Finance

Tunisia: Volkswagen, most sold car brand in first 9 months of 2016

Monday, 17 October 2016 15:15

Volkswagen, the German car sold in Tunisia by ENNAL Automobiles is the most sold in the country, with 4, 300 units in the first nine months of 2016, an analysis published by stock market intermediary Mac SA. With a market share of 9.61%, it steals Citroën’s crown which led the rankings in 2015 with 5,201 cars sold, against 4,146 this year.

At the second position in the rankings is Japanese brand Isuzu, which sold 4,295 cars over the period considered, thus a market share of 9.60%. Next is South Korean Kia with 4,222 cars sold or a market share of 9.44%.

In regards to personal vehicles, Kia sold the most in Tunisia over the period studied.

Despite Tunisia’s current economic situation, the country’s automobile sector has been flourishing over the past four years, at the expense of the parallel market which slumped by 13.8% over the first nine months of 2016. Overall, its official automobile market sold at September 30, 2016, around 44,726 new vehicles, up 14.74% from what it did in 2015 (38,977).

Here is the top 10 of new cars sales by brand, at September 30, 2016.

Ranking 2016      Brand            Sold       Market share

1                     Volkswagen      4 300         9.61%

2                     Isuzu                 4 295         9.60%

3                     Kia                    4 222         9.44%

4                     Citroën              4 146         9.27%

5                     Renault              3 495        7.81%

6                     Peugeot             3 467         7.75%

7                     Fiat                    2 660         5.95%

8                     Hyundai            2 514         5.62%

9                     Toyota               2 399         5.36%

10                   Ford                   2 098         4.69%

Alain Okpeitcha

On the same topic
• IFC, Access Bank sign $10M deal to boost SME lending• At least 25% of loans reserved for women-led businesses• Program targets financial...
• Visa hosts compliance forum to strengthen Cameroon's financial system• Focus on AML, digital ID, and AI to boost trust, security• Aims to align African...
Gabon launches drive to clear domestic debt backlog Firms must submit verified claims by Sept. 30 deadline Plan aims to restore fiscal order,...
The Congolese franc has strengthened 6.7% against the US dollar this month, reaching its strongest level since Jan 2024. Tight fiscal and...

Most Read
01

WAEMU economy to grow 6.5% in Q3 2025, BCEAO says Growth driven by agriculture, extractives,...

Fueled by Oil and Farms, WAEMU Economy Accelerates, Projected to Grow 6.5% in Q3
02

Coca-Cola Beverages South Africa (CCBSA) is considering cutting over 600 jobs. This represent...

Coca-Cola Beverages South Africa Could Plan Up to 600 Job Cuts
03

• EU’s CBAM to charge €65–85/t CO₂ on imports of steel, aluminum, cement, fertilizers, power, h...

From Green Deal to Trade Barrier: The European CBAM Shock for Africa
04

From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...

Africa's Boundless Future: How a simple mobile phone became a pocket bank for millions
05

• Safaricom launches "Fintech 2.0" upgrade for M-Pesa platform• Boosts capacity, adds AI fraud tools...

Safaricom Retools M-Pesa for ‘Fintech 2.0,’ Eyeing a $14.5 Billion Market
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.