Bahrain Auto Sales had been almost negative during the Q3 keeping the very negative momentum while Bahrain fiscal and financial position become further more vulnerable and expected fiscal austerity will not help the industry.
Bahrain Vehicles Market 2016 down sharply falling back at the 2012 level, albeit positive signs reported in the fourth quarter. 2017 will be positive back waiting for 2018 3.5% rate VAT introduction. Hyundai shines.
Bahrain Cars Sales declined sharply in the third quarter of the year following the upwards trend started in the second half of the previous year, following years of record sales. The outlook is improving