Car sales in Morocco recovered in August, while Renault Group leading in terms of sales volume and market share. The of total sales by the end of August amounted to 118,000 cars, compared to 104,00 in the same period in 2019, representing an increase of 7.51 percent.
Dacia sold at the end of August nearly 30,000 cars, an increase of 6% compared to the same period in 2019.
Renault brand came in second place with sales of more than 16,000 cars, driving the sales of the two Renault Group brands (Dacia and Renault) about 47,000 at the end of last August.
Data from Renault Group Morocco showed Dacia Dokker, Duster and Sandero topped sales, with a share of about 46 percent, 27 percent and 28 percent, respectively, at the end of last August.
Hyundai ranked third in terms of sales at the end of August, followed by “Peugeot” in fourth place, and “Opel” in fifth place, followed by “Volkswagen” in sixth place, and “Citroen” in seventh place.
The Moroccan auto industry has risen to sustainable growth levels of 20% annually, providing more than 150,000 jobs and MAD80 bn in revenues.
Morocco exports 90 percent of the 700,000 cars produced annually in the country, the bulk of which is exported to the European continent, with the added value representing 60 percent.
The Minister of Industry and Trade aims to push exports to 80 percent in the coming years.
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