Financial downturn fails to impact on luxury car demand

02/02/2010 - Dubai Lifestyle News
Financial downturn fails to impact on luxury car demand
Posted by Neil King

Luxury car demand in Dubai does not appear to have been hit by the global financial crisis.

According to Abu Dhabi Motors, which sells BMWs, Minis and Rolls-Royces, 2009 was the best year it has ever had for sales.

The dealership shifted more than 2,600 cars last year the highest amount in the firm's 20-year history.

Arno Husselmann, general manager of Abu Dhabi Motors said: "We are delighted to record such positive sales results amid tough market conditions.

"Although we anticipate some of the challenges faced in 2009 to remain during 2010, we will continue with our commitment to offer the best products and deliver the best service to our customers here in the capital."

The firm saw sales of BMW X6 Sports Activity Coupes increase by 78 per cent, while sales of the 7 Series and Z4 roadster climbed by 122 per cent and 150 per cent respectively.

Recently Dubai Investments, the largest investment company listed on the Dubai Financial Market, said its results for 2009 were higher than expected.ADNFCR-2019-ID-19593344-ADNFCR
There’s never been a better time to invest in Dubai, say industry heavyweights heading to this month’s Cityscape Global Conference. Invest in your Future - Click here to learn more.