Algeria Autos Report - Business Monitor International - Industry Reports

Algeria Autos Report

Algeria Autos Report - Business Monitor International - Industry Reports
Algeria Autos Report
Published Sep 10, 2016
34 pages — Published Sep 10, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

� Business Monitor International Ltd Page -- the first half of the year. Moreover, total vehicle imports fell by -- y-o-y, to just --,--- units, according to figures from Algeria s Customs Service, as cited by local media. ...Ford and Suzuki have not received any import allocation for the current year. In May ----, the French language Motors magazine website stated that vehicle imports would be limited to a ceiling of DZD-bn for ----, according to comments made by the director of foreign trade, Said Djellab, to a local radio station - this is in comparison with a vehicle import bill of DZD-.-bn for ---- and DZD-.-bn for ----. The authorities had previously announced that vehicle imports would be limited to ---,--- units. Djellab also stated that import licences would be granted to a total of -- local dealerships out of a total of -- which had demanded the right to import vehicles. Of these -- dealerships, Djellab stated that no one

...In line with our forecast for the market, new vehicle sales in Algeria continue to plunge dramatically. Tough new import quota limits and a deteriorating economy both continue to undermine the near-term prospects for the country s auto sector. ...Across H---, there have been a raft of new production projects announced, including factories to be operated by Volkswagen and Renault Trucks. Renault s Symbol is the only car eligible for the credit a la consommation (consumer credit) scheme now being offered by local banks, which should bolster its already-dominant market position. Groupe PSA remains in negotiations with the Algerian government over establishing a local facility in Oran, although no official deal had been signed by mid-August. ...Groupe PSA remains in negotiations with the Algerian government over establishing a local facility in Oran, although no official deal had been signed by mid-August. The new production facilities listed above should enable Algeria to develop its local auto parts supply chain further.

...All information contained in this publication is copyrighted in the name of Business Monitor International Ltd, and as such no part of this publication may be reproduced, repackaged, redistributed, resold in whole or in any part, or used in any form or by any means graphic, electronic or mechanical, including photocopying, recording, taping, or by information storage or retrieval, or by any other means, without the express written consent of the publisher. ...

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Source:
Document ID
2044-5741
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Algeria Autos Report" Sep 10, 2016. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Algeria-Autos-Report-2026-2999>
  
APA:
Business Monitor International - Industry Reports. (2016). Algeria Autos Report Sep 10, 2016. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Algeria-Autos-Report-2026-2999>
  
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