In the coming decade, Saudi Arabia will see its role in the globe’s automotive manufacturing scene shift gear, driven by strong growth in the Kingdom’s new car and aftermarket segment. Aadil Rashid Khan and Fares Al Salamah from Frost & Sullivan provide context to the trend.
With nearly 8 million passenger vehicles currently on the road, and about 650,000 new vehicles being added annually, Saudi Arabia is one of the largest automotive markets in the Middle East.
Traditionally, the largest part of the automotive chain – spanning…