Saudi continues to offer lucrative prospects in SAR 9 billion market for automobile accessories, repair, after-sales service
The automobile accessories, repair and after-sales service equipment market in the Kingdom of Saudi Arabia (KSA) has been estimated to be worth SAR 9 billion, as the country continues to account for the biggest share of the GCC's car market. According to recent statistics, more than 2 million of the total 4.5 million cars in the GCC are found in Saudi Arabia, highlighting the huge market potential and the excellent investment opportunities in the sector.
As the longest-running and most important industry events in the Middle East, Riyadh Motor Show 2010 – The 28th International Exhibition for Motor Vehicles, and Saudi Autoshop 2010 – The 14th International Exhibition for Auto Repair Equipment, Tools, Parts and Accessories, are poised to introduce new car models and the latest value-added auto products and services in an effort to satisfy a seemingly insatiable demand in the GCC's biggest auto market. The back-to-back events will likewise provide an ideal gateway for investors, car manufacturers and distributors to take advantage of Saudi's promising growth potential as the events offer direct access to key market segments in the country.
Riyadh Motor Show and Saudi Autoshop will be concurrently held from December 5 to 9, 2010 (29 Dhu al Hijjah 1431 till 3 Muharram 1432) at the Riyadh International Convention & Exhibition Centre.
Kamil Al Jawhari, Project Manager of Riyadh Motor Show at Riyadh Exhibitions Company, said: "There are a host of exciting activities that have been lined up throughout the twin events as we expect more than 85,000 visitors from Saudi Arabia and all over the world, a very impressive figure that translates to tremendous market exposure for all exhibitors. Our goal is to ultimately strengthen the reputation of Riyadh Motor Show and Saudi Autoshop as a definitive gateway for lucrative business opportunities in the region's biggest auto market."
Riyadh Motor Show 2010 will showcase the latest models of passenger cars, station wagons, Sports Utility Vehicles (SUV), pick-up trucks, motorcycles, Special Purpose Vehicles, and 4x4 vehicles. It will also include automobile financing and insurance services.
Saudi Autoshop 2010 will feature the latest automobile accessories and repair service equipment; gas station equipment; automobile parts; tires, exhausts and batteries; and automobile care products.
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