Luxury carmakers' gold-leafed profits under threat from Iran war
Airfind news item
By Aditi Shah
Published on March 31, 2026.
The Iran conflict has resulted in disruption to the luxury car market, with second-hand Lamborghinis and Ferraris stranded at a port in Sri Lanka due to ships unable to dock in the Middle East. Meanwhile, luxury carmakers like Bentley are bracing for an impact on their profits as the Gulf market becomes less accessible. The Middle East is particularly important for profits due to its demand for bespoke models with mother-of-pearl inlays and gold-leaf finishes that fetch higher prices. The disruption is affecting Asia's used-car export trade, which exported roughly $19 billion worth of used cars last year. Despite temporarily shutting down dealerships across the Gulf, showrooms have seen a 30% drop in sales.
Read Original Article