KIA sales in UAE rise 118.2% in September 2005
October 09, 2005
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Client(s):
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Juma Al Majid Group
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Al Majid Motors
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Kia Motors Corporation
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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 118.2%, setting a new record monthly sale, for the month of September 2005.
Al Majid Motors Co.’s robust performance can be attributed to continued strong sales of the new C-segment Cerato as well as stellar initial sales of the recently launched all-new B-segment Rio sedan and hatchback, which together contributed 40.6% of the total sale in the month of September. The sales of passenger cars contributed 59.7% of the total sales and recreational vehicles and light commercial vehicles contributed 26.4% and 13.9% respectively.
From January through September of this year, Al Majid Motors Co. has seen its retail sales increase of 67.9%. Over this period, AMMC sales for Passenger Cars increased 79.8% while Recreational Vehicles sales increased (4WD & Family Vans) 47.3% and Light Commercial Vehicles experience a 71.0% increase.
“With the introduction of completely redesigned models such as the B-segment Rio and Sportage SUV, Kia Motors continues the reincarnation of its flagship vehicles to complement the earlier introduction of all-new vehicles such as the award-winning Sorento SUV, the premium midsized sedan Opirus, the C-segment Cerato and the immensely popular A-segment Picanto”, said Mr. Samir Tayeh, General Manager of Al Majid Motors Co.
“This steady growth of sale for the past few months is a clear evident that the Kia brand is rapidly gaining recognition in the 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” he added.