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In 2024, Morocco's automotive sector experienced some turbulence, with domestic new car sales dipping by 0.71% year-over-year through April. Despite this downturn, the luxury vehicle segment has shown remarkable resilience, defying broader market headwinds. Data from the Association of Automobile......
New car sales in Morocco reached 48,948 units during the first four months of 2024, representing a slight decline of 0.71% compared to the same period in 2023, according to the Moroccan Association of Automotive Importers (AIVAM). In terms of segments, new registrations for passenger vehicles (PV) decreased......