“Nissan Leads Local Car Sales, Toyota Dominates Imports in Q1 2024”

In the first quarter of 2024, Nissan secured the top spot in locally assembled car sales, while Toyota emerged as the leader in imported car sales.

Locally assembled car sales experienced a 10.8% decline, dropping to over 7,000 units compared to approximately 7,900 units in Q1 2023, as reported by the Automotive Market Information Council (AMIC).

Conversely, imported car sales surged by 44% to reach 6,300 units in Q1 2024, up from about 4,300 units in the same period last year.

Nissan, the Japanese automaker, dominated the locally assembled car market, capturing a 39.3% share with sales of 2,700 units.

Following closely, the Chinese brand Chery – Ghabour claimed second place with a 26.8% market share and sales of 1,900 units,

while Hyundai fell to third place with a 23.5% market share and sales of 1,600 units.

BYD secured the fourth position with an 8.1% market share and sales of 575 units.

In the imported car segment, Toyota led the pack with a 22.6% market share and sales of 1,400 units, according to the AMIC report.

MG followed in second place with an 18% market share and sales of 1,100 units,

while Kia ranked third with a 15% market share and sales of 950 units.

Suzuki and Mitsubishi claimed the fourth and fifth positions, respectively, with market shares of 9.5% and 5%.

Renault, Opel, Changan, Geely – Abu Ghaly, Chery – Ghabbour, and Haval rounded up the list, each with varying market shares and sales volumes.