Hope and fear as tourists trickle back to Kashmir town after attack    Spain and Portugal scramble to restore power as officials chase cause of outage    Israel spy chief to step down after row with Netanyahu exposes deepening rifts    Saudi, Omani foreign ministers visit Rub' Al-Khali border crossing    From his own resources... Luminous lessons in leadership and humanity    Commerce Ministry recalls 6,500 Genesis cars due to risk of fire    Royal Institute of Traditional Arts implements Saudi-Chinese cultural exchange program    Localization in Saudi military industries rises to 19.35%    Logistics park for vehicles worth SR300 million to be set up at Dammam port    HONOR KSA expands its presence with new flagship Experience Store in Riyadh HONOR's first flagship store in KSA provides visitors with a premium experience, exciting offers and free services    Prince Sultan University launches first bachelor's program in language and media    Putin announces three-day Russian ceasefire in Ukraine from 8 May    Al-Falih: Eastern Province hosts 700 investment opportunities worth SR330 billion    Rock & Roll Hall of Fame picks Outkast but not Oasis    Duran leads Al Nassr past Yokohama Marinos into AFC Champions League Elite semi-finals    Al Ahli cruise past Buriram into AFC Champions League Elite semi-finals    Saudi orchestra to perform at Sydney Opera House in May    Al Hilal thrash Gwangju to reach AFC Champions League Elite semi-finals    Saudi Theater Commission launches its Work and Learn Project in UK    The season has begun — and one comment shook us all    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    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 car market sees bright road
Published in The Saudi Gazette on 31 - 12 - 2010

Jeddah Motor Show 2010 ends on high noteJEDDAH: As the car market in Saudi Arabia shifts to higher gear fuelled by renewed confidence in the economy, international car manufacturers - through their dealers in the Kingdom - enthusiastically launched a lineup of all-new 2011 models.
Industry analysts predict that by 2013, car sales in the Kingdom would hit 880,000 units a year, a 50 percent increase on 2008 levels. They say over three-quarters of all Saudi males of driving age are estimated to own one. Latest estimates have shown statistics have shown that on average, some 270,000 extra males would like to have their own vehicle in the next 10 years, so that by 2020, the Saudi market will still need around an extra 2.7 million vehicles, analysts added.
Against this backdrop, the five-day 32nd Saudi International Motor Show at the Jeddah Centre for Forums and Events concluded Thursday on high note.
For one, the French car manufacturer Peugeot will adopt a five-year strategy starting next year with the aim of raising its market share in the Kingdom to five percent until 2015 from only 1 percent at present, disclosed Othman A. Al-Amoudi, deputy general manager of Al-Motwakil Motors Co., an authorized Peugeot dealer.
He told Saudi Gazette that Peugeot's flagship model at this year's Jeddah motor show - the Peugeot RCZ sports coupe - drew the attention of both car aficionados and enthusiasts. At the heart of the Peugeot RCZ is a 4-cylinder engine that delivers 156 hp. It has a tag price of SR135,000. Its other variation is a turbo engine, manual transmission that delivers 200 hp.
Al-Amoudi said other Peugeot models that received positive response include the Peugeot 5008 minivan designed for the whole family "pure driving pleasure". The seven-passenger
Compact MPV sells for SR95,000.
Peugeot 3008 Crossover, at SR89,000, is based on a stretched version of the 308 chassis. Its most noticeable aspect is the aircraft-style cockpit. The Peugeot 3008 is characterized by the presence of large glass areas in favor of the windscreen of the vehicle mass, which extends far forward occupies an area of 1.60 m square, in giving passengers a better view of the cabin through the natural lighting inside.
The 3008 structure has been carefully designed to provide maximum secondary safety as well as provide a structure with the same level of rigidity of that of a saloon. To reduce emissions and, therefore fuel consumption and running costs, the weight of the vehicle was kept to a minimum.
Other Peugeot models that attracted primarily the younger generation are the 308cc with a price tag of SR120,000 and the 308 which costs SR71,000.
All new models come in a four-cylinder, 1600cc engine.


Clic here to read the story from its source.