Morocco’s New Car Sales Surge 12.6% Despite Global Semiconductor Shortage

– byArmel · 2 min read
Morocco's New Car Sales Surge 12.6% Despite Global Semiconductor Shortage

While the semiconductor crisis is disrupting vehicle production all over the world, new car sales in Morocco continued during the month of September with particularly high registrations. The catch-up effect, compared to 2019, the return of free credit, and stronger demand for light commercial vehicles are the main reasons for this improvement.

Decidedly, the months follow each other and do not resemble each other, in this second half of 2021. This is the reading that can be made by comparing the monthly vehicle sales since the beginning of the year. The number of new registrations stood at 13,255 units, up 3.17% compared to the same month in 2019.

Up 12.64% compared to the end of September 2019, new car sales in Morocco amounted to 131,637 units for the first nine months of this year, according to the monthly statistics of the Association of Automobile Importers in Morocco (AIVAM).

Light commercial vehicles (LCVs) are up 28.26% with 16,026 units sold, while on the passenger car (PC) side, there was an increase of 10.77%, or a total of 115,611 units, the same source specifies.

In the ranking of best-selling PCs in September, the unbeatable Dacia is in first place with 32,747 new registrations since the beginning of the year (+4.61%), i.e. a market share of 28.33%. In second place, Renault boosted its sales, reaching 15,527 new units (market share of 13.43%). The Korean brand Hyundai is declining on the market with 9,493 units and 8.21% market share, and finally the fourth place goes to Peugeot which sold 8,070 vehicles, i.e. a market share of 6.98%.

For the premium brands, Audi occupies the first place in PC sales with 2,869 units at the end of September 2021. The brand with the rings holds a market share of 2.48%. It is followed by the German brand BMW which sold 2,457 vehicles, i.e. a share of 2.13% of the market. The other sales concern Mercedes (1,890 units and a share of 1.63%), Porsche (102.7% to 225 vehicles) and Jaguar (46.22% to 121 units).