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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 members of its supervisory board, including chairman Ferdinand Piëch and chief executive Martin Winterkorn. The high-level delegation came to Qatar to attend the country's first auto show and the Middle East Automotive Summit.
Keep Reading: How (and Why) the Middle East is Buying into Europe’s Car Companies – Feature
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Source: http://www.caranddriver.com/features/11q2/how_and_why_the_middle_east_is_buying_into_europe_s_car_companies-feature
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