Now Available: United Arab Emirates Autos Report Q1 2014
BMI has revised up its forecasts for 2013 new vehicle sales in the UAE, from 14.1% to a rise of 16.7% growth. This would see new vehicle sales total 362,013 units. The most recent data (7M13) show that new vehicle sales were reportedly up by 16% year-on-year (y-o-y), at 201,122 units. Looking forward, BMI retains an optimistic outlook on new vehicle sales, forecasting further growth of nearly 20% over the 2014-17 period.
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