Monday, 13 June 2011

gulfnews : New vehicle sales slow down in UAE

Automobile dealerships in the Gulf could be in line for their worst first-half performance since 2009 as new vehicle sales slow down to a crawl in the UAE. In Bahrain, sales continue to be under extreme pressure as the retail sector reels from the recent upheaval.

Saudi Arabia, in contrast, provides the sole silver lining and auto industry sources are hopeful that the second half of June will see heightened activity in the wake of the government's recent cash bonus payments for nationals.

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