According to the Association of Lebanese Car Importers, the total number of newly registered commercial and passenger cars grew by 2.65% year- on- year (y-o-y) to 2,636 cars by January 2018. In details, the number of registered commercial cars dropped by 0.68% y-o-y to 147, while the number of registered passenger vehicles rose by 2.85% to reach 2,489 by January 2018.
In terms of car brands, Kia maintained its top rank, with the largest share of 17.52% of newly registered passenger cars, followed by Hyundai and Toyota with similar shares of 11.13% and Nissan with an 11.09% share.
As for sales per importer, Natco acquired the largest stake of newly registered cars with 16.73% of the total, followed by RYMCO with 14.04%, BUMC and Century Motors with 11.57% and 10.70%, respectively.
Breakdown of Passenger and Commercial Cars by January