Saudi Arabia Auto Market in 2022 totals 625,767 sales, the highest in 6 years and a 7.1% increase from the prior year. December confirms the uptrend, posting the 6th consecutive growth with 62,556 sales (+28.2%).
Market Trend and Outlook
In 2022 the Saudi Vehicle Market totals 625,767 sales, the highest in 6 years and a 7.1% increase from the prior year. December confirms the uptrend, posting the 6th consecutive growth with 62,556 new registrations (+28.2%).
Looking at cumulative data from 2022 brand-wise, the leader Toyota is back above 30% market share with sales up 23.4% at 197,577. Hyundai lags far behind in second, reporting 89,015 sales(-5.8%), less than half of Toyota’s.
In third place ranks Nissan with 36,288 sales (-5.2%), followed by Changan at 35,028 (+28.6%), Kia at 30,294 (+14.0%), MG at 30,026 (+24.4%) and Mazda in 7th with 25,280 new registrations (-8.1%).
The Chinese brand Geely secures 8th position -up 4 spots- with 22,084 sales and a 66.9% increase from the prior year. Chevrolet ranks in 9th with 21,938 sales (+12.0%) and Ford closes the Top 10 with 20,550 sales (-33.3%).
Tables with sales figures
In the tables below we report sales for top 10 brands.
