How (and Why) the Middle East is Buying into Europe?s Car Companies

The Mideast Gets a Piece: Qatar, Bahrain, and others have taken stakes in major automakers. This past January, a Boeing 747 loaded with 11 Volkswagen Phaetons landed at Doha, the capital of Qatar, in the Persian Gulf. The cars and their drivers had been sent there for one day to chauffeur Volkswagen?s senior executives and [...]

Source: http://feedproxy.google.com/~r/caranddriver/blog/~3/u04Lw0j3__Y/how_and_why_the_middle_east_is_buying_into_europe_s_car_companies-feature

automobiles companies auto production statistics automobile industry growth automakers market share