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FINANCIAL NEWS
Volkswagen’s 2012 sales forecatsed to grow 50% in ME
01 Feb 2012
(MENAFN) Volkswagen’s Managing director of operations in the Middle East, Stefan Mecha, said that the company expects a fifty percent growth for its Lamborghini projects in the Middle East, reported Bloomberg.
Mecha added that the auto-maker plans to introduce its Polo subcompact and Passat sedan to the Middle East in 2012.
Mecha said that the company was able to secure a forty percent increase in sales back in 2011.
It is worth mentioning that analysts view the increase in car-sales in the Middle East as a result of more governmental spending in the region, as governments are trying to maintain people’s confidence and satisfaction after the Arab Spring.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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