New Market Research Report: Algeria Autos Report Q3 2014
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 (y-o-y), to 85,000 units, according to an April 2014 report in El Watan. Auto imports were reportedly down by over 50% in January alone. Even the annual motor show, held in March, failed to provide a lift to sales, with dealerships reportedly having to slash...
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