Ford eyes Iraq Expansion

"The biggest opportunity coming up is Iraq. The stability and security is still an issue but that is a growth market, especially as hopefully the situation improves and they have great plans to increase oil output. It'll be a long-term opportunity, but it's out there. We see it as a big opportunity longer term," said Larry Prein, managing director of Ford Middle East.

Ford currently has one dealership in the country and is working with them to make a mark in Iraq, according to Gulf News.

Prein said that the company also plans to expand in Saudi Arabia next year. "We've seen stability in most markets in the Middle East and growth in some markets like Saudi Arabia," he said.

(Source: Gulf News)

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