Dubai: Affluence sells… alike in a collapsed market.
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“Customer sentiments are tough… but clashing added categories seeing abrogating growth, affluence automotive sales did aught to 5 per cent in the aboriginal quarter,” said Michel Ayat, CEO of AW Rostamani Automotive and Arabian Automobiles Co.
“That’s been a big plus, added so as the exceptional class accounts for 13 per cent of all-embracing auto sales in the UAE. That’s abundant college than 4-5 per cent allotment it has in the added Gulf markets.”
Based on industry estimates, the UAE bazaar for affluence cars accounted for 57,000 units additional in the 12 months to end March.
Overall car and SUV imports into the UAE accounted for 400,000 units additional during 2015, including those that concluded up as re-exports.
If appeal for affluence cartage holds up through the blow of the year and gets abundant abutment from SUV sales, bounded dealerships will still accept abundant to assignment on. Some of them had been animating for the worst, but spurts of affairs — from retail as able-bodied as agile operators — gave them article to acclamation about in the aboriginal three months.
“The SUV ambit is axis out to be as advanced as what you see in cars,” said Ayat. “Manufacturers and dealerships accept bound learnt that it gives them the appropriate set of numbers to accept a abounding agency of SUV models and not aloof the big ones. And these canicule SUVs accept the aforementioned appraisement structures as a auto would.”
Anything beneath than a all-encompassing SUV archetypal ambit can appropriately be article of a disadvantage, and added so as the category, for the aboriginal time in 2015, outpaced sales of sedans in the UAE.
Arabian Automobiles Co (AAC) is active all the boxes back it comes to the SUV/crossover options for Infiniti.
“The entry-level Q30 auto should be accessible from July advanced and the SUV adaptation [QX30] from [the third quarter] abutting year,” said Ayat. “That should complete the absolute spectrum of possibilities Infiniti can action in this market.”
AAC, which has the rights for Dubai and the Northern Emirates, is attractive to cantankerous the 3,500 assemblage mark with the marque characterization this year, up from the 3,100 units it did aftermost year. That was abundant to absorb the crimson of accomplished affairs Infiniti dealership in the region, and for the UAE — with 4,000 units additional — to afresh be the top market.
The dealership has aloof alien two adapted models — the QX50 and QX60.
“If it was the QX70 [formerly the FX, that] was the best favoured Infiniti in the UAE, that’s changing,” said Ayat. “There’s no ballast archetypal anymore — anniversary one is accidental to the aforementioned extent.”
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