Increasing Prices of New Cars with the Tripling of VAT rate and Shifting Preferences towards Online Platforms driving Used Car Sales in Saudi Arabia: Ken Research

Growth of Online Platforms: The last decade has witnessed the entry of various online auto classified platforms in the country such as Motory, Abi Sayara, Syarah, and more. The internet penetration in the Kingdom stood at ~93% in January 2020, highlighting the growing presence of consumers online. The majority of the leads for offline dealerships were… Read More »