MENA Auto Market 2016: Key Major Players Are Volkswagen AG, Tata Motors Limited, Ford Motor Company, Hyundai Motor Company & Bayerische Motoren Werke AG (BMW)
It is projected that by the year 2022, car sales market in the Middle East will grow at double the rate in comparison with the North American and Western European markets. The UAE clocked the highest growth rate in new car sales globally in the period Jan-Aug 2015, recording a growth of 5.3% in sales year-on-year.Saudi Arabia is the largest car market in the Middle East and the market is dominated by Japanese brands. The country is also the largest...
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