City Cars SA
BBVMT:CITY18.00
TND
+0.30
(+1.69%)
ISIN
TN0007550015
Return %
Stock
S&P 500
1Y
- -
14.39
3Y
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81.42
5Y
- -
68.62
Capital Structure
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Company Description
- Sector
- Retail trade
- Industry
- Specialty stores
- Address
- Tunis Tunisia
- IPO Date
- Nov 29, 2013
- Similar Companies
- Business
- City Cars SA is a Tunisia-based automotive distributor that operates as the official and exclusive concessionaire for the Kia brand across the Republic of Tunisia. Founded in 2007 and headquartered in Le Kram, Tunis, the company is listed on the Tunis Stock Exchange under the ticker symbol CITY and is majority-owned by the Bouchamaoui-Chabchoub consortium. City Cars SA specializes in the importation, marketing, and distribution of motor vehicles, automotive parts, and technical after-sales services. The company's core product and service portfolio comprises: passenger motor vehicles, including city compacts, sedans, crossovers, and sport utility vehicles such as the Kia Picanto, Pegas, Sonet, Seltos, Sportage, and Sorento; light commercial vehicles and utility trucks, centered on the Kia K2500 platform; next-generation electrified vehicles, including hybrid, plug-in hybrid, and fully electric models such as the Kia EV6, EV9, and Niro; original equipment manufacturer automotive replacement parts, maintenance consumables, and automotive accessories; and comprehensive after-sales automotive care, including mechanical and electrical maintenance, body repair services, computerized technical diagnostics, warranty administration, and corporate fleet maintenance solutions. City Cars SA conducts its operations through specialized subsidiaries, notably City Cars Gros S.A.R.L. for the wholesale distribution of spare parts and Logistic Cars S.A.R.L. for vehicle transport, storage, and pre-delivery inspection logistics. The company caters to individual retail customers, commercial businesses, and corporate and public sector fleet clients through an extensive nationwide network of proprietary flagship showrooms and authorized independent dealer agencies across Tunisia. In recent developments, City Cars SA has accelerated its electric mobility transition by rolling out new battery electric and hybrid vehicle models to meet evolving domestic demand for sustainable transportation. The company has also expanded and upgraded its national dealership and service agency network, enhanced digital customer touchpoints for vehicle ordering and service scheduling, and adapted its operational treasury and supply chain management to comply with tightened Central Bank of Tunisia import financing regulations while preserving its leading market share in the Tunisian automotive sector.