Saudi Arabia Autos Report


Posted October 5, 2016 by sharonwilliams

The commercial vehicle segment will under perform over the coming two years, as heavy vehicle demand is dampened by government cutbacks in infrastructure spending.
 
Marketreportsonsaudiarabia.com presents a new report on “Saudi Arabia Autos Report” Chinese brands Changan and Chery were launched in the country in May 2016, underlining our view that there remain opportunities in the lower priced car segment, despite the current market slowdown.

This quarter we maintain our negative near-term view on the Saudi Arabian Autos Sector. We continue to target a 26.2% fall in sales over 2016, although certain luxury brands may outperform.

Key Views
• The commercial vehicle segment will under perform over the coming two years, as heavy vehicle demand is dampened by government cutbacks in infrastructure spending.
• We continue to believe that the planned introduction of VAT in 2018 may prompt consumers to buy greater numbers of new passenger cars in 2017 before the tax is implemented.
• Chinese brands Changan and Chery were launched in the country in May 2016, underlining our view that there remain opportunities in the lower priced car segment, despite the current market slowdown.

Table of Contents
1. Autos Total Market - Historical Data and Forecasts
2. Passenger Car Market - Historical Data and Forecasts
3. Saudi Arabia - Top 10 Best - Selling Manufacturers
4. Commercial Vehicle Market - Historical Data and Forecasts
5. Mena Autos Production Investment
6. Population Headline Indicators
7. Key Population Ratios
8. Urban/Rural Population & Life Expectancy
9. Population by Age Group
10. Automotive Risk/Reward Index Indicators and Weighting of Indicators

For More Information Kindly Visit: http://www.marketreportsonsaudiarabia.com/industry-mfg-market-research-reports-10/saudi-arabia-autos.html

For More Related Reports: http://www.marketreportsonsaudiarabia.com/search/?q=Autos

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Issued By Sharon Williams
Website Market Reports on Saudi Arabia
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Country India
Categories Industry , Manufacturing
Tags automobile report , automotive industry , autos report , cars report , saudi arabia automobile report , saudi arabia automotive market , saudi arabia autos report , saudi arabia cars report
Last Updated October 5, 2016