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Autodata Bi-Annual Report Highlights Key Insights Shaping The Used Car Market

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Engine type preferences and EV considerations

AutoData Middle East, a leading automotive data solutions provider and subsidiary of World Automotive Group (WAG), has published its bi-annual report on the GCC used car market. It highlights the rising demand for EVs, residual values, key trends in consumer behaviours, transforming customer purchasing journeys and the growing influence of Chinese brands in the region.

Offering a comprehensive overview of the current competitive landscape, AutoData Middle East supports buyers and sellers to navigate the complexities of the used car sector with confidence and transparency. Five key factors were prominent throughout the report:

Burgeoning Demand for EVs

The demand for electric vehicles (EVs) in the UAE and KSA is on the rise, bolstered by government initiatives and the expansion of EV infrastructure. As of 2024, the UAE ranks eighth globally in EV market readiness, supported by an estimated 325 charging stations.

With a growing focus on sustainability, 79% of UAE consumers and 72% of KSA consumers are considering EVs for their next vehicle purchase. The UAE market share of EVs is expected to increase significantly, projected to be more than 15% by 2030. Dubai reached 25,929 EVs, while Abu Dhabi witnessed an EV fleet growth of up to 2,441 models by Q4 2023.

In the Middle East, countries such as the UAE and KSA have set ambitious targets to facilitate the adoption of EVs. The UAE government aims to expand its EV charging infrastructure to 10,000 stations by 2030, to reach 50% electric and hybrid vehicles by 2050. This sustainable target is also reflected in Dubai, as the Emirate aims to transition its taxi fleet to 100% eco-friendly vehicles including hybrid, EV and hydrogen-powered models by 2027. Furthermore, as part to of the Saudi Vision 2030, KSA’s Public Investment Fund (PIF) aims to roll out 5,000 fast charging stations by 2030.

This shift towards sustainable transportation has resulted in a rise in EV sales on marketplaces such as DubiCars, which saw a 45% increase from 2022 to 2023, with a further 13% expected growth in 2024.

Autodata Bi-Annual Report Highlights Key Insights

Residual Value Performances

AutoData’s latest research on residual values reveals that used electric and hybrid vehicles are outperforming petrol and diesel vehicles in the UAE. The report revealed a 250% increase in EVs and hybrid models over the past five years, driven by a burgeoning interest and investment in EVs, with many automotive brands introducing a range of models to meet this demand. 

SUVs continue to show substantial value retention compared to sedans. Premium and luxury vehicles, despite their price points, have resulted in a decline in residual value after a few years due to higher maintenance costs. 

GCC-Compliance

The report highlights a notable increase in the demand for GCC-spec vehicles, with 86% of Vehicle Report users identifying as buyers, primarily interested in models from 2015 and 2020. Toyota and Nissan continue to dominate the market, with capturing 24.8% and 17.1% of the market share in Q1 2024, respectively. Additionally, drivers are increasingly opting for vehicle leasing services with 83% showing willingness to consider leasing contracts. This is due to the flexibility leasing options offer drivers, including complimentary services such as free insurance, servicing and maintenance, lease duration and mileage flexibility, and more. 

Purchasing Vehicles in the Digital Landscape

Consumers in the UAE and KSA are increasingly opting to begin their car-buying journey digitally, highlighting a clear preference for online research before making in-store visits. This integrated approach underscores the need for automotive market players to provide a seamless transition between online and offline channels.

According to Consultancy Middle East’s customer survey, 83% of respondents prefer to begin their purchasing journey via dealer websites, while 85% still favour in-store negotiations. This trend highlights the importance of a seamless integration between marketplace platforms and physical showrooms, offering convenient customer experiences.

Autodata Bi-Annual Report Highlights Key Insights

Platforms such as Dubizzle and DubiCars dominate the digital landscape with a combined 73% market share due to expansive inventories and integrated user-friendly interfaces, while other market players such as YallaMotor holds 13% and OpenSooq occupies 11% market share. The remaining 3% is shared across Cars24 and smaller players with detailed listings and services such as inspections, financing, and more.

The Rise of Chinese Brands

Chinese automotive brands are quickly gaining a strong foothold in the UAE’s automotive sector. AutoData highlights the demand for Chinese cars has increased by 150% in June 2024 compared to 2023 across marketplaces such as DubiCars. Consumers are increasingly favouring these brands over traditional American, Japanese and European options, driven by key factors including affordability and high-tech features. For example, the average price for a new Chinese hatchback is 34.5% lower than an American model.

With diverse product offerings, improved quality and implementation of innovative technology, Chinese automotive brands are cementing their foothold in the region. According to DubiCars, Chinese brands have increased their market share from 0.58% in 2022 to 2.68% in 2023. In the UAE, leading brands include Jetour, Changan, BYD (Build Your Dreams), JAC, and Chery.

“At AutoData Middle East, we are at the forefront of the dynamic and rapidly evolving used car market in the region. Our commitment to transparency and confidence is reflected in the innovative tools we provide, such as the Vehicle Report, which offers detailed insights into a vehicle’s past, including accident history, previous ownership, and market valuations. We are excited to launch our new B2B tool – DealRevs – that empowers used car businesses, dealers, and stakeholders with real-time data, enabling them to make more informed decisions and accurately assess price points when buying and selling vehicles. Our services are invaluable for both consumers and businesses looking to navigate the complexities of the growing used car market,” concludes Sebastian Fuchs, Managing Director of AutoData Middle East.

Automotive

INEOS AUTOMOTIVE ACCELERATES IN THE MIDDLE EAST WITH 1,000TH VEHICLE DELIVERED AND MAJOR REGIONAL EXPANSION

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A front three-quarter shot of an INEOS Grenadier parked outdoors.

INEOS Automotive has hit a major milestone in the Middle East, delivering its 1,000th Grenadier 4X4 – just over two years after launching in the region. The rugged British-designed off-roader has quickly gained traction with adventurers, professionals, and off-road enthusiasts alike.

REGIONAL INVESTMENT AND EXPANSION

Executive Headshot of Dan Balmer - Head of Region - INEOS Automotive
Dan Balmer, Head of Region, INEOS Automotive

Building on its fast-growing global footprint, INEOS Automotive is making a bold move and expanding operations across the Middle East and Africa. Leading this next chapter is the newly appointed Head of Region, Dan Balmer – a highly accomplished executive with a CV that spans top roles at BMW, Aston Martin, Lotus, and Rolls-Royce.

Balmer will be based in INEOS Automotive’s brand-new regional headquarters in the Arenco Tower in Dubai’s Media City, where a growing team – including relocated staff from the UK – will drive sales, marketing, aftersales, and the dealer network.

With a strong existing footprint across six countries and seven dealer sites, the company is now gearing up to expand further across the GCC and break into new Middle Eastern and African markets. “The 1,000th Grenadier delivery signifies that drivers across the region are embracing what we’ve built,” said Lynn Calder, CEO of INEOS Automotive. “We’re backing that enthusiasm with serious investment: a new regional HQ, a growing team, and an exciting leader in Dan Balmer, who’s ready to take things to the next level.”

INDUSTRY HEAVYWEIGHT AT THE HELM

Newly appointed regional chief, Dan Balmer, brings deep global expertise and local insight to the role. Having previously led teams in major markets for some of the world’s most prestigious automotive brands, he’s now focused on growing INEOS Automotive’s presence and partnerships throughout the region.

“Hitting this milestone delivery is just the beginning,” said Balmer. “The Middle East and Africa offer huge potential, and I’m thrilled to lead our efforts here – from expanding into new markets to delivering exceptional customer experiences.”

Balmer started his automotive career as an apprentice design technician, and progressed through the ranks at BMW and Rolls-Royce. His first regional leadership appointment was as General Manager Asia Pacific for Rolls-Royce from 2012. Joining Aston Martin in 2014, Balmer led several regional offices, latterly as President of UK, Middle East & Africa. And at Lotus from 2021, he saw success as President and CEO of Asia Pacific, Middle East & Africa, and most recently held the position of President and CEO of Lotus Cars Europe.

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From the Garage to the Global Stage: MEA Service Advisors and Technicians Head to Bangkok for Skills Showdown

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a side-angle shot of automotive professionals attending a training session

For most people, car servicing is about speed, efficiency, and trust. But for a select group of the Middle East and Africa’s most skilled automotive professionals, it’s also about something else – the chance to put their expertise to the test on the world stage.

This month, eleven technicians and service advisors from seven MEA countries will travel to Bangkok, Thailand, to compete in the first-ever Changan Global Service Skills Competition. The five-day event, running from August 25–29, will pit them against elite peers from around the world in disciplines including service reception processes, engine maintenance, and vehicle fault diagnosis.

A Career Milestone

For these finalists, representing KSA, Oman, Egypt, Iraq, Kuwait, Bahrain, and Morocco, the competition is more than just a technical test. It’s a career highlight, an opportunity to benchmark themselves against the best globally, and a chance to bring fresh knowledge home to their dealerships and customers.

a side-angle shot of an automotive professional inside a car with a product manual

Their journeys began at the 2024 Changan MEA Regional Skills Competition in Dammam, KSA, where the region’s top service professionals underwent rigorous challenges and intensive training. Those who excelled earned the right to carry their country’s flag to Bangkok.

“Our finalists are not only representing their dealerships and countries, but also the skill, dedication, and customer-first values of the Middle East and Africa region,” said Mr. Xiao, General Manager of Changan Automobile’s MEA Business Unit. “Competing at this level puts MEA talent in the global spotlight and helps raise service standards across the industry.”

The People Behind the Progress

Among the Service Advisors is Eslam Mohammed Nasem of Almajdouie Motors, KSA, who says the competition is “a chance to prove that our region’s skills are world-class.” For Anandu Dileep Kumar, a technician from Alqurain Auto Motive Trading Company in Kuwait, it’s about “learning from the best, then sharing that knowledge with colleagues and customers back home.”

These stories are mirrored across the team, individuals driven by pride in their craft and a commitment to customer satisfaction.

a side-angle shot of an automotive professional inside a car with a product manual

Why It Matters

Aftersales service is becoming a key differentiator in the automotive industry, particularly in MEA, where customer expectations are rising alongside vehicle technology. The skills honed in Bangkok – from diagnostic precision to customer engagement – will directly influence the ownership experience across the region.

By investing in competitions like this, Changan aims to create a ripple effect: highly trained professionals inspiring peers, raising standards, and reinforcing trust in the brand.

Looking Ahead

The Bangkok event will also feature technical salons and a factory tour, giving participants access to global best practices and cutting-edge developments. When they return, the MEA team will bring more than memories, they’ll bring insights that will shape the future of aftersales service in the region.

This is the first time MEA has sent a full delegation to the global finals. For the eleven men and women boarding their flights later this month, it’s the culmination of years of dedication. For the region’s customers, it’s a sign that world-class service is closer than ever.

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ROLLS-ROYCE MOTOR CARS PRESENTS BESPOKE BLACK BADGE CULLINAN SERIES II ‘DESERT SUNSET’, COMMISSIONED THROUGH PRIVATE OFFICE DUBAI

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A front three-quarter shot of the Rolls-Royce Black Badge Cullinan Series II Desert Sunset parked in the desert.

Rolls-Royce presents its latest Bespoke commission from the Middle East – a captivating Black Badge Cullinan Series II inspired by the unique colours of the sunset over the client’s home city of Doha in Qatar.

The motor car’s Bespoke two-tone exterior paint finish features Bronze as the main body colour. This takes its cues from the deserts of the Arabian Peninsula, where the mix of iron-rich red and calcium carbonate-based white sands lends a warm, golden-brown hue to the landscape. The upper portion is finished in Sunrise Sparkle, which mimics the setting sun’s rays reflecting and scattering across the sheer glass and steel surfaces of Doha’s futuristic skyline. The interior is trimmed in Sunrise main leather with Casden Tan secondary and Havana tertiary leathers, complemented with seat inserts, piping, contrast stitching, and embroidered ‘RR’ headrest monograms in Sunrise. The seats are decorated with Bespoke perforations, which mimic the shapes of the clouds as they appear over the Home of Rolls-Royce in Goodwood. The wood elements are crafted from Mimosa Negra open-pore veneer. Dark Spice carpets and Casden Tan lambswool floor mats complete the interior theme.

A front three-quarter shot of the Rolls-Royce Black Badge Cullinan Series II Desert Sunset parked in the desert.

James Crichton, Regional Director, Middle East & Africa, Rolls-Royce Motor Cars, commented: “Our clients’ ever-growing demand for individualisation has made the Middle East our most valuable market for Bespoke motor cars in the world. Through our Private Office in Dubai, we bring the Home of Rolls-Royce in Goodwood to our clients in the region, providing them with a unique opportunity to co-create their motor car alongside a dedicated Bespoke designer and specialised client experience manager. This expressive Black Badge Cullinan Series II highlights how our Bespoke team can capture the spirit of special places and cultures, and Cullinan’s potential as a canvas for self-expression, creativity, and artistry.”

Interior shot of the Rolls-Royce Black Badge Cullinan Series II Desert Sunset parked in the desert.

Ayman Berjawi, General Manager, Rolls-Royce Motor Cars Doha, added: “This remarkable Black Badge Cullinan Series II commission is a celebration of Qatar’s natural beauty and our client’s discerning taste. ‘Desert Sunset’ is not only a stunning expression of Bespoke craftsmanship, but also a reflection of the unique bond between Rolls-Royce and our clients in Doha. We are proud to see such a bold and emotive creation inspired by our home city, brought to life through our close collaboration with the Private Office in Dubai.”

A side-angle shot of the Rolls-Royce Black Badge Cullinan Series II Desert Sunset parked in the desert.

The motor car was commissioned by a longstanding Qatari client through Private Office Dubai, located in the neighbouring United Arab Emirates. Available by invitation only, Rolls-Royce’s Private Office service gives clients the opportunity to develop the most detailed and complex Bespoke commissions in partnership with a Bespoke designer and dedicated experience manager permanently based in the region in private, relaxed surroundings.

Opened in 2022, Private Office Dubai was the first creative outpost outside the Home of Rolls-Royce at Goodwood. It is now part of the global network that extends to other major luxury hubs including Shanghai, New York City and Seoul.

Rear cabin of the Rolls-Royce Black Badge Cullinan Series II Desert Sunset parked in the desert.

Private Office Dubai serves clients throughout the Middle East and Africa. The decision to begin building the international network here reflects the region’s status as Rolls-Royce’s leading market for Bespoke commissions by average value. Clients from the Middle East consistently request some of the marque’s most technically challenging, creatively ambitious, and highly individualised commissions.

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