Automotive sales fell 46.5% year-on-year in 1Q2017 to 26.5k vehicles, down from 49.6k during the same period in 2016, according to the latest report from the Automotive Information Council (AMIC), an industry body, picked up by Al Borsa. According to the report, sales of locally assembled vehicles were down nearly 46% year on year, while 47% fewer fully imported vehicles were sold. Passenger car sales declined 40% to 19,700 vehicles sold, down from 33,400 in the same period last year. Bus sales dropped nearly 55% y-o-y, with 2,955 units sold, down from 6,529, while truck sales for the period declined 60% to 3,888 from 9,735.
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