Thursday 8 December 2016
 
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Car sales

VW eyes higher 2016 car sales on China, Europe demand

Volkswagen this year expects to increase group vehicle sales slightly beyond the 9.93 million cars it delivered in 2015, sales chief Fred Kappler said. Strong demand in China, Volkswagen's (VW) largest market, and Western Euro

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VW eyes higher 2016 car sales on China, Europe demand

Volkswagen this year expects to increase group vehicle sales slightly beyond the 9.93 million cars it delivered in 2015, sales chief Fred Kappler said. Strong demand in China, Volkswagen's (VW) largest market, and Western Euro

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Iran economy stalls as shoppers await foreign brands

Two months after Iran reached a nuclear deal that will open its markets to the world, officials are warning of economic stagnation as consumers hold off on purchases of domestic goods while they wait for international brands to arrive.

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European car sales surge 6.4pc in Sept

New car sales in Europe accelerated by 6.4 per cent in September, the 13th month running of increases as a recovery in the market spreads across the continent, according to official data. The European Automobile Manufacturers Asso

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Q1 car sales increase 3.2pc in Saudi

Sales of new cars in Saudi Arabia grew 3.2 percent in the first quarter to 190,000 units, compared to 184,000 in the same period last year, an Arab News report said quoting local media. The increase in car sales is due to the high

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Ford posts 23pc sales growth in Bahrain

US automotive giant Ford has seen 23 per cent growth in Bahrain sales last year with Almoayyed Motors, the local importer-dealer for Ford and Lincoln, recording a strong fleet sales growth of about 80 per cent. "The results are tha

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Saudi car sales up 6pc

Saudi Arabia registered a six per cent growth in the purchase of cars by its nationals which rose to 750,000 cars last year, according to a report. The first choice among Saudis was for Japanese cars, followed by Korean and last t

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Bentley posts record 45pc growth in ME sales

Luxury automaker Bentley Motors delivered 1,185 cars in the Middle East in 2013, as against 815 cars in 2012, reflecting a record growth of 45 per cent. The British carmaker also a 38 per cent rise in sales of its flagship model,

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UAE new car sales set to top pre-crisis peak

New car sales in the UAE are likely to jump above the peak achieved in 2008 before the global credit crunch sent its economy into a downturn, a leading figure in the country's automobile sector said.

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Saudi car sales ‘will hit $25bn in 2013’

Saudi Arabia is currently the largest automotive market in the Gulf and car sales are expected to hit SR94 billion ($25 billion) in 2013, said a top official. “Today, the Kingdom is a major market with firm restrictions on t

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