Qatari Vehicle Market still struggle in the 2019 after five years of consecutive decline and is projected to fall below the 50.000 units, the half of the all time record established in the 2014. Decision to postpone the VA introduction at January 2020, has not sorted the expected effect and the market is not yet recovering.
Qatari new vehicles kept falling in the 2018 despite the government decision to postpone the VAT introduction by one year. Sales fell down 6.3%, signing the fourth negative annual score in a row. Toyota was still dominating the market, with 31.1% market share.
Qatar Vehicles Market in 2017 reported a huge -25.6%, the worse performance within GCC area, down near 50% from the 2014 record. While the economy was recovering the Saudi-led boycott, after accuse of terrorism have reduced tourism and disrupted import.
Qatar Auto Sales 2016 reported the sharpest fall in over 30 years, hit by the worst economy deceleration in the last twenty years. All top players have lost sales, but Lexus, sixth and up in double-digit.
Qatar Autos Sales hit by fall in consumption in First Half. The market was dragged down by the effects of low oil price. Lexus was brilliant improving sales and share thanks to the LX success.
Qatar Cars Industry in Q1 2016 fell down in double figure. Nissan was second with a big gap from Toyota which confirmed the leadership.
Qatar Vehicles Market in 2015 down hit by the sharp 20% Q4 fall. Toyota and Nissan resist on top while Koreans has lost in double-digit. Mitsubishi shines advancing in third place gaining over 21% of sales. The 2016 is at risk.
Qatar Vehicle sales rose in Q1 2014, keeping the growing trend at the best actually world-wide with 51 consecutive year-on-year growing month, a great news for the leader Toyota and for fast growing brands such as Land Rover.