Monday, May 25, 2026
31 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

Iran Executes Iraqi Citizens as UN and Rights Groups Condemn Rising Crackdown

Iran faced renewed international criticism on Thursday after authorities...

Iraq Oil Export Crisis Deepens as Baghdad Seeks New Routes Beyond Hormuz

Iraq moved quickly on Wednesday to protect its energy...

Gulf Security Crisis Deepens After Interception of Drones From Iraq

Military forces in the United Arab Emirates neutralized six...

Iraq Bans Plastic Bags in Bakeries Under New Environmental Measures

The Iraqi government approved major environmental restrictions on Tuesday....

Baghdad Activates New Transit Corridor Through Syria as Customs Modernization Talks Progress

Baghdad is changing its economic strategy. The central government...

Topics

Iran Executes Iraqi Citizens as UN and Rights Groups Condemn Rising Crackdown

Iran faced renewed international criticism on Thursday after authorities...

Iraq Oil Export Crisis Deepens as Baghdad Seeks New Routes Beyond Hormuz

Iraq moved quickly on Wednesday to protect its energy...

Gulf Security Crisis Deepens After Interception of Drones From Iraq

Military forces in the United Arab Emirates neutralized six...

Iraq Bans Plastic Bags in Bakeries Under New Environmental Measures

The Iraqi government approved major environmental restrictions on Tuesday....

Baghdad Activates New Transit Corridor Through Syria as Customs Modernization Talks Progress

Baghdad is changing its economic strategy. The central government...

Iraqi Graduates Protest Across Provinces Demanding Jobs and Economic Reform

A nationwide wave of protests unfolded as Iraqi graduate unemployment...

Shiite Political Rift Deepens as Iraq Coordination Framework Seeks Internal Unity Amid Cabinet Disputes

A widening Shiite political rift in the Iraq Coordination Framework has...

Iraq Orders All Armed Groups to Surrender Power to the State

The Iraqi government has taken a decisive step toward...

Related Articles