Total car registrations recorded 2,536 units (N 349, P 2,187) in Jan up from 2,057 units in Dec but down from 3,147 units 12 months ago.
New car registrations recorded 349 units in Jan up from 244 units in Dec but down from 429 units 12 months ago. Suzuki claimed a 30.7% share followed by Perodua with a 11.7% share. Financing share was 42.4% lower than the normal monthly average of 50%.
Preowned car registrations recorded 2,187 units, 21% up from 1,813 units recorded the previous month but significantly down from 2,718 units recorded 12 months ago. Toyota dominates this category with a 70.6% share (Vitz 1,015, Premio 234, Axio 106) followed by Suzuki with a 12% share (Wagon R 94, Alto 81). Financing share was 46.9% in line with the normal monthly average.
Premium brand car registrations recorded 155 units (N 65, P 90) in Jan significantly up from 101 units the previous month and 113 units 12 months ago. Mercedes Benz was the category leader recording 94 units (N 45, P 49) – C class 48 units (N 21, P 27), E class 13 units (N 12, P 1) followed by BMW recording 29 units (N 3, P 26) and Audi recording 27 units (N 13, P 15) – A1 9 units, A3 5 units.
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