How is the technological disruption gearing up the KSA Used Car Market for the long ride?: Ken Research The Used Car Market in KSA has witnessed a positive growth over the years supported by the increase in the millennial population in the country along with the entry of emergent players into the market. The rising trend in used cars over new cars indicates the buyer’s preference for purchasing used cars. Car dealers are… Read More »
Saudi Arabia Used Car Market Research Report to 2026: Ken Research How is used car Market Positioned in KSA? Overview: The Used Car Market in KSA has seen significant growth over the years supported by the increase in millennials population in the country along with the entry of emergent players into the market. The rising trend in used car over new cars indicates the buyer preference… Read More »
Saudi Arabia Used Car Market Outlook to 2026F- Driven by Boom in Online Platforms and increase in internet and smartphone penetration The report titled “Saudi Arabia Used Car Market Outlook to 2026F- Driven by Boom in Online Platforms and increase in internet and smartphone penetration” provides a comprehensive analysis of the status of the used car industry in Saudi Arabia. The report covers various aspect of the industry, revenue generated by the KSA Used Car Market,… Read More »
Future of Saudi Arabia Used Car Market Growth Rate: Ken Research How Is the Saudi Arabia Used Car Market Positioned? The Kingdom of Saudi Arabia is the largest automotive market in the GCC & the gulf region. It is an important market for car manufacturers and is home to various automotive OEMs. The growing disposable incomes of the people and the recent addition of women drivers… Read More »
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 »
In-Depth Analysis Of The Covid-19 Impact On The Used Car Industry In Saudi Arabia: Ken Research The global outbreak of the Covid-19 virus has led to massive disruptions in all industries, especially with sectors such as automotive, travel, hospitality & more. The looming public health crisis has claimed over 760 thousand lives globally as of 14th August 2020 and apart from that, it continues to pose a threat to the lives, livelihoods,… Read More »
Saudi Arabia Used Car Market Outlook to 2025: Ken Research The report titled “Saudi Arabia Used Car Market Outlook to 2025- By Market Structure (Organized & Unorganized), By Type of Car (Sedans & Hatchbacks, SUVs & Crossovers, Pick-ups and Luxury), By Brand (Toyota, Hyundai, GMC & Chevrolet, Ford, and Others), By Type of Sourcing, By Age of Vehicle (Less than 1 year, 1-3 years, 3-5 years… Read More »