| Home | GCC | World | Industries | Markets | Opinion | Interviews | Photos | Video | Lists | Lifestyle | StartUp | Topics | Jobs | Property | Smart TV |
Help, I forgot my username and/or password
Ford and Lincoln sales in the Middle East closed 2012 on a high note, breaking the 75,000 unit barrier, the US-based car maker said.
The sales, representing a 10 percent year on year growth, were boosted by a 42 percent jump in deliveries in the last quarter of the year, a statement said.
Larry Prein, Ford Middle East's managing director, said he was confident that the momentum will be equally strong for 2013.
Kuwait posted a positive growth owed largely to the strong sales of trucks and SUVs which registered a 56 percent growth versus 2011, he said in the statement.
"2012 has truly been a landmark year for Ford in the region," Prein said.
"We continued to drive growth aggressively across our markets thanks to the great new products we've introduced lately, and the tremendous support we've seen from our dealers.
"In the last quarter we've gained momentum as our supply got better."
In the UAE, total Ford and Lincoln sales posted growth of 55 percent in 2012 where passenger cars recorded a 38 percent growth. Best sellers included the Taurus, Mustang, Fusion and Ford's new Figo.
Meanwhile, trucks and SUVs registered a 55 percent increase, driven by increased demand on Edge, Escape, Explorer, Expedition and F-Series trucks.
In Saudi Arabia, overall sales were flat year on year. However, excluding the impact of the Crown Victoria discontinuation, sales of the remaining vehicles grew by nearly 30 percent, the statement added.
Ford also saw growth in other GCC markets where sales recorded an increase of 107 percent in Qatar, 42 percent in Oman and 48 percent in Bahrain.
Prein said: "We are confident that... we will set yet another record performance in the Middle East."
How many of the people who avail the the free healthcare services in Kuwait will avail public healthcare for their family members back home? They will... more
Sunday, 19 May 2013 5:49 PM - RafiI wouldn't invest in listed stocks in the UAE because it is an open secret that corporate governance is woeful - the concept of minority interest is simply... more
Sunday, 19 May 2013 5:47 PM - Monkey TennisWe will have mixed opinion here just because we have two kinds of parents here. We have normal families where at least one of the parents are available... more
Sunday, 19 May 2013 5:49 PM - Rafi
Amazes me to see no one is commenting on the salary increase the flying crew got!
Last week, Emirates flight attendants received a letter from their... more
Islam is not better than any other religion, to all the muslims out there, stop putting yourself on a pedestal, you are filled with self importance that... more
Tuesday, 14 May 2013 9:58 AM - graemeHow many of the people who avail the the free healthcare services in Kuwait will avail public healthcare for their family members back home? They will... more
Sunday, 19 May 2013 5:49 PM - Rafi
Amazes me to see no one is commenting on the salary increase the flying crew got!
Last week, Emirates flight attendants received a letter from their... more
Islam is not better than any other religion, to all the muslims out there, stop putting yourself on a pedestal, you are filled with self importance that... more
Tuesday, 14 May 2013 9:58 AM - graeme
Who cares.......the most powerfull Arab is this NEWS
more
Join the Discussion
Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.
Please post responsibly. Commenter Rules