Ghana Automobile Market Share

Market Share of Ghana Automobile Industry

The Ghanaian automobile market is dominated by a few players like BMW, Daimler, Nissan, Mitsubishi, Volkswagen, and Toyota Motors. Several vehicle manufacturers are expanding their manufacturing facilities across the country, which is likely to enhance vehicle production during the forecast period.

• In August 2022, Volvo Group launched four new generation extra heavy commercial trucks, the Volvo FH, FH16, FM, and FMX in Ghana.
• In March 2022, Silver Star Auto inaugurated an assembly plant in Tema, Ghana. The assembly plant produces the PEUGEOT 3008 and will soon produce the all-new LCV 1-ton pickup Peugeot Landtrek.
• In August 2020, Volkswagen opened a vehicle assembly facility in Ghana to attract auto manufacturers and turn itself into a car-making hub. The Accra-based plant can assemble 5,000 units annually and will work on Volkswagen's Tiguan, Teramont, Passat, Polo, and Amarok models.

Ghana Automotive Market Leaders

1. Nissan Motor Co., Ltd.

2. Mitsubishi Motors Corporation

3. Toyota Motor Corporation

4. Volkswagen AG

5. Mercedes-Benz Group AG

*Disclaimer: Major Players sorted in no particular order