Tuesday, January 19, 2016

New car sales up five percent. Japanese cars topped market share, boosted by a favorable yen


The market of new car sales increased by five percent in 2015, with heightened competition, discounts and special offers, in addition to the expansion of sales of Japanese and European cars, due to the improvement of yen and euro exchange rates against the US dollar.

Salim Saad, advisor to the Automobile Importers Association (AIA) said that the increase is not considered significant. "Most of the sales are for small cars, where fierce competition manifests itself through special promoti...

Article details

No comments:

Post a Comment