Research and Markets: Algeria Autos Report Q3 2011.
The Algeria Autos Report provides industry professionals and strategists, corporate analysts, auto associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Algeria's automotive industry.
Figures released by the Association des Concessionaires Automobiles d'Algerie (ACAA) show that a total of 222,123 new cars were sold in Algeria in 2010(excluding sales figures from the local BMW and Mercedes-Benz dealerships). This represents a slight decline on the 227,781 cars sold in the country in 2009 (according to ACAA data) and comes as Algerian consumers still found it hard to make new car purchases.
The majority of vehicles sold in Algeria are imported (with the exception of some industrial vehicles produced domestically), so trends in import movements act as an early indicator of the future direction of new car sales. Looking at the evolution of imports over 2010, data released in February 2011 by the national customs centre for data processing and statistics - CNIS - stated that Algeria imported 285,337 vehicles in 2010, an increase of 2.68% y-o-y. Over the 12-month period, the country's 40 leading car dealerships imported a total of 265,589 vehicles (at a total import cost of MAD242.8bn), compared with 255,385 units (at a total import cost of MAD253.8bn) for 2009. Individual car imports fell over 2010, from 22,496 units in 2090 to 19,478 units in 2010, a fall of 13.42%.
Read more inside Algeria Autos Report Q3 2011
* Toyota Motor
* Renault Algrie
* Hyundai Motor
For more information visit http://www.researchandmarkets.com/research/baf148/algeria_autos_repo
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|Comment:||Research and Markets: Algeria Autos Report Q3 2011.|
|Date:||Sep 1, 2011|
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