Kia, Hyundai, and Toyota are expanding their presence in Saudi Arabia by building new assembly facilities and claiming significant market shares.
Steady: 1 in the last 7 days
Updated thursday
The latest in this situation
How it started
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What happened
Kia, Hyundai, and Toyota are expanding their presence in Saudi Arabia by building new assembly facilities and claiming significant market shares.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The King Salman Automotive Cluster, including Hyundai Middle East Engine Manufacturing, is taking shape in KAEC to support Saudi Arabia's economic transformation.Sub-event
- A joint traineeship program has been launched between MiSK Foundation, Hyundai Motor Company, and other partners to develop future talent from Saudi youth.Sub-event
South Korean and Japanese automakers are investing in Saudi Arabia and competing for market share.1 source
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The entities involved
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Kia
South Korean automobile manufacturer
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Toyota
Japanese multinational automotive manufacturer
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Hyundai Motor Company
South Korean multinational automaker
- Alabama is attracting major industrial projects, including battery plants and R&D hubs, through partnerships with companies like Hyundai and Mercedes-Benz.
- The South Korean EV market is seeing new competition from brands like GWM, XPeng, and Chery, while government officials discuss EV competitiveness.
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Saudi Arabia
country in West Asia
Related events
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- Hyundai, Toyota, Mahindra & Mahindra, and Maruti Suzuki are competing in the domestic automotive market.
Coverage
Newest first; wire copies grouped- Just AutoHyundai, Kia claim 23% share of Saudi market in H1 Hyundai Motor and Kia Corporation sold a combined 96,160 vehicles in Saudi Arabia in the first six months of 2025, according to reports citing local