Quotes: US 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.


Superior
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.


 






  MENA News Headlines
Apr 23 2014Saudi- Yaroub Bashraheel: In search of peace ... underwater ,Arab News
(MENAFN - Arab News) You've heard of diving snorkeling and other water activities but rarely has anyone heard of free-diving. it's a form of diving underwater without the aid of any breathing ...

Apr 23 2014Saudi- Schneider highlights intelligent health care solutions at forum ,Arab News
(MENAFN - Arab News) Schneider electric a global specialist in energy management is set to showcase its leadership in intelligent health care solutions at the second saudi forum for planning and ...

Apr 23 2014Saudi- Divorcees can seek housing ,Arab News
(MENAFN - Arab News) The kingdom will accept applications from saudi divorced women and widows for financial and housing support said justice minister muhammad al-issa.al-issa called on applicants ...

Apr 23 2014Saudi- New passport office opens at Red Sea Mall ,Arab News
(MENAFN - Arab News) The passport department has opened a new office for citizens and residents at the red sea mall.gen. abdul rahman bin abdullah al-tuwairki deputy director general of the ...

Apr 23 2014Kowait- Rationalization of water use in focus ,Arab Times
(MENAFN - Arab Times) Kuwait city april 7 (kuna): under the patronage of minister of electricity and water abdulaziz al-ibrahim kuwait environment protection society (keps) organized monday a ...

Apr 23 2014Kowait- MoI FM discuss visa issuance by embassies ,Arab Times
(MENAFN - Arab Times) Kuwait april 10 (agencies): officials of the ministries of interior and foreign affairs on thursday discussed implementation of a decision by the minister of interior to ...

Apr 23 2014Saudi- Noha Al-Sharif — an expert in Islamic sculpture ,Arab News
(MENAFN - Arab News) Saudi sculptress noha al-sharif is known for her islamic inspired sculptures that reflect both religion and lifestyle. the concept of modern art attracted her to this medium ...

Apr 23 2014'Piles and piles' of bodies in S. Sudan ,Arab News
(MENAFN - Arab News) Nairobi: gunmen who targeted both children and the elderly left 'piles and piles" of bodies — many of those in a mosque — in a provincial capital in south sudan the un's top ...

Apr 23 2014Lebanon sends trapped citizens aid ,Arab News
(MENAFN - Arab News) Ras al-harf: lebanese authorities on tuesday sent a rare aid convoy to the town of tufeil an island of lebanese territory inside syria where thousands have become trapped in ...

Apr 23 2014Saudi- ASUS showcases product series at Aramco Week ,Arab News
(MENAFN - Arab News) Asus described as the world's renowned consumer notebook vendor and producer of the 'world's best-selling motherboards" recently participated in aramco week and showcased a ...

Apr 23 2014Saudi- Five to die for 2003 attacks ,Arab News
(MENAFN - Arab News) A special criminal court on sunday convicted five people of terror related charges and sentenced them to death. thirty-seven others were sentenced to varying prison terms for ...

Apr 23 2014UAE- Billion-dollar realty projects on show ,Arab News
(MENAFN - Arab News) Cityscape abu dhabi a three-day realty event that began with 120 regional and international exhibitors witnessed major announcements on tuesday.salama bint hamdan al-nahyan ...

Apr 23 2014Saudi- Ministry launches complaint center for domestic workers ,Arab News
(MENAFN - Arab News) The labor ministry has launched a first-of-its-kind multilingual communication center to address complaints and grievances voiced by the kingdom's 1.2 million domestic ...

Apr 23 2014Kowait- Police deportation powers curbed ,Arab Times
(MENAFN - Arab Times) Kuwait city april 3 (afp): kuwaiti police will no longer be able to deport expatriates without interior ministry approval under new rules published thursday after officers ...

Apr 23 2014Kowait- Amiri Diwan urges all off tape case ,Arab Times
(MENAFN - Arab Times)  kuwait city april 9 (agencies): the amiri diwan has called on everybody to steer clear of the controversial tape issue and let the public prosecution take the necessary ...

Apr 23 2014Kowait- New hospital to be ready by 2014 end ,Arab Times
(MENAFN - Arab Times) Kuwait city jan 14 (kuna): director of the 'mega projects 3' group at kuwait oil company (koc) yaqoub dashti said on tuesday that the new ahmadi hospital would be ready to ...

Apr 23 2014Emirates NBD opens branch at Wafi Mall ,Khaleej Times
(MENAFN - Khaleej Times) Emirates nbd on tuesday announced the opening of its new branch at wafi mall which is in line with the bank?s strategy to focus on customer centricity and convenient ...

Apr 23 2014UAE- Tamouh steps up activity on projects ,Khaleej Times
(MENAFN - Khaleej Times) Abu dhabi-based real-estate developer tamouh has scaled up construction activity on all of its announced reem island projects to meet the rising demand for prime spaces in ...

Apr 23 2014Three tied for Asian lead ,Khaleej Times
(MENAFN - Khaleej Times) Gms adhiban of india maghami of iran and yangi of china going strong former asian women’s champion irene sukandar of indonesia (right) beat atousa pourkashiyan ...

Apr 23 2014Kowait- Parliament refuses to lift MP immunity ,Arab Times
(MENAFN - Arab Times) Kuwait april 3 (kuna): the national assembly committee on legislative and legal affairs has turned down a request from the public prosecution on wednesday to lift the immunity ...

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
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

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
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

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


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help