Auto sales fall 30% y-o-y in September

The great auto industry slump continues, with sales in September falling 30% y-o-y, with 12,300 vehicles sold during the month, according to an AMIC report picked up by Al Borsa. 9M2017 sales dropped 38% y-o-y with around 96,200 vehicles sold. Passenger car sales dropped 25% to 9,600 cars, while bus sales took a huge hit of 53.5% to sell a measly 964 buses. Chevrolet was the top selling car in the month, with a 22.3% market share, followed by Nissan (16.5%), Hyundai (14.1%) and Toyota (8.2%).