Kuwaiti Vehicles Market recovered 9% in November, reducing the annual gap within a single digit lost. The introduction of 5% VAT duties from January 1st 2018 is pulling ahead demand for private consumers.
Kuwait Auto Market kept momentum in the first half 2015 despite strong energy sector revenues cut with sales at the best level ever. Toyota improved the market share near 40%. The Prado was the best-selling model.
Kuwait Vehicle Market at All-Time record in the 2014, posting the third high in a row albeit this time the growth was really marginal. Toyota gained terrain on top of the list, while Geely is growing fast.