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Home > Economy > New Car Sales in Morocco Rise by 22% in November 2023

New Car Sales in Morocco Rise by 22% in November 2023

According to the Association of Vehicle Importers in Morocco (AIVAM), the sales of new cars in the North African country stood at 13,772 units in November 2023, rising by 22% in comparison to the same month last year.

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Dec, 04, 2023
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New Car Sales in Morocco Rise by 22% in November 2023

New Car Sales in Morocco Rise by 22% in November 2023

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Rabat – According to the Association of Vehicle Importers in Morocco (AIVAM), the sales of new cars in the North African country stood at 13,772 units in November 2023, rising by 22% in comparison to the same month last year.

Based on AVIAM’s monthly statistics on the Moroccan automotive market, the number of newly registered passenger cars increased by over 21% to 12,000 units, while the number of newly registered light commercial vehicles increased by 26.6% to 1,751 units.

With a market share of 23% and 2,834 units sold in November of last year, Dacia was the market leader in the passenger car segment. Renault came in second with 17.9% of the market share, while Peugeot ranked third with 9.5% of the share.

In the light commercial vehicle segment, Renault had a 32% market share, ahead of Fiat with 14.4% and DFSK with  14.3%.

In the premium segment, Audi secured a 3% market share with 365 cars sold, surpassing both BMW (2.5%) and Mercedes-Benz (1.6%).

Porsche, on the other hand, sold 30 units in November 2023, up by 20% year-on-year, while Jaguar sales fell by 7% to 13 cars.

In the first eleven months of 2023, new car sales in Morocco dropped by nearly 1% to 144,000 units. More specifically, sales of light commercial vehicles decreased by 11%, while the passenger car segment saw a slight 0.4% increase.

Read also: Car Sales in Morocco Continue to Slide in May 2023

Tags: AIVAMMoroccoNew Car Sales
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