Angola vehicles market has dramatically dropped again in the 2018 when sales were below the 3.000 units and the market has lost over 90% from the 2014 record, with the recession still in place. Thanks to light commercial, Volkswagen boomed taking 32% of share while Fiat collapsed.
Angola Auto Sales 2016 reported the deepest lost ever collapsing by 62 percent and falling at the lowest since 2008, hit by miserable economy performance. Just arrived, Fiat ranked second with the Panda best-selling.
Angola new vehicles market collapsed in first half 2015 hit by harsh recession that has invested the market as oil price dropped over 50% in the international market. Suzuki market leader, Toyota is shining.
In 2013 the car market in Angola reported an increase from the previous year remaining well below expectations and government objectives. Despite a strong GDP increase, the inequal income distribution is curbing consumer's demand and car market potential.