Under the patronage of His Royal Highness Prince Mishaal bin Majed, Governor of Jeddah, stems from next Tuesday, December 24 to 28 and for four days, Saudi International 35 Exhibition for cars and motorcycles and the exhibition will be held on an area of 31,000 m2 of covered halls and ideals of outdoor spaces with the participation marks distinct from international and local exhibitors; to unveil the latest models and concept cars and technological innovations.
It also will show visitors a wide range of cars in addition to the launch of several models of modern shown for the first time in the Kingdom under one roof from the United States, Japan, Europe, China, and Korea which provides an opportunity for visitors to choose a brand that suits them, as the event will feature Showing a wide range of commercial vehicles and public transport; provides the opportunity for traders, businessmen, importers, and distributors, and interested to see the latest findings of this sector.
Walid Saeed, deputy chairman of Al-Harthy Exhibition confirms the importance of the Saudi market as the largest in the Middle East region for automotive parts and the fifth in the world trade sector, vehicle parts and maintenance services for cars.
He said, “due to the elasticity and strength of the Saudi economy, research and studies indicate the growth of auto sales market in the Kingdom, to reach the sales volume to 25 billion dollars by the year 2014”.
He added that Saudi Arabia will continue to hold the largest share of the market among the GCC countries, has been importing approximately two million vehicles until 2013 and the figure is expected to rise to more than four million vehicles during the next four years.
abounding exhibition Saudi International Motor Shows this year effectively targeted entertainment exciting and interesting, notably the launch of a number of new car model in 2014 and driving experience for Hyundai cars on an area of 12,000 m 2, and offers for motorcycles and also offer private parking amended appearance normal to the attractive appearance and different, in addition to promoting the latest audio systems.
The exhibition will also participation by large finance companies where the financing offers increased as a result of the growth of the region’s markets continuing tend to stimulate car sales to increase domestic sales by 50% to more than 70% during the next few years, and continue the growth of the luxury car market in the Kingdom, especially in major cities such as Riyadh and Jeddah, with annual sales of more than a billion dollars, and this figure is increasing by 27% annually, making the government put the auto industry as a strategic priority to strengthen the non-oil industries to support the national economy.
