Saudi car industry speeds up growth amid push to be a production hub.,

Feb Sun, 2025

RIYADH: Saudi Arabia’s automotive industry is experiencing significant growth, driven by government-led initiatives, a strategic geographical location, and ambitious plans to become a manufacturing hub.  These factors are transforming the Kingdom into a pivotal player in the sector’s global market. According to Karim Henain, partner at Bain & Co., key drivers of this growth include a young population, increased female drivers, and a substantial influx of expatriates, leading to over 600,000 new car sales annually.