info.afrindex.com
China-Africa Trade Information Service
Photo from Morocco World News
Morocco has become a pioneer in the African continent's automotive industry. In the past decade, the Moroccan automobile industry has achieved remarkable growth.And it has attracted internationally renowned investors.
According to monthly statistics published by the Association of Importers of Vehicles in Morocco (AIVAM),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 7,780 units sold in 2018 against 7,401vehicles sold over the same period 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.