Wednesday, November 16, 2011

Luxury Cars market UAE

http://www.thehansindia.info/News/Article.asp?category=1&subCategory=2&ContentId=17973


Informative article.. some industry update on luxury cars & overall TIV of UAE

  • Porche dealer of UAE is NO.1, world wide - Cayenne is top selling model
    • I happened to watch a good report on CNBC autoshow aboard Jet Airways - the acnhor drove the ultimate SUV on the Himachal Pradesh roads, 'one of the toughest'. Well executed program, that was !
  • Luxury segment in UAE exp to hit 9% of TIV at 25 K cars, 32 % jump (16% in 2010)
  • Overall TIV exp to jump by 15 % to 273 K cars ( 6% in 2010). 
    • TIV exp to grow by a healthy 13 % in 2010

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