Emirates Automotive Market is moderately negative with year to date September figures at 184.464 (-7%) projecting the year to be the third loser in a row. The outlook is improving thanks to economic reforms and demand is expected to soar in the next months.
Angola 2020. Auto sales declined 81.2% in August, Toyota remains in leadership despite falling 88.7% YTD
Wednesday September 23, 2020
Angola vehicles market in 2020 reported a severe double-digit drop for the entire year. Indeed, 177 units were sold in August (-81%), leading Year To Date sales at 1.207, losing 83.9% compared to last year. Toyota keeps dominating the market despite losing 88.7% sales Year to Date. Economic Environment The economic recession is expected to […]
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Benin. Light vehicle sales down 36.3% Year to Date in August 2020, Toyota undiscussed leader
Thursday September 24, 2020
Benin vehicles market in 2020 reports a moderate drop as the pandemic influences sales. Indeed, 327 units were sold Year To Date until August, losing 36.3% compared to last year. Toyota maintains the discussed leadership while reporting the best top 10 hold, despite losing 17.6%. Economic Environment Benin’s free-market economy has grown consecutively for four […]
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