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Algeria 2020. In March auto sales free-fell 88.5%

Algerian Vehicles Sales, after the new year’s awful start, dropped sharply down in March, affected by the lockdown measured imposed within the country, in order to counter the spread of Covid-19. Indeed, sales fell 88.5% in March with 1.510 units sold, ending the Q1 at 10.031 (-73.7%).Post Covid19 Market TrendIn order to slow down the spread of the virus, on March 17, the closure of all land borders and the suspension of all air and maritime links – except for those transporting goods – was announced, while on March 23, President Abdelmadjid Tebboune imposed a full lockdown for the Wilayat of Blida and a partial lockdown for the capital Algiers.As a result, the vehicle market dropped down by an awful 88.5% in March with 1.510 units sold, ending the Q1 at 10.031 (-73.7%).Medium Terms Market TrendIn the last six years, the automotive industry in Algeria has dramatically changed, losing over 70% of volumes, due to the government decision to block the vehicles import and push all car makers willing to sell in the country, to establish local facilities.While the purpose were not original, the approach has been so though to create a very shortage of products and prices jumped in the sky, with market collapsing from the all-time record of 429.960 light vehicles units hit in the 2013, to a minimum peak of 101.979 units sold in 2017. At that point in time, when the first plants have been able to start a growing production, the market approach the recovery, growing at 127.300 in 2018.However, in 2019 the market did not hold the recovering trend, registering 125.121 units, down 1.7% from the previous year.In the first two months of 2020, the market started on a very negative tone with Year to Date February sales at 9.432 (-63.6%).Tables with sales figuresIn the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 ModelsThis content is for members only. Visit the site and log in/register to read.

Random inspiring and interesting quotes: “Hate hides behind the most righteous faces.”
Thursday November 12, 2020

Hate hides behind the most righteous faces. – Alice in Hellboy I’m a fan of the Hellboy franchise and the new Hellboy (2019) was better than I expected. Sometimes an injection of new faces is a great thing, and the new squad (of Hellboy, Alice, and Daimio) has real potential. Yeshua said, Know what is […]

Panama 2020. Car sales down 20% after 9 months
Wednesday November 11, 2020

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