According to the Association of Lebanese Car Importers (AIA), the total number of newly registered commercial and passenger cars continues to witness retreat as it shrunk by an annual 9.74% to stand at 32,907 by November 2018. This was triggered by the 9.45% yearly drop in the number of newly registered passenger cars to 30,785 and the 13.81% drop in the newly registered commercial vehicles to 2,122 by November 2018.
In terms of car brands, Kia grasped the largest share of 15.47% of newly registered passenger cars, followed by Hyundai and Toyota with shares of 13.03% and 12.73% respectively and Nissan with and 12.04 % of the total.
In terms of sales per importer, RYMCO acquired the biggest share of the total newly registered cars with 15.44%, followed by NATCO (14.52%), BUMC (13.04%) and Century Motor Co (12.47%).
In the Month of November, the total number of newly registered commercial and passenger cars decreased by 17.47% comparing to the same period last year.
Breakdown of Passenger and Commercial Cars by November 2018