Arab Press

بالشعب و للشعب
Monday, Sep 01, 2025

Increase in car sales in 2022; Demand for new vehicles on rise

Increase in car sales in 2022; Demand for new vehicles on rise

The recovery of the automotive sector in the Kuwaiti market from the repercussions of the COVID-19 pandemic was driven by an increase in sales of about 86 different brands present locally by 13.4 percent between January 2022 and November 2022, reports Al-Rai daily.
Sales figures during 2022 reflected a high demand for new cars, in light of the many financial incentives that fueled this growth, including grants for retirees, and COVID-19 front-liner rewards for workers in most of the sectors due in the accounts of the beneficiaries, in addition to allowing the sale of work leave balances. Even if delayed, some moved in the direction of buying a new car due to this scenario.

These factors revived the movement of the automobile sector, despite the decline in the production of global factories as a result of the continuing “semiconductor” crisis, which reduced the number of cars imported into Kuwait. Statistics show that new car sales in Kuwait amounted to 102,629 vehicles during the first 11 months of 2022 compared to 90,497 during the same period in 2021.

The figures show that October was the bestselling in 2022 with about 11,378 modern vehicles sold, while January ranked last with 7,025 new cars sold. August ranked second with 10,613 cars, April third with 10,126 vehicles, and then June with 9,880 new vehicles. November came fifth with 9,776 cars, March in sixth place with 9,470 cars, and then February with 9,050 cars. May came in eighth place with 8,627 new cars sold, surpassing September, which came in ninth with 8,428 vehicles, and July, which came in tenth with 8,248 new cars.

This year was no different from the previous year, as Toyota continued to dominate in terms of the number of cars sold with the sale of 27,855 new vehicles during the period from January to November 2022, compared to 19,322 in the corresponding period in 2021, bringing its market share to 27.1 percent of the total number of vehicles sold during the first 11 months of 2022, and significantly outperforming the rest of the competitors, who recorded relatively close sales.

Nissan ranked second by selling about 7,661 new vehicles during the past 11 months, accounting for 7.5 percent of market sales.

Chevrolet came third by selling 7,559 vehicles, thus maintaining its same market share as of 2021, amounting to 7.4 percent of the number of cars sold.

Kia came fourth by selling 4,658 vehicles, accounting for 4.5 percent of the total number of cars sold during the first 11 months of 2021.

Ford ranked fifth by selling 4,399 modern vehicles, equivalent to 4.3 percent of the total market sales. Mitsubishi came in sixth place, selling 3,830 new vehicles, equivalent to 3.7 percent of the total number of cars sold, followed by MG, which rose to seventh place with a share of 3.7 percent by selling about 3,756 modern cars. Hyundai came eighth by selling 2,866 cars and accounting for 2.8 percent of new car sales in the local market during the period from January to November 2022. Lexus ranked ninth, selling 2,815 new vehicles, equivalent to 2.7 percent of total sales, while Honda ranked tenth, selling 2,787 new vehicles, bringing its market share of the number of cars sold to approximately 2.7 percent.
Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Israeli Airstrike in Yemen Kills Houthi Prime Minister
After the Shock of Defeat, Iranians Yearn for Change
YouTube Altered Content by Artificial Intelligence – Without Permission
Iran Faces Escalating Water Crisis as Protests Spread
More Than Half a Million Evacuated as Typhoon Kajiki Heads for Vietnam
HSBC Switzerland Ends Relationships with Over 1,000 Clients from Saudi Arabia, Lebanon, Qatar, and Egypt
Sharia Law Made Legally Binding in Austria Despite Warnings Over 'Incompatible' Values
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
Beijing is moving into gold and other assets, diversifying away from the dollar
Trump Backs Putin’s Land-for-Peace Proposal Amid Kyiv’s Rejection
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
Iranian Protection Offers Chinese Vehicle Shipments a Cost Advantage over Japanese and Korean Makers
United States Sells Luxury Yacht Amadea, Valued at Approximately $325 Million, in First Sale of a Seized Russian Yacht Since the Invasion of Ukraine
Saudi Arabia accelerates renewables to curb domestic oil use
Cristiano Ronaldo and Georgina Rodríguez announce engagement
Asia-Pacific dominates world’s busiest flight routes, with South Korea’s Jeju–Seoul corridor leading global rankings
Private Welsh island with 19th-century fort listed for sale at over £3 million
Sam Altman challenges Elon Musk with plans for Neuralink rival
Australia to Recognize the State of Palestine at UN Assembly
The Collapse of the Programmer Dream: AI Experts Now the Real High-Earners
Armenia and Azerbaijan to Sign US-Brokered Framework Agreement for Nakhchivan Corridor
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Germany’s Economic Breakdown and the Return of Militarization: From Industrial Collapse to a New Offensive Strategy
Germany Enters Fiscal Crisis as Cabinet Approves €174 Billion in New Debt
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
×