The Algerian market recorded a strong increase in 2012

Algeria has registered 419,000 new vehicles during the first nine months of 2012, which represents an increase of 40.1% compared to the same period last year.
In detail, the forty dealers Algeria imported 397,000 vehicles (+41.6%), while individuals have imported 22 000 (17
%).

The bounce in new vehicle sales is explained by the improved purchasing power of citizens in recent years, resulting from the different wage increases for workers (in the public sector in particular).

The French vehicles traditionally occupy the first place of Algerian imports (see graph below), followed by Hyundai.

- Faced with rising car market recorded since 2010, the Algerian authorities want to create a national car industry. After two years of negotiations, the Algerian government and Renault signed a joint venture agreement to build a plant in Algeria. This site should be able to produce 75,000 vehicles per year and 150,000 units.

 


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