Feb 08 2018

Strong Q4 in 2017 gives cushion for carmakers in Gulf Markets

A lot of happenings in the fourth quarter of 2017 are providing some cushion to more sober start in the initial weeks of 2018. Support is also coming from those states where VAT has not yet implemented.

It was expected that car sales will come to a halt under the influence of VAT factor. But, by and large, buyers are still making it to the showrooms and deals are happening.