GCC Automotive
Published at: 11 May 2016
The GCC countries of United Arab Emirates, Saudi Arabia, Qatar, Oman, Bahrain, and Kuwait have become increasingly attractive markets for automotive manufacturers and aftermarket parts and services. According to Frost & Sullivan, sales of light vehicles in the region are estimated to record a compound annual growth rate (CAGR) of 5.9% in the period of 2012-17 reaching 1.66 million units.
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