Saudi Auto Market

The Saudi auto market had a record first half sales this year, selling 412,921vehicle during the first 6 months of 2014, which represents 5.7% increase yearover year, however the future doesn't look as bright due to several factors. Therecent instabilities in Syria and decreasing oil prices will cast a shadow on salesfor the second half of this year and next year, according to Focus2moveestimates. The month of June ended with 62,836 vehicles, which represents10.6% increase year over year. Despite numerous recent recalls which involvedToyota, ,the brand is still on top of vehicles sold in KSA, commanding almost35% market share with over 150,000 vehicles sold. Second place goes toHyundai, which continues to prove its a worthy Korean competitor, sellingalmost 72,000 cars during the first half, and about 17.5 % market share.

Via: http://www.motory.com/en/news/saudi-auto-market-info-graph-443/