Ivory Coast Cars Sales in First Half 2016 moderately down. Renault boomed advancing in second place overtaking Hyundai, thanks to the outstanding performance on the compact SUV Duster.
Cote d’Ivoire was Africa’s fastest-growing economy in 2015 thanks to solid growth in public investment. The government hopes to keep the momentum going with an ambitious infrastructure program and a series of sweeping reforms. In July 2016, the Ivorian Parliament approved holding a referendum to vote on a new constitution which would remove a controversial nationality clause in the current constitution that contributed to years of unrest and civil war, as well as abolishing other laws that risk generating political instability.
Meantime, the domestic cars market reported a declining trend during the first half of the 2016. In fact in the first trimester grew feeble while the second quarter was almost negative.
During the first half of the 2016 the total cars passenger had been 4.099, down 1.4% compared to the same period of the 2015.
In the first half of 2016 the market leader was Toyota with 829 units (-19.2%) and 24.6% of market share. Renault was second with 512 sales, booming 77.8% followed by Hyundai with 507 (-26.4%) and Mitsubishi with 457 (-0.4%).
As far as the Car Groups performance, the leader was Toyota Group with 24.6% of market share, ahead of Renault-Nissan with 20.2%, Hyundai-Kia with 19.9% and Mitsubishi with 13.6%.
The best-selling model was the Toyota Hilux with only 392 units registered (-13.8%) ahead of the Renault Duster with 269 (+153.8%) and in third the Mitsubishi L200 with 230 (-0.4%).
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|Rank June||Rank H1 2016||Brand||Sales June||Sales H1 2016||Var June||Var H1 2016||Share June||Share H1 2016|
|Rank June||Rank H1 2016||Group||Sales June||Sales H1 2016||Var June||Var H1 2016||Share June||Share H1 2016|
|7||7||Great Wall Motors||18||137||0.022727272727273||-0.10222804718218||0.034682080924855||0.040676959619952|
|Rank June||Rank H1 2016||Model||Sales June||Sales H1 2016||Var June||Var H1 2016|
|5||8||Hyundai Santa fe||16||102||-27,3%||-15,0%|
|7||9||Great Wall Wingle||11||95||22,2%||-6,9%|