Total Number of Registered New Cars up by 2.54% y-o-y by December 2017

According to the Association of Lebanese Car Importers (AIA), the total number of newly registered commercial and passenger cars slightly rose by an annual 2.54% to stand at 39,863 by December 2017.

In details, the number of registered commercial cars increased by 3.65% year-on-year (y-o-y) to reach 2,641 by December 2017, and the number of registered passenger vehicles rose by 2.47% y-o-y to reach 37,222 cars by December 2017.

As for sales per importer, Natco, importer of Kia, acquired the largest stake of newly registered cars with 19.12% of the total, followed by RYMCO with 14.16%, Century Motor Co. and BUMC with 12.71% and 11.88%, respectively.

Number of new vehicles registered in Lebanon by December of each year

 

55

Source: AIA

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