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Specialists expect a decline in car prices in Algeria

President Abdelmadjid Tebboune ordered an immediate review of the car import conditions book. And expedite the announcement of the accepted agents.

The President of the Republic, Abdelmadjid Tebboune, ordered an immediate review of the car import book of conditions. And expedite the announcement of the agents who have obtained approval.

President Tebboune's instructions came, while presiding over the cabinet meeting, where he stressed the obligation to provide an after-sales service network. Regionally and in major cities, as a condition for accepting their files. He also indicated that the law does not prohibit the individual import of cars.
Analysts believe that reviewing the car import conditions book will contribute to reducing the inflamed prices. But there are those who have reservations about the matter, saying that opening imports will not contribute significantly to breaking prices.
Nabash Al-Nahar Online: The car problem will be resolved in this case
In this regard, the former president of the Association of Car Agents, Youssef Nabash, told An-Nahar Online. The instructions of President Tebboune regarding the problem and chaos in this sector are clear, and the officials must implement the instructions of the President.
Youssef Nabash expected a decline in prices after the start of imports and the stability of the market. "The President of the Republic every time he speaks about this problem and gives explicit instructions, and we expect the officials to implement the orders," he said.
Youssef Nabash continued, "The concerned authorities must grant credits to agents who meet the conditions to start importing and solve the problem of cars in Algeria." 
Specialists expect a decline in car prices in Algeria
"Car prices will decline by up to 20 percent with the start of import," he added. It is true that the problem of cars is global, but the market will stabilize after the start of imports.”
Zabadi: The series of car imports has taken on other dimensions, and we are waiting for a breakthrough after the president's intervention
Mustafa Zabadi, head of the Consumer Protection Organization, said that the process of importing cars took on other dimensions. Waiting for a breakthrough after the intervention of the President.
The spokesman stressed the need for a breakthrough, especially since it has become one of the necessities, and the current prices have exceeded all expectations. He said that liberating it by special procedures is the only thing that would satisfy the market and meet the needs of citizens.
He also stressed that easing the conditions book for importing new vehicles will enable authorized agents to benefit from greater opportunities during the next stage. in operation.

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iTaouri: Specialists expect a decline in car prices in Algeria
Specialists expect a decline in car prices in Algeria
President Abdelmadjid Tebboune ordered an immediate review of the car import conditions book. And expedite the announcement of the accepted agents.
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