Jordan Autos Report Q4 2016

Jordan Autos Report Q4 2016

Published: September 2016
Publisher: BMI Research
Product ref: 262255
Pages: 34
Format: PDF
Delivery: Immediate download

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BMI View: In 2017 the start of a turnaround in the fortunes of the Jordanian new vehicle sales market will begin, following a period of falling sales amid regional political and economic uncertainty.

Key Views
• Higher registration fees for 2016 (based on engine size) should see a move towards smaller, more fuelefficient cars by Jordanian consumers.
• Used car sales are being undermined by recent moves to hike import tariffs and vehicle ownership transfer fees, which have led to a protest strike by local used car dealers.
• For 2016 there has been a continued move on the part of Jordanian consumers away from the Korean manufacturers Hyundai and Kia towards Japanese manufacturers, led by Toyota.
• The government continues to promote the greater use of electric and hybrid vehicles.

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By market: Jordan (in Asia)

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