Toyota SME records 27% growth in 2013
Al-Futtaim Motors, exclusive distributor of Toyota in the UAE has announced its participation as the exclusive automotive partner in the SME World Summit and shared how the company plans to support the continued nation-wide economic success of the SME segment.
Being the automotive partner of choice for SMEs in the UAE, Al-Futtaim Motors offers comprehensive packages and tailor-made solutions that suit the needs of its various SME customers across many industries.
Described as the fastest growing department within Al-Futtaim Motors, the Toyota SME team has been registering continuous growth over the past three years. Toyota SME recorded 27% growth in 2013, due to the many new vehicles that were launched, offering excellent fuel economy, the lowest total cost of ownership and the highest resale value in the market.
While Corolla, the world’s best-selling car has always enjoyed a great appeal among SMEs, it registered a substantial growth of 66% in the SME sales in 2013 compared to the previous year. In the Light Commercial Vehicle (LCV) segment, Hilux pick-up has seen a staggering sales increase of 102% in the first quarter of 2014, a healthy sign of the economic boom being experienced in the UAE.
“Our strategy is to anticipate our SME customers’ needs and not simply react to their demands,” said Jon Williams, Managing Director of Al-Futtaim Motors. He added, “Being the market leader, with the largest line-up of 19 affordable yet reliable models, we believe Toyota is the best automotive partner for companies looking to operate a headache-free fleet for many years while enjoying excellent after sales and customer service.”
With leading Islamic and conventional network of banks offering competitive finance solutions, excellent insurance products, buy-back solutions, zero down payment, and deferred payments, Al-Futtaim Motors enables its SME customers to run their fleets without upfront liquidity enabling them to use their capital for investment in their core business functions and expansion plans. SME World Summit is a business meet for more than 200 small companies operating in the UAE, and offers over 70 participating companies the best opportunities for business growth in the region.
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