According to the Association of Lebanese Car Importers, the number of newly registered commercial and passenger cars registered a slight drop of 1.88% year-on-year (y-o-y) to 29,985 cars by September 2017. This drop in the number of registered cars was mainly due to the 2.26% yearly fall in the number of newly registered passenger cars to 27,934 and the 3.64% growth in newly registered commercial vehicles to 2,051 by September 2017.
In terms of car brands, Kia attained the largest share of newly registered cars of 19.26%, followed by Toyota, Hyundai and Nissan with respective shares of 12.26, 12.04% and 9.11%.
As for sales per importer, Natco obtained the highest share of newly registered cars with 19.27% of the total, followed by Rasamny-Younis Motor with 14%, BUMC with 12.49% and Century Motor Co. with 12.05%.
Breakdown of Passenger and Commercial Cars by Q3
Source: AIA