Iraqi Cars Sales

Iraq. Hyundai & Mitsubishi shine in a market up 47%

Iraqi Cars Sales in 2019 kept wonderful momentum despite a deep fall in September 2019.  Kia held the biggest portion of market, while Hyundai ranks second with YTD sales booming at +140.4% . Toyota stands 3rd.

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Iraqi Cars Sales

Iraq 2018. Hyundai shines in a market fast recovering

Iraqi Cars Sales have taken a positive pathway and ended the 2018 with a robust +44.7% at 57.468 units taking full benefit from the end of the war with terrorists. While many OEMs are coming back in the country, Kia dominates with a market share over 50%.

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Iraq Cars Market in First Half 2016

Iraq 2017. Auto sales up 21%, but a new civil war is in place

Iraq Cars Market up 21% in the 2017 following the previous three years of sharp decline. However the new war against the Kurdistan Regional Government (KRG) following the independence referendum can limit the economic recovery.

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Iraq Vehicles Market in 2016

Iraq 2016. Market deeply down for the third year

Iraq Vehicles Market 2016 hit the third consecutive heavy fall in a series, dragged down by the oversupply in the global crude market. The Kia Frontier kept the leadership while Volkswagen shines.

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Iraq New Vehicles market

Iraq 2015. New Vehicles market dropped 40%

Iraq New Vehicles market dropped 40% in the 2015. The industry was severely hit by the economic crisis, with GDP down 2.9%, due to high military expenses and fall of 85% revenues from oil. Kia was market leader.

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