Please do not show again Close
Wednesday, November 25, 2009  | 
select country C
 
select country

BREAKING NEWS | Kuwaiti accused of fire case to see shrinks
EUR | GBP Up 1.109 ,  USD | EUR Down 0.667 ,  USD | GBP Down 0.602

BMW used car sales rise 45 pct; Dubai on top

July 16, 2009
Country: UAE , Egypt , Iraq , Iran , Jordan , Lebanon , Palestine , Syria
Client(s): BMW Group Middle East

BMW Group said sales of used cars in the Middle East increased by 45 percent in the first six months of this year compared with the same period in 2008 at a time the industry is seeing dwindling new car sales.

Dubai was the top market for the used cars sold under its sub-brand Prime Selection followed by Saudi Arabia, Abu Dhabi and Qatar.

The company sold about 957 vehicles in eight markets in the Middle East.

"Given the current economic climate, we see huge potential to grow these numbers further," said James Crichton, sales and marketing director at BMW Group Middle East.

Cars sales have suffered in the Gulf this year with banks becoming reluctant to lend to buyers of new vehicles.

According to forecasts in the early part of the year, car sales across the UAE were down about 40 percent.

Company Information
No information available

Contact Information
No information available


Arroyo's ally top suspect in massacre
11/25/2009 5:06:52 AM
1 | |
I guess you need to verify this claim, both of them are Arroyo's ally! Toto Mangudadatu is the owner of La Furtera Banana that we are eating here in the Gulf and he is a big contender of... MORE
Iran couples arrested for partner swapping
11/25/2009 4:33:46 AM
2 | |
I agree with Mr. Bin Salsal, it is allowed to have a Mu'tah (temporary marriage) that can last for a few hours, days or months in the Islamic Republic of Iran, so such illicit sexual... MORE
UK builders chase $331 mln unpaid Dubai bills
11/24/2009 7:10:16 PM
1 | |
What about the Irish investors that have bought off plan as far back as 2006? We have over half our units paid for and work has not even started yet and they will not tell us if it is ever... MORE