Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait Leads Double-Digit Growth With 98% Rise In Sales  Join our daily free Newsletter

MENAFN - Arab Times - 02/02/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN - Arab Times) The BMW 7 Series, the company's flagship model, has reaffirmed its ongoing success and market dominance yet again with sales increasing 16% in 2013. Throughout the year, the BMW Group sold 4,815 of these premium luxury sedans to customers across the Middle East compared to 4,044 in 2012, making it a leader in its premium luxury sedan segment, and a strong contributor to the company's overall record sales growth in the Middle East in 2013. Saudi Arabia, one of the world's fastest growing automotive markets was the main contributing market selling 1,631 BMW 7 Series vehicles in 2013, followed by the UAE and Kuwait with 1,299 and 1,077 vehicles respectively. Kuwait led the double-digit growth in the region for the 7 Series with an impressive 98% increase in sales. Other key markets that had double digit growth for BMW's flagship model were Oman with 24%, Qatar with 19% and Abu Dhabi with 12%



Commenting on the success of the BMW 7 Series in the region, Alexander Eftimov, Director Sales & Marketing for BMW Group Middle East, said: "We have a focused strategy with our importer partners across the region to ensure that we maintain the 7 Series' leadership position, and it has proved extremely successful making the Middle East the third biggest market worldwide for 7 Series sales." Eftimov added: "The 7 Series was chosen by the Dubai Airport Management for the transport of VIP passengers travelling between the aircraft and the terminal. It was also the vehicle of choice selected by the Civil Aviation Authority in Bahrain for the Bahrain International Air show to provide luxury transportation for its VIP guests. A recent visit by BMW Group Board Member Dr. Ian Robertson to the Kingdom of Saudi Arabia reiterated BMW's commitment to the market where the 7 Series accounts for 43% of the total sales volume and continues to garner popularity with the affluent Saudi customers in addition to the large commercial entities," added Eftimov



In November the Dubai International Motor Show saw the launch of the first ever BMW 7 Series model to wear the famed M badge - BMW 760Li V12 M Bi-Turbo. Powerful to the core, this is the fastest BMW 7 Series to ever launch. The vehicle has a 6.0-litre V12 Twin-Turbo charged engine that produces 544hp and takes the sedan from 0 to 100km/h in 4.6 seconds



Sperio


Eftimov added: "The BMW 760Li V12 M Bi-Turbo combines Formula One inspired colour themes with BMW Individual interior trim and an engine that will exhilarate even the most experienced of motoring enthusiasts. It is aimed at individuals who demand a superior level of power, comfort and in-car innovations from their vehicle - but know that there is superb engineering under the bonnet to ensure that they enjoy a sporty yet luxurious driving experience." Apart from these exclusive editions, the BMW 7 Series' roots lie in its superior blend of luxury, elegance, innovation and engineering. The latest BMW 7 Series with its distinctive design modifications make it bigger, more luxurious, more comfortable and dynamic than its predecessors. It features are especially prominent from the front with new Adaptive LED headlights with hallmark BMW double corona rings and a smart accent strip, which enhance visibility and gives the vehicle a distinctive appearance both day and night.



The luxurious interior of the BMW 7 Series makes use of top-class materials; quality workmanship and outstanding practicality define the interior of the BMW 7 Series Sedan. The driver and front passenger can relax in plush leather seats offering optimum lateral support and long-distance comfort whilst they experience the most peaceful of rides with BMW's best-in-class noise insulation. The optional rear seat entertainment package comes with a new 9.2-inch flat screen monitor to ensure a refreshing diversion for extended journeys, while a new 1,200-watt Bang & Olufsen High End Surround Sound System with 16 speakers delivers unimpeachable sound quality.



In the cockpit, behind the steering wheel, features a multifunctional instrument display with black-panel technology and 10.25-inch screen, including instruments that use different colours and graphics depending on the driving mode selected, and provides the driver with situation-specific information. The Control Display in the centre of the instrument panel has also benefited from visual and technical improvements that use high-resolution 3D graphics. Alongside the flagship BMW 760Li with its 12-cylinder powerplant and the entry level BMW 730Li engine, customers can also choose from new six-cylinder in-line engine powering the BMW 740Li and a V8 petrol engine in the BMW 750Li

 


Arab Times




  MENA News Headlines
 Dec 6 2016 - Germans recycle more and more effectively: Success in PET bottle recycling according to studyMENAFN Press
(MENAFN Press) Bottle deposits have ensured consistently high recycling rates for PET bottles in Germany according to a new 2015 study on the usage and recycling rates of PET beverage bottles in ...

 Dec 6 2016 - Jawaher Al Qasimi Issued Administrative Decision To Appoint Board Of Trustees Of Rubu’ Qarn | For Creating Future LeadersMENAFN Press
(MENAFN Press) The Wife of His Highness the Ruler of Sharjah, Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, Chairperson of the Supreme Council for Family Affairs, issued an administrative ...

 Dec 6 2016 - Sharjah Concludes its UAE National Day Celebration ProgrammeMENAFN Press
(MENAFN Press) Sharjah’s Higher Committee of National Day Celebrations has concluded its programme to mark the UAE’s 45th National Day, with the schedule comprising a diverse array of over 40 ...

 Dec 6 2016 - du re-enforces road safety messaging for staff during a hard-hitting Road Safety campaignMENAFN Press
(MENAFN Press) : du has joined forces with Emirates Driving Institute to launch a road safety campaign for its employees on November 17, to support the Roads and Transport Authority (RTA) mission of ...

 Dec 6 2016 - DGCX Celebrates 11th Anniversary with Record VolumesMENAFN Press
(MENAFN Press) Dubai Gold & Commodities Exchange (DGCX) celebrated its 11th anniversary on November 21st, delivering a stellar year-to-date growth of 38%, trading over 18.3 million contracts. Strong ...

 Dec 6 2016 - The International Autumn Trade Fair strengthen the UAE position as a strategic market in the MENA regionMENAFN Press
(MENAFN Press) The International Autumn Trade Fair (IATF 2016) is announced to be held from 14th to 16th of December at Dubai World Trade Centre. The 31st edition of the event will take place under ...

 Dec 6 2016 - The IVI 2016 fertility conference in Abu Dhabi ended with huge participation and exchange of brilliant ideas that take infertility treatments to newer heightsMENAFN Press
(MENAFN Press) The 2nd edition of the IVI Fertility conference titled - Latest Advances for Enhancing Success Rates in ART, ANNO 2016, recently concluded after two days of insightful discussions and ...

 Dec 6 2016 - Welcome 2017 in style at Hawthorn Suites by Wyndham’s NYE bashMENAFN Press
(MENAFN Press) Have a chic and classy countdown to 2017 with a black-and-white themed NYE gala dinner party at Hawthorn Suites by Wyndham, Jumeirah Beach Residence. Dress to the nines and dance ...

 Dec 6 2016 - Hotelier Summit UAE & KSA kicks off today (6th December) with a focus on the sustainable design and tech-oriented Hotels propertiesMENAFN Press
(MENAFN Press) For its 9th edition, the Hotelier Summit – UAE & KSA kicked off today (Tuesday, 6th December, 2016) at Al Bustan Rotana in Dubai. Reuniting 235 key decision makers and experts from ...

 Dec 6 2016 - KAMCO supports Generation Six of The ProtégésMENAFN Press
(MENAFN Press) KAMCO Investment Company, a leading investment company with one of the largest AUMs in the region, supported Generation Six of The Protégés. KAMCO participated in the Job Shop event ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help