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FINANCIAL NEWS
Saudi’s car sales up 5.7 percent in H1
03 Nov 2014
(MENAFN) Saudi Arabia’s car sales market witnessed an increase by 5.7 percent, with the selling of 412,921 vehicles during the January-June period of this year, Arabian Business reported.
According to the released number, Toyota topped the sales with a 35 percent share of the market with over 150.000 vehicles sold, while Hyundai came in as second with almost 72.000 units sold, which is about 17.5 percent of then market share and Nissan came in third, with almost 33.000 cars being sold, an 8 percent market share.
Saudi Arabia, which is the largest market for automobile sales in the region, has shown resilience in the first half, despite the discouraging economic conditions though it is expected that the sales performance in the country will slow in the second half of this year due to the political and economic situation in the region.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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