- \n
- Private Passenger Cars: Sales surged by 24%, totaling 47.3 thousand cars compared to just over 38 thousand in the same period last year.<\/li>\n
- Truck Sales: Various categories of trucks saw a 4% decrease, with sales of 7.7 thousand units versus more than 8 thousand in the prior year.<\/li>\n
- Bus Sales: The bus segment recorded a significant decline of 16.7%, with 4.2 thousand units sold compared to over 5 thousand during the same period last year.<\/li>\n<\/ul>\n
Top Performers in the Automobile Market<\/h2>\n
Nissan<\/h3>\n
- \n
- Market Leader: Nissan took the lead with a 15.9% market share, selling 9.4 thousand cars.
![\"car-market-sales-2024-growth\n\"](\"https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/09\/nissan-1.jpg\")
<\/li>\n<\/ul>\nChery-Ghabbour<\/h3>\n
- \n
- Rising to Second Place: With a 12.2% market share, Chery-Ghabbour sold over 7.2 thousand cars.
![\"car-market-sales-2024-growth\n\"](\"https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/09\/chery-1.jpg\")
<\/li>\n<\/ul>\nChevrolet<\/h3>\n
- \n
- Drops to Third: Chevrolet moved to third with 6.9 thousand cars sold, holding 11.7% of the market.<\/li>\n<\/ul>\n
Toyota<\/h3>\n
- \n
- Fourth Place: Toyota reported a 10.9% market share with sales totaling 6.4 thousand cars.
![\"car-market-sales-2024-growth\n\"](\"https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/09\/toyota-3.jpg\")
<\/li>\n<\/ul>\nHyundai<\/h3>\n
- \n
- Consistent Sales: Hyundai sold over 6 thousand units, capturing a 10.2% share.
![\"nissan-leads-local-car-sales-2024\"](\"https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/09\/hyundai-1.jpg\")
<\/li>\n<\/ul>\nAdditional Market Players:<\/h4>\n
- \n
- MG ranks sixth, holding a 6.6% market share with 3.9 thousand sales.
![\"nissan-leads-local-car-sales-2024\"](\"https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/09\/mg-1.jpg\")
<\/li>\n - Kia comes in seventh with over 3.1 thousand cars sold, capturing 5.3% of the market.
![\"car-market-sales-2024-growth\n\"](\"https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/09\/kia.jpg\")
<\/li>\n - BYD follows in eighth place with sales exceeding 3 thousand units, representing 5.1% of the market.
![\"car-market-sales-2024-growth\n\"](\"https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/09\/byd-1.jpg\")
<\/li>\n<\/ul>\nRemaining Brands:<\/h4>\n
- \n
- Mitsubishi ranked ninth, achieving 1.7 thousand sales and a 2.9% share.
![\"car-market-sales-2024-growth\n\"](\"https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/09\/mitsubishi-3.jpg\")
<\/li>\n - Suzuki fell to tenth place with a similar share of 2.9% and sales of 1.7 thousand cars.
![\"car-market-sales-2024-growth\n\"](\"https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/09\/suzuki-2.jpg\")
<\/li>\n - Renault and Geely Abu Ghaly took eleventh and twelfth places, with market shares of 2.7% and 2.1%, respectively.
![\"car-market-sales-2024-growth\n\"](\"https:\/\/autoclub.app\/blog\/wp-content\/uploads\/2024\/09\/renault-1.jpg\")
<\/li>\n<\/ul>\nOther brands collectively sold 6.7 thousand cars, totaling an 11.4% share of the market.<\/p>\n
August 2024: Monthly Insights<\/h3>\n
The AMIC report highlights a strong performance in August alone, with over 8.3 thousand vehicles sold, reflecting a notable 33.9% year-over-year growth from 6.2 thousand sales in August 2023.<\/p>\n
This dynamic market environment underscores consumer preference shifts and strategic performance among top automobile brands, positioning the industry for potential continued growth in the remainder of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"
Automobile Market Sales in the First Eight Months of 2024 Surge by 15.8% The total car market sales in the first eight months of 2024 climbed by 15.8%, reaching 59.3 thousand vehicles compared to 51.1 thousand in the same period last year, according to the Automotive Market Information Council (AMIC) report reviewed by Al Borsa. …<\/p>\n","protected":false},"author":2,"featured_media":6106,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[44],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts\/6442"}],"collection":[{"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/comments?post=6442"}],"version-history":[{"count":1,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts\/6442\/revisions"}],"predecessor-version":[{"id":6443,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts\/6442\/revisions\/6443"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/media\/6106"}],"wp:attachment":[{"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/media?parent=6442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/categories?post=6442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/tags?post=6442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
- Mitsubishi ranked ninth, achieving 1.7 thousand sales and a 2.9% share.
- MG ranks sixth, holding a 6.6% market share with 3.9 thousand sales.
- Consistent Sales: Hyundai sold over 6 thousand units, capturing a 10.2% share.
- Fourth Place: Toyota reported a 10.9% market share with sales totaling 6.4 thousand cars.
- Drops to Third: Chevrolet moved to third with 6.9 thousand cars sold, holding 11.7% of the market.<\/li>\n<\/ul>\n
- Rising to Second Place: With a 12.2% market share, Chery-Ghabbour sold over 7.2 thousand cars.
- Market Leader: Nissan took the lead with a 15.9% market share, selling 9.4 thousand cars.