Saudi ministers meet UK's defense secretary to strengthen bilateral ties    Saudi-French Ministerial Committee holds second meeting to advance AlUla development    Abo Noghta Castles in Tabab joins UNESCO's Best Tourism Villages list    RSAF and Saudi Falcons captivate audiences at Bahrain airshow    Mike Tyson slaps Jake Paul during final face-off    South Africa's Mia le Roux pulls out of Miss Universe pageant    US hacker sentenced over Bitcoin heist worth billions    Ten dead in fire at Spanish retirement home    UN climate talks 'no longer fit for purpose' say key experts    Questions raised over Portugal's capacity to host Europe's largest annual tech event    Delhi shuts all primary schools as hazardous smog worsens    Riyadh lights up as Celine Dion and Jennifer Lopez dazzle at Elie Saab's 45th-anniversary celebration    Mohammed Al-Habib Real Estate Co. sets Guinness World Record with largest continuous concrete pour    Australia and Saudi Arabia settle for goalless draw in AFC Asian Qualifiers    PIF completes largest-ever accelerated bookbuild offering in MENA region    Saudi Arabia's inflation rate hits 1.9% in October, the highest in 14 months    Order vs. Morality: Lessons from New York's 1977 Blackout    South Korean actor Song Jae Lim found dead at 39    Don't sit on the toilet for more than 10 minutes, doctors warn    Saudi Champion Saeed Al-Mouri scores notable feat in Radical World Championship in Abu Dhabi with support from Bin-Shihon Group    France to deploy 4,000 police officers for UEFA Nations League match against Israel    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.



Hyundai at full throttle in Saudi Arabia
Published in The Saudi Gazette on 31 - 01 - 2015

HYUNDAI Motor Company has announced its third consecutive year of record sales in the Middle East region following the reporting of 2014 figures.
The region's second largest automotive manufacturer recorded 339,813 unit sales across the region in 2014, representing an increase of 3 percent when compared with 2013.
The Korean brand has broken the 300,000 sales barrier each year since 2012. The biggest market for Hyundai in the Middle East remains Saudi Arabia where an increase of 3 percent saw 147,647 units sold.
Both Jordan and Lebanon grew sales by 9.5 percent with 31,415 and 10,171 units sold respectively.
The UAE was also up with a total of 22,192 units sold, as were Kuwait and Oman, while the single biggest increases came in Yemen and Palestine – up by 30 percent and 13 percent respectively.
Demand for the SUV range, featuring Tucson, Santa Fe and Grand Santa Fe, proved strong across the region and accounted for 21.9 percent of total sales (74,419 units), representing the strongest growth segment for the brand.
Among those, sales of Grand Santa Fe leapt 101 percent (4,259 units) in its first full year on the market, while the Santa Fe posted a very strong rise of 24 percent (32,212 units).
Hyundai's range of compact and mid-size cars remained in high demand. Hyundai Elantra continues to be the best seller in the region, enjoying 92,881 units sold, followed by the Accent which recorded a boost of 9 percent totaling 79,013 units sold.
All-new Sonata helped push the mid-size sedan's sales up to 28,556 units with a rise of 6 percent.
The i10 the range posted the second highest growth of any nameplate with a jump of 67 percent (21,373 units) thanks in part to the expansion of the model range following the introduction of Grand i10 during 2014.
Tom Lee, Vice President and Head of Hyundai Africa and Middle East Regional Headquarters, said: “2014 was another successful year for us in the Middle East with a third consecutive record year.
This has helped us maintain our position as second highest selling automotive brand in the Middle East despite the strong offering of our competitors.
“Our success is built around our Modern Premium brand direction, which has inspired a range of cars that offers the Middle East car buyer a wide variety of relevant, high quality products to meet and exceed their needs and expectations, all of which is supported by a comprehensive dealer network offering outstanding service.”
Hyundai Motor Company reported an overall increase in 2014 sales across Africa & Middle East of 1.4 percent (511,494 units, including commercial vehicles) and 4.9 percent globally (4,963,456 units, including commercial vehicles). — SG


Clic here to read the story from its source.