Car Sales Set For Growth But Stability Risk Remains

Figures released by the Association des Concessionaires Automobiles d'Algerie (ACAA) show that a total of 222,123 new cars were sold in Algeria in 2010 (excluding sales figures from the local BMW and Mercedes-Benz dealerships). This represents a slight decline on the 227,781 cars sold in the country in 2009 (according to ACAA data) and comes as Algerian consumers still found it hard to make new car purchases. However, BMI believes the market has now turned a corner and can achieve significant growth over our forecast period to 2015, although the main risk will continue to be political stability in the

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