How Middle East Tension Adds Another Threat To Challenged Luxury Carmakers

The auto market in the entire Middle East is less than a fifth of the size of the United States. Only about 3 million cars sold in the region in 2025. But it's more important than that number suggests, and it's because of cars like these.In terms of volume, Iran is the biggest market in the region. Two of the top three biggest sellers are domestic car brands Iran Khodro and Saipa, which only sell in Iran. Japanese carmaker Toyota Korea's Hyundai and Chinese maker Chery are the three biggest international br ...