Saudi Arabia, one of the Middle East's biggest car markets, could see the first drop in car imports in 10 years in 2009 as the financial crisis hits the oil-based economy, said analysts and traders.
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Saudi Arabia could see first drop in car imports in 10 years
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Toyota recall may spread to mideast, Africa, Latin America
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US recession may drag into 2010:
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World prices for oil gone down
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Merkel warns 2009 will be 'year of bad news' for economy
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Vehicle exports down in May
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World oil markets to remain tight until 2013:
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German import prices fall at sharpest rate in more than 10 years
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Fall in local oil production leads to record imports
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GCC steel trade expected to cross $200bn in 2010
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For auto makers, 2009 was worst year in decades
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World economy may shrink 2.6% in 2009:
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Consumer confidence plunges to 10 year low
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Middle East markets mixed
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World Bank predicts global economy will shrink this year for first time since World War II
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World crude prices threaten global economy
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Saudi money supply growth slows