AL Tayer Motors 2012 Q1 sales up by 57% v/s 2011 Q1

Press release

Published May 21st, 2012 - 05:07 GMT

Al Tayer Motors

Al Tayer Motors, one of the UAE’s premier automotive dealerships, has notched up an impressive 57% increase in overall vehicle sales in the first quarter of 2012 compared to the first quarter of 2011.

Sales across the luxury brands represented by the company were up by an average of 40% in the same period while sales of Ford vehicles were up by 60%.

“We have enjoyed a very good start to 2012, which can be attributed to the strong line-up of vehicles across various categories, excellent after-sales support and value-added packages offered on our vehicles. This strong performance is in line with our projections for the period,” said Ashok Khanna, Chief Executive Officer, Al Tayer Motors.

Al Tayer Motors has showrooms and service centres across the UAE and offers customers attractive trade-in deals at its pre-owned approved cars showrooms. Details of the latest offers from the company are available on www.altayermotors.com.

As part of its ongoing expansion, Al Tayer Motors recently announced the commencement of work on a new facility in Sharjah, which is expected to be ready in the second half of 2013.

Background Information

Al Tayer Group

Established in 1979, Al Tayer Group is a privately-held, diversified company with operations in 12 countries in the Middle East and beyond. With over 7,800 employees from 95 different nationalities, the Group has its headquarters in Dubai, UAE.

Al Tayer Group operates leading, quality-focused businesses in automobile sales and service, luxury and lifestyle retail, perfumes and cosmetics distribution, engineering as well as interiors contracting. The Group’s portfolio includes several of the world’s leading brands such as Armani, Bvlgari, Banana Republic, Ford, Ferrari, Gucci, Gap, Harvey Nichols and Maserati. The Group operates over 180 stores across multiple markets in theMiddle East. In addition, Al Tayer Group has investments in commercial real estate, contracting, supply chain management, precision tools manufacturing and travel agency services.