Introduction of Automotive Industry in Saudi Arabia

        The aim of the paper is to provide deep insights regarding the automotive industry of Saudi Arabia. In the recent years the automotive industry of Saudi Arabia has experience immense growth and provide variety of opportunities for the organizations. The major reason for the increase in automotive industry is the increase in demand of the vehicles in the region. In the paper the extensive literature review has been performed to evaluate the automotive industry in the country. Furthermore, the Concentration ratio and HHI index have been evaluated to know the size and growth of the automotive industry of Saudi Arabia. In this study the previous studies regarding the Saudi Automotive industry are evaluated to know whether the automotive industry is growing steadily over the years or not [1].

        Through literature review those issues will also be identified which the Saudi Automotive industry is facing. The articles which have been reviewed in the literature focus on the growth & development of Automotive sector. Toyota Corporation has dominated the sales in the country and have the highest market share. Hyundai cars have second largest market share in the country that is approximately 19%. Ford car has 8% market share and it has the third largest market share [2].

References of Automotive Industry in Saudi Arabia