UAE Vehicles Market in the first half of the 2017 was very disappointing following the record drop reported last year. Sales have been down 25% despite the almost positive data from the non-oil economy development. Kia is the only growing player among the top.
Saudi Arabia Auto Market in the first half 2017 had lost in double-digit still hit by low consumption and austerity measures, while oil sector is not recovering. On June 5th, Saudi started an economic embargo against Qatar, with escalation effects to not be ignored.
Cyprus Cars Market in 2016 kept recovering after the crisis with a strong increase over the previous year while still at the half of the record level. Ford market leader, ahead of Nissan and Volkswagen.
Emirates Auto Sales 2016 dropped down more than any other Top market in the World, hit by weak demand both from real internal demand and trading sector. All manufacturers fell down, but Infiniti and Jaguar.
Saudi Arabia Vehicles Sales 2016 at the sharpest decline in the last twenty years hit by oil price reduction and government actions to drain liquidity for budget. Toyota lost near 30% while Nissan advanced on podium.
UAE vehicles market in Q1 2016 in deep difficulties hit by low consumer demand and expectations for fiscal actions on the sector, not yet delivered by the government to absorb the low oil price economic lost.
India Auto Sales in February were below the expectation despite strong economic expansion. Renault was again booming thanks to the Kwid while Tata, Toyota and Honda struggle. The Hyundai Creta advanced in 7th place.