The UAE automobiles industry is leading and pioneering among Gulf countries in average sales growth as it recorded a double-digit growth rate in the first quarter compared to the same period last year. The industry witnessed a 12 per cent growth in sales while Saudi Arabia’s rate was flat and Qatar at 1.4 per cent, …
Electric car aficionados might have to wait until late 2013 or early 2014 before they can drive the Nissan Leaf out of local showrooms. The model, already available in the US and Japan since last Dec-ember, will be making it to the European markets this year. But before they become a regular feature on the …
As new vehicle sales slowdown to a crawl in the UAE Automobile dealerships in the Gulf could be in line for their worst first-half performance since 2009. In Bahrain, sales continue to be under extreme pressure as the retail sector reels from the recent upheaval. Saudi Arabia, in contrast, provides the sole silver lining and …
A recent study by the Ministry of Foreign Trade, MoFT, shows that The UAE automotive market grew by 19.7% in 2010 to US$11.1 billion up from US$9.2 billion in 2009. The UAE trade in small passenger and luxury cars grew by 24.4% to US$10.6 billion in 2010 compared to US$8.5 billion in 2009, according to …
It looks to be a good year for the UAE’s automotive industry, with signs that it might shoot ahead the figures for 2010. The UAE automotive market grew by 19.7 per cent in 2010 to US$11.1 billion (Dh40.7 billion) up from US$9.2 billion (Dh33.7 billion) in 2009, according to a recent study by the Ministry …
Honda is recalling more than 2,000 of some of its Accord coupe models due to a fault in the automatic transmission that could stall the engine during gear changes. The move allows for a software update to the transmission that would resolve the issue. The recall affects owners of the Accord model sold from 2008 …
Car manufacturers made their predictions for the future of the UAE automotive industry saying, “We’re expecting the car market to continue with its high level of growth in the UAE. The country is coming back economically and we expect the UAE car market to grow on par with GDP which is about 4-4.5 per cent …
Luxury cars are back in vogue across the Emirates as top-end motor sales accelerated last year – with the UAE accounting for a quarter of global Bugatti sales. Rolls-Royce, Bentley and Bugatti all reported robust sales increases last year compared with 2010. “When the big downturn hit a couple of years back, the market was …
Mattar Al Tayer, chairman and executive director of the Roads and Transport Authority (RTA) Dubai, inaugurated the specialist industry event, Commercial Vehicles Middle East, on Tuesday. Running for three days at Dubai International Convention and Exhibition Centre, the exhibition is being staged in tandem with the Commercial Vehicles Conference, creating a dual platform with a …
Nearly 6900 BMW vehicles are expected to be recalled in the UAE, of which 4297 are in Dubai. This is a part of the global recall by the company, which has affected 1.3 million vehicles. Approximately 6900 BMW vehicles are potentially affected in our market. The production dates of these vehicles range from 2003 …
