New Vehicles Overview (Light)

December 2025

Passenger cars
6,422
-10.6%vs last year
Light Commercial
2,341
-11.9%vs last year
Total New Vehicles
8,763
-11.0%vs last year

What's the month-by-month story?

In December 2025, vehicle registrations hit 8,763, down 32.6% from last month and 11% year-over-year, reflecting a sluggish market momentum that’s trailing behind recent trends.

New light vehicle registrations

Is the market up or down this year?

Passenger vehicles have shown a strong increase in volume, with commercial remaining stable.

Passenger cars
97,972
units this year
+12.3%vs same period last year
Light Commercial
33,882
units this year
+0.9%vs same period last year
Total New Vehicles
131,854
units this year
+9.1%vs same period last year

Which fuel types are winning in the market?

The passenger car market has been trending toward electrified vehicles, while commercial shows a small tilt toward plug-in hybrid. The passenger PHEV market showed doubled market share in 2025.

Market Share by Fuel Type
New light vehicles