The weakening dinar weighs heavily on the dealer’s performance
During Q2 2015, City Cars revenues amounted to TND33.3M against TND29.3M over the same period in 2014, i.e. a 13.7% y-o-y increase limiting revenues’ decrease to only 1.5% to TN66,27M. Thus, the dealer outperformed the dealership sector in Tunisia which reported an 8.4% decline in the number of sold vehicles during the first half of 2015 to only 24,921 units.For the first time, the brand KIA ranked first on the segment of passenger cars during the first half of 2015.
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