AMIC breaks down sales performance of the auto industry by company, model
AMIC breaks down sales performance of the auto industry in 2016 by company and model: Thirteen auto companies reported 15-80% year-on-year drops in sales volumes in 2016, according to data from industry group the Automotive Information Council picked up by Al Mal. (Just to be clear: The story focuses on volumes — the number of cars each distributor moved — not sales revenues, as self-reported to AMIC.) EGX staple GB Auto was one of the lucky few, reporting a sales dip in volume terms of just 0.1% in the year as it went on to accumulate a record market share. Skoda distributor ARTOC Auto posted the largest decline in volumes with a 79% y-o-y drop in 2016 on the back of an ongoing legal dispute between the distributor and the brand after Skoda unilaterally canceled a distribution agreement. Auto Jameel saw unit sales of Daihatsu cars fall 45.6% while Mansour Group reported a 32.5% dip in sales of Chevrolet 32.5% and 25.3% for Opel.
Smaller players are among those who posted gains, with bit player Subaru reporting the strongest sales growth in percentage terms at 92%. Lada and BYD distributors Al Amal came in second with a 56% jump in unit sales, followed by Fiat Chrysler Automobiles at 41%. MCV distributed brands scored sales growth of 12%, while Volkswagen and Audi distributor Egyptian Automotive saw unit sales of its models rise 10%.