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Companies / Qatar

Poor Sales Drag Down New Car Prices

February 2010 | Industry Trend Analysis

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A wave of promotions is expected to cut new car prices in Qatar by as much as 10%, as dealers look to clear inventories. After record low sales in 2009 the Peninsular newspaper reports that dealers are cutting prices on both old stock and new cars arriving for 2010. The report adds that the prices on some US and Japanese cars are down to 2003 levels due to a lack of