Algerian billionaires “boost” the import of luxurious cars by over 400%.

The imports of luxurious cars in Algeria increased by over 400% in 2008 marking a staggering hike compared with the previous year.

• These imports concern notably 4×4 drive vehicles, “Mercedes Benz” and “BMW” whose unitary price is estimated at around 10 million dinars in Algeria.
• 2.756 “Mercedes” cars were imported in Algeria in 2008 by very wealthy people for a financial package of around 3.441 million dinars.
• According to recent statistics collected by “Echorouk Al Yaoumi” from the Algerian customs services, these vehicle imports skyrocketed in the year 2008 to reach 447.91%.
• The imports of another high – brand car namely “BMW” increased by 199% in 2008 with 720 cars imported to the Algerian market.
• “Renault Algeria” is for its part on top of the ladder as to the number of cars sold in Algeria with 49.650 in 2008, or a 80.40% hike compared with the previous year.
• “Renault” is followed by “Hyundai” with 48.621 vehicles imported here in 2008 or 84.45% increase compared with 2007.
• In the third slot, we find the “Diamal” firm for the import of “Chevrolet” and “Opel” cars with 39.799 vehicles imported in 2008.
• “Toyota Algeria” comes fourth with 35.924 vehicles imported in 2008 followed by “Sarl Elsecom” for the import of “Ford” and “Marutti” cars with a total of 26.120 imported vehicles in 2008.
• Then, comes “Peugeot” which imported 25.820 vehicles in 2008 followed by “Kia Motors Algeria” with 14.000 cars for the year 2008.
• Furthermore, the import of “Nissan” vehicles reached 12.573 in 2008.
• Finally, the “Sarl Sovak” firm brought to Algeria 8.317 “Volkswagen” and “Passat” cars in 2008.
• According to customs’ figures, Algeria imported a total of 352.315 vehicles, all types taken together, in 2008 for 286.9 billion dinars.
• In 2007, the overall number of imported vehicles reached 217.742 for a financial package estimated at 172 billion dinars.