BMI View: This quarter, we maintain our view that Tunisia will see strong double-digit growth in new
vehicle sales over 2016.
? In August 2016, the first shipment of 5,000 'popular cars' (véhicules populaires), which have to be sold
by year-end, ..."
BMI View: This quarter, we have raised our 2016 sales forecasts for Tunisia. We now expect 13.0%
growth, with risks very much to the upside.
? In March 2016, the government announced that it would be restarting an import scheme for some 5,000
BMI View: We believe that a recovering economy should lead to increased rates of fleet renewal from
Tunisian businesses, boosting local light commercial vehicle sales across 2016. This increased demand for
light commercial vehicles should offset a less encouraging out ..."
BMI View: The combination of a slowing domestic economy and increased 'parallel market' sales lead us
to retain a cautious stance on the Tunisian new vehicle sales market in 2016. We are targeting just 3.5%
growth for the sector, with commercial vehicles set to outper ..."
BMI View: A slowing domestic economy and increased 'parallel market' sales both pose severe downside
risks to BMI's current forecasts of a -4.7% contraction in Tunisian new vehicle sales over 2015. However,
we choose to await the release of Q315 monthly data before ma ..."
Looking at early sales trends for 2015, the issue of 'parallel market sales' (ie, cars that have not been bought
from official dealerships) has become significant for Tunisia. The total number of cars that entered the
Tunisian market over 4M15 stands at 23,296 units, ..."
New vehicle sales in Tunisia totalled 53,362 units in 2014, according to information from the African
Manager website. This represented an annual increase of 11.3%. Breaking down the headline figure, there
were a total of 38,210 passenger cars (PCs) and 15,152 commerc ..."
No official 2014 sales data had been released by the Tunisian authorities as this report was being compiled
in November 2014. A November 2014 report by the French language African Manager website would seem
to indicate that sales for the month of October were up by 14 ..."
According to an April 2014 report on the African Manager website, new vehicle sales in Tunisia totalled
9,909 units over Q114. On current trends, this would therefore suggest some growing downside risks to
BMI's current forecast of a 4.6% increase in new vehicle sales ..."
Tunisian new car and light commercial vehicle (LCV) sales contracted by 2.7% year-on-year (y-o-y) in
2013, to 47,960 units, according to a January 2014 report on AfricanManager.com. The final year outcome
did come as a bit of a surprise to BMI, as indications from two ..."