Oman Auto market was finally positive in the third quarter 2017 following a series of seven declining quarters. Thanks to huge government spending and a colossal budget deficit, private consumption are recovering. Toyota holds near 50% of share.
Oman Vehicles Sales 2016 dropped down at the lowest level in the last sixth years hit by economic crisis and budget constrain. However, the market leader, Toyota, has lost over the average losing the 50% share quota
Oman Cars Market in Q3 decreased in double figure due to the severe drop in oil revenues and economic delay. Toyota retained uncontested the leadership with Hilux, Land Cruiser, Land Cruiser P/U on top.
Saudi Arabia Vehicles Market in 2015 hit the new all time record, the 5th in a row despite impact of oil prices at 14-year low. The 2016 is foreseen down moving ahead the target of 1 million annual sales.
Saudi Arabia new cars sales hot again in the first half 2015 albeit fears for low oil price impact on domestic economy. The auto market scored the best first half ever at the end of 17th consecutive year on year growth.
Saudi Arabia Vehicles Sales Statistics were almost positive again in Q1 2015 albeit the fall of oil price in the international market. Car sales were reported up 6.3% at the best Q1 ever. Mazda was the fastest growing brand..
In 2014 Saudi Arabia Vehicles Market was the 15th largest worldwide hitting a new sales record, the fourth in a row albeit sharp cut of crude oil international price. Amazing performances scored by Kia and Renault.
Saudi Arabia Vehicle Market at record first half while clouds are over next future due to the negative convergence of many factors, including global slower economy, fight to terrorism and the huge re-call campaign involving Toyota.
Oman Vehicle Market was flat in the first half 2014 with strong performance from many Japanese brands, leaded by Toyota, a part a surprisingly weak Nissan, despite the success of new Patrol. The trend should keep horizontal for this year.
Q1 2014 Saudi Automotive industry rose 3%. Albeit this was the best ever first quarter for this market, local observers were disappointed by a lowered demand fearing for a possible data consolidation during the upcoming months.
Q1 2014 Oman Automotive industry rose 1% confirming its position as 35th global car market achieved with an impressive series of growing years. Still positive economic outlook will further push car demand up in the next months.
Q1 2014 Bahrain car market was sparkling and the fastest growing in the Gulf area, with light passenger’s vehicles sales grew 21.4% above 15.000 units, the best ever first quarter. Toyota pushed hard accelerating sales gaining terrain on all players.
In 2013 the Saudi Arabian light passenger vehicle market posted the third annual record in a row, despite a weak second half of the year. Toyota recorded over 300k sales while Ford advanced in third with over 50k and Geely jumped in 9th place.