Is it time for MENA’s car retail industry to shift online?

article author: 
Fri, 2021-04-02 22:58

DUBAI: The global pandemic has drastically accelerated digitalization in consumer-facing industries, offering vendors an opportunity to survive the current slump but also pave the way for sustained future growth.

Global car sales were expected to shrink by 9.4 percent by the end of 2020. Many factors have contributed to this slide, including the COVID-19 pandemic and the subsequent decline in consumer purchasing power, plus weaker economies, a reduced need for transportation, and crashing oil prices.

Kuwaiti men sit in a Bentley Continental GTC 2012 convertible automobile at a showroom in Kuwait City on February 13, 2012. (AFP/File Photo)
The global pandemic has drastically accelerated digitalization in consumer-facing industries, including car sales. (Supplied)
Main category: 


Special

Leave a Reply

Your email address will not be published.

Generated by Feedzy