The auto market had a record first half sales this year in Saudi Arabia, with 412,921 vehicles sold during the first six months of 2014, representing a 5.7% increase compared to the same period last year, according to Saudi Gazette.
Toyota topped the sales chart, despite numerous recent recalls, capturing a 35% share of the market with over 150,000 vehicles sold, according to a research compiled by motory.com.
The second best-selling brand was Hyundai, with almost 72,000 units sold during the first half, about 17.5% market share. Third place went to Nissan, which sold almost 33,000 cars, or an 8% market share.
The Kingdom continues to be the largest market by automobile sales in the region. It has shown resilience in the first half despite the discouraging economic conditions.
However, the sales will slow down in the second half owing to a couple of political and economic factors.
Toyota topped the sales chart, despite numerous recent recalls, capturing a 35% share of the market with over 150,000 vehicles sold, according to a research compiled by motory.com.
The second best-selling brand was Hyundai, with almost 72,000 units sold during the first half, about 17.5% market share. Third place went to Nissan, which sold almost 33,000 cars, or an 8% market share.
The Kingdom continues to be the largest market by automobile sales in the region. It has shown resilience in the first half despite the discouraging economic conditions.
However, the sales will slow down in the second half owing to a couple of political and economic factors.
Source:
Mubasher
