Lebanese Cars Market, after starting the new year with an awful trend, reported a huge sales drop, as restrictive measures were imposed in Country in order to slow down the spread of the virus. Indeed, registrations collapsed by 64.6% in March at 1.261, ending the Q1 at 3.755 (-55.5%).
Qatari Vehicle Market, after registering a shy improvement in the first two months of 2020, reported a sharp decline in March, as prevention measures were imposed in the country in order to contain the Covid-19 outbreak. Indeed, sales fell 22.7% in March with 3.888 units sold, ending the first quarter at 12.346 (-7.8%).
Kuwaiti Vehicles Market in 2019 the market kept recovering with moderation. Full-year registrations in 2019 have been 114.605, growing (+6.6%) and the 2020 outlook is again moderately positive. Toyota held over 30% of market share while all other players stand well below.
Bahrain Auto Sales were severely hit in March by the Coronavirus outbreak, as the Government imposed the closure of all non-essential commercial enterprises from March 26 onwards. Indeed, the vehicle market lost 35.6% in March with 1.905 sales, ending the Q1 at 7.148 (-3.6%).
Syrian Vehicles Market was hit by a huge drop in March - worsening the already awful market conditions - as non-essential businesses were closed in mid-March in order to slow down the spread of the Coronavirus. Indeed, just 175 units were sold in March (-74.8%), ending the first quarter at 1.128 (-39.3%).