Jordan holds a promising future in the industry. Commercial cars was recorded to reach 8,000,000 unit sold in December 2019. Growth in new vehicle sales across 2020 is projected to reach 4.7%, with passenger vehicle sales to outperform commercial vehicle sales. Moreover The Jordan government also announced the incentives for the usage of electric vehicle. The special tax will be reduced from 25% to 10%.
The positive outlook for automotive sales is also driving the growth of lubricant market in the country and engine oil is projected to continue its dominance.
Our team at Market research Jordan is committed to provide automotive and mobility advisory services across various segments, such as commercial and passenger vehicles, automotive digitization, electric and smart vehicles, aftermarket and servicing, lubricants, and others. We will guide automotive players to enter, grow and succeed in the Jordan automotive market.