Morocco Best-selling cars Archives | Focus2Move https://www.focus2move.com/tag/morocco-best-selling-cars/ automotive, research, data, statistics, cars, vehicles, ranking, forecast Sun, 05 Nov 2023 18:45:53 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.2 Morocco 2023. Vehicle Market Down 12.4% In September https://www.focus2move.com/moroccan-cars-market/ Sun, 05 Nov 2023 19:00:25 +0000 http://focus2move.com/?p=31327 Moroccan Cars Market in September 2023 falls for the 2nd month in a row, reporting 10,924 new registrations (-12.4%). YTD figures at 113,197 are up 0.3% from the previous year.

]]>
Moroccan Cars Market in September 2023 falls for the 2nd month in a row, reporting 10,924 new registrations (-12.4%). YTD figures at 113,197 are up 0.3% from the previous year.

Market Trend and Outlook

Recently released preliminary national accounts data showed the economy expanded 2.4% year on year in the third quarter, marginally up from Q2’s 2.3% rise. The result revealed resilient growth in the face of September’s devastating earthquake, which claimed the lives of nearly 3,000 people and caused widespread damage. The mild growth acceleration was largely driven by the agricultural sector.

In fact, the Moroccan Vehicle Market in September 2023 falls for the 2nd month in a row, reporting 10,924 new registrations (-12.4%). YTD figures at 113,197 are up 0.3% from the previous year.

Looking at cumulative data up to September 2023 brand-wise, Dacia is still the leader with 24,944 sales (-14.0%), followed by Renault at 16,922 (+8.6%), Hyundai at 11,902 (+11.3%) and Peugeot at 8,148 (-4.6%).

Volkswagen jumps 3 spots into 5th with 7,326 sales (+68.6%), in front of Opel at 5,100 (-5.0%), Fiat at 4,735 (+14.2%).

Toyota ranks in 8th spot with 4,158 registrations (-28.1%), followed by Citroen at 4,010 (-14.6%) and Kia, closing the Top 10 with 3,769 new registrations (+1.5%).

Looking at specific models the Renault Kangoo Express becomes the new best seller rising 2 spots in the rankings despite losing 5.3% in year-on-year volume, followed by the Dacia Logan down 28.1%.

Medium-Term Market Trend

The Moroccan light vehicle market from 2010 to 2014 fluctuated between 105,079 in 2010 and a peak of 118,438 in 2012. In 2015 started a positive trend that would continue until 2018 where sales ended at 159,317. In 2019 light vehicle sales began to fall down to 154,174.

The negative momentum continued into 2020 with the market falling 19.0% to 124,829, partially due to the arrival of the pandemic.

Luckily the light vehicle boomed in 2021 reaching the current all-time high at 175,435 (+40.5%). The market rebounded in 2022 and registrations are projected to fall 5.0% to 166k by the end of the year. A combination of factors are behind the current industry struggle: the disruption in the global supply chain caused by a lack of raw materials, in particular for the production of microchips and Governments push towards Evs, an expensive alternative for low income consumers.

Tables with sales figures

In the tables below we report sales for top 10 Brands.

This content is for members only. Visit the site and log in/register to read.
]]>
Morocco 2022. Vehicle Market Posts A 10.3% Decline In Sales https://www.focus2move.com/moroccan-cars-market-2022/ Fri, 03 Feb 2023 11:00:32 +0000 https://www.focus2move.com/?p=79075 Moroccan Cars Market in 2022 totals 150,475 sales (-10.3%). December falls for the second month in a row, with 13,979 new registrations (-20.5%).

]]>
Moroccan Cars Market in 2022 totals 150,475 sales (-10.3%). December falls for the second month in a row, with 13,979 new registrations (-20.5%).

Market Trend and Outlook

Final data from the Moroccan Vehicles Market shows a 10.3% decline in sales in 2022 compared to the prior year. New registrations amount to 150,475. December confirms the downtrend set in the first half of the year, dropping for the second month in a row, with 13,979 new registrations (-20.5%).

Looking at cumulative data from 2022 brand-wise, Dacia is still the leader with 38,885 sales (-11.7%), followed by Renault at 21,545 (+5.7%), Hyundai at 13,197 (+9.3%) and Peugeot at 11,543 (-6.2%).

Toyota jumps 2 spots into 5th with 7,556 sales (+8.6%), in front of Opel at 6,854 (-1.5%), Citroen at 6,219 (+15.4%).

Fiat secures 8th spot with 5,932 registrations (+21.3%), followed by Volkswagen at 5,830 (-15.8%) and Kia, closing the Top 10 with 4,908 new registrations in 2022 (-18.3%).

Medium-Term Market Trend

The Moroccan light vehicle market from 2010 to 2014 fluctuated between 105,079 in 2010 and a peak of 118,438 in 2012. In 2015 started a positive trend that would continue until 2018 where sales ended at 159,317. In 2019 light vehicle sales began to fall down to 154,174.

The negative momentum continued into 2020 with the market falling 19.0% to 124,829, partially due to the arrival of the pandemic.

Luckily the light vehicle boomed in 2021 reaching the current all-time high at 175,435 (+40.5%). The market rebounded in 2022 and registrations are projected to fall 5.0% to 166k by the end of the year. A combination of factors are behind the current industry struggle: the disruption in the global supply chain caused by a lack of raw materials, in particular for the production of microchips and Governments push towards Evs, an expensive alternative for low income consumers.

Tables with sales figures

In the tables below we report sales for top 10 Brands.

This content is for members only. Visit the site and log in/register to read.
]]>
Morocco 2021. Car Market Gains 27.3%, While Dacia Remains The Undiscussed Leader https://www.focus2move.com/moroccan-cars-market-2021/ Tue, 22 Feb 2022 10:19:17 +0000 https://www.focus2move.com/?p=74185 Morocco's car market in 2021 rises by 27.3% with 168,226 sales, reporting a very strong first half, followed by a progressively steeper drop in sales. Leader Dacia holds 26.4% market share and gains 20.5%.

]]>
Morocco’s car market in 2021 rises by 27.3% with 168,226 sales, reporting a very strong first half, followed by a progressively steeper drop in sales. Leader Dacia holds 26.4% market share and gains 20.5%.

Market Trend

The Moroccan car market this year recovered effectively from the pandemic crash of 2020, growing quickly in the first half of the year.

Renault, the first investor acting in the country, is improving local plant capacity and actually export in near 70 markets, while PSA is opening the first plant in the country.

Following four years of growth, the domestic light vehicles market established in 2018 the third all-time record in a string with 173,980 units. However, in 2019 the trend changed and due to lower demand and slow economic growth, ending the year at 160,200 units, down 7.9% from the previous year. 

Due to the COVID-19 pandemic sales fell in  2020. In fact, sales have been 129,414, reporting a decline of 11.6% compared to 2019.

In 2021 the year started positively for the Moroccan market, in fact, in Q1 44,217 units have been sold, reporting a 39.2% increase in sales compared to Q1 2020, and in Q2 sales started growing quickly, reporting a 231% increase in sales with 47,706 units sold due to the incredibly low sales volume registered in Q2 2020.

In Q3 sales remained almost flat (+0.3%) with 37,782 units sold, while in Q4 sales dropped 20.3% with 38,521 units sold.

Indeed, Full-Year sales for 2021 have been 168,226, reporting a 27.3% increase compared to 2020.

Morocco quarterly sales variation
Morocco quarterly sales variation

Brand-wise, this year the leader Dacia (+20.5%) lost 1.8% market share, followed by Renault (+44%), which gained 1.3% share. Peugeot (+59.9%) ended up third -up 1 spot- and gained 1.4% market share.

The most sold model in the country is the Dacia Sandero with 10,158 sales (+13.9%).

Tables with sales figures

In the tables below we report sales for top 10 Brands.

This content is for members only. Visit the site and log in/register to read.
]]>
Morocco 2020. Car market down 11.6% while the leader Dacia gains share https://www.focus2move.com/moroccan-cars-market-2020/ Mon, 25 Jan 2021 14:12:36 +0000 https://www.focus2move.com/?p=71185 Moroccan auto market in 2020 falls by 11.6% as the pandemic,  lockdowns and fall in tourism affect sales. Full-Year sales have been 129.414, while the leader Dacia keeps gaining market share (+0.7%).

]]>
Moroccan auto market in 2020 falls by 11.6% as the pandemic,  lockdowns and fall in tourism affect sales. Full-Year sales have been 129.414, while the leader Dacia keeps gaining market share (+0.7%).

Economic Environment

The economy shrank 9.0% on an annual basis in Q3, according to preliminary government figures, softening somewhat from the near 15.0% contraction recorded in Q2. An uptick in agricultural production is set to have driven the moderation, although continued contractions in the industrial and textile sectors will have weighed on overall output. This comes amid tumbling consumer sentiment, with the household confidence index dropping to a series-low reading in Q3.

Furthermore, a rapid increase in daily Covid-19 cases through October forced the government to extend the state of emergency to 10 November, boding ill for activity in Q4. Meanwhile, Fitch Ratings downgraded the country’s credit rating to BB+ from BBB-, effectively cutting it to junk status, due to the harsh impact of the pandemic on the country’s finances and debt levels.

 

Market Trend

The Moroccan car market has been hit in 2020 by the world-wide COVID-19 pandemic and by the consequent drop in tourism, which has impacted sales significantly.

Renault, the first investor acting in the country, is improving local plant capacity and actually export in near 70 markets, while PSA is opening the first plant in the country.

Following four years of growth, the domestic light vehicles market established in 2018 the third all-time record in a string with 173.980 units. However, in 2019 the trend changed and due to lower demand and slow economic growth, ending the year at 160.200 units, down 7.9% from the previous year. 

After starting the year with a positive trend, the market quickly collapsed in March as the virus struck. The sharpest drop in sales this year was in April when sales declined by 90.2%. The market quickly recovered, in fact, it was flat in July (-0.7%), and reported double-digit growth for the rest of the year except for December (-20.6%).

Indeed, Full-Year sales for 2020 have been 129.414, reporting a decline of 11.6% compared to 2019.

Brand-wise, this year the leader Dacia (-17.4%) gained 0.7% market share, followed by Renault (-34.2%), which lost 2.5% share. Hyundai (-15%) ended up third -up 1 spot- and gained 0.3% market share.

The most sold model in the country remains the Dacia Dokker with 8.722 sales (-28%), holding 6.7% share.

]]>
Morocco 2019. Auto market lost 8.9%, while Dacia hit an all-time record https://www.focus2move.com/moroccan-cars-market-2019/ Sat, 11 Jan 2020 15:50:20 +0000 https://focus2move.com/?p=60567 Moroccan Cars Market in 2019 has lost terrain after three years of consecutive records. Indeed, Full-year sales have been 142.974, down 8.9% from the previous year. Renault Group controlled almost half of the market, while Dacia reached 30.9% of share.

]]>
Moroccan Cars Market in 2019 has lost terrain after three years of consecutive records. Indeed, Full-year sales have been 142.974, down 8.9% from the previous year. Renault Group controlled almost half of the market, while Dacia reached 30.9% of share.

Economic Environment

Moroccan economy softened slightly in the third quarter due to a sharp contraction in agricultural output, as rainfall deficits in early 2019 hurt cereal output. Moreover, the non-agricultural sector decelerated slightly on weaker momentum in retail and manufacturing.

Turning to the fourth quarter, economic growth should have picked up slightly due to stronger contributions from the mining and construction sectors, while upbeat tourist arrivals likely further supported domestic activity. However, the agricultural sector will likely have continued to drag on momentum.

Market Trend

Morocco Vehicles Market in recent years is one of the best in the entire African continent. Based on economic and political stability, the industry is skyrocketing thanks to the Automotive National Plan introduced few years ago, with a clear and substantial incentive in support to attract international investors to develop and produce vehicles locally. Renault, the first investor acting in the country, is improving local plant capacity and actually export in near 70 markets, while PSA is opening the first plant in the country.

Following four years of growth, the domestic light vehicles market established in 2018 the third all-time record in a string with 173.980 unis.

In 2019 the trend changed and due to lower demand and slow economic growth. Indeed, Full-year sales have been 142.974, down 8.9% from the previous year. 

The competitive landscape was dominated by the Renault Group controlling near half of the market. Dacia is the top brand with a share of  30.9%, signing the all-time record with an impressive growth from the 11.9% done in 2010.

In second place Renault with 14% of share, down 7 points of share from 2010, and in third Peugeot, marginally recovering with 7%, after the low 2018 score (6.6%).

Tables with sales figures

In the tables below we report sales for Top Brands

This content is for members only. Visit the site and log in/register to read.
]]>
Morocco 2018. Fourth All Time Record in a string https://www.focus2move.com/moroccan-cars-market-2018/ Fri, 01 Feb 2019 10:26:07 +0000 https://focus2move.com/?p=45230 Moroccan Cars Market grew 3.6% in the 2018 with registrations at 174.645, pushed by the LCVs segment, hitting the fourth consecutive all-time record. Dacia, the market leader with 28.2% of market share, is followed by Renault and Volkswagen.

]]>
Moroccan Cars Market grew 3.6% in the 2018 with registrations at 174.645, pushed by the LCVs segment, hitting the fourth consecutive all-time record. Dacia, the market leader with 28.2% of market share, is followed by Renault and Volkswagen.

Economic Environment

Moroccan economy gathered steam in the third quarter, buttressed by a pick-up in fixed investment–likely helped by recent reforms to attract FDI–and higher inventories, coupled with a modest acceleration of both public and private consumption expenditures. However, the external sector dragged on growth due to a marked slowdown of exports. In addition, available data suggests the economy slowed in the fourth quarter, weighed on by weaker activity in the industrial sector–and notably by a fall in mining and quarrying output amid a lull in phosphate demand.

Economic momentum should accelerate slightly this year and next. Robust tourist inflows, recent business-friendly reforms and resilient activity in key industrial sectors such as automotive and mining will support growth, although high youth unemployment will continue to be a key weakness.

Market Trend

Morocco Vehicles Market in recent years is one of the best in the entire African continent. Based on economic and political stability, the industry is skyrocketing thanks to the Automotive National Plan introduced few years ago, with a clear and substantial incentive in support to attract international investors to develop and produce vehicles locally. Renault, the first investor acting in the country, is improving local plant capacity and actually export in near 70 markets, while PSA is opening the first plant in the country.

The domestic market is growing year after year, hitting in the 2018 the fourth all time record in a sting. Indeed, thanks to the robust demand on the LCVs segment, the year ended with registrations at 174.645, up 3.6%.

The competitive landscape in the 2018 has been dominated by the Renault-Nissan Group which had the control near the half of domestic sales, with Dacia market leader with 48.994 sales (+4.1%) ahead of Renault with 23.062 (-2.9%).

Tables with sales figures

In the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 Models

This content is for members only. Visit the site and log in/register to read.
]]>
Morocco Automotive Market Report 2010-2025 https://www.focus2move.com/morocco-automotive/ Fri, 16 Nov 2018 06:20:32 +0000 http://focus2move.com/?p=29819 Morocco Automotive Market Report 2010-2025 features historical data and insights plus professional forecast on new vehicles sales by type, manufacturer, brand and model providing an easy-to-use picture of current and future competitive landscape.

]]>
Morocco Automotive Market Report 2010-2025 features historical data and insights plus professional forecast on new vehicles sales by type, manufacturer, brand and model providing an easy-to-use picture of current and future competitive landscape.

Market Trend

Morocco Vehicles Market in recent years is one of the best in the entire African continent. Based on economic and political stability, the industry is skyrocketing thanks to the Automotive National Plan introduced few years ago, with a clear and substantial incentive in support to attract international investors to develop and produce vehicles locally. Renault, the first investor acting in the country, is improving local plant capacity and actually export in near 70 markets, while PSA is opening the first plant in the country.

The domestic market is growing year after year, hitting in the 2017 the third all time record in a row, with 168.593 new light vehicles sold, up 3.1%.

In the 2018 the light vehicles market has been moderately positive until the end of the first half, before to lose 13.5% in the third quarter. Year to date September sales have been 123.360 (-3.3%) thanks to the robust trend of the LCVs segment which balance the decline of car passenger’s.

Research Contents

Focus2move Automotive Market Reports provide a comprehensive and extensive overview about this market including information on the cars and light commercial market size, market share and industry trends, with a deep segment analysis and full data for brands and models in the last two years, plus forecast by T.I.V:, segments and brand up to 2025.

We can help you gain further insight into the automotive market trends and gain valuable automotive consumer data.

Make sure you stay one step ahead of your competitors!

Focus2move’s market analysis can help you make informed business decisions by providing up-to-the-minute automotive industry intelligence.

Contents are:

Historical Data 2010-2017

1 – Global Vehicles Market Data 2010-2018
2 – Introduction to the country
3 – Market vehicles industry data & trends 2010-2017
4 – Performance by brand 2016-2017
5 – Premium Brands performance 2010-2017
6 – Car Passenger’s segmentation 2010-2017
7 – Car Passenger’s sales & share by Model 2016-2017
8 – Light Commercial Vehicles segmentation 2010-2017
9 – LCVs sales & share by model 2016-2017

Future Outlook 2018-2025

10 – Global Automotive Mega Trends
11 – Global Vehicles Market Forecast 2018-2025
12 – Local Vehicles Market Mega Trends 2018-2025
13 – Local Vehicles Market Forecast 2018-2025
14 – Brand Performance Forecast 2018-2025
15 – Car Passenger’s Segments Forecast 2018-2025
16 – LCVs segments Forecast 2018-2025

AX – Sources
AX – Methodology

To know more on the product and to see the Table of Contents, please click on the picture.

 

[contact-form-7] ]]>
Morocco 2017. Vehicles sales at third All Time record in a string https://www.focus2move.com/morocco-autos-market/ Thu, 25 Jan 2018 06:30:00 +0000 http://focus2move.com/?p=22462 Morocco Autos Market in the 2017 hit the third consecutive all time record, while auto export from Renault plant improved substantially. Renault-Nissan Group dominates the market with 47% of share, with Dacia leader ahead of Renault and Ford.

]]>
Morocco Autos Market in the 2017 hit the third consecutive all time record, while auto export from Renault plant improved substantially. Renault-Nissan Group dominates the market with 47% of share, with Dacia leader ahead of Renault and Ford.

Moroccan economy data for 2017 was largely upbeat, buoyed by the stunning rebound of the agricultural sector. Despite an unremarkable overall performance, industrial production saw notable gains in the manufacturing and mining sectors, the latter having benefit from strong global demand for phosphates.

Moreover, tourism grew at a healthy pace through June, although the pace of imports this year is likely to blunt any improvement to the current account deficit. Although Morocco’s economic prospects remain positive, the economy will decelerate sharply this year as the base effect related to a surge in agriculture production in 2017 fades away. Moreover, higher energy prices will add downward pressure on growth.

Morocco Vehicles Market in recent years is one of the best in the entire African continent. Based on economic and political stability, the industry is skyrocketing thanks to the Automotive National Plan introduced few years ago, with a clear and substantial incentive in support to attract international investors to develop and produce vehicles locally.

Renault, the first investor acting in the country, is improving local plant capacity and actually export in near 70 markets, while PSA is near to open the first plant in the country.

Domestic market is growing year after year and in the 2017 hit the third all time record in a row, with 168.593 new light vehicles sold, up 3.1%.

Renault-Nissan Group control the market with a total share of 47%. Dacia is market leader with 47.067 sales (+11.3%) and Renault is second with 23.761 (+37.1%). In third place Ford with 14.219 units (-4.8%) followed by Volkswagen with 12.564 (+4.6%) and Peugeot with 11.472 (-9.5%).

Tables with sales figures

In the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 Models

This content is for members only. Visit the site and log in/register to read.
]]>
Morocco 2016. New record up 23% https://www.focus2move.com/morocco-auto-sales-2016/ Sun, 05 Feb 2017 07:00:48 +0000 http://focus2move.com/?p=26108 Morocco Auto Sales 2016 at the new all time record, the second in a row, consolidating the rule as fourth African market. Dacia, Renault and Ford led the ranking while Volkswagen shines.

]]>
Morocco Auto Sales 2016 at the new all time record, the second in a row, consolidating the rule as fourth African market. Dacia, Renault and Ford led the ranking while Volkswagen shines.

Market Outlook

Morocco’s GDP grew a sluggish 0.8% annually in Q3 2016. A moderate acceleration in private consumption and robust fixed investment were just enough to offset the negative contribution from the external sector. Increased remittances and bank credits given to households were behind the increase in spending, as the labor market faltered in Q3.

Agricultural production should rebound this year, after severe weather slashed output in 2016. The non-agricultural sector is expected to accelerate thanks to strong fixed investment. FocusEconomics panelists expect growth of 3.9% in 2017, which is unchanged from last month’s forecast. For 2018, the panel also sees GDP expanding 3.9%

While the Automotive National Plan is attracting new investors and French car makers have expanded the local production, domestic vehicles market keeps growing and in the 2016 hit a new all time record, the second in a row, with a robust +23.6% at 163.024 units.

Morocco vehicles market is escalating the rank among the top African markets ending the 2016 in fourth place, after South Africa, Egypt and Algeria.

Dacia was market leader with sales up 13.1% followed by Renault, up 31.7% and Ford, up 23.7%. Fourth was Peugeot (+17.3%) ahead of Volkswagen (+67.0%), Hyundai (+1.0%) and Fiat (-10.2%).

Tables with sales figures

In the tables below we report sales for top Brands:

This content is for members only. Visit the site and log in/register to read.
]]>
Morocco best selling cars 2016 https://www.focus2move.com/morocco-best-selling-cars-2016/ Sun, 29 Jan 2017 14:10:46 +0000 http://focus2move.com/?p=26112 Morocco best selling cars 2016 dominated by Dacia models, with the Logan again in the first place as in all the most recent years. Protagonist of the year was the Ford Fiesta, jumped in 2nd.

]]>
Morocco best selling cars 2016 dominated by Dacia models, with the Logan again in the first place as in all the most recent years. Protagonist of the year was the Ford Fiesta, jumped in 2nd.

While the Automotive National Plan is attracting new investors and French car makers have expanded the local production, domestic vehicles market keeps growing and in the 2016 hit a new all time record, the second in a row, with a robust +23.6% at 163.024 units.

According to data released by the A.I.V.A.M. the Association of Vehicles Importers in Morocco, the best-selling model in the 2016 was the Dacia Logan with 13.198 units, confirming the last years leadership.

A great surprise was the second place gained by the Ford Fiesta, up 50.9% at 7.977 sales, dragging the brand up in third place.

The third best model was the Renault Clio with 7.642 units, up 62.7% and up 3 spots, followed by the Dacia Sandero with 6.847 units (+7.8%), the Dacia Dokker with 6.545 sales and the Dacia Lodgy with 5.654.

Tables with sales figures

In the tables below we report sales for  top Models

This content is for members only. Visit the site and log in/register to read.
]]>