TRACTAFRIC MOTORS CI Q124
In the first quarter of 2024, the overall Ivorian automotive market decreased by10.20% with 6,725 new vehicles sold compared to 7,489 new vehicles sold in
Q123. Tractafric Motors CI's market share stood at 9.13% with 614 new
vehicles sold compared to 8.90% with 668 vehicles in Q123. Thus, revenues
decreased by 13.59% to stand at XOF 18.34 billion against XOF 21.23 billion
in Q123. This decrease is explained by lower sales of industrial vehicles due
to unavailability of the Hyundai brand
Hudson is an integrated securities firm, member of the West Africa regional stock exchange (BRVM) that offers a large array of financial services including brokerage, custody, sell-side research, investment management, investment banking and advisory, issuer services. Hudson's African and International client base includes governments, financial institutions, high net worth individuals, and corporate from various industries.
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