Slowdown signs – UAE auto market slows down by 50%

Emirates Business 24|7 reported that UAE automobile market is down by 45% and 50% as compared to 2008 levels and no immediate respite is expected in the short term. Mr Graham Turner MD at Al Ghandi Auto said that “The current market is running at between 45% and 50% below 2008 levels due Sourse: More [...]