Syria 2017. Auto market down 90% since 2011

Syrian Auto Sales

Syrian Auto Sales kept falling in the 2017 with the majority of car manufacturers having given up in the vehicles distributions leaving the market at the Koreans, basically the only still active in the market. Actual market is 90% down from 2011.

In addition to being a humanitarian nightmare, the on-going Syrian conflict has wreaked havoc on the country’s economy. And the damage to both human capital and infrastructure could keep economic growth muted going forward — even if the conflict ends within a few years.

Mirroring the fall in all economic indicators and the sharp decrease of popultaion, with near 5 million refugees having left the country since 2011, the automotive industry has collapsed losing near 90% from the 87.000 units of the 2011.

Full year 2017 have been 7.978 (-12.9%) with almost all manufacturers having interrupted to new vehicles sales distribution and leaving the ground to the few remaining brands, Kia, Hyundai, Nissan and Subaru.

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