Lebanon 2014. Cars Market hit the new All-time record

Lebanon Cars Market

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.

In December 2014 accordingly with data released by focus2move Research Team through local sources and the Lebanon Association of Car Manufacturers (A.I.A.), the total new Car Passengers sold in Lebanon have been 4.205, up a robust 23.7% from the correspondent month in the previous year.

Please note in this data Light Commercial Vehicles are not included (for an estimated 2.750 volume).

The last was the 8th year-on-year growing month in a series ending a very positive year for this industry.

Full Year 2014 sales in Lebanon have been 40.135, up 11.1% from 2013, hitting  the new all-time record volume beating the 2010 result.

The market is controlled by the Koreans with Hyundai maintaining the leadership with annual sales at 10.171 (+49.4%) and market share at 25.3%.

At the end of a not positive year, Kia was second (losing the leadership) with 8.870 sales (-0.9%) while the star of year was Toyota, third with 5.165 sales (+134.3%) thanks to the last generation Corolla success.

Nissan in fourth has lost a spot from 2013 with 5.061 sales (-4.0%).

The Top 4 brands held the 72.9% of market share with the fifth very far (Renault with 1.392 sales, +217.1%).

As far as the car groups performance and ranking, the leader was Hyundai-Kia with 47.4% of market share, ahead of Renault-Nissan with 16.9% and Toyota with 13.7%.

As far as best-selling models ranking, the  Kia Picanto took the leadership with 3.063 (+7.8%), followed by the Nissan Sunny with 2.916 sales (-4.9%) and the Toyota Corolla  with 2.738 units (+87.4%).

Tables with sales figures

In the tables below we report sales for Top Brands


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