Buying a new car is a highly emotional decision. While we like to think that we have covered all bases and checked out all the options with regard to price, quality and our requirements, we rarely give a thought to the added costs that come with owning a car. This includes components like insurance, fuel, the availability and the cost of spare parts over the life of a car. Just like the technological disruption that is currently transforming the automotive industry, the automotive insurance sector is also witnessing a sea change. Recently, Tesla has announced that it would launching insurance plans for Tesla vehicles, first in California and then in other parts of the United States. This makes Tesla the first automotive manufacturer to venture into this field. A vehicle manufacturer has greater expertise and knowledge when it comes to the company’s own models and both the company and the customer benefit by eliminating the third party insurance provider.This change in the way motor insurance schemes are designed has even extended to the UAE, with Beema launching the first pay-per-kilometer scheme in the UAE. Those who use their vehicles for just school runs or a short commute to their office would definitely benefit from such schemes. With the advent of electric vehicles which have fewer parts but are more expensive to repair and ride sharing services, I am sure that this is just the beginning of the change that we will see in the way automotive insurance works. Hopefully, we will all benefit from such changes in the future.Hamid MoarefPublisherPAGE 14Publishers Note :All images, designs, layout and advertisements are copyrighted. Any attempt to recreate, plagiarize or copy in part or in whole is violation of international copyright laws. While compiling this issue of Tires & Parts, the utmost care and attention has been given to ensure that all information is accurate. Morjan Media is not responsible for the accuracy of content provided by third party sources.To submit news and content please email to : [email protected] note: by submitting news and content to Morjan Media for publication in Tires & Parts you automatically agree that Morjan Media is not obliged to publish this content. Furthermore, Morjan Media reserves the right to further edit and or reduce the size of any content or news stories sent for publication.PublisherHamid MoarefEditorAli Reza Sub EditorsManju MathewSonja BaikogliSherry ChenGrace StephenDesignVivin GeorgePraful PanchalSales & MarketingAhmad AjiCirculation AssistantsThahaDilfarFisalContributorsPeter BaikogliArezou MarzaraFarsh ShafikhaniKristen KoulicDistributionDar al hikma Distribution L.L.CMorjan Media L.L.CP.O.Box 7830, Dubai, U.A.E.TIA applauds Automotive Tires & Parts’ efforts to bring the latest tire and automotive news to the Middle East.For more information on TIA,visit www.tireindustry.orgFor administrative inquiries or for a copy of our media kit please contact : +971 4 2555548 [email protected] www. morjanmedia.comDownload Careem and book a hassle free ride in minutes. Enter the promo code “tiresandparts” to get 20% off your first 3 rides. *Maximum discount AED 20 per ride. For new users only. Offer valid within the UAE.
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