Algerian Vehicle Market booms. Total sales reach 113,122 units (+345.3%). Market gains momentum after being down 23.6% in 2022. Fiat booms gaining 26 spots.
Market Trend and Outlook
Algerian vehicle market in 2023 increased 345.3% with registrations reaching 113,122. December reaches new figures at 22,244 despite being down 687.7%.
Looking at cumulative data up to December 2023 brand-wise, Fiat ranks in 1st with 69,869 sales, followed by DFSK -up 31 spots with 12,845 registrations and Dacia -down 2 spots- with 7,135 units sold.
Chery maintains 4th position with 4,312 total sales (-97.7%), in front of Opel -up 28 spots- at 3,945, Kia at 3,063 (-2.9%) and Seat with 1,723 new vehicle registrations (+240.5%).
Peugeot down 2 spots into 8th with 1,338 sales (-7.8%), followed by Toyota -down 2 spot- with 945 units sold (-9.3%) and Sokon in 10th -up 23 spots- with 906 new registrations.
Looking at specific models, the Fiat Doblo gains leadership, rising 90 spots in the rankings, followed by the Fiat Tipo Sedan.