The UAE has one of the highest car ownership rates in the developing world．
Robust population growth，hilgh GDP per head，good living standards and subsidised petrol prices make the UAE an important market for the automotive sector．The demand for cars is expected to continue growinR in the forecast period(2015-19)．but the impact of low oil prices on income and confidence will take a toll on sales in 2015． Supply is limited to imported cars，mainly from a variety of fLrms in Japan, the US and Europe．Given the UAE's dependence on imported motor vehides， some UAE sovereign wealth funds(SWFs)in the past made investments in foreign carmakers．However,Aabar Investments，an Abu Dhabi SWF,sold its stake in Daimler in October 2012． In early 2015 the UAE's Supreme Council of Energy recommended a gradual reduction in fuel subsidies from the current level of 50％．It commented that rapid growth in the automotive fleet was pushing up fuel use and the longterm burden of subsidies on the government’s budget．No timing has been announced，but the authorities are expected to use low oil prices as an opportunity to cut subsidies．

Automotive report 2

Overview 2

Passenger cars 2

Commercial and other vehicles 5

Production 6

Fuel sources 7

Industry publishing schedule 9

中国科学技术信息研究所