Mozambique 2020. Ford gains market share slowly, in market down 21.4%
Mozambican vehicles market falls due to the global pandemic affecting sales. Indeed, Full Year 2020 sales are 3.281, down 21.4% compared to 2019. Toyota loses market share while its follower Ford grows slowly.
Mozambique 2015. Vehicles Sales fell down
Mozambique Vehicles Sales in 2015 slipped down hit by internal turmoil and violence by Renamo. Despite the low-level of new cars sold for a country with over 26 million people, the market does not found robust drivers.
Mozambique 2017. Auto sales fell down 21.5%
Mozambican vehicles sales in 2017 fell down 24.5%, an impressive lost after the minus 48.7% reported in the previous year. The market was hit by huge inflation which reduced dramatically the purchase power. Toyota is leader but with a low market share.
Mozambique 2016. Difficulties in credit pushed down the market
Mozambique Vehicles Market 2016 declined for the heavy restrictions on cars loan as the country experienced a default on international creditors. New vehicles still are below 10% of total registrations. Toyota leader.
