“There is a crisis when the market is up 6 percent but the luxury sector is down by over 10 percent.” “There is competition in the luxury segment and it …
Category:
Automotive
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Nagy Heneine General manager, Bassoul-Heneine BMW, Mini, Renault, Alfa Romeo and Dacia “Sedans used to be the Lebanese car of choice at over 80 percent of sales,” said Nagy Heneine, …
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Lebanese auto dealers have had to handle a mixed bag of issues in 2009 as they worked to retain last year’s 45 percent rise in sales. For the dealership Bassoul-Heneine, …
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Car sales in the Gulf dipped by an estimated 27 percent this year in the wake of the financial crisis, but Lebanon, like Syria, has had a second successive year …
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