More than 80 of the world’s leading automotive players are taking part in the Riyadh Motor Show 2012, the 29th international exhibition for motor vehicles, which opened recently at Riyadh Exhibition Center.
The event was ina
Saudi Arabia’s automotive accessories, repair and after-sales service equipment market will reach around SR9 billion ($2.4 billion) in the coming years, said industry experts ahead of a major automotive event in Riyadh.
Riyadh Motor Show 2010, the 28th international exhibition for motor vehicles, and Saudi Autoshop 2010, the 14th international exhibition for auto repair equipment, tools, parts and accessories, will begin tomorrow.
The concurrent shows wil
The automobile accessories, repair and after-sales service equipment market in Saudi Arabia is worth SR9 billion ($2.4 billion) as the Kingdom continues to claim the biggest share of the GCC car market, said the organisers of two upcoming mot
Automotive sales in Saudi Arabia is expected to reach over SR69.4 billion ($18.3 billion) this year amid increasing lending facilities as car loans account for up to 70 per cent of car sales, according to a report.
The Kingdom will also wi
Saudi Arabia's automotive sales value is expected to reach over SR80.6 billion ($21.5 billion) by 2014, according to a recent report by BMI.
The robust growth forecast is underpinned by the positive performance of the commercial vehicl
The car sales in Saudi Arabia, the Gulf’s largest automobile market, is expected to hit SR94 billion ($25 billion) by 2013 as the Kingdom remains economically and commercially resilient against the global downturn, said an expert.
Automotive sales in Saudi Arabia will reach 880,000 units by 2013, representing a 50 per cent increase from 2008 levels, according to recent studies.
Buoyed by the country's growing population and a positive economic growth forecast wh