With a growing demand for cost-effective cars with good mileage, the compact car segment is witnessing tremendous growth. A growing number of buyers are opting for small cars with low fuel consumption.
Automotive loans are the most significant and visible components of retail banking in the UAE. Almost 80 per cent of the cars on the UAE roads are bank-financed, thus proving the significance and success of auto loans in the retail-banking sector.
'The used car market in the UAE is expanding at a faster rate than new vehicles. Re-export sales alone equalled the new car market in 2004. Local sales, although not recorded, are sure to equal that figure.'
Whether it's soft sand or rocky terrain, off-road driving can be fun only if you are well prepared. The UAE has some of the most spectacular and diverse off-road routes found anywhere in the Middle East.
