Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / United Arab Emirates

Rising Car Ownership Will Drive Parts Trade

June 2011 | Industry Trend Analysis

Data released by Dubai Customs show an 11% year-on-year (y-o-y) increase in the value of aftermarket trade through Dubai, which the department believes is linked to the growth in vehicle ownership in the region. BMI's estimates for car ownership levels in the Middle East region bear this out and we expect further growth in the coming years, thanks largely to a wider range of vehicles available and improved access to

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