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

This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more