Algerian Vehicle Market plunged in first half 2014. Volkswagen shines.

Algerian Vehicle Market plunged in first half 2014 with a series of sixth negative year-on-year month. In the battlefield, Renault has recovered the leadership while Peugeot struggles. Emerging brands are Hyundai and Volkswagen.

In June 2014 according to data released by focus2move Research Team and collected through local sources and manufacturers, total new Light Passengers Vehicles sold have been 28.280 representing a sharp 26.6% decrease from the correspondent month last year.

Following the already weak trend the last was the 6th year-on-year declining month in a row and the first half 2014 ended with only 174.680 vehicles sold with a loss of 18.3% compared with last year.

The market is falling down more than expected and many local observers are still pessimistic about a recovery within the current year. However, Algerian government is near to launch a new five-year investment plan (2015-2019) worth $262 billion in order to boost domestic production and move its economy away from reliance on oil and gas.

The previous plan (2010-2014) outcome was disappointing due to a slow pace of reform that has limited foreign and private investors’ involvement in bringing the economy out of stagnation.

The new plan could positively impact on the automotive sector development in the next years while before to review current volume forecast it would be prudent wait for the real implementation plan.

In the market battlefield the first half was really tough with many changes in the top brands ranking month after month. The half year leader was Renault with 26.509 sales recovering the leadership lost last year, despite losing over two points of share.

The second was Peugeot scoring an awful half with only 19.788 sales and many points of share down from last year. Third was Hyundai, one of emerging brands in Algeria, with 18.900 sales and 10.8% of share, up 3.1 points form 2013.

More details on the market could be required with the attached form.

Please consider we can develop two studies on Qatari car market, one featuring the recent performance by segment, brand and models (Algeria Car Market Insights) at €599 (plus taxes).

Wishing to receive a broader picture including the country evolution towards the 2018, you can require the development of Algeria Car Market Outlook to 2018, which will be ready in short for you at €2.500 (plus taxes).

In the interactive tables below you can sort through the Best Brands and Best-selling models ranking:

Rank JuneRank I HalfBrandJune 2014I Half 2014June Var. YoYShare Q1Share MayShare JuneShare I Half
15Volkswagen3.86416.08853,0%7,1%12,4%13,7%9,2%
22Peugeot3.52519.788-47,5%10,4%13,7%12,5%11,3%
31Renault3.40926.509-55,5%15,3%16,1%12,1%15,2%
44Dacia3.00417.627-6,5%8,7%14,0%10,6%10,1%
53Hyundai2.66018.900-18,4%12,2%9,5%9,4%10,8%
67Kia2.05812.7714,0%7,0%7,5%7,3%7,3%
76Toyota1.64114.454-41,2%10,0%5,8%5,8%8,3%
811Skoda1.4136.26055,3%3,0%2,8%5,0%3,6%
98Seat1.3829.291-27,5%5,8%3,5%4,9%5,3%
1010Suzuki1.3616.4366,1%2,3%6,8%4,8%3,7%

Rank JuneRank I HalfModelJune 2014I Half 2014June Var YoYI Half Var.Share MayShare JuneShare Ytd
12Dacia Logan2.12710.2974,7%-33,8%9,2%7,5%5,9%
13Volkswagen Polo2.1277.90068,8%4,5%6,6%7,5%4,5%
21Hyundai Accent1.48812.14245,5%136,3%5,7%5,3%7,0%
35Kia Picanto1.2207.392-10,6%56,7%4,4%4,3%4,2%
49Peugeot 2089905.0682,0%-39,7%3,8%3,5%2,9%
510Peugeot 3019484.703-62,6%-59,1%3,3%3,4%2,7%
64Toyota Hilux9277.433-57,8%-32,3%2,9%3,3%4,3%
76Renault Symbol8706.725-61,2%-30,8%3,2%3,1%3,8%
88Seat Ibiza8635.671-53,4%-44,0%1,7%3,1%3,2%
97Renault Kangoo8385.718-1,4%29,1%3,4%3,0%3,3%
1012Dacia Duster7004.30319,7%-6,8%2,4%2,5%2,5%

[contact-form-7 404 "Not Found"]

 

(158)

In the spotlight

Malaysia Automotive Market Report 2010-2025

Malaysia Automotive Market Report 2010-2025 features historical data and insights plus professional forecast on new vehicles sales by type, manufacturer, brand and model providing an easy-to-use picture of current and future competitive landscape.

In the spotlight

Panama Automotive Market Report 2010-2025

Panama Automotive Market Report 2010-2025 features historical data and insights plus professional forecast on new vehicles sales by type, manufacturer, brand and model providing an easy-to-use picture of current and future competitive landscape.