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

Industry / Kuwait

Full Autos Recovery Will Take Time

July 2010 | BMI Industry View

Kuwait's auto market is growing slowly but steadily in 2010, as economic recovery and renewed confidence gain momentum. Sales took a small dip in 2009 as the impact of the global financial crisis was felt, particularly in lower crude oil prices. With incomes and banking liquidity tightening, sales fell slightly to 119,133 units, from 122,632 in 2008.

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