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FINANCIAL NEWS
UAE- Al Tayer Motors reports 57% increase in Q1 sales
21 May 2012
(MENAFN) UAE’s Al Tayer Motors’ CEO, Ashok Khanna, announced that during the first quarter, overall car sales jumped 57 percent from last year’s same period, reported Emirates 24/7.
Khanna said that the company, one of the country’s leading automotive dealerships, posted an average of 40 percent jump in sales of luxury brands.
Moreover, the firm, which owns several showrooms and service centers across the country, managed to increase its sales of Ford vehicles by 60 percent from 2011’s same period.
It is worth noting that Al Tayer Motors attributed the surge in first-quarter sales to the wide range of vehicles across different categories, first class after-sales support and value-added packages offered on the firm’s vehicles.
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