The Association of Lebanese Car Importers (AIA) maintains its negative market outlook despite the advertising efforts led by car importers. The importers attribute the market’s slump to the difficult general economic conditions and explain the preference for low-cost cars (less than $15,000) by the “absence of an adapted and structured public transport system”.
The registration of new commercial cars appears to be performing better than that of passenger cars. However, the bulk of registrations is still concentrated in the passengers’ segment.
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The-Car-Market-in-H1-2017- Commercial Cars Outperforming Passenger Cars