• HSBC

UAE car sales up 37%

  • United Arab Emirates: Tuesday, July 29 - 2008 at 09:08

A report by the Arabian Automobile Company has found that UAE car sales in the first six months of the year grew by 37%. The luxury market accounts for 24% of the value of sales. Of total GCC luxury sales the UAE accounts for 40%, followed by Saudi Arabia at 21% and Kuwait at 14%.

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