Cumulative Lebanese Cars Market Expanded by 40.43% YoY by March 2026 to 3,265 Cars

According to market sources, cumulative Lebanese car market expanded by 40.43% year over year (YoY) by March 2026 to 3,265 cars.

On a monthly basis, the re-escalation of the Hezbollah-Israel war in March weakened consumer confidence and discouraged high-value and non-essential purchases such as vehicles, hence the monthly decline in cars sold by 16% to 958 cars in March 2026. The distribution of cars for March 2026 was as follows:

Furthermore, the leading sellers of vehicles in Lebanon were Toyota and Nissan with number of vehicles sold in March 2026 alone totaled 172 and 93 respectively.

It is interesting to note that in March 2026, the share of non-gasoline cars and SUV (Hybrid, Plug-in Hybrid and Fully Electric cars) recorded a total of 265 automobiles, distributed as follows:

Lebanon’s car market has faced significant fluctuations in recent years. Sales of new cars are much lower now compared to 2019 (5,934) before the financial crisis erupted. Currently, the demand for new vehicles is restricted by the absence of financing options, exacerbated by the lower purchasing power of the people. However, there has been some improvement in the past couple of years, and recent numbers up to March 2026 show more car registrations (3,265). Despite this increase, the number of cars sold is still much lower than the sales figures from 2019. This shows that while the market is indeed recovering, it still faces big challenges and is far from returning to its pre-crisis levels.

Year to Date (YTD) Growth of Registered Passenger Cars up to March (2019-2026)