Saudi Arabia Autos Report Q4 2013 - New Study Released
BMI maintains an upbeat view on the Saudi new car sales market. New light passenger vehicle sales in Saudi Arabia reportedly increased by some 11% year-on-year (y-o-y) over H113, to just below the 400,000 unit mark. This growth bodes well for BMI's full-year target of total vehicle sales of 777,212. As such, we maintain our new car sales forecasts this quarter.
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