The Middle East is a rich market for new and used cars, and it supports an active car insurance sector, as well as a wide range of permanent and seasonal offerings from companies.
The market is holding 23% of the total market for new cars in the GCC after sales rose to about 110,000 cars in the first quarter of 2015, according to previous statements by Al-Masoud Automotive Company Director General Sayed Al-Gomaam.
Japan’s most popular cars in the Middle East are still, with a share of 64% of the total number of new cars sold, while US cars have 10% and Korea 10%, while Europe has roughly 15%.
Of all models, four brands are the leading Middle East market in terms of sales, and these brands are:
Toyota:
This Japanese brand is the most popular and most popular in the UAE and the Middle East's most powerful consumer base, especially as the producer gives the consumer the best product with the lowest possible value.
The most prominent products of Toyota Camry are the best-selling car in the UAE by Dubisel, as well as Land Cruiser, Fortuner, and Corolla models and the reason why these cars are so popular in the country is that they are very prosperous, and provide highly reliable and smooth engines. All models are available at good prices according to UAE and Middle East standards.
NISSAN:
NISSAN is the next Japanese brand of Toyota, has been on a rising line, and has successfully introduced iconic cars that are the most loved in the Middle East.
NISSAN is known for its well-designed cars, beautiful and spacious interiors, and its vehicles are distinguished by many other technologies, smooth engines, and sizes, especially Altima and Zeni, which are particularly popular in the region.
BMW:
The Middle East is the largest market for BMW Group in the region, with a share of total Middle East sales of 59%, and Abu Dhabi ranked first with 6,962 cars sold, followed by Dubai, Sharjah, and the Northern Emirates with 2,934 sold, then Saudi Arabia 2,243. Dubai also witnessed a 35% increase in the volume of Mini's sales.
Mercedes Benz:
The UAE alone accounts for 50% of the total sales of Mercedes Benz in the Middle East, after the local market recorded a 22% growth in sales since the beginning of this year, according to Emirates Automotive Company, General Distributor of Mercedes Benz in Abu Dhabi.
The company is a German company for the manufacture of luxury cars, minibusses, double-decker buses, and trucks, currently a subsidiary of DaimlerChrysler Group, formerly known as DaimlerChrysler Group, and formerly owned by DaimlerChrysler Bins.
These brands dominate the largest market share of profits from selling and buying, and share other popular brands such as Lexus, I'm, Hyundai and Kia.
The total sales of new cars in the Middle East in 2018 was about 1.8 million, of which about 405 thousand cars are the UAE market share, at about 23%.