Total Number of Registered New Cars fell by a yearly 11.46% in 2018

According to the Association of Lebanese Car Importers (AIA), the total number of newly registered commercial and passenger cars deteriorated by an annual 11.46% to stand at  35,301 by the end of 2018. This decrease was driven by the 11.31% yearly drop in the number of newly registered passenger cars to 33,012 and the 13.49% drop in the newly registered commercial vehicles to 2,289 by December 2018.

In terms of car brands, Kia maintained its top rank, with the largest share of 15.18% of newly registered passenger cars, followed by Hyundai and Toyota with shares of 13.08% and 12.59 % respectively and Nissan with a 12.10% of the total.

In terms of sales per importer, RYMCO acquired the biggest bulk of the total newly registered cars with 15.52%, followed by NATCO (14.25%), BUMC (12.89%) And Century Motor Co (12.52%).

Breakdown of Passenger and Commercial Cars by December 2018

 Total Number of Registered New Cars fell by a yearly 11.46% in 2018

Source: AIA

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