"United Arab Emirates Autos Report Q2 2013" Published
After an estimated 27% year-on-year (y-o-y) growth in new vehicle sales in UAE during 2012, we forecast the market to grow by an average of nearly 9% y-o-y during our five year forecast period to 2017. The most potent factors driving this growth will be favourable macroeconomic conditions and household spending, increased access to vehicle financing and the migration from the neighbouring states.
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