• HSBC

GCC car sales pick up in Q2

  • United Arab Emirates: Saturday, June 13 - 2009 at 12:03

A report from AutoMiddleEast.com has revealed that distributors are positive about the market as car sales in the GCC region picked up during the second quarter of 2009. Disparities were found evident between the luxury end and the high volume mid market but the report was conclusive that overall the outlook is positive. However, General Motors distribution has confirmed it will see an overall fall in sales in the GCC and Levant from 1,150,000 in 2008 to around 850,000 units in 2009.

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