Home Economy Moroccan Car Market: Sales up 5% from 2017

Moroccan Car Market: Sales up 5% from 2017

Moroccan Cars Market: Sales up 5% from 2017

Rabat – During the first 7 months of 2018, the Moroccan automotive market is experiencing a notable increase in its sales.

According to monthly statistics published by the Association of Importers of Vehicles in Morocco (AIVAM), 104,678 vehicles were sold by the end of July compared to 99,831 vehicles sold in the same period last year, up by 4.86 percent.

Sales of imported cars (CBU) increased notably, reaching 89,152 units, up by 5.21 percent. Locally manufactured car sales also increased to 15,526 units, up by 2.87 percent.

Sales in the passenger cars sector (VP) rose by 4.77 percent, reaching 96,808 units sold by the end of July, compared to 92,404 units a year earlier.

As for light commercial vehicles (LCVs), statistics revealed a moderate incline of 5.96 percent, equivalent to 7,870 units sold in 2018 against 7,401 vehicles sold over the same period in 2017.

Read also: Automotive Sector Revenues Rise: MAD 50 billion in 2017

According to AVIAM statistics, Dacia has sold the most cars with 30,450 units, up by 4.28 percent, followed by Renault with 15,094 units, up by 18.32.

The third and fourth place are held, respectively, by Volkswagen with 7,027 units, up by 5.48 percent, and Hyundai with 6,948 units, up by 1 percent. Fiat is ranked fifth with 5,912 units sold, up by 17.75 percent.

Ford ranks 6th place with 5,885 vehicles sold, followed by Peugeot with 5,876, Nissan with 4,114, Toyota with 3,760, and Citroen with 1,556.

As for luxury cars, the Germans maintained their leading position, selling 1,778 Mecedes-Benz units by July 2018 against 1,740 units a year earlier. BMW comes second with 1,740 vehicles sold, followed by 1,566 vehicles sold from Audi.

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