Emirates Automotive Market in 2022 totals 217,245 sales, a 2.0% increase from the prior year. December grows for the 2nd month in a row, with 18,570 new registrations (+8.2%). MG in 8th spot rises 87.1%.
Market Trend and Outlook
Following the sharp recovery scored in 2021 (+26.5), the light vehicles market has lost steam and increased moderately in the 2022. It is in fact still very far from the levels reached few years ago.
In 2022 the Light Vehicle Market totals 217,245 sales, a 2.0% increase from the prior year. Confirming the overall uptrend, December grows for the second month in a row, with 18,570 new registrations (+8.2%).
Looking at cumulative data from 2022 brand-wise, the leader Toyota at 66,504 sales is back over 30% market share with a 13.4% increase from the previous year. Nissan in second is lags far behind with 32,997 new registrations this year (-6.4%).
Mitsubishi maintains 3rd position with 28,577 cumulative registrations and a 10.6% growth in sales.
The Chinese MG keeps growing fast, increasing sales by 87.1% from last year. Thanks to an amazing performance in 2022, it has jumped 8 spots securing 8th position in the rankings.
Tables with sales figures
In the tables below we report sales for top 10 Brands
