Conditions In The Dubai Auto Industry

Mar 12, 2011 in Auto Racing News Comments Off

By all standards, Dubai looks as complacent as ever. It has weathered the storm of discontent seen after the hundreds of layoffs that followed the construction bust, come via the Dubai World debt repayment crisis and is now picking up after the credit crunch has eased.  If the present figures are to be believed, employment and organization opportunities are on the boost. Dubai seems to be coming back into its own.

The auto business all over the world still recognizes that due to its oil wealth, Dubai and the Middle East will continue to be a magnet for its most recent models of cars. A number of new models are expected to be unveiled at the Dubai Auto Show. It is not uncommon to get orders from other emirates of the Middle East, specifically if the presentation is excellent. Excellent news travels quick and so does word of mouth advertising. It can even affect enterprise of vehicle dealers Abu Dhabi. The autos Dubai marketplace is having a tough time at the moment, because quite a few expatriates have chosen to move to smaller compact cars that are much less pricey to acquire and maintain than the luxurious selection.  This has been true of those in the commission based sales business, because the movement of the expatriates has in a sense dried up sales opportunities.  There are other expatriate families who are on the verge of moving out, and they are just waiting for the school year to end so that they can move out as a family.

Enthusiasts of autos Dubai and auto dealers Abu Dhabi have always maintained a glorious affair with the latest automobiles. The scions of rich and wealthy families like to show off their status by ordering the most recent luxury autos in Dubai and Abu Dhabi, some even having fittings and amenities made to order like a Rolls Royce or a Mercedes. They are out to beat every other, some even indulging in private races in which the loser gives up his auto to the winner. It has even turn out to be part of the culture of rich kids. The junkyards of autos Dubai are filled with some of the not really old models, and anything of value is picked up by discerning second hand automobile or spare parts dealers. Every few years the taxi industry is asked to change its standard models, to evoke modernity and give much more comfort to the customer. When expatriates were leaving the emirate in hordes, frantic ads and postings were made on classified internet sites Dubai for the sale of their cars at throwaway costs. The second hand auto dealers had a field day and several made a lot of dollars. Elsewhere, abandoned cars had been auctioned for the very best costs at Government auctions. But with these heady days over, it’s challenging to come up with sales figures and some car dealers have even teamed up with banks and insurance firms to provide much better value added and comprehensive packages for their customers.

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