Top Selling Cars in Oman 2021
The vehicle market in Oman is one of the most promising and fastest-growing in the Middle East. Factors including workforce availability, R&D efforts, geographical advantage and government assistance all contribute to the success of Oman’s automobile sector. Car sales in the country are expected to rise sharply by 2026, thanks to a better economy and increased consumer spending power.
With the number of sales expanding at solid growth rates in the low-cost car sectors, new players continue to enter the market. There has been a steady rise in demand for passenger automobiles and light commercial vehicles. As demand for automobiles continues to grow, a number of OEM manufacturers, both domestic and foreign, are looking to expand their manufacturing operations in Oman. The government of Oman also places a high priority on the automotive sector and encourages foreign direct investment (FDI) in the sector.
Emerging economies’ expansion offsets the fall in established markets’ sales of traditional vehicles, such as gasoline and diesel-powered vehicles. The focus is on the user, and others are aiding governments throughout the world to develop their automotive markets by growing the adoption of autonomous vehicles. Models that are affordable tend to do well because the bulk of car buyers are from the middle class. In addition, car buyers place a high value on customer service and the availability of low-cost spare parts.
Car Brands and sales of individual cars
Oman’s new car sales will have risen year over year by 2021 to reach 72,190 units. Toyota’s portion of the market rises, while Nissan’s share of the market falls, but it remains the second-largest manufacturer in the world. As a result, Hyundai has risen to third place, but the real star of the year is MG, which has risen three positions and is now placed fourth overall.
In terms of market share, the Chinese automaker has overtaken Lexus, Isuzu, and Kia. Meanwhile, Mitsubishi, Mazda, and Honda are grabbing the final three slots in the top 10. Changan ranks 13th in its first full year on the market, while Ram, Land Rover, and Ford all saw considerable sales gains to break into the Top 20 in their respective segments.
While the Toyota Hilux has moved up one spot to occupy the number two spot in the models list, the Nissan Sunny has improved its market share. Previously ranked third, the Toyota Land Cruiser Pickup has fallen to fourth after passing the Land Cruiser. Toyota’s Fortuner, Hiace, and Corolla models have a lock on the Top 7’s final three slots. At number nine in the rankings for the first time, MG5 sales more than doubled from last year. This year’s best-selling new vehicle was the Toyota Corolla Cross, which sold the same amount of MG GTs as the Kia Sonet.
Conclusion
The introduction of new models and the availability of brand names are driving up the level of competitiveness, according to Oman Automotive Market research. Between 2019 and 2025, light vehicle sales are expected to rise from roughly 95 million to more than 106 million worldwide.
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