Automotive production in the Middle East and Africa is currently dominated by Turkey and Iran. As of yet, oil-rich countries in the Gulf Cooperation Council have not established a significant automotive production segment. In early 2020, the United Arab Emirates was exploring the possibility of not only importing high-end and sports vehicles but was also looking into establishing itself as a production hub for luxury sports cars in the near future. Therefore, efforts were done to conduct investment and promotion of manufacturing, new technologies, as well as investing in R&D. Like the rest of the Gulf Cooperation Council sub-region, the United Arab Emirates is looking into ventures to diversify their economy and reduce the proportion of oil and gas revenues.
Leading automotive brands
Toyota was the leading automotive brand sold in the United Arab Emirates. This not only confirms Toyota as the global market leader in the automotive industry but it also reflects the wider trend within the Middle East and North African region, where Japanese automotive brands are the preferred manufacturers, followed by Korean and U.S. brands.
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In the following 4 chapters, you will quickly find the 20 most important statistics relating to "Automotive industry in the UAE".