Registered New and Commercial Cars increased by 7.77% by September

According to the Association of Car Importers in Lebanon (AIA), there was a 7.77% increase in the number of registered new passenger and commercial cars, reaching 30,515 vehicles by September, compared to the same period last year. This was due to the 8.22% year-on-year (y-o-y) surge in the registration of new passenger vehicles to 28,787 in the first nine months of the year. Likewise, the number of registered commercial cars inched up by 0.82% y-o-y to 1,728. Looking at the car sales brand breakdown, Kia topped the list with a 22.90% share of the total, followed by Hyundai (19.57%), Nissan (12.59%), Toyota (12.21%) and Renault (3.51%). As for the top five distributors in Lebanon by July, NATCO SAL had the highest share of 21.78% of the total, followed by Century Motor Co (18.85%), RYMCO (13.10%), BUMC (12.46%), and Bassoul Heneine (7.19%).

 

 

Total car registration by September 2014

Registered New and Commercial Cars increased by 7.77% by September

Source: AIA

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