Total Number of Registered New Cars Rise in January 2018

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

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Source: AIA

 

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