Reunion 2022. Vehicle Market (-8.2%) Posts 12 Consecutive Monthly Losses

The 2021 Peugeot Landtrek
The 2021 Peugeot Landtrek

Reunion’s auto market in 2022 totaled 30,75 sales, an 8.2% loss from the prior year. All months of the year posted a loss in volume.

Market Trend and Outlook

Reunion’s vehicle market in 2022 totaled 30,075 sales, an 8.2% loss from the prior year. Every month of the year reported a loss in market volume.

Looking at cumulative data from 2022 brand-wise, this year the leader Peugeot  lost 6.7% in new sales (19.2% share), followed by Renault down 8.2% with 16.3% market share. Citroen in third lost 9.1% from the previous year.

Medium-Term Market Trend

Reunion automotive industry is a beautiful reality near the African coast and in the last years is reporting continue improvements sustained by a healthy economy and stable political and social environment. In the last six years market has grown up hitting in 2018 another all-time record, with sales at 32,832 (+4.9%).

In 2019 33,419 units were sold, reporting a 2% increase in sales compared to the previous year, illustrating a stable market.

Due to the COVID-19 Pandemic full-Year sales for 2020 have been 28,865, reporting a decline of 13.6% compared to 2019.

In 2021 the trend was reversed with sales reaching 32,768, a 13.5% increase compared to 2020.