KIA sales in UAE rise 43.8% in February 2006
Al Majid Motors Co. (Member of Juma Al Majid Group), the sole distributor for Kia vehicles in the UAE announced Thursday the year-on-year retail sales increase of 43.8%, for the month of February 2006.
By segment, the Passenger Cars sales for Al Majid Motors Co. over this period have increased 45.9% while recreational vehicles (RV) sales increased (4WD & Family Vans) 105.1%.
The continued strong sales of the popular Sportage compact SUV along with other stellar sellers including the recently launched all-new B-segment Rio sedan along with hatchback and the C-segment Cerato all together contributed 50.7% of the total sales which helped Al Majid Motors Co. to attain this robust performance in February 2006. The sales of passenger cars contributed 62.8% of the total sales and recreational vehicles and light commercial vehicles contributed 41.4% and 9.5% respectively during this period.
“We have been registering a steady monthly retail sales increase since February 2005 and we are confident that this momentum will go further with the expected launch of the all new family van Carnival and the D-segment Optima within this month”, said Mr. Samir Tayeh, General Manager of Al Majid Motors Co.
“This steady growth is a clear evident that the Kia brand is rapidly gaining recognition in the UAE as not just a maker of small compact passenger vehicles, but rather as a trusted manufacturer of a complete vehicle line-up, from the entry-level sub-compact vehicle to highly competitive recreational vehicles”, he added.
Al Majid Motors Co. (www.kia-uae.com) is the sole distributor for Kia vehicles in the UAE. AMMC is a member of Juma Al Majid Group, one of the most reputed business groups in the Arabian Gulf. AMMC currently sells Kia vehicles in UAE through a network of 7 showrooms, 2 dealers and 3 more new showrooms expected to be added soon. AMMC currently have 5.8% market share in the UAE. To attend the ever growing KIA customers in UAE, AMMC has a total fleet of 12 service centres and 15 parts centres. Al Majid Motors Co is celebrating its 17th year of operation in UAE.
- Reem Investments announces excellent 2006 results, reports 107 per cent rise in profit to AED 205 million
- KIA sales in UAE rise 65.5% in October 2005
- New Ford Edge GCC sales shoot up 87 per cent
- SWISS WATCH EXPORTS TO UAE CROSS AED 256 MILLION IN Q1 2006
- Swiss watch exports to UAE hit almost US$70 million in Q1 2006