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VIDEO: Gulf auto markets lucrative even as economic growth remains slow: Experts

Industry has been losing momentum since the last quarter of 2014

As economic growth slows in major markets worldwide, the automotive industry has started to witness a downturn, according to experts.

However, the Gulf region’s automotive markets continue to be lucrative on the back of new infrastructure projects being launched across the region, says PMA Mohamed, General Manager, Western Auto, the top dealer of commercial vehicles in the Middle East.

The industry began to lose momentum since the last quarter of 2014, he adds.

Watch PMA Mohamed speaking to AMEinfo at Dubai International Motor Show 2015