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 through 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 business opportunities are on the increase.
Dubai seems to be coming back into its own.
The auto industry 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 latest
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, especially if the presentation is excellent. Good news travels
fast and so does word of mouth advertising. It can even affect business of car
dealers Abu Dhabi. The autos Dubai market is having a difficult time at the
moment, because many expatriates have chosen to move to smaller compact cars
that are less costly to buy and maintain than the luxurious variety. This has
been true of those in the commission based sales industry, 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 car 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 latest 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 each other, some even
indulging in private races in which the loser gives up his car to the winner.
It has even become part of the culture of rich kids. The junkyards of
Cars for Sale
in Dubai are filled with some of the not very old models, and anything of
value is picked up by discerning second hand car or spare parts dealers. Every
few years the taxi industry is asked to change its standard models, to evoke
modernity and give more comfort to the customer. When expatriates were leaving
the emirate in hordes, frantic ads and postings were made on
Cars for Sale
in Dubai for the sale of their cars at throwaway prices. The second hand
car dealers had a field day and many made a lot of money. Elsewhere, abandoned
cars were auctioned for the best prices at Government auctions. But with these
heady days over, it's hard to come up with sales figures and some car dealers
have even teamed up with banks and insurance companies to offer better value
added and comprehensive packages for their customers.
