Angola vehicles market in 2019 reported a double-digit drop. Indeed, the Full-year ended at 10.737 units sold (-15%). Toyota consolidated the market, with impressive performances scored by the Fortuner and the Land Cruiser, holding near 40% of market share.
Angola vehicles market has dramatically dropped again in 2018 when sales fell at 12.636, with the recession still in place. Toyota held the market crown with over 38% of share, ahead of Hyundai and Suzuki.
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.
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.