Friday, June 21, 2024
Today’s News

The UAE China Tyre and Auto Parts Expo Opens.

The third and final edition of the UAE China Tyre & Auto Parts Expo opened on Monday at Expo Centre Sharjah. The three-day event, organized by Inter Commerce Expo Corporation with the support of the Sharjah Chamber of Commerce and Industry (SCCI), features over 300 Chinese manufacturers and companies specializing in tyres and auto parts, components, equipment, and tools. The number of exhibitors compared to the previous show increased by 130 percent.
Sheikh Majid Faisal Khalid Al Qasemi, First Vice Chairman, opened the 3rd UAE China Tyre & Auto Parts Expo 2024, which was attended by Saif Mohamed Al Midfa, CEO of Expo Centre Sharjah, as well as a few senior figures and members of the diplomatic corps.

According to Saif Mohamed Al Midfa, “The global automotive industry is experiencing significant changes driven by technological advancements, evolving consumer preferences, shifting market dynamics, and supply chain challenges.” Though the UAE is known for its affinity for luxury and high-performance vehicles, we are seeing a gradual shift in the landscape, with the country’s used car market experiencing unprecedented growth and a shift toward more diverse mobility options. As the country invests in infrastructure and consumer preferences shift, demand for car spare parts will remain strong, keeping the aftermarket industry healthy.

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Friday, June 21, 2024

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