Arabian Auto opens largest used cars facility
Dubai, March 23, 2011
Arabian Automobiles, one of the leading automobile dealers in the GCC under the flagship of A W Rostamani Group, has opened UAE’s largest used cars facility.
The company, which is the exclusive dealer for Nissan, Infiniti and Renault in Dubai and the Northern Emirates, displayed the largest line-up of used cars from various manufacturers in a 7000 sqm facility.
“Despite the economic downturn in 2009, we had foreseen a steadily increasing demand for used cars with more than 40 per cent growth in our used car sales volumes over the last year. With the recent launch of the Nissan Certified Pre-owned Program and with the investment we made in developing this new facility, we are seeking to further professionalise the used vehicle purchase and ownership experience,” stated Michel Ayat, CEO of Arabian Automobiles.
Arabian Automobiles is projecting the new-car-to-used-car sales ratio to shift to a 1:1 ratio in the next few years as used cars become an equally popular choice. Currently the UAE used car market is estimated to amount to approximately 100,000 sales a year, making it a significant market sub-sector.
Arabian Automobiles Pre-Owned Quality Cars and its new 7000 sqm facility located behind the well known Sheikh Zayed Road Nissan showroom aims to provide a ‘one-stop shop’ for customers to browse, select, purchase/finance and license their used approved vehicle all on one site and under-written by the Nissan Certified Pre-owned program.
“Arabian Automobiles has planned several expansion strategies as part of the investment in its used cars business. We look forward to introducing further used cars facilities in Umm Al Quwain and Sharjah in early 2012 and in the Northern Emirates in 2013,” concluded Ayat.-TradeArabia News Service