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Gulf sales boost car makers
- Middle East: Thursday, August 21 - 2008 at 09:02
Sales of luxury automobiles in the Middle East are helping to boost the bottom lines of carmakers who are seeing sales struggle in the US and Eurpope, reported The National. Lexus UAE reported a 50% increase in year-on-year sales for the first half of this year, while Lexus sales in the US were down by 15% for the same period. Abu Dhabi Motors, whose brands include BMW and Rolls-Royce, reported a 36% sales growth last year, as well as the third-highest sales volume of any Rolls-Royce dealer in the world. Sunil Oommen, the assistant sales and marketing manager for Honda in Dubai, said car sales are being boosted in the Gulf by the sheer number of people who are coming into the region.
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Jeff Florian, Senior ReporterThursday, August 21 - 2008 at 09:02 UAE local time (GMT+4)
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