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KIA sales in UAE rise 84.8% in June 2005

United Arab Emirates: Thursday, July 14 - 2005 @ 13:29

This strong June performance can be attributed to rising sales of the all-new A-segment Picanto, the C-segment Cerato and the B-segment Rio, which contributed 43.8% of the total sale in the month of June.

This positive sales momentum is expected to further accelerate with the soon-to-be-launched all-new B-segment Rio. The sales of passenger cars contributed 53.0% of the total sales and recreational vehicles and light commercial vehicles contributed 28.0% and 19.0% respectively.

For the first half of 2005, Al Majid Motors Co. has seen its retail sales leap by 55.3%. Over this period, AMMC sales for Passenger Cars increased 76.3 % while Recreational Vehicles sales increased (4WD & Family Vans) 31.4 % and Light Commercial Vehicles experience a 45.7 % increase which helped AMMC achieve No.4 position in total sales in the GCC, Middle East and North Africa region.

“The steady growth of sale is a clear evident that the Kia brand is rapidly gaining recognition in 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” said Mr. S.K. Ahmad, Studies & Marketing Manager of Al Majid Motors Co.

“The new additions to its rapidly growing vehicle line-up, which increasingly feature European styling and improved quality and safety facilities, helped us further in boosting KIA presence in the UAE”, he added.

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Thursday, July 14- 2005 @ 13:29 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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