Algerian Vehicles Sales keeps recovering in the 2019 pushed up by the growing numbers of local made models. Despite the economic environment is not encouraging the current industry level is lower than the 2013 record by near 70% and there is a wide gap between the actual level and the potential. Renault is near 50% of market share, while Volkswagen Group is fast growing.
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.