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Saudi car sales ‘will hit $25bn in 2013’Saudi Arabia is currently the largest automotive market in the Gulf and car sales are expected to hit SR94 billion ($25 billion) in 2013, said a top official. “Today, the Kingdom is a major market with firm restrictions on t More… |
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VW 2011 car sales in Saudi jump 70pcGerman automaker Volkswagen’s car sales in the Saudi market through its sole dealer Samaco are up 70 per cent in 2011 compared to 2010. The company predicts further sales increase of 100 per cent in 2012 over 2011, citing full availability More… |
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BMW Mideast car sales up 11pcBMW Group Middle East reported a 11 per cent growth in its car sales during the January to October period and said it was on target to end the year selling more cars than in 2010. The premium automotive manufacturer delivered a total of 15 More… |
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Audi hits car sales recordGerman automaker Audi sold around 1,092,400 cars in 2010, exceeding the company’s annual sales forecasts, recording its best ever year in terms of sales. The Middle East recorded a sales number of approximately 6,300 units in 2010, an incr More… |
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Merc sees ME sales zoom in MarchMercedes-Benz Cars said it is witnessing solid sales in the Middle East and Levant region with reported deliveries of 1,415 for March up nearly nine per cent above the previous month. With this result, the company has maintained its market More… |
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Car sales slump may last 7 years: NissanGlobal car sales could take more than seven years to return to their 2007 levels of 69 million vehicles, Nissan Motors Co chief executive said on Sunday. "It may take more than seven years to come back to this (2007) level," Carlos Ghosn t More… |
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Credit crunch puts brakes on GCC car salesThe global credit crisis will make 2009 a challenging year for car sales in the Gulf region, according to top carmakers in the region. Land Rover, Mercedes-Benz of Daimler and General Motors are among those who have noticed a slowdown in t More… |
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Chrysler Mideast sales up 31pcChrysler International sales rose 31 per cent in the Middle East during the first half of 2008 compared to the same period last year, according to the company. Saudi Arabia sales topped the list in the region after which came UAE, Kuwait, More… |
