THE JURY IS OUT IN THE HYBRID CASE
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The recent announcement that Al-Futtaim have been granted the distributorship for Fisker Cars and the fact that Lexus, also distributed by Al-Futtaim, are increasing the number of hybrid models available in its range is interesting news. We know that other manufacturers have also had hybrid vehicles on test in this region to see how they stand up to the extreme climate.
What is more interesting is how many are there in the market at present? We know that Lexus were testing the LS600h in the UAE for a number of years before it was
officially launched. The results of these tests were obviously good otherwise they would not risk damaging their reputation.
We do have some concerns about how these cars will perform in the used car market. We only have to look around to see the number of expats who choose to drive cars that they could not afford to run
back in their home country. With current cost of
fuel in this region being significantly lower
than back home and the rumour that it
may drop in price there is no incentive to
go “green” other than their conscience.
Whilst there will always be those who want
to “do their bit” for the environment, we
are not sure how many will ditch their gas
guzzling SUV for a new or used hybrid.
There are also concerns about how
environmentally friendly these cars are to
produce and to dispose of at the end
of their life?
We will be closely monitoring the sales
and re-sales of these cars in the region
before we pass judgment. At the moment,
“The jury is out in the hybrid case”
For any comments or feedback please
Head of Valuations
Autodata Middle East
Food For Thought
The 2nd Automotive Industry Forum of this year
took place on the 21st of June, offering a great
platform for Automotive Professionals to network.
Management representatives from the RTA
and Porsche Middle East shared their insights
on topics relevant for all participants.
The Forum in September will focus on the topic
of Hybrid models which will be discussed looking
at Hybrid Models as such from different angles.
For more information please visit www.aif.ae
or send an email to firstname.lastname@example.org