Car sales speed up

7 Days in Dubai - - BUSINESS -

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.

Newspapers in English

Newspapers from UAE

© PressReader. All rights reserved.