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Flash Reports
Syria September. The market rebounds after the war

Syria

In English, the name “Syria” was formerly synonymous with the Levant (known in Arabic as al-Sham), while the modern state encompasses the sites of several ancient kingdoms and empires, including the Eblan civilization of the 3rd millennium BC. Its capital Damascus is among the oldest continuously-inhabited cities in the world. In the Islamic era, Damascus was the seat of the Umayyad Caliphate and a provincial capital of the Mamluk Sultanate in Egypt.

Syria September. The market rebounds after the war

Syrian Vehicles Market in the first nine months of the 2018 rebounded after the positive evolution of the internal war with terrorists. Vehicles sales grew up 28% at 7.982 units, fully benefit by the Korean brands, Kia and Hyundai, the only still operating in the country.

October 31, 2018

Syria 2017. Auto market down 90% since 2011

Syrian Auto Sales kept falling in the 2017 with the majority of car manufacturers having given up in the vehicles distributions leaving the market at the Koreans, basically the only still active in the market. Actual market is 90% down from 2011.

January 23, 2018

Syria 2016. Koreans are the only car makers surviving

Syria Vehicles Market 2016 kept falling down losing an additional 44 percent and landing at a volume lower than one tenth compared with the 2010. In the harsh environment, just Koreans manufacturers survive.

February 11, 2017

Syria 2015. Sales down again by 41%

Syria auto industry in the 2015 had further lost over 40 percent of volume. Several car manufacturers gave up, including Toyota and now the residual new vehicles sales are in the Koreans hands.

September 24, 2016

Syrian 2014. Vehicle Market dropped 47%

Syrian Vehicle Market dropped to 22.000 units in the 2014 losing over three-quarter respect the golden age just few years ago. It is dominated by Koreans that kept over 86% of market share. Hyundai Elantra is the best-selling model.

September 27, 2015