Bahrain Auto Sales were severely hit in March by the Coronavirus outbreak, as the Government imposed the closure of all non-essential commercial enterprises from March 26 onwards. Indeed, the vehicle market lost 35.6% in March with 1.905 sales, ending the Q1 at 7.148 (-3.6%).
Bahrain Auto Sales have sharply declined in 2019 hit by VAT introduction. Indeed, in the Full-year sales have been 31.836, down 18.1%. Controlling over one-third of the market, Toyota was on top of the list with a huge advantage over the top competitors, Nissan and Hyundai.
Bahrain Auto Sales interrupted the recent years' negative trend in 2018 with 38.872 units sold (+1.7%). Toyota, the market leader, fell down 6.3% while Nissan and Honda scored an impressive performance, improving over 20%. The introduction of VAT in January 2019 should penalize the start of the new year.
Bahrain Cars Market in 2014 hit the 4th all-time record in a row outpacing the level of 60.000 units first time ever. Impressive was the Toyota performance with over 44% of market share.