Arab auto maker expects $3.4m sports car to sell fast

Beirut-based W Motors Lykan Hypersport 2013 is capable of speeds of up to 390 kmph
W Motors chairman and CEO Ralph Debbas.
By Francesca Astorri
Mon 28 Jan 2013 01:47 PM

W Motors, the Beirut-based manufacturer of a new luxury sports car capable of speeds up to 390 kmph, says it has seen global interest in purchasing the vehicle, which will go on sale for US$3.4m.

Only seven units of the Lykan Hypersport 2013 will be manufactured, but the company's chairman and CEO claims that he has received more than a hundred requests from around the world to buy one.

"We'd like the first few cars to go to Arabs, even if we have received requests from Russia, China, the US," Ralph Debbas told Arabian Business Qatar on Monday at the Qatar Motor Show 2013, where the car is set to be unveiled.

Lucky customers will have the option of choosing diamonds, rubies, emeralds or other precious stones to be encrusted in the lights of the car.

The Lykan Hypersport 2013 will be manufactured in the Italian city of Turin, but the company is ready to relocate production to the Middle East, with Dubai, Abu Dhabi and Doha the most probable locations.

W Motors is the first Arab manufacturer of high performance luxury sports car, claimed Debbas."The problem with Arab companies is that they want to do [it] all on their own, instead we decided to partner with well established engineering companies around the world to create a work of art car," he said.

Debbas added that more than a hundred engineers had worked over the last six years to create the project, which required tens of millions of dollars in start-up investment.

The inauguration of the Qatar Motor Show 2013 will take place on Monday evening, with Qatari Prime Minister Hamad bin Jassim bin Jaber Al Thani set to attend the ribbon-cutting ceremony at the Doha Exhibition Centre.

More than 120,000 visitors are expected over the next five days.

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