Home GCCAutomotive GCC New & Used Car Market Races to AED 4,964.4 Billion by 2028: Fueled by Soaring Population, Rising Incomes, and Green Ambitions

GCC New & Used Car Market Races to AED 4,964.4 Billion by 2028: Fueled by Soaring Population, Rising Incomes, and Green Ambitions

by admin
49 views


GURUGRAM, India, Feb. 8, 2024 /PRNewswire/ — Buckle up for a thrilling ride! The GCC New & Used Car Market is revving up for a remarkable journey, projected to reach a colossal AED 4,964.4 billion by 2028. Fueled by a population explosion, surging disposable incomes, and a growing embrace of eco-friendly choices, this dynamic market presents a treasure trove of opportunities for investors and industry players alike. 

Key Statistics: 

  • Market Value: Revving from AED 3,643.2 billion in 2023 to AED 4,964.4 billion by 2028 
  • CAGR: Zooming…



Source link

You may also like

About Us

GCC Weekly™ curates,  aggregates and disseminate socio-economic, technology and political news about the Gulf Corporation Council (GCC) member countries. Six Middle East countries that make GCC are Bahrain, Oman, Kuwait, Saudi Arabi, Qatar and United Arab Emirates.

 

GCC Weekly™, in collaboration with Arab Newswire, publishes and distributes press releases to media in the GCC countries. For more information on press release distribution, complete the form on the right or contact us by using any of the social media handles shown below.

 

WhatsApp: +1 832-716-2363
Skype: groupwebmedia
Telegram: @groupwebmedia

Contact Us

Recent News

GCC Weekly™ is part of GroupWeb Media Network. © 2024 GroupWeb Media LLC