Ethiopia 2018. Car market fell down 38%
Ethiopia Auto sales fell down a sharp 38% in 2018. Indeed, Full-year registrations have been 2.034. Toyota led the ranking with 19.5% of market share, ahead of Isuzu and Lifan.
Ethiopia 2017. Sales fell a sharp 32%
Ethiopia Auto sales fell down a sharp 32% in the 2017 albeit the fast growing economic speed unchanged with Ethiopia still leading the African economies. Despite opening of several local plants, new vehicles prices are still too high for local income.
Ethiopia 2016. Market driven by locally produced Chinese brands
Ethiopia vehicles market is growing despite the 90% of annual sales are imported and used. However, the growth of local production is strong, with over 8.000 units of capacity. Chinese lead in cars and HCVs segments
