Al Hilal advances to AFC Champions League knockout stage despite 1-1 draw with Al Sadd    Finance minister: All Vision 2030 projects have sustainable funding that won't affect public finances    Crown Prince announces medium-term debt strategy to diversify funding sources "A resilient economy capable of overcoming challenges reflects progress towards achieving Vision 2030 goals"    'No excuses' for Israel to not accept ceasefire deal, EU foreign policy chief says    Alkhorayef highlights role of National Initiative for Global Supply Chains in boosting Saudi economy    Saudi Arabia signs investment deals worth SR35bn with foreign firms to strengthen global supply chains    Saudi Arabia unveils updates on Expo 2030 Riyadh master plan at 175th BIE General Assembly Riyadh Expo Development Company established to oversee strategic planning, operations, and legacy development    Riyadh Season draws 8 million visitors in 6 weeks    Saudi FM attends Quadripartite meeting on Sudan in Italy    Gangsters block aid distribution in south Gaza    Russian deserter reveals war secrets of guarding nuclear base    Georgia's new parliament opens first session amid mass protests and boycott    Best-selling novelist Barbara Taylor Bradford dies    Cristiano Ronaldo's double powers Al Nassr to 3-1 win over Al Gharafa in AFC Champions League    Al Ahli edges Al Ain 2-1, bolsters perfect start in AFC Champions League Elite    Al-Falih: 1,238 foreign investors obtain premium residency in Saudi Arabia    Most decorated Australian Olympian McKeon retires    Adele doesn't know when she'll perform again after tearful Vegas goodbye    'Pregnant' for 15 months: Inside the 'miracle' pregnancy scam    Do cigarettes belong in a museum?    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Saudi automotive sector to hit SR26b
Published in The Saudi Gazette on 14 - 10 - 2012

JEDDAH – The Saudi automotive industry is projected to reach around SR26 billion in the coming years, industry experts said. With an estimated 75 percent of all Saudi males of driving age owning at least one vehicle, Kingdom's high automobile penetration rate has been driving the rapid growth of the country's auto parts and after-sales service market, while creating opportunities for leading international brands to sustain their expansion initiatives in the Kingdom and across the region.
Saudi Arabia already tops BMI's Risk/Reward Ratings for the autos sector in the Middle East and North Africa.
New-car sales in Saudi Arabia are projected to cross one million units in 2018 in view of rapid trade and economic expansion in the Kingdom.
The study said the estimated value includes direct sales, spare parts and accessories, and after-sales services. Recent statistics from the Board of the Saudi Chambers of Commerce confirmed that the Kingdom has evolved into one of the largest automotive markets, rolling out around 700, 000 vehicles in 2011.
Saudi automotive companies typically augment their market share by driving up competitiveness in genuine spare parts, providing superb after-sales services and introducing new vehicles for different audiences whether individuals or companies. With this in mind, Suzuki Saudia, the sole distributor of Suzuki vehicles in Saudi Arabia and part of the Bamarouf Group, has decided to introduce the new 2013 Suzuki Swift DZire sedan. The move reflects the company's strategic expansion within the Saudi automotive sector, especially as the Kingdom is enjoying steady economic and business growth and is witnessing heightened demand for vehicles.
“The 2013 Suzuki Swift DZire” offers a perfect suspensions – the front integrating a MacPherson strut with coil spring and the rear featuring a torsion beam with coil spring – provide higher mounting rigidity and confident stability. This results in a more enjoyable and steady drive.
Moreover, the new 15-inch ventilated front disc and the rear drum brakes along with a Brake Assist System (BAS) provide greater braking efficiency even in emergency situations. Additionally, the “Swift Dzire” sedan also maintains dual airbags, an ABS (Anti-lock Breaking System), fog lamps, a CD player with an mp3 player as well as a USB outlet, with remote control. And finally the vehicle is portrayed with alloy wheels, signal lights and a power package. The Suzuki Swift DZire sports a K-12 engine powered by an impressive Variable Valve Timing (VVT) technology which synchronizes valve opening and closing to deliver enhanced power and efficiency, smoother acceleration, and quicker response.
Maher Al Nabawi, Deputy General Manager of Suzuki Saudia, said: “The 2013 Suzuki Swift DZire is perfect for small- and medium-sized families, young drivers, and sedan enthusiasts who want a small mid-sized vehicle that can deliver high standards of performance, safety, luxury, and durability. Drivers will definitely enjoy its workhorse capabilities and how it deftly handles on the roads.” – SG


Clic here to read the story from its source.