector is increasing and it
is playing important role in the national economy. Although the
automotive sector is playing significant role, it is still at
low level and many factors contributed for that, including:
• Government regulations
• Road conditions
• Purchasing power of the people
• Lack of skilled manpower and capacity
• Shortage of capital
To address those issues, the researcher used both primary
and secondary data. The collected data were analyzed and the
result of the analysis was summarized in to positive and
negative aspects.
It was revealed that the positive aspects; contribution to
the national economy, future growth prospect, employment
opportunity and profitability of the operation outweigh the
negative aspects.
As the research had scope and limitations, it was recommended to
the governing authorities to undertake further studies to make
an informed decision on how to support the growth and
development of the automotive industry in Ethiopia.
Description
Keywords
trend analysis in Ethiopia