Auto Hall’s consolidated turnover (CA) amounted to 2.46 billion dirhams (MMDH) for the first half (H1-2022), a decrease of 13% compared to the same period of the previous year.
This downward trend is explained by the decline in the automotive market during the first half of the year given the difficult context of 2022 combined with the lack of availability of vehicles caused by the shortage of semiconductors, Auto Hall said in a press release on its financial indicators. .
Thus, sales of the national automobile market for passenger cars (PCs) and light commercial vehicles (LCVs) fell by 11% compared to 2021 due to the persistence of the disruptions in global automobile production, but remain higher by 4 % compared to H1-2019.
→ Read also: Groupe Auto Hall officially launches the new car brand CHERY
In H1-2022, Auto Hall sold a total of 10,580 passenger cars/LCVs, for 83,831 vehicles sold on the market, representing a market share of 11.4%.
The Group benefited from the contribution of the used vehicle activity with the sale of 943 units for a turnover of 117 million dirhams (MDH).
In addition, as part of the strengthening of the partnership with Stellantis, an agreement was concluded for the marketing of the Abarth, Alfa Romeo, Fiat and Jeep brands from September 2022.
With MAP