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MYNM posts record sales growth in 2009
Published in The Saudi Gazette on 15 - 07 - 2010

Mohamed Yousuf Naghi Motors (MYNM), BMW's exclusive importer in Saudi Arabia, recently hosted two exclusive gatherings for their corporate clients and customers to highlight the opportunities of fleet ownership and the new opportunities presented by their recent partnership with BMW Financial Services.
During the events, which took place at the Four Seasons Hotel in Riyadh and the Hilton Hotel in Jeddah, clients and potential customers were informed about the benefits of operating a BMW Group fleet in their companies or corporations, and utilizing BMW Financial Services that are now available in the Kingdom. The guests were also given insights into the range of models available, including the all-new BMW Gran Turismo and recently-launched BMW 5 Series, and the low costs of running and operating fleets through MYNM.
Anees Jamjoom, managing director of MYNM said: “BMW Group vehicles are the car of choice for many corporations, companies and governments across the world, none more so than here in Saudi Arabia. We also ensured that the BMW Financial Services team was also on hand to provide information about flexible financing solutions for fleet vehicles”
Through a recent partnership with AQSAT, private and corporate customers can now avail of a Murahaba financial solution, a Shariah-compliant financial package enabling customers to directly finance cars as opposed to only leasing them.” Jamjoom also noted that MYNM posted a 28 percent sales growth last year, making 2009 the most successful year in the company's history.
“This is a remarkable achievement for Mohamed Yousuf Naghi Motors and one which we are extremely proud of. This result is a testament to the dedicated work of our staff and the quality and excellence of our products and services. Moreover, it's a direct reflection of our huge investment in the business, which has enabled Mohamed Yousuf Naghi Motors to have a presence all over the Kingdom,” he added.


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