Car Talk › Re: Mercedes Benz Thread by nakantu: 9:31am On Jun 18, 2016 |
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Car Talk › Re: Mercedes GLC F-cell Is World's First Hydrogen Plug-in Vehicle by nakantu: 8:32am On Jun 16, 2016 |
Mercedes should stop fooling around with Hydrogen fuel cell cars and expedite their long range battery powered car to market. Hydrogen fuel cell vehicles are too inefficient compared to a battery powered car. |
Car Talk › See How Nigeria Ranks With Its Peers In Automotive Sector by nakantu(op): 8:22am On Jun 16, 2016 |
Nigerian car market vs MINT countries June 15, 2016torqueng Edit Nigerian car market Fidelity International coined the acronym MINT countries in 2011 as a group of the next developing economies to watch. The term is an acronym for Mexico, Indonesia, Nigeria and Turkey. Former Goldman Sachs economist Jim O’Neill also hammered on the idea as he coined the BRICS( Brazil, Russia, India, China, South Africa) acronym. We are going to compare these four countries on a couple of different metrics relating to the car market and deduce where Nigeria stands. Other countries were also included in this comparison to give some perspective. https://torqueng.com/wp-content/uploads/2016/06/MINT-comparo-main.png An Under-performing Car Market From the above chart, one can see that Nigeria has the lowest GDP per capita of the four MINT nations. With a GDP per capita of $2690 compared to $3340 for Indonesia, $9009 for Mexico and $9330 for Turkey. But the more telling figures are to the right. Looking at new car sales for every 1000 people, Nigeria achieves 0.18, compared to 3.93 for Indonesia, 10.64 for Mexico and 12.31 for Turkey. This gives a picture of the relative size of the new car market. Using the cars per 1000 people and assuming Nigeria matches the Next lowest number on the list which is India at 2.11 New cars per 1000 people. This would mean Nigeria’s new car market would have to grow to about 364,000 units a year instead of the current 32,000 units. At this assumed volume, Nigeria becomes a viable market for manufacturing to support multiple car makers. Nigerian car market more from the website http://torqueng.com/nigerian-car-market-vs-mint-countries.its amazing how so few new cars are actually sold in Nigeria. Despite the perception that there is a lot of money in Nigeria. |
Computers › Re: Huawei USB Modem Unlocker - Download Here! by nakantu: 2:01am On Apr 11, 2011 |
wow! Presegs thanks for the quick response. I am much gratefull |
Computers › Re: Huawei USB Modem Unlocker - Download Here! by nakantu: 1:38am On Apr 11, 2011 |
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