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Toyota leads Iraq's auto market, records 59% sales surge in H1 2024

Toyota leads Iraq's auto market, records 59% sales surge in H1 2024
Toyota leads Iraq's auto market, records 59% sales surge in H1 2024

2024-08-26 15:45:05 - From: Shafaq News


Shafaq News/On Monday, Japanese automaker Toyota emerged as the leading brand in Iraq's carmarket during the first half of 2024, according to a report released by"Focus 2 Move," a company specializing in automotive market data.

The reportrevealed that car sales in Iraq reached 11,022 units in June alone. Sales forthe year's first half totaled 69,072 vehicles, marking a 36% increase comparedto the same period last year.

Toyota ledthe market with 19,926 vehicles sold, reflecting a 59.2% increase in salescompared to the previous year. Kia followed in second place with 17,986 unitssold, a modest rise of 4.2%. Hyundai secured the third position with 7,980vehicles sold, representing a 21.3% increase. MG ranked fourth with 5,519 unitssold, up by 30.4%, while Suzuki came in fifth with 2,813 vehicles sold.Chevrolet followed in sixth place with 2,286 units.

Great WallMotors showed the most significant growth, taking the seventh spot with 1,381vehicles sold, an impressive 85.1% increase.

Chineseautomaker Changan ranked eighth with 1,335 vehicles sold, though it experienceda 6.3% decline. Chery fell three spots to ninth place, dropping sales 41.1% to797 units. BAIC closed out the top ten with 787 new registrations, marking an80.9% rise.