New vehicle sales in Iraq experienced a significant decline in the first half of 2026, falling by 28.6% compared to the same period the previous year. Official dealerships reported a total of 59,264 units sold during this period. This downturn is attributed to a broader economic slowdown impacting the country. The report highlights a challenging environment for the automotive sector in Iraq. Details were released by IraqiNews.com, indicating a substantial year-on-year decrease in demand. This drop likely reflects decreased consumer spending and economic uncertainty within Iraq. Further analysis is needed to determine the long-term impact on the automotive industry.