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Abu Dhabi automotive trade rises 5% in first ten months of 2019

Abu Dhabi: The automotive trade index in Abu Dhabi has maintained its positive momentum achieving 5 percent growth during the first ten months of 2019, compared to the same period in 2018.

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According to statistics in a report issued by the Statistics Centre-Abu Dhabi, local car sales jumped in value to Dh28.66 billion from January to the end of October 2019.

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The figures also showed a significant increase in auto resales, amounting to Dh14.459 billion in the first ten months of 2019, a 27 per cent surge compared to Dh11.38 billion during the same period in 2018.

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Imports accounted for Dh13.854 billion from January to October 2019, compared to Dh15.67 billion during the same reporting period in 2018.

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The Emirate’s car exports increased to Dh350 million from January to October 2019, a rise of 37.2 per cent compared to Dh255 million during the same period in 2018.

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