BMI View: This quarter, we have become yet more negative on the outlook for the Algerian new vehicle
sales market. We have revised down our 2016 sales forecast to a contraction of 65.0%.
? Tough import restrictions and a slowing economy are both posing ..."
BMI View: We believe that tough import restrictions and a slowing economy will both pose challenges
for the Algerian new vehicle sales market in 2016.
? New vehicle sales will struggle in 2016, but should then rebound over 2017/18, as new local product ..."
BMI View: Tougher import regulations and a slowing economy will continue to undermine the Algerian
new vehicle sales market in 2016. We expect 3.0% sales growth for the sector in 2016, as demand picks up
slightly, aided by the scheduled ending of a six-year government ..."
? 2015 has proved to be another highly challenging year for the Algerian new vehicle sales market, partly
as a result of new vehicle import regulations introduced in April 2015 that have reduced the amount of
imported vehicles approved for sale by the ..."
In November 2014, French carmaker Renault started commercial production at its new EUR50mn
(USD62mn) plant at Oued Tielat, in line with its plan to increase its exposure in the MENA region (see
Company Profile section of this report for more information). While the pl ..."
In November 2014, Renault is set to officially open its new Algerian production plant at Oued Tielat, with
the first Symbol model set to be coming off the production line on November 10 2014, just after this report
was written. BMI believes that the commencement of local produc ..."
Early sales trends show that 2014 will be a very challenging year for automakers operating in the Algerian
market, in line with BMI's forecasts. In Q114, new vehicle sales were down by nearly 30% year-on-year (yo-
y), to 85,000 units, according to an April 2014 report ..."
The outlook for Algeria's auto industry is mixed as we enter 2014. On the positive side, the start of
production at Renault's new Oued Tiélat factory in Oran province should prove transformative for the
development of a local production and automotive supply chain. Mo ..."
Over the past quarter, there were further key developments in Algeria's journey to becoming a car producing nation. At the end of September 2013, French carmaker Renault announced that construction work had commenced at the new Oued Tiélat factory in Oran province, with hopes tha ..."
H113 sales figures for the Algerian new car sales market continue to support BMI's long-held optimism
towards the country. A total of 247,091 cars were sold over H113, representing an increase of 14.65% yearon-
year. This puts the country well on track to hit BMI's fo ..."