Saudi Arabia biggest market for Rolls-Royce in Mideast in H1 2014
Published: Sep 29, 2014
Source: Saudi Gazette


Email this story Print this page zoomin zoomout

Saudi Arabia biggest market for Rolls-Royce in Mideast in H1 2014

Mohamed Yousuf Naghi Motors, the sole dealer of Rolls-Royce Motor Cars in the Kingdom, has reaffirmed its importance within the ultra-luxury marque’s regional network following a remarkable first half of 2014 in which it was named the best performing dealer in the Middle East in terms of number of Rolls-Royce motor cars sold. 

Mohammed Yousuf Naghi Motors confirmed a 51 percent surge in sales over the same six-month period in 2013 – clearly demonstrating Saudi customers’ desire and appreciation for ultra-luxury cars as well as the strength of the Rolls-Royce brand in the Kingdom. 

“The first half of this year has been exceptional”, said Stavros Paraskevaides, Managing Director of Mohamed Yousuf Naghi Motors (BMW Group). “The fact that we are the best performing dealer in the region in terms of sales showcases our unwavering focus on customer satisfaction and ability to offer a pinnacle ownership experience – from the Bespoke specifications that run in line with Rolls-Royce's pursuit of excellence and quality through every aspect of the brand to offering the very best in craftsmanship, engineering, driveability and exclusivity.”

The key driver of Mohamed Yousuf Naghi Motors’ solid performance in the first half of the year was the recently launched Rolls-Royce Wraith. As the most powerful and dynamic Rolls-Royce in history, the Wraith has proven extremely popular amongst Saudi customers. Displaying hallmark Rolls-Royce attributes of luxury, refinement and hand-craftsmanship, the Wraith also offers discerning drivers a unique character defined by power, style, drama and a hint of noir.

Mohamed Yousuf Naghi Motors has seen steady growth in its Rolls-Royce sales over the past few years, including a 16 percent soar in 2013. “This year-on-year growth is not only the result of the team’s continued dedication to meeting clients’ exacting standards, but also the ongoing strength of the Saudi economy and its increasingly important ultra-luxury car market,” Paraskevaides added. “As such, I am confident that this success will continue and we are poised for another exceptional six months.” 

© Copyright - Saudi Gazette
comments powered by Disqus

Middle East Stock Markets

Index Last Change %Change
TASI 7,085.11 0.00 0.00%
ADI 4,575.78 0.00 0.00%
DFMGI 3,636.38 0.00 0.00%
QE 9,313.49 0.00 0.00%
KSE 6,840.23 0.00 0.00%
MSM30... 5,083.370 0.000 0.00%
ASE... 2,146.09 0.00 0.00%

Recent Analyst Actions  >>

Company Price Opinion
Bank Muscat 0.52 Buy
Voltamp Energy Co. 0.52 Overweight
Jarir Marketing Co. 142.60 Overweight
Saudi Basic Industries Corp. 90.00 Neutral
Etihad Etisalat Co. 25.00 Neutral

Markets Today Quick Links


Get all the latest updates about the GCC & Global Markets directly to your email