Dubai PR Network, Online Press Release from Dubai and Middle East
 
Automobile & Motoring(Automobile)
Filter PR by
  
Automechanika Academy To Spotlight Key Aftermarket Issues As Automechanika Dubai 2014 Gets Underway
 

Dubai, UAE: A thriving re-export trade in used cars is contributing to the shortage of quality used cars in the Middle East, according to Bill Carter, Head of Research and Valuation at Autodata Middle East.

Carter will be one of the high-powered line-up of expert speakers at the Automechanika Academy, one of the highlights of Automechanika Dubai 2014, which opens tomorrow (Tuesday 3rd June) at the Dubai International Convention and Exhibition Centre.

He estimates that as much as 30 to 50 per cent of the used cars in the market are being exported each year, leading to a reduction in the number of quality used cars available for trade in the local market.

“Other problems affecting the industry include the lack of appropriately trained sales staff and enough effectively valued trade-in schemes,” said Carter, who will be examining ‘Current Trends in Used Car Values across the Region’, at the two-day conference.

“However, the increase in the number of manufacturer-approved used car schemes has led to a decrease in depreciation levels. These always help to strengthen residual values if managed efficiently. Typically a 5-10 per cent increase in value of a two-year old car is not unusual with a well-run scheme.”

Beginning on the second day of Automechanika Dubai 2014 (4 June), the highlight of the two-day Automechanika Academy’s opening session will be the release of the Dubai Auto Parts Trade Update from the Dubai Customs’ Strategy and Corporate Excellence Department.

Frost & Sullivan’s Senior Analyst, Subhash Joshi will present a comparison of the automotive aftermarkets of the Middle East and Africa, while Prachi Satoskar, the Head of Automotive at global research organisation GfK, will examine the opportunities in the tyre industry.

The second day’s programme includes an in-depth look at the current trends in the global tyre industry by Surender Singh Kandhari of Al Dobowi Group; a presentation on off-road tyre challenges by V. Krishnaram of Emerald Tyres; and a presentation about integrating in-car entertainment systems by Thierry Gay, Managing Director of Good Ideas, and Jason Brown, President of EMMA Arabia.

Automechanika Dubai 2014 will open for business tomorrow 19 per cent larger in terms of net exhibition space, thanks to an ongoing surge in interest from international manufacturers and suppliers in the fast-growing regional aftermarket.

The exhibition, which spreads across 12 halls at the Dubai International Convention and Exhibition Centre, features the following key focus areas: parts, systems, tuning, workshop equipment, bodywork & paintwork, car wash, IT & management, tyres & batteries, and the latest automobile services.

 


Posted by : Dubai PR Network Editorial Team
Viewed 26248 times
PR Category : Automobile
Posted on : Monday, June 2, 2014  2:59:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Aston Martin invests millions in new manufacturing facilitie...
Next Story : Al-Futtaim Honda delivers first Honda CITY in the UAE
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Introducing Burberry Bespoke Fragrances [7979-Views]
Celebrate the Month of Love with a Brighter Smile at The Smile Bar [7576-Views]
Longchamp Spring/summer 2019 Show [6576-Views]
Malabar Gold & Diamonds opens a new showroom in Millennium Dubai Airport Hotel to cater to... [6381-Views]
Making many tones from one [6124-Views]
Global Village presents Scheherazade, a timeless tale of intrigue and adventure [6015-Views]
Always take the front row with this 7.2” supersized smartphone screen [5606-Views]
Turkish Airlines reached the 80.2% Load Factor in December 2018. [5417-Views]
Tag Heuer Demonstrates Watchmaking Mastery With Its New Carrera Calibre Heuer 02t Tourbill... [5331-Views]
A Chaumet Valentine's Day Sentimental jewellery [5289-Views]
Celebrate Valentine's Day With a Quintessential Timepiece From D1 Milano [5252-Views]
Eberhard & Co. Gilda makes an extraordinary Valentine's Day gift [5179-Views]
The Preston watch collection by Coach [4947-Views]
Tissot PRS 516 Alpine Limited Edition A sporting tribute [4856-Views]
Beef Sushi- Love at first bite [4788-Views]
Bollywood Actor Anil Kapoor to inaugurate 2 new outlets of Malabar Gold & Diamonds in UAE ... [4752-Views]
Persil Appoints Nancy Ajram as the new Regional Brand Ambassador [4752-Views]
Third Edition of Al Shira'aa International Horse Show Concludes with Thrilling Finale [4679-Views]
Walid Atallah's “Dream Dress”: The new revolution in the World of Fashion 2019 [4508-Views]
Nicole Kidman at the Golden Globe Awards [3953-Views]
Flying Grand Regulator now available in new colour combinations [3910-Views]
Joyalukkas Shopper wins BMW Car in DSF Mega Promotion [3904-Views]
Time for Unsung Heroes to Be Recognised With Citizen Campaign [3880-Views]
Luxury jewelry house Dhamani 1969 launches exclusive CHRYSALIS collection [3733-Views]
Al Mouj Muscat pays tribute to Oman with Layers of Oman Exhibition [3727-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories