Q3 Results : General Motors has sold 98,635 units vehicles Middle East-wide in 2007 (September YTD), a 1% decrease from September sales in 2006. The drop is attributed to heightened fleet purchase in Q3FY06.
Chevrolet registered a 1% increase with 68,895 units sold throughout the region.
Cadillac and HUMMER sales were up 21% to 4,576 units, while Saab sold 245 units, up 35%. Sales of 24,654 units left GMC dealer forecourts, down 9% from the previous year.
Across the region, the model to gain most sales was the Chevrolet Suburban, with 3,191 units registered, up 238 per cent. Chevrolet Tahoe sales went up 203 per cent to 6,640 units. Both models are in their first year in the Saudi market. The Chevrolet Aveo continues to remain a best selling model in the Chevrolet range. At the end of the third quarter the total sales for Aveo amounted to 11,248 vehicles, a 7% growth compared with 2006.
YTD 2007 in the UAE- YTD Sept 2007 13,527 units vs YTD 06 11,642 units, up 16%
Chevrolet sales up 6% to 9,846 units
GMC sales up 69% to 2,408 units
Cadillac & HUMMER sales up 35% to 1,273 units Saab sales up 31% to 71 units
footnote: GM's tally for FY2006: 140,509 vehicles in the Middle East, representing a 24 percent increase over figures recorded in 2005. the company continues to introduce pioneering programmes in the region. One example is GMs' unique Nationalisation programme in the Kingdom of Saudi Arabia, which has been officially recognised by the Saudi government as a benchmark for training young nationals.
Thursday, October 25, 2007
Sunday, October 21, 2007
Tuesday, October 16, 2007
Car Loan Defaulters Beware !!
According to reports, Dubai-based Sekurus International has introduced an electronic device to prevent drivers from defaulting on car loans. The device, which is fitted to a vehicle, reminds the borrower with a flashing light when a payment is due and disables the ignition system if the dues not paid. The system may be of great interest among all car financiers, car rentals, and even corporate and families with a fleet of cars, in ME
While the option to track defaulters will be a key feature, other features like vehicle tracking etc will be the add on features...
While the option to track defaulters will be a key feature, other features like vehicle tracking etc will be the add on features...
Jaguar & Rover Car-Brands up for Sale
As part of Ford's bold initiatives to streamline its operations and to return to long-term profitability, it is in the process of selling of its two UK -based brands, Jaguar & Land Rover. Acc to reports, both brands will in all likelyhood be sold to a single bidder... in two months. Several prominent names are going around as possible buyers, investors to companies in India
Ford has already solf off Aston Martin and as per reports are reviewing their Volvo car brands too.
Friday, October 12, 2007
My new car Toyota Landcruiser Prado
It is exactly one year since I came over to ME. Own car is a necessity here to move around. The
weather does not permit much of walking around...
Car Purchase is always a big decision. It is 'big' not only for the financial part of it, but also
it becomes an important part of our life. It later on grows on you... :) Family loves it, especially kid(s). For parents and elders, it is a sign of success ! For me, my car is second wife.
I took my own time to get a local licence. Then, went around for few months in rent-a-cars, to familiarise myself with the routes and of course,the traffic ! It also gave me opportunity to try out some good Car-models. Then started the evaluation of cars to decide on the model to buy.
The parameters on which I evaluated were: budget/re-sale value/hassle-free performance/good airconditioning/ a top & popular brand. But, one things was clear, I would buy SUV only. Just as the process of going through a journey is as interesting as reaching destination, the evaluation process was fun. I looked at all possible options: internet, brochures/magazines, car dealer-friends, experts from auto industry, advice from friends ( got loads of it !), etc.
At the end of this month-long process, I have gone ahead with a Toyota Landcruiser Prado VX3. It took care of all my parameters, though a shade above my budget. It is definitely one of more prominent brands and enjoys high resale value. Most importantly, it comes from Toyota staple. I have heard & read so much about Toyota quality. I look forward to my own Toyota experience. Hope they don't dissappoint me... But then, my first experience has been nothing less than a wonderful driving experience.
weather does not permit much of walking around...
Car Purchase is always a big decision. It is 'big' not only for the financial part of it, but also
it becomes an important part of our life. It later on grows on you... :) Family loves it, especially kid(s). For parents and elders, it is a sign of success ! For me, my car is second wife.
I took my own time to get a local licence. Then, went around for few months in rent-a-cars, to familiarise myself with the routes and of course,the traffic ! It also gave me opportunity to try out some good Car-models. Then started the evaluation of cars to decide on the model to buy.
The parameters on which I evaluated were: budget/re-sale value/hassle-free performance/good airconditioning/ a top & popular brand. But, one things was clear, I would buy SUV only. Just as the process of going through a journey is as interesting as reaching destination, the evaluation process was fun. I looked at all possible options: internet, brochures/magazines, car dealer-friends, experts from auto industry, advice from friends ( got loads of it !), etc.
At the end of this month-long process, I have gone ahead with a Toyota Landcruiser Prado VX3. It took care of all my parameters, though a shade above my budget. It is definitely one of more prominent brands and enjoys high resale value. Most importantly, it comes from Toyota staple. I have heard & read so much about Toyota quality. I look forward to my own Toyota experience. Hope they don't dissappoint me... But then, my first experience has been nothing less than a wonderful driving experience.
Ramadan discounts push car sales up in KSA
The holy month indeed is a period when the market witness a lot of push strategies... This Ramadan was no different.
http://www.menafn.com/qn_news_story_s.asp?StoryId=1093169893
http://www.menafn.com/qn_news_story_s.asp?StoryId=1093169893
Thursday, October 11, 2007
JEEP ad
Car ads have always been interesting...
If it has animals & birds, more fun.
Liked this ad of 2008 Jeep Liberty : http://www.jeep.com/en/sessions/
If it has animals & birds, more fun.
Liked this ad of 2008 Jeep Liberty : http://www.jeep.com/en/sessions/
Subscribe to:
Posts (Atom)