Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait - BMW 7 Series Mideast sales up 16% in 2013   Join our daily free Newsletter

MENAFN - Arab Times - 03/02/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab Times) The BMW 7 Series, the company's flagship model, has reaffirmed its ongoing success and market dominance yet again with sales increasing 16% in 2013. Throughout the year, the BMW Group sold 4,815 of these premium luxury sedans to customers across the Middle East compared to 4,044 in 2012, making it a leader in its premium luxury sedan segment, and a strong contributor to the company's overall record sales growth in the Middle East in 2013. Saudi Arabia, one of the world's fastest growing automotive markets was the main contributing market selling 1,631 BMW 7 Series vehicles in 2013, followed by the UAE and Kuwait with 1,299 and 1,077 vehicles respectively. Kuwait led the double-digit growth in the region for the 7 Series with an impressive 98% increase in sales. Other key markets that had double digit growth for BMW's flagship model were Oman with 24%, Qatar with 19% and Abu Dhabi with 12%



Commenting on the success of the BMW 7 Series in the region, Alexander Eftimov, Director Sales & Marketing for BMW Group Middle East, said: "We have a focused strategy with our importer partners across the region to ensure that we maintain the 7 Series' leadership position, and it has proved extremely successful making the Middle East the third biggest market worldwide for 7 Series sales." Eftimov added: "The 7 Series was chosen by the Dubai Airport Management for the transport of VIP passengers travelling between the aircraft and the terminal. It was also the vehicle of choice selected by the Civil Aviation Authority in Bahrain for the Bahrain International Air show to provide luxury transportation for its VIP guests. A recent visit by BMW Group Board Member Dr. Ian Robertson to the Kingdom of Saudi Arabia reiterated BMW's commitment to the market where the 7 Series accounts for 43% of the total sales volume and continues to garner popularity with the affluent Saudi customers in addition to the large commercial entities," added Eftimov



In November the Dubai International Motor Show saw the launch of the first ever BMW 7 Series model to wear the famed M badge - BMW 760Li V12 M Bi-Turbo. Powerful to the core, this is the fastest BMW 7 Series to ever launch. The vehicle has a 6.0-litre V12 Twin-Turbo charged engine that produces 544hp and takes the sedan from 0 to 100km/h in 4.6 seconds





Superio

Eftimov added: "The BMW 760Li V12 M Bi-Turbo combines Formula One inspired colour themes with BMW Individual interior trim and an engine that will exhilarate even the most experienced of motoring enthusiasts. It is aimed at individuals who demand a superior level of power, comfort and in-car innovations from their vehicle - but know that there is superb engineering under the bonnet to ensure that they enjoy a sporty yet luxurious driving experience." Apart from these exclusive editions, the BMW 7 Series' roots lie in its superior blend of luxury, elegance, innovation and engineering. The latest BMW 7 Series with its distinctive design modifications make it bigger, more luxurious, more comfortable and dynamic than its predecessors. It features are especially prominent from the front with new Adaptive LED headlights with hallmark BMW double corona rings and a smart accent strip, which enhance visibility and gives the vehicle a distinctive appearance both day and night.



The luxurious interior of the BMW 7 Series makes use of top-class materials; quality workmanship and outstanding practicality define the interior of the BMW 7 Series Sedan. The driver and front passenger can relax in plush leather seats offering optimum lateral support and long-distance comfort whilst they experience the most peaceful of rides with BMW's best-in-class noise insulation. The optional rear seat entertainment package comes with a new 9.2-inch flat screen monitor to ensure a refreshing diversion for extended journeys, while a new 1,200-watt Bang & Olufsen High End Surround Sound System with 16 speakers delivers unimpeachable sound quality.



In the cockpit, behind the steering wheel, features a multifunctional instrument display with black-panel technology and 10.25-inch screen, including instruments that use different colours and graphics depending on the driving mode selected, and provides the driver with situation-specific information. The Control Display in the centre of the instrument panel has also benefited from visual and technical improvements that use high-resolution 3D graphics. Alongside the flagship BMW 760Li with its 12-cylinder powerplant and the entry level BMW 730Li engine, customers can also choose from new six-cylinder in-line engine powering the BMW 740Li and a V8 petrol engine in the BMW 750Li




 


Arab Times




  MENA News Headlines
 May 28 2015 - HH the Emir Meets Indonesian FMQatar News Agency
(MENAFN - QNA) HH the Emir Sheikh Tamim bin Hamad Al-Thani on Thursday met at his Emiri Diwan office with Foreign Minister of the Republic of Indonesia, Retno Marsudi, and the delegation currently ...

 May 28 2015 - Yemeni President Meets U.S. Assistant Secretary of StateQatar News Agency
(MENAFN - QNA) Yemeni President Abd-Rabbu Mansour Hadi met on Thursday with Anne Patterson, U.S. assistant secretary of state for near eastern affairs. They reviewed the efforts of the Yemeni ...

 May 28 2015 - Kuwait's Foreign Minister Meets Libyan CounterpartQatar News Agency
(MENAFN - QNA) Kuwait's First Deputy Prime Minister and Foreign Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah met here Thursday with the Libyan Foreign Minister Mohammed Aldayri on the sideline of ...

 May 28 2015 - Multiplex, CricOn register big victories in Power Horse T20 cricket tournamentKhaleej Times
(MENAFN - Khaleej Times) Multiplex and CricOn put on dominating performances to register comfortable victories in the Power Horse T20 cricket tournament at the Fair Ground Oval in Dubai Men's College ...

 May 28 2015 - Abdel Gawad and Evans win Sharm El-Sheikh International ChampionshipDaily News Egypt
(MENAFN - Daily News Egypt) Karim Abdel Gawad and Ali Farag met in an all-Egyptian final, with Abdel Gawad winning the Sharm El-Sheikh Squash International Championship title. Abdel Gawad won against ...

 May 28 2015 - Dubai to ease licensing for 'weekend doctors'Khaleej Times
(MENAFN - Khaleej Times) Dubai health authorities have eased licensing regulations for visiting professionals so as to give patients access to international and highly qualified, 'weekend ...

 May 28 2015 - Ramadan 2015 at Sequoia: Bringing out the beauty of nature, with an exotic feelDaily News Egypt
(MENAFN - Daily News Egypt) Over the years, Sequoia has been known for being one of the most popular restaurants in Cairo, bringing you the best of Mediterranean and oriental cuisine. Every year, ...

 May 28 2015 - Fashion designs need protection: ShayDaily News Egypt
(MENAFN - Daily News Egypt) Shay is one of the fashion designers who was introduced to the world of fashion through the Italian Fashion Academy. She studied design and marketing, and afterwards went ...

 May 28 2015 - Cairo Airport's Terminal 2 soft opening expected in NovemberDaily News Egypt
(MENAFN - Daily News Egypt) Cairo International Airport's Terminal 2 will witness its soft opening in November this year, with the official opening expected in March 2016.The soft opening comes as ...

 May 28 2015 - Egypt targets 20 million tourists by 2020: Tourism MinisterDaily News Egypt
(MENAFN - Daily News Egypt) Tourism Minister Khaled Rami presented his ministry's strategy to reach 20 million tourist by 2020, according to a statement after a press conference held by the minister ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help