High living standards in the GCC region with some of the countries boasting the highest per capital incomes in the world and the rise in oil prices resulting in booming economies along with a growing population are the driving forces behind the growth of the Gulf automotive sector. As a result, steady and increased growth in automobile sales across the GCC is a huge catalysts for the boom in the Middle East auto aftermarket industry.

The demand for automobiles is also collaborated by the fact that GCC states are characterized by strong auto finance markets. The auto finance market in UAE alone is valued at roughly US$2.1 billion. The overall business potential of the regional aftermarket industry is pegged above US$18 billion per year.

Some Market Facts and Information:

•	Official figures indicate that there are 6 million vehicles in the GCC states. Of the total, around 1.4 million vehicles comprise the domestic market in the UAE, with an average annual growth rate of 10 %
•	GCC automobile industry relies on imports with Japan accounting for 65%- 70% of sales, Europe 15%-20% , USA contributing 6.5% and the rest coming from other countries.
•	The spare parts market in the Gulf States is valued at over US$12.6 billion per year
•	Auto parts are consistently listed as one of the top ten re-exported commodities in Dubai

Seeing and having experienced the vast potential of the auto and aftermarket industries in the Gulf, OEMs, suppliers, retail dealers and agents alike are strategizing towards a piece of this lucrative pie, riding on the waves of growth and opportunities to create an affirmative foothold in the auto sector in this promising region.

2nd Middle East Auto & Auto Aftermarket Industry 2007 is the premier automotive conference for the GCC region and is held in conjunction and partnership with Automechanika Middle East 2007.

Information and knowledge exchanges during the conference will equip you to understand your competitors, suppliers and customers, evaluate the trends that are shaping the industry and to analyze the significant and crucial drivers for the automotive industry in the Middle East.

Meet & Network with :-

•	Vehicle Manufacturers
•	OEM Suppliers
•	Automotive Industry Experts & Consultants
•	Automotive Components Manufacturers
•	Government Institutions & Associations
•	Vehicles and Components Importers and Exporters
•	Brand/Marketing/Sales Managers
•	Financing Institutions
•	Automotive Parts & Accessories Manufacturers
•	Automotive Equipment Manufacturers
•	Motor trade and repairs
•	Supply Chain Providers
•	Major Oil Corporations
•	Auto Logistics Management Providers
•	Fleet Management Providers