In one of the largest consumer markets in the region, the high purchasing power of individuals in Saudi Arabia and the financing solutions available for the automotive industry form supportive factors to maintain the positive sales growth anticipated in the local market for 2016, as the supply and demand are calculated in accordance with the needs and requirements of the Saudi market.
With more than 855 thousand cars sold in the Kingdom of Saudi Arabia in 2015, competition among the automotive dealers increases to acquire a larger market share driven by the increased consumer awareness who are seeking to get the best offers.
Statistics from the Saudi Customs show that the Kingdom imported about 783.7 thousand new cars, and 43.1 thousand used cars in 2015, knowing that the Kingdom of Saudi Arabia has the largest number of cars in the Middle East.
In light of the above stated facts and figures, Riyadh Exhibitions Company continues its preparations for the launch of Riyadh Motor Show 2016.
This edition will be characterized by the size and diversity of the show which indicates the increased confidence of global auto manufacturers in the local and private exhibitions especially the Riyadh Motor Show.
Riyadh Motor Show, held under the patronage of the Ministry of Transport, is sponsored by Saudi Telecom Company as the communication sponsor, Alloy Wheel Repair Specialists as the distinctive sponsor, and Makeen Trading & Industrial Group as Logistics Sponsor for the People with Special Needs, in addition to the most active leading automotive brands in the local market.
Automotive Manufacturers, mechanics experts and companies from the automotive industry will reveal their latest models of cars and vehicles.
More than 100,000 local, regional and international visitors and automotive fans are expected to visit the Riyadh Motor show to be updated with the latest technologies in the automotive world, and be in direct contact with companies providing the best offers to promote their products and increase their market share in the Saudi market.
In addition to the participating companies’ activities, the organizing company has planned a competition for car tuning and customization, workshops and other surprises and activities which will be launched exclusively during the show, which will be held from November 29 until December 2, 2016 at the Riyadh International Convention and Exhibition Center.
Riyadh Exhibitions Company, the organizers of Riyadh Motor Show commented, “The competition between local agents and regional automotive companies aims to increase their market share in the Saudi Arabian market, one of the fastest growing markets in the world.”
The organizing Company added “The exhibition provides an ideal platform that gathers consumers with automotive representatives, and offers an opportunity to conclude deals and increase public awareness through direct communication between the merchant and the consumer. “