According to market sources, Lebanese car market expanded by 84.09% YOY by October 2024 to 7,163 cars.
On a monthly basis, 477 cars were sold in October 2024. The distribution of cars was as follows:
| Origin | Number of Cars Sold | Share of Total Cars Sold |
| Japanese Cars | 156 | 33% |
| European Cars | 117 | 25% |
| Chinese Cars | 110 | 23% |
| Korean Cars | 83 | 17% |
| American Cars | 11 | 2% |
| Total | 477 | 100% |
Furthermore, the leading sellers of vehicles in Lebanon were TOYOTA, HYUNDAI, and JETOUR with number of vehicles sold in October alone totaled 81, 48 and 41 respectively.
It is interesting to note that in October 2024, the share of non-gasoline cars and SUV (Hybrid, Plug-in Hybrid and Fully Electric cars) recorded a total of 108 automobiles, distributed as follows:
| Type of Car | Total |
| HEV | 69 |
| EV | 31 |
| PHEV | 8 |
| Total | 108 |
Lebanon’s car sector has undergone some fluctuations in the last 4 years, and sales of passenger vehicles were significantly lower than 2019 levels when cars were still being purchased through checks. Currently, the demand for new vehicles is restricted by the absence of financing options, exacerbated by the lower purchasing power of the people, though it has been improving in the past few years.
Growth of Registered Passengers Cars by October 2024
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