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Saturday, November 28 - 2009

QAC, Doha Bank offer attractive schemes for Mitsubishi products

Qatar Automobiles Company, the exclusive dealer of Mitsubishi Motors in Qatar, and Doha Bank announced today the launch of a big automotive offer for the holy month of Ramadan.

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  • A group photo for QAC and Doha Bank.
    A group photo for QAC and Doha Bank.
With unbeatable rates, the campaign is set to foster market demand and provide existing clients and prospects with unique opportunities to purchase one of the most respected Japanese brands, Mitsubishi, while reveling in numerous added-value benefits, a hallmark of QAC's business approach.

R. Seetharaman, Chief Executive Officer of Doha Bank, said:
"Today's launch is a testament to the strength of our partnership with QAC, which is nothing short of symbiotic. Both Doha Bank and QAC are guided by common corporate principles of providing business solutions that are customized to meet market demand and enhance its purchasing dynamics. We're very pleased to be the preferred Auto loan provider for this campaign which is truly unique in all aspects and which surely offers unparalleled benefits."


Mr. Khalid Abu Shaa'ban, General Manager of QAC, said, "Our 2009 summer campaign was earmarked with a tremendous success. We have proudly exceeded our sales target for the past two months and are looking to achieve similar outstanding results with the new Ramadan offer. A customer-oriented company at heart, QAC goes to great extents to devise first-class automotive schemes that are tailor-made to every need and we're proud to be associated with Doha Bank to make this happen."

The QAC and Doha Bank Ramadan campaign promises Mitsubishi enthusiasts the best price deals and the lowest interest rates. Additionally, the campaign provides easy financing solutions through the bank together with the opportunity to avail of valuable purchasing vouchers and giveaways.

QAC has recently bagged its eighth award to date. The company was recognized as the Middle East's best sales achiever scoring highest percentage increase for 2008. QAC is also gearing up towards the upcoming opening of Doha's biggest automotive showroom located in Al Wa'ab City on Salwa Road.
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Notes and media contacts

About Qatar Automobiles Company:

Launched in 1970 by the late Sheikh Nasser Bin Khaled Al Thani, Qatar Automobiles Company (QAC) is the exclusive dealer of Mitsubishi Motors and Mitsubishi Fuso Trucks and Buses in Qatar. Since its inception, QAC has emerged as one of the strongest and most trusted automobile trading companies in the region, offering private and corporate auto services and original spare parts.

In a little over 35 years, QAC has acquired a large customer base. It comprises three showrooms, located on Salwa Road, Duhail and Ras Abu Abboud, together with four after-sales service centers and three original spare parts workshops conveniently located across Doha. Additionally, QAC is opening a new state-of-the art showroom, also situated on Salwa road.

QAC's innovations in the saloon car and 4x4 market has led the company to win a multitude of international awards from Mitsubishi Motors and Mitsubishi FUSO, including "Best Sales Award for 2003", "Best Performance Award in the Middle East for 2003", "Record Annual Sales Award for 2004", "One of the Best Dealers for 2004", and "One of the Best Dealers in the Middle East for 2005". Consecutively, in 2005 and 2006, QAC was awarded by MMC for achieving record annual sales. In 2009, QAC was also recognized as the ME's best sales achiever for its record results in 2008. Due to its excellent service, Qatar Automobiles Company is the main vehicle provider for ministries, governmental organizations and oil and gas companies.

Today, QAC is considered to be among the key players in Qatar's rapid growth. QAC's vital role can be seen in its continuous support to sports, which includes sponsoring rally championships, equestrian championships, tennis, marine sports and others. Such activities are in line with QAC's commitment to enhance the country's socio-economic progress and help lead it towards brighter horizons.

About Doha Bank:

Doha Bank is one of the largest banks in Qatar having a dominant position in Qatar banking landscape with 30 conventional branches, 5 Islamic branches, 11 e-branches, 5 pay offices, more than 110 ATMs in Qatar, existing overseas branches in New York, Kuwait and Dubai, rep offices in Turkey, Japan, Singapore, Romania, UK and China, and an extremely strong network of correspondent banking relationships. As the best performing bank in the Middle East, Doha bank has been consistently maintaining the best performance ratios.

Doha bank provides comprehensive range of banking services for different customer segments, unmatched in Qatar. In Retail Banking segment, it has offerings for all conceivable personal needs of individuals requiring financing support, savings and investment options. The Bancassurance offers comprehensive products for individuals and group, Islamic Takaful, and cover for all types of commercial requirement of corporate entities. Doha Islamic, the Islamic banking unit of Doha Bank offers a comprehensive range of products addressing diverse needs for individuals and corporates.

For more information, please contact:

Hala Kassab/ Ahmed Hritani/ Aileen Andojar
ASDA'A Burson-Marsteller
Doha, Qatar
T: + 974 4351 113
F: + 974 4351 511

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