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In 2021, the sale of new cars in Saudi Arabia was led by Toyota with a share of 28.4 percent of the total sales, followed by Hyundai at 16.6 percent. The best-selling car model during that year was Toyota Camry for the first time since 2018.
In 2021, the sale of new cars in Saudi Arabia was led by Toyota with a share of 28.4 percent of the total sales, followed by Hyundai at 16.6 percent. The best-selling car model during that year was Toyota Camry for the first time since 2018.
Automotive sector trends in GCC
The vehicle market in the Gulf Cooperation Council (GCC) region has been expanding over the years. Saudi Arabia is the largest new automotive sales and auto parts market in the Middle East, accounting for an estimated 40 percent of all…