Car sales speed up
SAIC Motor says it expects to double sales in the region in 2017. The Chinese firm opened its Middle East headquarters in Dubai’s Jebel Ali Free Zone in November 2015 to expand its market share in the region for its affiliate brands MG, the much-loved British marque, and the light commercial vehicle manufacturer Maxus. It said this resulted in regional sales growth of 30 per cent. With new models planned for 2017, the regional headquarters have forecasted sales growth of 100 per cent for 2017. SAIC also plans to open two new operations offices in GCC markets.