Saudi International Motor Show (SIMS) 2012
The increasing availability of credit financing as a result of the steady regional market revival is projected to boost domestic car sales from under 50% to over 70% in the next few years. The Saudi market for luxury cars is also growing especially in the major cities of Riyadh and Jeddah. Over $1 billion are sold in the kingdom every year and this figure is increasing by about 27% annually. This made the Saudi government place the development of the automative sector as one of their prime strategies in the strengthening of its industrial (non-oil) base.
It is very interesting to know that up to 70% of Saudi Arabia's potential buyers are ages between 18 - 29. These buyers look young in age but they are very manufacturers to make a strong impression on young, upwardly mobile demographics, especially in styling and modification.
- Arabtec workers stage strike in Abu Dhabi, Dubai
- Dell to start shipping Ophelia thumb PC next July
- Emirates says A380 wing repair is behind schedule
- SKAI Holdings announces $1bn hotel project on...
- Etihad Airways boosts services and operations...
- Noor Islamic Bank reports net profits of Dhs75....
Tools and Options
Organiser Contact Details
Pince Sultan Bin Salman Street, Professionals Institute Building
The information listed in the AMEinfo.com Event directory is updated continuously and the above details are accurate to the best of our knowledge. AMEinfo.com is not to be held responsible for the accuracy of the information listed nor can AMEinfo.com be held liable for any loss as a result of inacurate information.
If you are aware of any inaccurate information, please report errors to our editors and provide them with the updated details. You may also claim ownership of this record by clicking the 'Edit' option at the top of the page - this will allow you to edit the current entry in our database, provided you are granted ownership of the entry.
© 1996-2013 AME Info FZ LLC / 4C. All rights reserved. Replication or redistribution of AMEinfo.com content is expressly prohibited without the prior written consent of AME Info FZ LLC / 4C.