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Saudi Gazette report
RIYADH — The Saudi car market has solidified its position as a leading automotive market, making it one of the top 20 car markets globally.
The market represents more than half of all car sales in the Gulf Cooperation Council (GCC) countries.
The Zakat, Tax and Customs Authority (ZATCA) recently announced that over 160,000 cars were imported into Saudi Arabia during the 2022-2023 period.
In 2023 alone, 93,199 cars were imported, while 66,870 cars were imported in 2022.
According to ZATCA spokesperson Hamoud…