The growing demand for passenger cars is backed by rising per capita income, improving road infrastructure, increasing completely knocked down (CKD) plants, etc. Also, rising demand for passenger cars coupled with an expected increase in the average selling price of the vehicles is expected to drive the market value of passenger cars in Saudi Arabia over the forecast
period.
Source: https://www.bharatbook.com/blog/elements-channelling-the-growth-of-the-saudi-arabia-tire-market
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