Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / Saudi Arabia

Uncertainty Rife Over Cost Of Import Ban

November 2011 | Industry News

There have been conflicting responses from officials and industry stakeholders regarding Saudi Arabia's ban on certain second-hand imported cars and spare parts. While Chamber of Commerce officials claim there will be very little effect on market growth and pricing, dealer representatives say parts prices will soar as a result. BMI believes that if there are any opportunities to be sought in the new car segment as a result, it will be in the increasingly popular small car

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