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Thursday, November 12 - 2009

Al Yousuf Motors sells 50% of all General Motors cars in UAE in 2005

  • United Arab Emirates: Wednesday, January 18 - 2006 at 13:26
  • PRESS RELEASE

In 2005 Al Yousuf Motors broke all previous sales records, and 2006 looks to be an even bigger, better year for the General Motors cars dealer, according to top executives with the UAE-based company.

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  • Suhail Zain Eldeen, Chief Operations Officer, Al Yousuf Group.
    Suhail Zain Eldeen, Chief Operations Officer, Al Yousuf Group.
In a first-of-its-kind achievement, Al Yousuf Motors, a division of Al Yousuf LLC, sold 67% of all Chevrolet cars in 2005 in the UAE.

Al Yousuf Motors realized growth of 88% in 2005 over 2004. The company sold 2,693 Chevrolet cars in 2004; in 2005, 5,078.

Al Yousuf effectively doubled its target set by General Motors, Chevrolet's parent company.

"These record-breaking figures demonstrate that we at Al Yousuf understand what our customers want and are able to accommodate all their different needs. This is more important than ever before as customers are buying new vehicles more frequently than they used to, and we want to maintain and build on our relationship,"

said Suhail Zain Eldeen, Chief Operations Officer, Al Yousuf Group.

"We believe that the automobile market in the UAE is booming, and we expect even bigger sales gains in 2006," added Zain Eldeen.

Executives at Al Yousuf Motors say that the average time to trade up to a new model is now two years, and not five years, as previously.

Besides competitive prices, the high sales were attributed to a number of special package deals, tailor-made buying solutions and the easy financing facilities that accompany them.
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About Al Yousuf:
Al Yousuf LLC was founded in Dubai in 1953 and since that time has steadily grown to become one of the leading commercial groups in the UAE. Al Yousuf operates across a wide range of industries, including automobiles, marine, manufacturing, real estate, information and communication technology, electronics goods and chemicals.

With 'partnership' at the core of all its activities, the Group has developed strong value-added relationships with major international brands Chevrolet, Yamaha, Daihatsu, Daewoo and Suzuki in the auto and marine segments, LG in electronics, and ATI/Sapphire, Avaya, CNet, Concerto-Aspect, Epson, NEC, SimpleTech and ViewSonic in the ICT sector.

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