• HSBC

Saudi automobile market overcomes the global financial crisis

  • Saudi Arabia: Sunday, February 01 - 2009 at 11:37
  • PRESS RELEASE

The global financial crisis led to a drop in car sales in 2008 and at the same time have been tightening loaning operations which led to the vulnerability of the financial operations of the daily car manufacturers in the world.

To address these problems, some companies have a series of measures including reducing the amount of production or reduce the number of employees, but the strength of the Saudi car market and being unaffected by this crisis impacted positively, and some companies have achieved an increase of car sales, despite the rumors in the market itself.

Suzuki Saudia, the sole distributor of Suzuki vehicles in the Kingdom of Saudi Arabia (KSA) and part of Bamarouf Group, has recently announced that 15% increase in sales was achieved at the end of 2008. The major demand for the Suzuki SX4 Sedan and Hatchback has translated to a 40% increase in target sales for the car.

The demand for the new SX4 sedan has seen a continuous rise. Buyers are choosing the SX4 among other vehicles in the market because of its impressive family-friendly features and offerings of safety and comfort.

Ahmad Shamaile, National Sales Manager of Suzuki Saudia, said,

"A growing number of small families are choosing the SX4 because of the comfort and safety it offers. As a result of "Suzuki Motor Corporation" extensive steady efforts the car was provided by what buyers are looking for in a car today; cost effectiveness, energy efficiency, safety and comfort."


"Moreover, the rising demand for the SX4 sedan is proof of the company's consistency in being able to meet market demands. It also shows the good reputation we have built in KSAs automotive sector," he added.

The Suzuki SX4 is a combination of the latest Japanese and European design and technology. Initially introduced to the global markets in 2007, the vehicle has been lauded as one of the best-featured and versatile compact sedans available in the market today.
 
Article Options
Log in to request more information from Suzuki

Notes and Media Contacts »

For further information, please contact:
Orient Planet PR & Marketing Communications
P.O.Box: 23345
Dubai, United Arab Emirates
Tel: 00971 4 398 8901
Fax: 00971 4 398 8941

Disclaimer »

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions