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FINANCIAL NEWS
Audi targets annual sales of 20k units in ME by 2020
23 Jan 2013
(MENAFN) Audi Middle East managing director, Trevor Hill, stated that by the end of the decade, the German automaker would double its annual sales in the Middle East to a minimum of 20,000 units, reported Arab News.
Hill said that the Ingolstadt-based firm has increased capacity to meet its target, and now it must enhance volume and quality.
He noted that the luxury carmaker has 7 major construction projects on the way, such as showrooms and after-sales service facilities in the UAE, Oman and Qatar, adding that Audi needs to raise its workshop capacity in the region by the double.
During the current year, the Volkswagen AG affiliate plans to sell at least 10,000 units in the Middle East, and forecasts sales in the premium segment to climb between 12-15 percent, whereas the overall passenger car market could go up between 6-8 percent from 1.1 to 1.2 million units estimated to have been sold last year.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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