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Senegal 2020. The market declines 10.8% Year to Date in September

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Some more great quotes from Thoreau’s Walden
Thursday November 05, 2020

I’ve been re-reading and wanted to share a few new favorites: One farmer says to me, “You cannot live on vegetable food solely, for it furnishes nothing to make bones with”; and so he religiously devotes a part of his day to supplying his system with the raw material of bones; walking all the while […]

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Jamaica 2020. Toyota holds over 30% share in a growing market (+5.9%)
Monday November 16, 2020

Jamaica’s vehicle market in 2020 grows despite infections increasing since August. Indeed, 632 units have been sold in September (+5.7%), leading Year to Date sales at 5.701 units (+5.9%). Toyota grows and holds an impressive 31% market share. Economic Environment The economy likely remained in the doldrums in Q3 amid the fallout from the global […]

The post Jamaica 2020. Toyota holds over 30% share in a growing market (+5.9%) appeared first on Celadon Saigon.

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Senegal vehicles sector in 2020 reported only a slight drop compared to the previous year. Indeed, Year to Date sales in September were 2.240 units, losing 10.8% compared to last year. Toyota remains the undiscussed leader, growing by 18.9%.
Market Trend Year to Date
In Senegal 2.240 units have been sold until September 2020, reporting a loss of only 10.8% compared to last year. This is a modest loss compared to other countries in the region.
Brand-wise the undiscussed leader remains Toyota, gaining 18.9%, followed by Renault losing 6.1% and Suzuki (+23.5%).
Medium-Terms Market Trend
Indeed, after years of stable demand around the 5.000 annual units, in recent years the new vehicles market started growing, hitting an All-time record in 2017 with 8.339 sales, including 7.005. However, in 2018 the market has interrupted the previous years’ positive trend, falling suddenly down 16.2% with registrations at 6.985.
In 2019, the market kept declining, selling 5.959 units and losing 5.8% from 2018.
In Q1 2020 740 units were sold (-12.9%), while First Half sales were 1.457 (-13.3%).
In July the market remained down 13.7% with 239 units sold, with only a slight improvement in August, registering 233 new vehicles (-15.9%).
Tables with sales figures
In the tables below we report sales for the Top 5 Brands

A Guide to the Maintenance Needs for Your Mercedes Benz
Tuesday January 12, 2021

Mercedes-Benz is a brand with the utmost luxury and performance. Driving a superbly engineered car like a Mercedes-Benz especially when it is dashing and brand-new is just pure pleasure. However, no matter how special this car is, it can still develop many hitches or issues over time like any other car. This can be frustrating […]

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