Tunisia Vehicles Sales in Q1 2016 accelerated hitting the best quarter ever. The industry is fueled by strong consumer’s demand and improved car loans facilitation. In the competitive ground many brands fight for leadership.
Complementing the USD 5.0 billion in lending from the World Bank that was announced in February, Tunisia is set to receive even more international funds in the form of an IMF Extended Fund Facility (EFF). Although international funds will help stabilize the country in the short term, long term stability is contingent on the successful enactment of reforms.
The Tunisian vehicles market in 2015 hit the new records and continued to seek success even in the first months of the 2016. In fact, the positive performance have spread throughout the first quarter, for a total of seven months in a row since September 2015 without losses in sales.
According to the data release by the local Association of Car Distributors, the 2016 started with 3.301 new vehicles registered in January, up 10%. The highest percentage of growth was in February with 5.629 units, up 48.1%. In March the sales had been 82.011, growing by 6.1%.
Total vehicles sold during the first quarter had been 12.567, up 22.9% compared to the same period of the previous year.
In the Q1 of 2016 the market leader was Volkswagen with 1.515 sales (+22.5%) and 12.1% of market share. Kia was second with 1.318 units (+71.6%) ahead of Citroen with 1.276 (+47.0%), Renault with 1.050 (-24.7%), Peugeot with 985 (+9.9%).
As far as the Groups performance, the leader was PSA with 18.0% of market share, ahead of Volkswagen with 17.8%, Hyundai-Kia with 14.8% and Renault-Nissan with 14.3%.
Considering only the official data, the Q1 2016 figures represent the new all time record, just better than the level hit in the previous year.
If you need to get more data and analysis on this market please consider our researches on 2004-2015 data and/or 2016-2020 forecast.
Research, Consulting, Data & Forecast Store
F2M covers intensively this market with several products developed to help any investigation required.
Market Researches in PDF are immediately available for download with study on the market since 2005 and with forecast up to the 2020.
Auto Data in EXCEL are immediately downloadable with annual sales volume, split by month, for all brands and all models distributed in the market. This year data are released year to date, but you will receive a monthly update until the year-end.
All these and more within our Tunisia Store
Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will always have the year to date data updated.
|Rank Mar||Rank Q1||Brand||Mar||Q1||Mar Var||Q1 Var||Mar%||Q1%|
|Rank Mar||Rank Q1||Group||Mar||Q1||Mar Var||Q1 Var||Mar%||Q1%|