Number of Registered Cars Fell by 4.05% by February 2018

According to the Association of Lebanese Car Importers (AIA), the number of newly registered commercial and passenger cars deteriorated during the first 2 months of 2018 by 4.05% year-on-year (y-o-y) to 5,078 cars. This was triggered by the 4.78% yearly drop in the number of newly registered passenger cars to 4,744, which outpaced the 2.14% yearly rise in newly registered commercial vehicles to 334.

In terms of brands, Kia kept on holding the largest share of the total newly registered cars (16.92%), followed by a 13.27% stake for Toyota. Hyundai came next in the ranking, as it grasped 11.30% of newly registered cars and was followed by Nissan that took 10.08% of the total.

In terms of sales per importer, Natco acquired the biggest bulk with a 16.92% of the total, followed by BUMC (13.49%), Century Motors (11.30%).

Breakdown of Passenger and Commercial Cars by February


Source: AIA

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