Japan quake to slow Gulf car sales growth in 2011

Newswire

* Car sales forecast to grow 4 pct in 2011, well below 2010 * Japan disaster impact seen dissipating during summer * Lending rules to slow UAE, unrest hits sales in Bahrain By Martin Dokoupil and Martina Fuchs July 28 (Reuters) - Car sales in Gulf Arab states will rise by low single digits this year, far below forecasts, hampered by regional unrest and supply disruptions after Japan's earthquake. Tougher lending rules in the United Arab Emirates, the No. 2 Gulf market with over ...

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