New car business in UAE gloomy for 2019

GREG BAKER / AFP

Fewer new cars will be sold in the UAE in 2019 than last year.

That's according to industry experts, who say that while Ramadan is a good time for dealerships, it probably won't overturn this year's downward trend.

Oweis Zahran, CEO of OWS Auto Parts and Managing Partner of Rafid Automotive Solutions, explains.

He explains why more people in the UAE are turning to used cars instead of new ones. 

More from Business