When it comes to the automotive industry in the Middle East, the UAE market is undoubtedly a part that cannot be ignored. In recent years, the UAE automotive market has continued to grow, showing a strong momentum of development, and the market size has significantly expanded.
Nearly 260,000 vehicles were sold in the UAE in 2023, an increase of nearly 25% year-on-year, a growth rate well above the average growth rate of the global automotive market. Among them, the performance of passenger cars is particularly bright, with a year-on-year growth of more than 30%, becoming an important engine to promote the overall market growth.
In the UAE car market, Japanese brands such as Toyota, Nissan and Mitsubishi occupy an important position. At the same time, the market share of Chinese car brands has been increasing, reaching 12%, such as Geely, Changan, Haval, GWM and Byd have entered the UAE market.