Iraqi Cars Sales in 2022 reach 107,990 (+24.0%), the highest in 8 years. December grows for the 11th month in a row, with 11,892 new registrations (+73.8%). Suzuki jumps 15 spots into 7th.
Market Trend and Outlook
Following a sharp recovery reported in 2021 (+26.7%) the light vehicles market maintains the strong momentum in 2022, totaling 107,990 sales (+24.0%), the highest in 8 years. Indeed, December with 11,892 new registrations posts the 11 consecutive growth of the year (+73.8%).
Looking at cumulative data from 2022 brand-wise, the leader is still Kia with 29,904 vehicles sold this year(-5.2%), followed closely by Toyota which totaled 26,550 sales (+77.9%).
In third place ranks Hyundai with 10,917 new registrations, a 2.0% decrease from the prior year. Chery follows in 4th with 6,600 sales (+23.2%), in front of MG at 5,395 (+69.9%), Chevrolet at 5,128 (+53.6%) and Suzuki -up 15 spots- in 7th with 2,830 cumulative sales (+1535.8%).
Changan rises 2 spots into 8th with 2,824 sales (+73.1%), followed by Jeep at 2,737 (+1.9%) ad BAIC, closing the top 10 with 1,949 new registrations reported this year (+163.0%).
Tables with sales figures
In the tables below we report sales for top 10 Brands and top 10 models.
