Tuesday, 13 November 2012

Record car sales in UAE - 300,000 units to-be-sold in 2012!

car sale in Dubai

Since 2008, when the annual sales of car in the UAE  soared to more than 340,000 units, for the second time in the history, UAE car sales is expected to reach the record 300,000 units in 2012 – after 3 Years. The market sources reported that the projection for the year 2012 is based on the exciting near 30 percent growth in Cars for sale in Dubai in the third quarter and strengthening pace toward an anticipated surge till the end of the year, 2012. 

The CEO of a local automobile company and the authorized dealer of the Nissan in Dubai and Northern Emirates region, Michel Ayat, emphasized that the volume of the car sales were across 240,000 till the end of august. The pattern was driven by retail, fleet and export demands in the region. However, these are not just the factors influencing sales, new buyers of the vehicles are exploring different aspects from an entry-level model to the top-end. He further added, if the growth rate will remain consistent, the car sale in Dubai will cross 300,000 units projection without doubt.
When compared to the 2008 market, volumes are not developed on simple credit from banks or financial institutions. On the contrary, 20 percent down payment has become a practice in the cars for sale in Dubai, leading to less credit. The 2012 growth is unlike 2008 and brings a subtle change to the landscape of the automobile market in Dubai. 
On the other hand, one of the factors contributing to the abrupt growth in sales is the consistently growing population of the region. The increase in population results in need for more vehicles and thus, more sales for Dubai cars.
To get more information on Cars for sale in Dubai or register a car, contact our friendly customer support team at westernauto@etawestern.com.    


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