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UAE Mercedes Benz dealer plans financing venture
- United Arab Emirates: Wednesday, April 01 - 2009 at 10:13
Rashed Abdul al Fahim, the managing director of Al Fahim Group, the holding company behind Mercedes-Benz dealerships in Abu Dhabi, told The National that sales have dropped by 20% to 25% in the first quarter but that it was working with Mercedes-Benz's parent company Daimler to establish Daimler Financial Services in the Emirates by the end of 2009. The Al Fahim Group is moving to a new building in Musaffah, just outside Abu Dhabi, next month, which will be the largest Mercedes Benz facility in the world.
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StaffWednesday, April 01 - 2009 at 10:13 UAE local time (GMT+4)
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