Virtual Registration Cards to be Implemented in Dubai

The Roads and Transport Authority (RTA) on Saturday announced the implementation of virtual registration cards valid for a lifetime starting from August 1. The permanent virtual registration cards will be issued without an expiry date and will eventually replace the existing plastic cards which are issued annually after the renewal of the vehicle registration. This new technological advancement is considered as the third and final phase of adoption of the life registration system with taxis, commercial vehicle and rental cars covered in the two phases of the project which commenced earlier this year.

Sultan Al Marzouqi, Director of RTA’s Licensing said, “The new system will ensure that no plastic cards are issued every year, while the virtual cards will also come without an expiry date. This means a person will register his vehicle once when he buys it and later it is renewed annually after the purchase of insurance and passing of the technical test,” on the recent implementation.

The renewal of the registration can be done either through RTA’s Dubai Drive mobile application, through the website www.rta.ae and also through the call centre (8009090) after the vehicle inspection or the technical test is conducted which is mandatory for all the vehicles aged more than three years. The Director also added, “As soon as the renewal is done, the motorist will get an email copy of the e-registration card and it will also reflect on the personal dashboard of the RTA’s app”. Even though the e-registration card will be accepted at all the borders and foreign countries, the Director advised the motorists who are travelling outside the country to print the registration card if in case of an emergency.

 

 

Source: https://goo.gl/QJJKh3

BMW to Hike Prices of Two US-made SUV Models in China

BMW announced that they will raise the price of two US-made crossover utility vehicle in China in order to cope up with the added cost of tariffs on the US car imports into the world’s biggest auto market. BMW issued the statement in association with this over that they will increase maker suggested retail prices of the popular and high margin X5 and X6 SUV models by 4% to 7%.

As per the reports, BMW decided this after China’s decision on the new tariff introduced earlier this month on about $34 billion (Dh 124 billion) of US imports. Along with these, Beijing cut the tariffs on all automobiles which are imported to China and slapped an addition 25% levy on the US made cars as of July 6 and thereby China now introduced a 40 percent import duty on all the cars imported from the United States. This also indicates the tariffs will cut the BMW’s profit margin on the vehicle and warned that it wouldn’t be able to absorb the cost of the higher tariffs.

BMW imports crossover SUV models including X4, X5 and X6 from the United States for sale in China where the demand for SUVs is increasing. As per the last year statistics, the German automaker shipped more than 100, 000 vehicles from the United States to China.

 

 

Source: https://goo.gl/TbkCRv