Tuesday, June 30, 2026
34.8 C
Baghdad

Toyota Leads Iraq’s Car Market in 2024

Baghdad, Iraq- Toyota emerged as the top-selling car brand in Iraq in 2024, surpassing competitors Kia and Hyundai, according to industry reports. The brand saw a 35.9% increase in sales, climbing one position from the previous year. Kia followed in second place with a 12.7% growth, while Hyundai secured third, recording a 36.2% rise in sales.

Among other brands, MG experienced a modest increase of 0.8%, whereas Suzuki, ranked fifth, achieved one of the most significant growth rates among the top 10 brands, with a surge of 120.9%.

The Toyota Hilux emerged as the best-selling model, with a 49.1% year-on-year increase in sales, followed by the Kia Frontier.

Iraq’s automotive sector is also witnessing a shift toward electric vehicles (EVs), with the market expanding by 164% in 2024. EVs accounted for 2.42% of total car sales. While still a small share, Iraq is expected to continue efforts to diversify its energy sources and reduce reliance on fossil fuels. Toyota dominated the EV segment, securing over 90% of sales, significantly outperforming other brands such as Lexus and Land Rover.

Hot this week

Anti-Corruption Campaign Gains Momentum as Muqtada al-Sadr Backs Government Crackdown

Muqtada al-Sadr threw his support behind the government's anti-corruption campaign on...

Azm Alliance Urges Fair Trial After Arrests of Muthanna al-Samarrai, Mohammed al-Karbouli, and Hind al-Abbasi

Iraq corruption investigation entered another significant phase after the Azm...

Iran-Iraq Diplomatic Talks Take Center Stage as Araghchi Meets Iraqi President in Baghdad

Iran-Iraq diplomatic talks continued on Sunday after Iranian Foreign Minister...

Iraq Anti-Corruption Operation Expands as Eight Suspects Move From Erbil to Baghdad

Iraq anti-corruption operation entered a new phase on Sunday after...

Iraq Braces for Scorching Heat as Temperatures Near 46°C This Week

Iraq heat wave conditions will continue throughout the coming week,...

Topics

Anti-Corruption Campaign Gains Momentum as Muqtada al-Sadr Backs Government Crackdown

Muqtada al-Sadr threw his support behind the government's anti-corruption campaign on...

Azm Alliance Urges Fair Trial After Arrests of Muthanna al-Samarrai, Mohammed al-Karbouli, and Hind al-Abbasi

Iraq corruption investigation entered another significant phase after the Azm...

Iran-Iraq Diplomatic Talks Take Center Stage as Araghchi Meets Iraqi President in Baghdad

Iran-Iraq diplomatic talks continued on Sunday after Iranian Foreign Minister...

Iraq Anti-Corruption Operation Expands as Eight Suspects Move From Erbil to Baghdad

Iraq anti-corruption operation entered a new phase on Sunday after...

Iraq Braces for Scorching Heat as Temperatures Near 46°C This Week

Iraq heat wave conditions will continue throughout the coming week,...

Iraq and Kurdistan Region Move Forward on Health Insurance Expansion

Kurdistan health insurance expansion moved closer to reality on Sunday...

Iraq and Iran Discuss Ali Khamenei Funeral Plans During Baghdad Talks

Ali Khamenei funeral plans became a major topic during high-level...

Iraq Anti-Corruption Campaign Gains Momentum as Parliament Backs Wider Crackdown

The Iraq anti-corruption campaign received fresh political backing on Sunday after...

Related Articles