Chinese auto manufacturers enters actively into the Algerian market

At the Algiers International Auto Show, the Great Wall pickup, Jiangling, Foton, Hafei and other Chinese auto manufacturers actively showed their new models, which indicated their optimistic resolution into the second largest auto market in Africa after South Africa.

Media reported that the Algerian government banning the import of second-hand cars at the end of 2005 stimulated the supply of low-priced new car. SAIC (Group) Wuling van cost only 5,000 euros. In addition, the Great Wall pickups are welcomed by the market with prices between 8,000 to 9,000 euros, 1,000 euros cheaper than that of South Korea or Japan.

According to the latest statistics released by the Algerian Customs, in 2006 Algeria imported 188,000 vehicles amounted to two billion U.S. dollars, of which more than 25,000 units were imported from China.

Data from China Ministry of Commerce showed that China-made cars began to enter the Algerian market since 2001 and maintained strong growth momentum in recent years.