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 2017 by 4.82% year-on-year (y-o-y) to 5,317 cars. This was triggered by the 4.27% yearly drop in the number of newly registered passenger cars to 4,982 and the 12.30% fall in newly registered commercial vehicles to 335.
In terms of brands, Kia kept on holding the largest share of the total newly registered cars (18.97%), followed by a 13.25% stake for Toyota. Hyundai came next in the ranking, as it grasped 12.77% of newly registered cars and was followed by Nissan that took 7.93% of the total.
In terms of sales per importer, Natco acquired the biggest bulk with a 18.34% of the total, followed by BUMC (13.26%), and Century Motors (12.77%).
Breakdown of Passenger and Commercial Cars by February