Saudi luxury car sales seen rising despite global crisis
"Recession fears may be gripping much of the global economy, but in the world's largest oil exporter Saudi Arabia car manufacturers are betting on more big spending......
"The luxury car market in Saudi Arabia is the biggest one in the Gulf region, so for the BMW group it is the potential market focus," said Reiner Braun, sales director at Mohamed Yousuf Naghi Motors which imports BMW and other cars.
"The global crisis will certainly have an impact on all markets worldwide but ... the Middle East will probably be the most stable (market)."....."
"Recession fears may be gripping much of the global economy, but in the world's largest oil exporter Saudi Arabia car manufacturers are betting on more big spending......
"The luxury car market in Saudi Arabia is the biggest one in the Gulf region, so for the BMW group it is the potential market focus," said Reiner Braun, sales director at Mohamed Yousuf Naghi Motors which imports BMW and other cars.
"The global crisis will certainly have an impact on all markets worldwide but ... the Middle East will probably be the most stable (market)."....."
No comments:
Post a Comment