My little Chevrolet is the Spark that lights up my life


Daniel Bardsley
  • English
  • Arabic

There can be few countries in the world where the cars are bigger than in the UAE. As we all know, there are SUVs by the bucketload, and enough big German and Japanese saloons are sold to keep BMW and Mercedes in profit for the next 20 years. Even the smallest cars that are popular here, such as the Nissan Sunny and the Mitsubishi Lancer, would be medium-sized by European or Asian standards.

With petrol as cheap as it is, the temptation to buy the largest model with the biggest, thirstiest and most powerful engine is obvious. In such a "big is best" motoring culture then, the Chevrolet Spark stands out as something of an anomaly. This is a micro car and its engine is every bit as small as its body. The slowest version of this South Korean-made four-wheeler is powered by an 0.8-litre, three-cylinder engine that generates just 52 horsepower and, allied to an automatic gearbox, takes an eternity - 21.9 seconds to be precise - to reach 100 kilometres per hour from a standing start.

I own just such a Spark. Each time I step into this road-going miniature, I admit I feel a touch of embarrassment. I can feel the looks of pity from the other road users, and even those whose most upmarket form of transport is a public bus seem to be laughing at me too. "Who on earth would drive a car like that?", I imagine they are asking themselves. When you actually get going, the pity turns to scorn, because other drivers take a perverse pleasure in picking on the Spark. They are like the ugly big kids in the playground bullying their smaller classmates.

Everyone behind you wants you to speed up and so they sit inches from your rear bumper, flashing their headlights and blowing their horns. Of course, aggressive drivers are a hazard all of us in the UAE are familiar with, but it really is worse in a car this small. On occasion I have taken to the roads in a Honda Accord or a Nissan Altima, and the treatment you get really is different - even when you are pottering about in the slow lane doing Spark-like speeds.

But despite these downsides, I have nothing but fondness for my little Chevrolet, which is basically an updated version of Daewoo's highly successful Matiz. For all its compact dimensions, the Spark is a surprisingly roomy car, with an upright stance and a light, airy cabin. The raised driving position gives you a better view of the road than, say, Toyota's latest Corolla, and the headroom is way beyond that in the Japanese car.

The turning circle is simply incredible, so amazing in fact that I have forgotten what a three-point turn is. In this car, you never have to make them. You just swing the steering wheel round and the Spark more or less pivots on the spot. While other cars are bloated and fat, with vast amounts of interior space that will never be used - what is the point of having a big gap between the two front seats, for example? - the Spark is beautifully slim and can fit into narrow gaps that would scupper not just the Land Cruisers of this world, but also the Yarises and the Sunnys.

With its ability to fit into the tiniest of parking spaces, there is no better car around town- and even on motorways, the Spark will happily cruise at 120kph. Another plus point is reliability. My Spark has barely put a foot wrong in its first 11,000km, with the only problem being a leaking rear window washer that was fixed at the first major service. With South Korean cars, you now get Japanese quality at a much keener price. The price I paid was so keen, in fact, that I could have got two Sparks for the cost of one Nissan Sunny.

The financial side of owning one of the smallest cars on offer extends beyond the purchase cost. For all the petrol it uses, this car might just as well run on water. A full tank costs me little more than Dh40 and seems to last forever. Insurance costs are modest too - having to pay a premium of four per cent of the value of a Spark each year will hardly make you bankrupt - so at least you can actually make a claim when someone chooses to scratch the paintwork or dent your door.

I have friends with more expensive cars who decide against making repairs when their cars suffer cosmetic damage, so terrified are they of losing their no-claims bonus. When I finally come to leave the UAE, my pint-size blue Chevrolet will be the one thing that I miss more than any other. It has cheeky looks, lots of space, good build quality and is easy to drive. The day I say goodbye, the Spark really will have gone out of my life.

dbardsley@thenational.ae

Zakat definitions

Zakat: an Arabic word meaning ‘to cleanse’ or ‘purification’.

Nisab: the minimum amount that a Muslim must have before being obliged to pay zakat. Traditionally, the nisab threshold was 87.48 grams of gold, or 612.36 grams of silver. The monetary value of the nisab therefore varies by current prices and currencies.

Zakat Al Mal: the ‘cleansing’ of wealth, as one of the five pillars of Islam; a spiritual duty for all Muslims meeting the ‘nisab’ wealth criteria in a lunar year, to pay 2.5 per cent of their wealth in alms to the deserving and needy.

Zakat Al Fitr: a donation to charity given during Ramadan, before Eid Al Fitr, in the form of food. Every adult Muslim who possesses food in excess of the needs of themselves and their family must pay two qadahs (an old measure just over 2 kilograms) of flour, wheat, barley or rice from each person in a household, as a minimum.

The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
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UAE currency: the story behind the money in your pockets
MATCH INFO

CAF Champions League semi-finals first-leg fixtures

Tuesday:

Primeiro Agosto (ANG) v Esperance (TUN) (8pm UAE)
Al Ahly (EGY) v Entente Setif (ALG) (11PM)

Second legs:

October 23

Bombshell

Director: Jay Roach

Stars: Nicole Kidman, Charlize Theron, Margot Robbie 

Four out of five stars 

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BORDERLANDS

Starring: Cate Blanchett, Kevin Hart, Jamie Lee Curtis

Director: Eli Roth

Rating: 0/5

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

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How to turn your property into a holiday home
  1. Ensure decoration and styling – and portal photography – quality is high to achieve maximum rates.
  2. Research equivalent Airbnb homes in your location to ensure competitiveness.
  3. Post on all relevant platforms to reach the widest audience; whether you let personally or via an agency know your potential guest profile – aiming for the wrong demographic may leave your property empty.
  4. Factor in costs when working out if holiday letting is beneficial. The annual DCTM fee runs from Dh370 for a one-bedroom flat to Dh1,200. Tourism tax is Dh10-15 per bedroom, per night.
  5. Check your management company has a physical office, a valid DTCM licence and is licencing your property and paying tourism taxes. For transparency, regularly view your booking calendar.
Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

ICC Intercontinental Cup

UAE squad Rohan Mustafa (captain), Chirag Suri, Shaiman Anwar, Rameez Shahzad, Mohammed Usman, Adnan Mufti, Saqlain Haider, Ahmed Raza, Mohammed Naveed, Imran Haider, Qadeer Ahmed, Mohammed Boota, Amir Hayat, Ashfaq Ahmed

Fixtures Nov 29-Dec 2

UAE v Afghanistan, Zayed Cricket Stadium, Abu Dhabi

Hong Kong v Papua New Guinea, Sharjah Cricket Stadium

Ireland v Scotland, Dubai International Stadium

Namibia v Netherlands, ICC Academy, Dubai

NYBL PROFILE

Company name: Nybl 

Date started: November 2018

Founder: Noor Alnahhas, Michael LeTan, Hafsa Yazdni, Sufyaan Abdul Haseeb, Waleed Rifaat, Mohammed Shono

Based: Dubai, UAE

Sector: Software Technology / Artificial Intelligence

Initial investment: $500,000

Funding round: Series B (raising $5m)

Partners/Incubators: Dubai Future Accelerators Cohort 4, Dubai Future Accelerators Cohort 6, AI Venture Labs Cohort 1, Microsoft Scale-up 

How to get there

Emirates (www.emirates.com) flies directly to Hanoi, Vietnam, with fares starting from around Dh2,725 return, while Etihad (www.etihad.com) fares cost about Dh2,213 return with a stop. Chuong is 25 kilometres south of Hanoi.
 

RedCrow Intelligence Company Profile

Started: 2016

Founders: Hussein Nasser Eddin, Laila Akel, Tayeb Akel 

Based: Ramallah, Palestine

Sector: Technology, Security

# of staff: 13

Investment: $745,000

Investors: Palestine’s Ibtikar Fund, Abu Dhabi’s Gothams and angel investors

Major matches on Manic Monday

Andy Murray (GBR) v Benoit Paire (FRA)

Grigor Dimitrov (BGR) v Roger Federer (SUI)

Rafael Nadal (ESP) v Gilles Muller (LUX)

Adrian Mannarino (FRA) Novak Djokovic (SRB)