Returning to normalcy, sales increased 34.5 percent , Car sales have recovered in the last ten months, 71,106 new vehicles have been sold.

  • 06/12/2021


 Kuwait : According to new car sales figures in Kuwait from January to October last year, the sector was able to recover quickly and with the least amount of losses, exceeding expectations, as 71,106 new cars were sold in the first ten months of this year, a 34.5 percent increase over 52,828 vehicles sold in the same period of 2020, and a 4 percent increase over sales for the whole of last year, which totaled 71,828 vehicles.
According to official statistics received by Al-Rai, most of the local automobile manufacturers saw an increase in sales, which informed sources in the industry attributed to a variety of circumstances. According to official statistics obtained by Al-Rai, most of the local car brands saw an increase in sales, which informed sources in the sector attributed to a variety of factors, including a drop in travel rates, particularly in the first eight months of this year, prior to the reopening of Kuwait Airport.
At the beginning of August, the international airport was fully operational, and citizens' loan installments were postponed for a period of six months, resulting in the availability of "cash" in their hands, which boosted automotive sales.

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