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 »
Saudi Arabia Car Finance Market Future Outlook to 2021: Ken Research How Car Finance Market is positioned in Saudi Arabia? Middle East is the one of the most lucrative regions for automotive industry. Saudi Arabia is the largest importer of automotive parts in Middle East and is the largest automotive market for both new and used cars in GCC. In the recent past, the Kingdom’s automotive… Read More »
Rising Demand for Low Priced Passenger Cars and Growth in the Car Rental and Leasing Sector Supported the Growth of Saudi Arabia Car Finance Market: Ken Research Increased demand for passenger cars from the middle income customer segment, the rising demand for commercial cars from the car rental and leasing market coupled with the increasing demand for used cars have contributed to the growth of car finance market in Saudi Arabia. The report titled “Saudi Arabia Car Finance Market Outlook to 2021–… Read More »
Rising Used Car Demand and Increasing Focus of Banks on Consumer Finance to Stabilize the KSA Car Finance Market Growth: Ken Research Amidst the price hikes in the new cars, the used car prices are falling thereby raising the demand for used and used car finance Introduction of VAT in 2018 is expected to adversely impact the demand for cars leading to a fall in the demand for car finance Increased focus of banks on consumer finance… Read More »
Saudi Arabia Car Finance Market Outlook to 2021: Ken Research The report titled “Saudi Arabia Car Finance Market Outlook to 2021 – Rising Used Car Demand and Increasing Focus of Banks on Consumer Finance to Stabilize Growth” which provides an extensive analysis of car finance market in Saudi Arabia. The report covers market size on the basis of credit disbursed, number of cars financed and… Read More »
