Business Services Industry
MOROCCO: RENAULT DOMINATES 35% OF NEW VEHICLE SALES.
IPR Strategic Business Information Database, October, 2006
According to Al-Sharq Al-Awsat newspaper (October 24, 2006), market sources reported that the French car manufacturer, Renaults, increased its market share in Morocco to 35.1% of the new car sales through the first nine months of the current year of 2006, up from 24.5% in the corresponding period of last year.
Renault's car sales jumped by 103% in Morocco in the same period. Renault is Europe's fourth largest car maker, known for vehicles like the distinctive looking Laguna Clio and Modus.
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