Attitudes on car ownership in the UAE shift due to Covid-19

  • Date: 17-Mar-2021
  • Source: The National News
  • Sector:Transport
  • Country:UAE
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Attitudes on car ownership in the UAE shift due to Covid-19

Some 43 per cent of UAE residents think owning a car is now more important than it was before the Covid-19 pandemic, against a global average of 48 per cent, according to a new survey.

Coronavirus-induced disruptions have led to a change in consumers' mindset, with many UAE consumers “valuing car ownership more highly since the onset of the crisis”, according to the Future of Automobility report by Boston-based consultancy Arthur D Little. It found that 34 per cent of UAE users placed the same amount of importance on owning a car as before the pandemic, while about 24 per cent felt owning a