How Middle East Tension Adds Another Threat To Challenged Luxury Carmakers

The Middle East has become a growing high-margin market for the world's luxury and premium carmakers, and one they need right now. Competition in China is stiff, the US has erected tariffs, and companies are still processing the challenges of developing EVs and software defined vehicles. The Iran war could threaten this stable safe haven for brands such as Porsche, Mercedes-Benz, BMW, Rolls Royce, Ferrari, even challenged EV brands such as Tesla and Lucid. Producer: Robert Ferris Editor: Ryan Baker Animation: Jason Reginato, Emily Park Senior Managing Producer: Tala Hadavi Additional footage: Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to get ahead at work with AI? Sign up for CNBC's new online course, Beyond the Basics: How to Use AI to Supercharge Your Work. Learn advanced AI skills like building custom GPTs and using AI agents to boost your productivity today. Sign up today: https://cnb.cx/4qKBe6H Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC How Middle East Tension Adds Another Threat To Challenged Luxury Carmakers