According to the Association of Car Importers in Lebanon (AIA), there was a 5.32% increase in the number of registered new passenger and commercial cars, reaching 26,901 vehicles by August, compared to the same period last year. This was due to the 5.61% year-on-year (y-o-y) surge in the registration of new passenger vehicles to 25,357 in the first eight months of the year.
Likewise, the number of registered commercial cars inched up by 0.65% y-o-y to 1,544.
Looking at the car sales brand breakdown, Kia topped the list with a 23.11% share of the total, followed by Hyundai (19.62%), Nissan (12.79%), Toyota (11.88%) and Renault (3.53%). 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 (18.89%), RYMCO (13.26%), BUMC (12.22%), and Bassoul Heneine (7.22%).
Total car registration by August 2014