The most recent automobile sales figures, which were planned for AAAM by the Africa Automotive Information Network (AADN), have recently been revealed by the African Organization of Electric Motor Manufacturers (AAAM). Compared to 1,131,249 in 2021, sales had begun to revive, complying with a damaging pandemic hit in 2020, when we only sold 856,133 new units in Africa. However, although this renovation is encouraging, we must not fail to remember that the 2021 figure is still 20,000 systems below the 2019 overall of 1 150 842.
"The better brand-new vehicle sales volumes are promising as well as reveal that the marketplaces are supporting, as life on the continent and many various other places on the planet is normalizing progressively following the COVID pandemic," mentioned David Coffey, Chief Executive Officer of AAAM, in response to the 2021 brand-new lorry sales figures for Africa.
The market makers have reported this analysis and numbers for the complete number of sector sales. Heavy Industrial Automobiles are not included in the quantities for Sub-Saharan Africa because they are not reported. However, AADN estimates that there are less than 5000 devices annually. According to the evaluation analysis, the 2021 document shows that they sold 548,504 brand-new cars in North Africa.
In the Southern African Traditions Union, experts taped new lorry sales to be 499,087, and also to be 83,658 brand-new vehicles were marketed in the continuing to be parts of Sub-Saharan Africa. Despite the pandemic, Morocco, Egypt, and Tunisia increased their brand-new vehicle markets in 2021 over 2020, with just Algeria and other smaller-sized North African countries reporting a fall in new automobile sales quantities.
In 2021, Africa witnessed a big spike in sales. The brand-new automobile sales in South Africa rose by 32%. Yet we cannot neglect that the sales were still down 7% from the previous year. Sales in the remainder of Sub-Saharan Africa climbed up by 15% yet were down by 10% compared to the previous year's quantities.
While wrapping up, he claimed, "Our team believes that this positive fad in automobile sales will certainly continue right into 2022, with reported quarter one sales for 2022 being 9% higher than 2021, and that development will certainly begin to increase as even more African nations welcome the automation and also economic expansion possibilities presented by the continental automotive method, which could see new car sales accomplish 5 million systems annually by 2035,"