Lebanese Cars Market in August was hit by another large sales drop (-43.7%) with 2.508 units sold. Toyota contained the losses, declining just 10.3% with almost 40% of share, while large drops were registered by Nissan and Kia. The best Top 10 performer was Lexus, booming 94.3%.
Lebanese Cars Market fell down 18% in the 2018 after the sharp increase of the previous year, closing with registrations at 39.074. Toyota was again the market leader, while Nissan - up 36.8% - gained the second position, ahead of Kia.
Lebanon Cars Market in 2017 was almost positive fueled by strong demand on light commercial vehicles, albeit the country is again inside a full of risks politic crisis, after Prime Minister Hariri resignation. The market is dominated by Koreans.
Lebanon Auto Sales First Half 2016 improved a little albeit the negative June. Hyundai and Suzuki gained one spot while the Kia Rio sedan ranked 4th thanks to a roaring performance.
Lebanon Vehicles Market in Q1 2016 kept the pace albeit negative economic environment. The auto sector is growing despite poor economic fundamentals. Kia consolidated the leadership with share over 20%.
Lebanon vehicles market in 2015 fell 25% following the incredible performance scored in the previous year. The market is mirroring the country difficulties, two years without a President, and weak internal consumption.
Lebanon vehicles sales statistics are in double-digit negative for the Q1 2015 following the all-time record scored by the market in the previous year. Fueled by the Corolla success, Toyota overtook Kia becoming market leader.
In 2014 Lebanon Cars Market hit the all-time record, first time above 40.000 units fueled by a strong Toyota attack to the Hyundai-Kia leadership. Kia Picanto was market leader ahead of Nissan Sunny.
Lebanon Vehicle Market at best First Half ever projects a full year 2014 sales volume above 38.000 units, a record volume achieved despite several internal and external political and economic difficulties. Toyota boomed volume.
November 2013 car market in Lebanon was heavy losing from year ago, keeping a down trend started in the summer. Hit by growing competition from old (Toyota, Ford, and Chevrolet) and new Chinese, the market leader Kia is falling down rapidly.
First half 2013 was really positive for the car market in Lebanon, with sales climbed 20.6%. In June the market grew 16.4% with Nissan performance really outstanding and better than Kia and Hyundai traditionally dominating the market.
The automotive sector in Lebanon was almost stable in recent years. Kia and Hyundai dominate the competition, having significantly gained share up to 45% of total. The market is also very positive for Nissan which got here one of best market share worldwide.