BMW car sales in Middle East up 13% y/y in H1.

By bne IntelliNews July 16, 2010
The German car manufacturer BMW said in a statement its car sales in the Middle East have increased by 13% y/y to reach 8,096 BMW and MINI vehicles in H1. The highest number of sales was registered in Abu Dhabi with 1,478 cars, followed by Saudi Arabia 1,707 cars. The company's 7 Series sales across the 14 Middle East markets grew by 16% y/y to 2,402 cars while its MINI brand sales soared by 28% y/y to 293 cars between January and June this year, the statement added. In 2009, BMW Middle East posted 9% y/y fall in car sales with a total of 14,557 BMW and MINI vehicles sold in the region.

Related Articles

Bahrain Middle East Bank fully repays USD 13mn debt.

Bahrain Middle East Bank made a USD 13mn full repayment of a loan obligation including a USD 1.4mn interest payment taking total repayments by the troubled lender to USD 43mn, the bank said in ... more

National Bank of Abu Dhabi launches USD 17mn Uridashi bond, MENAs first ever.

National Bank of Abu Dhabi (NBAD), the UAE's largest lender by market value, initiated a USD 17mn fifteen-year Uridashi bond, MENA's first ever, allowing the bank to directly access Japanese ... more

GCC economies resilient to MENA turmoil but constrains persist S&P.

The GCC economies remain insulated from economic and political turbulence in the MENA region and globally but structural challenges continue to constrain sovereign ratings, ratings agency ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss