The culprits for the slump in the automobile market have been the same since 2011. The AIA’s accompanying note with the monthly statistics still attributes the market’s slump to the same factors: a weak ... read more
The Lebanese car market is far from seeing new car registrations more than doubling in one year. Back in 2008, the number of registered new passenger and commercial cars rose by 15,845 to reach 34,543. ... read more
Making the decision to buy a car is very much attached to morale and morale has been low amongst the Lebanese. The economy has been subdued for almost five years now and policy inaction makes it unlikely ... read more
The Lebanese economy remained in a challenging position in 2015, however some improvements were achieved. Tourism activity reached a four-year high in 2015 with the number of tourist arrivals rising by ... read more
According to the Association of Car Importers in Lebanon, the downward trend in new car registrations extended to the first half of 2015 (H1 2015). The total number of new registered cars totaled 19,171 in ... read more
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