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.
Algerian Auto Sales collapsed in July falling down 32 percent with huge sales lost by Renault and Peugeot while Tata announced the start-up of local operations with the opening of first showroom. The outlook is negative.
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.
Q1 2014 Algerian car market fell 14% breaking a wonderful growing momentum started at the end of 2010 that moved the market as World’s 26th and second in Africa. 2014 Outlook and sentiments are negative due to slow economy trend.
December 2013 roared in Algeria as car market boomed 52% from the previous year. The year ended with new volume record and for the first time above the 400.000 units. Although low sales in the second half, Peugeot outpaced Renault becoming the new market leader.
November 2013 sales data from Algeria reported as the fast pace is over with volume slipped down from year ago. However the year will end with a robust performance and perspectives are positive. Behind Renault and Peugeot, Kia advanced in third booming sales.
Following a long series of year on year winning month, August 2013 had shown a decline of 6.7%. However it is not representing the end of a trend as it was caused in a delay on Renault delivery to customers that have heavily penalized the French leader.
In June 2013. Algerian car market kept the outstanding momentum with a further 18% increase from last year, ending the first half as one of Top 5 faster growing car markets worldwide. Renault new Symbol, just launched, was immediately the leader.
Posting the 29th consecutive monthly increase, car market in Algeria grew 15% in May, moving the cumulated sales up by 27.1%. Renault is booming sales and outpaced Peugeot on top of the market, reducing the gap in YTD competition at few units.
Pushed by the middle class income increase and small and old circulating car park, the Algerian car market is booming since the 2011. Following the new all-time record posted in the 2012, when the market was the World's 26th, the start of 2013 was further better.
Algeria's economy is traditionally dominated by the state and focused on exploiting the hydrocarbons products industries. Algeria has the 10th largest reserves of natural gas in the world and is the 6th largest gas exporter. It ranks 16th in oil reserves.