• HSBC

Car sales drop by 20% in Abu Dhabi

  • United Arab Emirates: Wednesday, May 13 - 2009 at 10:16

Syed Humayun Alam, assistant general manager of Abu Dhabi's Nissan distributor, Al Masaood Automobiles, told Khaleej Times that car sales in Abu Dhabi have dropped by 20% during the first four months of 2009 compared with same period last year, as banks have increased interest rates and salary requirements. Alam has expressed hope of higher sales after the month of Ramadan.

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