According to the Association of Lebanese Car Importers, the total number of newly registered commercial and passenger cars slid by 1.00% year- on- year (y-o-y) to 2,571 cars by January 2017. In details, the number of registered commercial cars dropped by 18.82% y-o-y to 151, while the number of registered passenger vehicles rose by 0.37% to reach 2,420 by January 2017.
In terms of car brands, Kia maintained its top rank, with the largest share of 19.23% of newly registered passenger cars, followed by Hyundai, Toyota and Nissan with respective shares of 12.93%, 12.48%, and 10.33%.
As for sales per importer, Natco acquired the largest stake of newly registered cars with 15.22% of the total, followed by RYMCO with 15.13%, BUMC and Century Motors with 12.91% and 12.41%, respectively.
Breakdown of Passenger and Commercial Cars by January
Source: AIA