Wabco will expand its services and technological offerings for commercial vehicles in Africa after acquiring the remaining interest of its partnership with Sturrock and Robson Industries.
Market Snapshot: Fleet Market Conditions in Sub-Saharan Africa
South Africa is largest market of commercial vehicles in Africa. The corporate fleet market in South Africa is estimated at 1.2 million vehicles. New vehicle sales in the next two largest markets -- Nigeria and Kenya -- have collapsed due to sluggish economies and depressed prices for commodities.