By Andy Sambidge
Company opens new manufacturing plant in kingdom; to produce 11,000 vehicles a year
Japan's Isuzu Motors has announced the opening of a $133m manufacturing plant in Saudi Arabia that is expected to eventually produce 25,000 trucks a year.
An inauguration ceremony was held for Isuzu Motors Saudi Arabia Co.'s plant in Dammam 2nd Industrial City, the company said in a statement.
Isuzu Motors said it plans to produce 600 trucks in the first year, starting with the medium-duty truck Forward, and then extend the production to other vehicles in its line-up.
The vehicle manufacturer said it is considering the possibility of exporting trucks to other countries in the Middle East.
Isuzu sold 11,000 commercial vehicles in Saudi Arabia in 2011, and estimates sales of 14,000 commercial vehicles for 2012, the statement said.
"Isuzu will continue to strengthen businesses in the Middle East region by providing them with products and services best suitable for their needs, as well as the businesses of after-sales centre in Dubai which already started its operation," the statement added.