Flash Reports

United Arab Emirates

UAE Automotive industry is the second largest in the GCC after Saudi Arabia. Following an impressive growth reported in the last five years, the market escalated several positions in the global ranking entering in the top 30. In 2014, UAE’s automotive trade value reached USD 20.7bn, up 43% from 2010, 94% of which was imports. Cars represented 63% of UAE’s automotive imports from the world followed by parts and accessories (12.6%) and trucks (12.1%). The Abu Dhabi’s Government started the project ‘The Auto City’ in the Mussafah area, a cluster of advanced workshops and service centers, attracting investment in automotive manufacturing and spare part logistics.

 

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