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KSA Automotive Industry  Technology Trends _ Infographic-17f01cf4
Automotive

KSA Automotive Industry Showing Promising Growth of ~12% (2014-2019) Via Efforts of Domestic Dealers Helping in Promoting OEM Brands by Local Retail Network: Ken Research

Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%. Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand Surge in …

KSA Automotive Industry-b49b6c1a
Automotive

KSA Automotive Industry Outlook to 2025: Ken Research

The report titled “KSA Automotive Industry Outlook to 2025 – Focus on Technology Adoption & Trends for Dealers, Distributors, Spare Parts Suppliers, Fleet and Leasing Companies and Car service providers” observed that the there is a vast opportunity to disrupt the traditional & conservatively operating automotive Industry in the Kingdom of Saudi Arabia. The report …