Algerian Vehicles Sales soared 34.7% in June with 11.850 sales. The leader Renault followed the market trend, signing an impressive +51%, holding 55.8% of share. Audi and Chery were among the best performers, while Dacia and Peugeot collapsed.
Algerian Vehicles Sales have started the recovery in the 2018 after having lost near 75% in the previous 4 years. The full availability of new vehicles locally produced by Volkswagen Group offered new options to the consumers and the sales grew up 127.300 units (+24.8%) with Seat and Volkswagen booming.
Algerian Cars Sales kept falling in the 2017, the fourth year in a row, having lost over 75% of volume since the 2013 record. The reduction of over 50% of licences to import has not been balanced by growth of local production.
Algerian Auto Market 2016 destroyed by the local authorities limiting the import with discriminating quotas. Product shortage lifted prices on the sky creating room for grey market done by unstructured traders.
Algeria authorities are killing the domestic vehicles sector blocking the imports of new vehicles and sustaining the only local producer, the Renault Group, reducing the certificate for import dramatically.
Algeria Vehicles Market in 2015 dropped 25% reporting the second heavy lost in a row. However, Renault and Dacia had been stable gaining several points of share and now dominate the competition.
Algeria new cars market reported a deep down in the third quarter of the 2015 hit by recession generated by sharp fall in the oil price and measured taken by the government to sustain the budget. Renault shines.
Algerian vehicle market fell in double-digit during the first half 2015 hit by government measures restricting imports of new car that have advantaged the French makers and penalized all the importers. Chinese brands are growing.