Thursday, 16 May 2013

Algeria Autos Report Q3 2013

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Algeria Autos Report Q3 2013
May 15th 2013, 00:00

The year 2013 looks set to be yet another strong year for the Algerian autos industry, in line with BMI''sviews on the subject. We are currently forecasting a 15% increase in new car sales, to just below the500,000 unit mark.However, this forecast could well be revised upwards over the coming months, in light of the strong start tothe year witnessed by new car sales. After just two months of 2013, the new car sales market is alreadyreportedly up by 47% year to date, underlining the strong demand for vehicles on the part of Algerianconsumers at the present time....

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