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KSA Automotive Industry  Technology Trends _ Infographic-3e42ad8a
Automotive

KSA Automotive Industry | KSA Automotive Market | Covid-19 Impact on KSA Automotive Industry: Ken Research

KSA Automotive Industry: Overview & Ecosystem Kingdom of Saudi Arabia, currently enjoys a strategic position in terms of geography & development of industries with growing economy & improving trade participation in the world. Their automotive industry provides opportunity of high growth with the absence of domestic manufacturing & core dependence on imports for domestic vehicle …

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‚Äôs 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 …