Kuwait Vehicle Sales at highest level ever in First Half 2014.

kuwait vehicle sales GMC-Yukon_Denali_2015_

Kuwait Vehicle Sales at highest level ever in First Half 2014 with sales grew in double digit and projecting this year as the third annual record in a row. The market is sustained by strong economic factors and should keep this pace.

In June 2014 according to data released by focus2move Research Team and collected through local sources and Kuwait Authority for Transportation, the total new Light Passengers Vehicles sold have been 12.122, up 1.6% from year ago. In the First Half of the year sales have been 79.692, up 10.1% from year ago.

2014 Kuwait economy is growing fast thanks to oil and constructions sectors with the GDP projected at 5% (it was up 4.5% in 2013), low inflation rate, low unemployment and affordable interest rate.

The pro capita income is growing and the desire for a new vehicle is still strong among the new middle class. The result is the highest first half sales level ever achieved in the market and the projection of the new all-time record for the entire 2014 at 165.000 units, the third record in a row.

Following a relatively weak first quarter, in the second Toyota scored an amazing performance recovering the share lost and ending the first half above 35%, many points of share better than last year.

In second place, Nissan kept its wonderful momentum and enlarged the gap over the others with market share at 12.8%. Behind, there was Kia rushing with a great second quarter gaining the third place (from the 5th last year) few units ahead of Hyundai.

In the battle for premium segment leadership, Lexus kept a wide advantage over the second, the German BMW while the third was Land Rover. Mercedes and Audi are not performing in Kuwait as in the rest of Gulf area.

In the interactive tables below you can sort thru the Best-selling models ranking.

Wishing more info on this market or requiring the development of the KUWAIT Car Market Outlook to 2018, please use the contact form below.

Rank June Rank I Half Model June 2014 I Half 2014 June Var YoY I Half Var. Share May Share June Share Ytd
1 1 Toyota Prado 1.264 9.371 125,7% 85,6% 11,2% 10,4% 11,8%
2 2 Toyota Hilux 922 5.746 104,4% 55,0% 9,7% 7,6% 7,2%
3 4 Toyota Camry 612 3.020 87,7% 43,8% 5,8% 5,1% 3,8%
4 6 Toyota Corolla 448 2.646 5,7% 20,1% 2,7% 3,7% 3,3%
5 3 Nissan Patrol 330 3.064 166,1% 43,0% 2,7% 2,7% 3,9%
6 7 Toyota Land Cruiser 329 2.412 38,2% 25,0% 3,4% 2,7% 3,0%
7 16 Kia Sportage 209 907 207,4% 81,4% 1,2% 1,7% 1,1%
8 9 Hyundai Santa fe 203 1.236 101,0% 113,1% 0,8% 1,7% 1,6%
9 5 Nissan D22 200 2.952 -54,3% -13,7% 1,5% 1,7% 3,7%
10 8 Chevrolet Tahoe 198 1.765 2,1% 41,5% 2,9% 1,6% 2,2%
11 15 Honda Accord 184 931 40,5% 90,0% 1,1% 1,5% 1,2%
12 19 Kia Cerato 161 805 69,5% 37,6% 1,2% 1,3% 1,0%
13 17 Hyundai Accent 153 883 84,3% -5,0% 1,6% 1,3% 1,1%
14 31 BMW 5 Series 152 520 65,2% -23,8% 0,6% 1,3% 0,7%
15 12 Mitsubishi Pajero 144 996 -25,0% -24,6% 1,7% 1,2% 1,3%
15 10 Hyundai Tucson 144 1.206 -16,8% 10,1% 1,5% 1,2% 1,5%
15 33 Ford Taurus 144 512 -8,3% 20,5% 1,0% 1,2% 0,6%
16 13 Nissan Altima 134 978 1118,2% -3,1% 1,1% 1,1% 1,2%
17 25 Toyota Yaris 124 611 17,0% 91,5% 0,7% 1,0% 0,8%
18 14 GMC Sierra 123 934 -17,4% 20,4% 1,3% 1,0% 1,2%
18 20 Toyota Fortuner 123 744 -39,4% -2,7% 0,9% 1,0% 0,9%
19 22 Kia Sorento 120 667 103,4% 48,6% 0,9% 1,0% 0,8%
20 35 Volkswagen Touareg 115 488 -10,2% -17,7% 0,9% 0,9% 0,6%
21 38 Hyundai Sonata 109 470 60,3% -33,4% 0,7% 0,9% 0,6%
22 27 Toyota Aurion 108 603 -4,4% -2,7% 0,8% 0,9% 0,8%
23 40 Fuso Canter 106 461 0,8% 0,9% 0,6%
23 18 Dodge Charger 106 817 -5,4% 7,2% 0,9% 0,9% 1,0%
24 28 GMC Yukon 105 591 61,5% -9,2% 0,8% 0,9% 0,7%
25 26 Kia Optima 104 606 -37,7% -28,7% 0,8% 0,9% 0,8%








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