Car market in a jam after major dealers put plans on hold

摘要

The woes of the big automobile firms in Algeria could turn out to be a blessing for China's low-cost brands. The country's lucrative market, in turmoil since a mega-trial centring on the car assembly sector put the main dealers behind bars, looks like it is set for a long period of crisis.The Hasnaoui family group, which dealt in Nissan cars, in January announced its intention to apply for one of the government's new "provisional" authorisations. But according to our information, it has given up on the plan, discouraged by the persistent vagueness of the regulations governing car dealerships.