According to the Association of Lebanese Car Importers (AIA), the number of newly registered commercial and passenger cars declined by 5.58% year-on-year (y-o-y) to 22,245 cars by July 2018. In details, the breakdown of the AIA’s statistics revealed that the number of newly registered passenger cars dropped by 4.64% year-on-year (y-o-y) to settle at 20,873 cars. Moreover, the number of newly registered commercial vehicles contracted by a yearly 17.89% to 1372 cars.
In terms of brands, Kia held the largest share of the total newly registered passengers cars (15.83%), followed by a 13.46% stake for Hyundai. Toyota came next in the ranking, as it grasped 13.10% of newly registered cars and was followed by Nissan that took 11.54% of the total.
In terms of sales per importer, RYMCO acquired the biggest bulk with a 15% of the total, followed by NATCO SAL (14.92% ) , BUMC (13.27%), Century Motor Co(12.92%).
Breakdown of Passenger and Commercial Cars by July
Source: AIA