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Luxury car sales drop 30% in Dubai due to Iran conflict.
Luxury carmakers face a downturn in their most profitable market as conflict in Iran disrupts the Gulf region.
Although the Middle East accounts for less than 10% of global volume, it drives outsized profits through custom features that triple vehicle prices.
Brands like Rolls-Royce and Ferrari are monitoring the situation, with dealerships in Dubai reporting sales drops of 30% after reopening, though ultra-high-end sales remain stable.
As global demand weakens, the Gulf’s role as a growth engine is now under serious threat.
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Las ventas de autos de lujo caen 30% en Dubai debido al conflicto con Irán.