KIa fist half sales in the UAE

From: Promax Middle East
Published: Thu Jul 14 2005

Al Majid Motors Co. (Member of Juma Al Majid Group), the sole distributor for Kia vehicles in the UAE announced the year-on-year retail sales increase of 84.8%, setting a new record monthly sales, for the month of June 2005.

This strong June performance can be attributed to rising sales of the all-new A-segment Picanto, the C-segment Cerato and the B-segment Rio, which contributed 43.8% of the total sale in the month of June. This positive sales momentum is expected to further accelerate with the soon-to-be-launched all-new B-segment Rio. The sales of passenger cars contributed 53.0% of the total sales and recreational vehicles and light commercial vehicles contributed 28.0% and 19.0% respectively.

For the first half of 2005, Al Majid Motors Co. has seen its retail sales leap by 55.3%. Over this period, AMMC sales for Passenger Cars increased 76.3 % while Recreational Vehicles sales increased (4WD & Family Vans) 31.4 % and Light Commercial Vehicles experience a 45.7 % increase which helped AMMC achieve No.4 position in total sales in the GCC, Middle East and North Africa region.

"The steady growth of sale is a clear evident that the Kia brand is rapidly gaining recognition in 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" said Mr. S.K. Ahmad, Studies & Marketing Manager of Al Majid Motors Co.

"The new additions to its rapidly growing vehicle line-up, which increasingly feature European styling and improved quality and safety facilities, helped us further in boosting KIA presence in the UAE", he added.

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Al Majid Motors Co. (, member of Juma Al Majid Group is the sole distributor for Kia vehicles in the UAE. AMMC currently sells Kia vehicles in UAE through a network of 6 showrooms, 2 dealers with 2 more new locations expected to be added in the 2nd half of the year and has a market share of 4.7%. To attend the ever growing KIA customers in UAE AMMC, with the newly added 13,750 square meters state of the art new service centre, one of the largest in the region, has a total fleet of 12 service centres and 15 parts centres. Al Majid Motors Co is celebrating its 16th year of operation in UAE.
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Company: Promax Middle East